PADL, LLC. is a local company whose mission is to get more people out on the water by providing paddle sport rentals at self-serve stations (Exhibit B). PADL currently has paddleboard stations located in the following areas:
· Fiesta Key
· Key Biscayne
· Boynton Beach
· Juno Beach
· Jupiter
· Vero Beach
· Lake Butler
Additionally, the company plans on adding 15 more stations throughout Miami-Dade and Clay Counties, and in states such as California, Virginia and North Carolina.
The company is interested in installing several stations in the City of Miami Beach, as part of a pilot program, at locations such as Pine Tree Park and Parkview Island Park.
PADL possesses GPS, cellular service and self-locking technology in its fleet so that kayaks and paddleboards may be locked and opened by users with an app and tracked to provide for operations and maintenance. As noted in Exhibit B:
· All rentals are done via a smartphone app
· Boards are equipped with GPS for constant tracking and communication
· Docking stations are solar powered
· Leashes and life jackets are provided with each rental
· Safety videos provided in app in addition to location specific safety signage
· PADL would be responsible for all installations and operations
· PADL will cover all maintenance costs for the kayak and paddleboard fleet and docking stations
· PADL rentals are charged at $15.00 per hour or $24.99 for a monthly membership (discounted to $97.00 for six months). Rates are subject to change
· As part of the pilot program agreement, a 20% share of revenues received by PADL would be paid to the City monthly