4-17-6: APPLICATION FOR LICENSE:
A. A person seeking to obtain a license pursuant to this chapter shall file an application with the town manager. The form of the application shall be provided by the town manager.
B. The applicant shall provide a financial guaranty upon which the town may draw, in the amount of eighty dollars ($80.00) per bicycle, with a cap of eight thousand dollars ($8,000.00), to secure performance of the terms of the applicant's license following issuance. The financial guaranty shall be cash, a letter of credit from a surety or financial institution located in the State of Colorado and in a form acceptable to the town manager, payable to the town as beneficiary, or another form of financial guaranty approved by the town manager. If a permitted licensee increases the size of its fleet as permitted by this chapter, the financial guaranty shall be adjusted appropriately before deploying additional bicycles. The financial guaranty will be used to pay Town expenses related to the enforcement of this chapter including, without limitation, the following:
1. Public property repair and maintenance costs caused by the licensee's equipment;
2. Any cost for removing or storing a licensee's bicycles that are improperly parked; and
3. Any cost to the town to remove a licensee's bicycles if its license expires or is otherwise terminated.
If the financial guaranty is exhausted prior to the term of the license, the licensee shall restore the financial guaranty to eight thousand dollars ($8,000.00), or such other amount as may be required by the town manager. A licensee's failure to restore the financial guarantee shall be a violation of the terms and conditions of the license. If an applicant's license is not granted, the financial guaranty shall be returned to the applicant without interest. Upon the expiration or termination of a license the remaining balance of the financial guarantee shall be refunded to the licensee without interest.
C. An applicant for a license shall submit, along with the application, a management plan that addresses accessibility of the applicant's proposed dockless bicycle share system, and how the applicant will prevent or mitigate adverse impacts that its dockless shared bicycles may have to public or private property. The town manager shall not approve a management plan unless it adequately addresses such impacts. The management plan shall include the following components:
1. A description of how the applicant will develop and implement assistance programs to enhance equitable access to potential dockless bicycle share users who do not have access to smart phones or credit cards;
2. A proposed service plan to achieve equitable distribution of shared bicycles and electric assisted bicycles, including deployment of dockless shared bicycles at transit facilities, high demand areas of the town, and areas of the town that are not currently served by shared bicycle stations;
3. A description of how the applicant will respond to complaints of improperly parked or abandoned shared bicycles;
4. A description of how the applicant will respond when notified of safety or operational concerns of a shared bicycle in the system;
5. A maintenance plan for shared bicycles; and
6. A proposed user education and outreach plan for proper bicycle parking and riding.
D. A license issued pursuant to this chapter does not eliminate the need for the licensee to obtain other required Town licenses related to the operation of the licensee's business, including, without limitation:
1. A Town Sales Tax license; and
2. A Town Business and Occupational Tax license. (Ord. 4, Series 2019)