From the 50 Corridor TMA Communter Connections newsletter:
Bike Share recommendation advances to City Councils
This month, both the Rancho Cordova and Folsom City Councils will hear the 50 Corridor Bike Share Task Force recommendations in for launching a new bikeshare program using LimeBike as the program provider.
The Rancho Cordova City Council is expected to vote on the recommendation at its February 20 meeting which starts at 6 p.m. The Folsom City Council will consider the recommendation on February 27 during its meeting which starts at 6:30 p.m.
A representative of LimeBike will make a presentation to the Folsom City Council.
Should both councils approve the recommendation, bike share should be available on the 50 Corridor by early April.

LimeBike features a dockless system – allowing users to park bikes at whatever destination is convenient. The cost is expected to be $1 for 30 minutes, although a variety of pricing options will be available, including monthly subscription rates. Electric assist bikes will also be available for $1 to unlock the bike and $1 per every 10 minutes.
The main goal of employing bike share along the 50 Corridor is to address first mile/last mile connections for Regional Transit’s Gold Light Rail Line. However, bikes can be used for any kind of trip. And because the bikes are not linked to a particular rack (or dock), they can operate anywhere along the corridor where a need exists.
