Summary:
On March 24, 2014, the City and CycleHop, LLC, "CycleHop", entered into a contract, "Contract", providing for the establishment of a bike share program, "Program", within the City of Orlando. Under the terms of the Contract, CycleHop will provide bicycles and bike share stations, "Stations", for use by the general public. To assist in operation of the Program, the City agreed to cooperate with CycleHop to allow utilization of portions of the City's right-of-way and City property for the construction and operation of twenty (20) Stations. The attached agreement grants CycleHop a license to use certain City property for locating the Stations and also imposes insurance and indemnification obligations on CycleHop as well as operational constraints, including, though not exclusively, the ability of the City to terminate CycleHop's use of particular Stations and authorize the installation of replacement Stations. |