READ AND PASSED

This enacted bill authorizes a concession agreement between Philadelphia and Freetime, Inc., doing business as Wheel Fun Rentals, to operate and manage bicycle rental stations in the Fairmount Park System. The agreement has an initial five-year term, with a possible five-year renewal at the City's option, subject to its terms and conditions.

Authorizing the Concession Agreement for Operation and Management of Bicycle Rental Stations In The Fairmount Park System, between the City of Philadelphia and Freetime, Inc. (doing business as "Wheel Fun Rentals"), to have an Initial Term of five years and, at the City's option, a Renewal Term of five years, all under certain terms and conditions.