The Blackpool hire-a-bike scheme, which was under review because of the cost of operating it, re-opens on July 1 under the management of new operator Cycles Recycled.
Who will run a pilot scheme from Monday until the end of the Illuminations in November.
Under the new deal, the bikes will be available from 8am until 8pm each day allowing visitors and residents to cycle along the Promenade, parks and streets around Blackpool.
The operator will be responsible for marketing and promoting the new scheme and will launch a new website to allow customers to pay via smart phone or the web as well as by phone and in person.
There is also a discounted rate for residents of Blackpool of £1 per hour with an initial deposit of £10 providing 15 hours of cycling.
Visitors will pay £7 per day, although there will be discounts for hiring more than one bike.
The scheme had been under review while Blackpool Council looked for a new operator for the bikes because it could no longer afford the cost, which last year added up to £97,524. The new operator will now be responsible for maintaining the scheme.
Ian Gibbs, director of Cycles Recycled, said: “Cycles Recycled are delighted to have been given the opportunity to work on this exciting venture.”
Cycles Recycled is a community interest company based in the North West which takes in unwanted bicycles, refurbishes them and put them back into the community. To book a bike, call (01253) 364000.