Alta Bike Share's Canadian Partner is "Imminently Insolvent"

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Wondering why Portland Bike Share still hasn't announced a launch date? Blame Canada.As local vendor Alta Bike Share struggles to find private sponsors to launch the city's bike-sharing program next year, the Portland Bureau of Transportation is mulling a plan to loan as much as $4.6 million in operating costs to Alta. But a report out of Vancouver, B.C. says that city is rethinking its $6 million ...   More
 
Thursday, November 14, 2013 AARON MESH

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