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Products for Low Income Populations Sample Clauses

Products for Low Income Populations. Motivate will create programs with the PBOT as set forth in the High Roads Standards - Exhibit F to provide lower cost products for targeted low-income populations. Specifically, in coordination with the City, Motivate will provide up to 500 discounted annual memberships to be purchased by the City and/or other organizations for low income residents or individuals from traditionally underserved communities for $35 or lower provided that such memberships shall be subject to standard eligibility requirements.. In addition, City and Motivate may work together to provide a discounted product for monthly and/or annual memberships to provide access to low-income customers. The price will be set at a 50% discount from list prices on a monthly or annual membership. This may be administered by a third party, Motivate, and/or the City. The City and Motivate will explore providing a cash-only fare product to provide access to those without credit cards or checking accounts. If any such cash-only plan is executed, Motivate shall not be responsible for any losses of bikes by users of the cash payment plan beyond the annual allowed shrink rate of 1% per year.
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Products for Low Income Populations. Motivate will create programs with the PBOT as set forth in the High Roads Standards - Exhibit F to provide
Sample 1

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