A RESOLUTION APPROVING A PERFORMANCE AGREEMENT FOR THE PROPOSED START UP AND OPERATION OF A COMMUNITY BICYCLE LOAN PROGRAM (2007-03-26/R-3)

WHEREAS, the Chapel Hill 2000 Comprehensive Plan seeks to shift the emphasis from the automobile to other means of travel, walking, biking, transit and park and ride to achieve a multi-modal transportation system; and

WHEREAS, the Bicycle and Pedestrian Action Plan adopted by the Town as part of the Comprehensive Plan in October 2004 includes goals to encourage greater bicycle use in the community; and

WHEREAS, on June 27, 2005, the Town of Chapel Hill agreed to commit to a preliminary goal of a 60 percent reduction in carbon dioxide emissions by 2050; and

WHEREAS, the Council of the Town of Chapel Hill, believes that a Community Bicycle Loan Program is consistent with these themes and Council actions;

NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that the Council hereby approves and authorizes the Manager to execute on behalf of the Town a performance agreement with Students United for a Responsible Global Environment (SURGE) under which the Town will provide $15,000 for a Community Bicycle Loan Program for 2006-2007.

This the 26^th day of March, 2007.