Bike Share Station Sample Clauses

Bike Share Station. Developer shall pay to the City $9,000 per year, for five years, beginning with the effective date of this Agreement. The City shall use these funds to develop a bike share station which, at the City’s discretion, may be located on the same parcel as the C.3 facilities serving the Project. In the event the City does not maintain a bike share program, the developer shall not be required to provide these funds.
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Bike Share Station. Developer shall fund the purchase and installation of a BikeShare docking station of at least standard size within a quarter mile radius of the Property. Specifically, Developer shall work with the NoMA Business Improvement District staff, DDOT, and the Capital BikeShare program to design and locate such Capital BikeShare docking station. The first such option shall be to place a new Capital BikeShare docking station within the new NoMA park, across Xxxxx Xxxxxx Xxx from the Property. If such docking station is not planned, Developer agrees to upsize the existing docking station located on the southwest corner of the Q Street and Eckington Place, NE intersection to an installation that meets the current demand as of the Effective Date.

Related to Bike Share Station

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