Portland Streetcar Inc. urges USDOT to fund bike-sharing system

Tonight in downtown Portland, the Portland Bureau of Transportation will ask for feedback on their draft list of projects in the running for a key pot of federal funding. Portland is in line to receive $6.6 million in “regional flexible funds” and one of the five candidate projects is the Central City Bike Sharing Program.

Today, we learned that the Chair of Portland Streetcar Inc., Michael Powell (owner of Powell’s Books), has sent a letter (full text below) addressed to US Department of Transportation Secretary Ray LaHood, urging him to support Portland’s bike-sharing system proposal with a $2 million funding boost.

With those start-up funds (total project cost is $4 million including user fees and private sponsors), PBOT could move forward with a 740 bike, 74 kiosk system that would provide free/low-cost bicycles throughout the Central City (on both sides of the river).

Back in April we reported that there is some serious momentum for this bike-sharing plan and much of the push was coming from the powerful people behind Portland’s nationally acclaimed streetcar network.