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Bike Rental Program Preliminary Analysis <br /> City of Pequot Lakes Park Board <br /> io/11/Zoi� <br /> Costs for o 10 bike system Intt�ia/ Annua! OnQo1n_a <br /> Cost of 10 Bikes(commercial grade rentai ) $5,550 <br /> Cost of 10 Bike Locks-Linka (155 perlockj $1,550 <br /> lnstallation of Bike Rack $750 Wild guess <br /> 10 Bike Bike Rack(U foop) $S75 <br /> Cost of Linka lock paid to Movatic(for monitor/placement) $360 $3 per month per month paid annually <br /> Cost of lock to Linka for API fee $240 $2 API fee per month, per lock,annually <br /> Movatic&Credit card fee per transaction $0.30+6% <br /> Bike Maintenance TBD <br /> In�ti�i`Iri,vcsC�neni: , �; �8 42� ��tJ�1 >TBb., ' <br /> � <br /> ^ � J� .. � <br />