Nice Ride Minnesota will be back despite supplier’s struggles

  • Article by: Matt McKinney , Star Tribune
  • Updated: January 24, 2014 - 11:05 PM

Use of tax dollars for bike sharing at heart of Canadian bankruptcy.

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getcrazyJan. 23, 14 6:49 PM

Nice Ride has been a great program for Minneapolis. I hope it continues until it's not necessary anymore. Meaning everyone has bikes and rides them in the neighborhoods they live in for short errands. Cycling is a more healthy option. Not all of us can do it all of the time but those times you can do it? It's good exercise and it's nice to give big oil the bird once and while.

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littlebootsJan. 23, 14 7:12 PM

Seems like Nice Ride went pretty well in Minneapolis. However, in Saint Paul it was an atrocious mess, little to no ridership, a real failure akin to most everything else on that side of the river.

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supervon2Jan. 23, 14 9:11 PM

Canada got smart and stopped using public money-and then the company goes bankrupt. How much public money is Minnesota spending on this? Please print facts-all the facts.

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MellersJan. 23, 14 9:40 PM

supervon2: Did you not read the article? It was absolutely clear how much public money was spent on Nice Ride. Answer: not much. Most of the funding is subscriptions.

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dsteinbe1977Jan. 23, 14 9:42 PM

Please Nice Ride have more wheels at the event sites after the game.

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unsinnJan. 24, 14 7:26 AM

Per the article, taxpayers paid $580,000 to buy bikes and stations. It doesn't state what Nice Ride invested, if anything. The article does state that Nice Ride had operating revenues of $815,000 for first half of 2013, and $995,000 for 2012. Do we the taxpayers get back any of our investment? If we don't, we should. I'd also like to know the salaries of the executives of this nonprofit.

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littlebootsJan. 24, 14 9:00 AM

I aw people riding them a lot in Minneapolis but never saw a single one out in St Paul. Too bad.

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littlebootsJan. 24, 14 9:16 AM

@dsteinbe1977, they just filed for bankruptcy! I think they have bigger issues currently.

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redmccombJan. 24, 1411:22 AM

I like niceride but I dislike their dishonest approach. Simple math shows it cannot be financially sustainable and their calculus was always to get public subsidies, claiming it is a form of public transportation. It is not, it is mainly an occasional ride for locals and tourists and while I see the value and may agree with limited subsidies I do not agree with the dishonest practice to start out as private business and then request public money.

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reader2580Jan. 24, 14 3:18 PM

Nice Ride did not file bankruptcy. The company making the bikes and bike racks for Nice Ride filed bankruptcy. Nice Ride doesn't make a profit so there is no money to give back to taxpayers. (Revenue is not profit.)

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