Vancouver City councillors have approved a controversial new bike share program that willl cost taxpayers at least six million dollars.
This has been in the works for five years.
The plan calls for a launch of the bike share program early 2014, with 24 stations and 250 bikes.
A full launch will happen later in the spring, with 150 stations and 1500 bikes.
Portland based "Alta" will be the vendor.
There will be a six million dollar, one time contribution from the City of Vancouver for infrastructure costs, and then 500 thousand dollars annually.
The vendor will be on the hook for all financial risks.