SALT LAKE CITY BICYCLE COLLECTIVE

THE BICYCLE COLLECTIVE PROMOTES CYCLING AS AN EFFECTIVE AND SUSTAINABLE FORM OF TRANSPORTATION AND RECREATION, AND AS A CORNERSTONE OF A CLEANER, HEALTHIER, AND SAFER SOCIETY. AN OVERVIEW OF 2023: - RECEIVED 5,686 BICYCLES THROUGH DONATION. - 1,349 BIKES GIVEN AWAY TO THE COMMUNITY. - 779 GOODWILL BIKES GIVEN AWAY TO KIDS. - 570 GOODWILL BIKES GIVEN AWAY TO ADULTS. - 1,556 BIKES SOLD AT AN AVERAGE COST OF 283 PER BIKE - 334 VOLUNTEERS DONATING 6,757 HOURS - 2,334 BIKES PARKED (VALET) - 82.5 TONS OF RECYCLED MATERIAL (79.2 TONS OF METAL AND 3.3 TONS OF RUBBER) GOODWILL BIKES IS A PROGRAM THAT OFFERS FREE BICYCLES TO KIDS AND LOW- INCOME ADULTS. WE PARTNER WITH DOZENS OF ORGANIZATIONS THAT WORK WITH LOW- INCOME ADULTS AND PROVIDE FREE BIKES TO THEIR CLIENTS, REQUIRING ONLY A LETTER OF REFERRAL. TRANSPORTATION IS A FORMIDABLE BARRIER TO ECONOMIC MOBILITY. ACCESS TO NEARLY EVERYTHING ASSOCIATED WITH ECONOMIC PROGRESS AND UPWARD MOBILITY - JOBS, QUALITY FOOD, FAIRLY-PRICED GOODS AND SERVICES, HEALTHCARE, AND SCHOOL -- DEPENDS ON THE ABILITY TO GET AROUND EFFICIENTLY AND FOR AN AFFORDABLE PRICE. PRACTICAL AND AFFORDABLE, A BIKE CONTRIBUTES TO ECONOMIC WELL-BEING, EMOTIONAL STABILITY, AND PHYSICAL HEALTH. IT IS A SIMPLE, ECO- FRIENDLY TRANSPORTATION OPTION. WE WORK WITH MORE THAN 60 COMMUNITY PARTNERS ACROSS UTAH WHO HELP US IDENTIFY THOSE WHO WOULD BENEFIT MOST FROM A FREE BIKE AS PART OF OUR BIKES-FOR-GOODWILL PROGRAM. FOR OTHERS, WE OFFER AFFORDABLE USED BIKES AND PARTS DIRECTLY THROUGH OUR FOUR COMMUNITY SPACES AND ONLINE. ON NOVEMBER 29, 45 DAYS AFTER WE CLOSED THE DOORS OF OUR OLD LOCATION IN SOUTH SALT LAKE, WE OPENED THE DOORS OF OUR NEW HUB AND HEADQUARTERS. LOCATED IN THE GRANARY DISTRICT IN SALT LAKE CITY, OUR NEW HUB ALLOWS US TO: INCREASE OUR IMPACT THROUGHOUT UTAH, ACCEPT MORE DONATED BIKES TO REFURBISH, GIVE MORE BIKES TO PEOPLE IN NEED, KEEP MORE UNWANTED BIKES OUT OF LANDFILLS BY RECYCLING MATERIALS PROPERLY, AND WILL OFFER REVAMPED COMMUNITY EDUCATION. OUR NEW HUB IS A HIP, FUN, AND FUNCTIONAL PLACE FOR PEOPLE TO GATHER AND CONNECT, AND A PLACE TO SUPPORT THOSE IN NEED WITH CRITICAL AND ACCESSIBLE SERVICES. IT IS THE CULMINATION OF A NEARLY 10-YEAR JOURNEY AND A PLACE FROM WHICH WE WILL STRIVE TO INCREASE OUR IMPACT AND TO REDUCE ENERGY CONSUMPTION WITH A 118-PANEL ROOFTOP SOLAR ARRAY. THE FRONT DOORS OPEN TO THE 9 LINE TRAIL CORRIDOR, A WALKING AND BICYCLING TRAIL ALONG 900 SOUTH THAT CONNECTS EAST AND WEST SALT LAKE CITY. A HALF BLOCK EAST IS 300 WEST WHICH FEATURES A SEPARATED, TWO-WAY, 10-FOOT-WIDE BIKE LANE, AND UPGRADED SIDEWALKS. SPECIAL PROJECT FEATURES INCLUDE RAISED SIDEWALKS AND BIKEWAYS AT ALL NON-SIGNALIZED INTERSECTIONS, BIKE COUNTERS, WAYFINDING SIGNAGE, AND GREEN-TINTED CONCRETE. ALL ARE PART OF THE CITY'S COMMITMENT TO PRIORITIZING BIKING AS A SUSTAINABLE AND ACCESSIBLE MODE OF TRANSPORTATION. WE FULLY FUNDED OUR CONSTRUCTION THROUGH A COMBINATION OF EQUITY AND DEBT FINANCING. THROUGH A CAPITAL CAMPAIGN, WE RAISED MORE THAN HALF THE MONEY NEEDED TO COMMENCE CONSTRUCTION. WE CLOSED A NEW MARKETS TAX CREDIT THAT NETS 1.2 MILLION IN EQUITY FINANCING. THIS CREDIT (NMTC) PROGRAM USES A FEDERAL TAX CREDIT TO INCENT INVESTMENT IN QUALIFIED LOW-INCOME AREAS TO FINANCE BUSINESS OPERATIONS AND REAL ESTATE PROJECTS. SALT LAKE CITY HAS BEEN A VALUABLE PARTNER SINCE DAY ONE. FROM PROVIDING THE LAND AT NO COST, THEY RECOGNIZE THE KEY ROLE WE PLAY IN THE COMMUNITY AND THE IMPORTANCE OF THIS LOCATION BRIDGING THE EAST AND WEST SIDES OF THE CITY ALONG THE 9-LINE TRAIL TO THE 1.4 MILLION CONSTRUCTION BRIDGE LOAN THE CITY'S REGIONAL DEVELOPMENT AGENCY (RDA) APPROVED. WE ARE NOW FOCUSED ON SERVICING AND RETIRING THE LOAN AND OPERATING DEBT- FREE. CYCLING IS NOT JUST A FUN ACTIVITY, IT'S A GREAT WAY TO PROMOTE A HEALTHY LIFESTYLE, REDUCE POLLUTION, AND IMPROVE PUBLIC SAFETY. OUR WORK IN PROVIDING INDEPENDENT TRANSPORTATION IN MEETING EVERYDAY NEEDS IS AN INTEGRAL PART OF THE HOMELESS SERVICES PROVIDER COMMUNITY AND ESSENTIAL TO BUILDING A BRIDGE TO SELF-RELIANCE. WE OFTEN MEET OUR CLIENTS WHEN THEY ARE MOST VULNERABLE, OUR FOCUS IS ON HUMAN KINDNESS AND BEING BOTH HUMAN AND KIND BY REBUILDING BIKES AND BUILDING COMMUNITIES.