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38 <br />3 Climate Action Plan Measures <br />Transportation & Land Use <br />Type of Measure <br />Bike sharing stations make bicycles easily available at a <br />v °lUntary ......... <br />low -cost hourly rate. This strategy entails the development <br />Emissions Reduction <br />of bike sharing stations at several locations throughout the <br />in 2020 <br />City including the Santa Ana Regional Transportation Center <br />871 MTCO¢e <br />.......................... I .....................••••• <br />(SARTC), major bus stop locations, City Hall, and other <br />Emissions Reduction <br />locations. These easily accessible bicycles can extend the trips <br />in 2035 <br />possible through transit, or directly substitute for automobile <br />4,984 MTCOze <br />........................... ............................... <br />trips on their own. <br />Co-Benefits <br />Reduced energy cost - residents; <br />Bike sharing will require up -front costs to construct the <br />Improved air quality; improved <br />stations and purchase the bicycles, funding for on -going <br />health; improved public realm <br />° °• ° ° °• ° ° °. ° ° °. ° ° °° °° ° °. ... ... ... ° ° °. <br />operating costs, and staff time to oversee and implement <br />Cost to City <br />the program. Some portion of the costs could be borne <br />Medium to High <br />• °......••••• °° °...... ° °•••• °•° ° ° ° ° ° °° <br />by a private vendor who would be responsible for the <br />Private Cost <br />operation of the facilities, with both rental fees and potential <br />Low <br />••••••••••••••••••.•••••••• •••••••.••...•••••..•..•.•..•.• <br />advertising revenue offsetting costs. Based on a review of <br />Potential Funding Sources <br />implementations in Washington, DC and Minneapolis, the <br />Private implementation partner; <br />initial construction cost for six stations will be approximately <br />General Fund <br />°°°°. ° °• °. ... ... ° °. ° °. ... ° °. ... ... ... ° °... <br />$360,000. The City will also be required to allocate some staff <br />Ease of Implementation <br />time on an ongoing basis to oversee the bike sharing system. <br />Medium <br />75B -46 <br />