I found an interesting video on Streetsblog about automated
pay-by-the-hour bike lockers in and around Berkeley, California:
http://www.streetsblog.org/2007/05/14/streetfilms-bike-parking-for-just-pennies-per-hour/

I wonder if an arrangement like this would work in Madison.  Bike theft is
not quite the issue in Madison that it is in larger metropolitan areas,
but bikes, and bike parts, do get stolen or vandalized, so there are
probably quite a few bikers who would pay fifty cents to park all day.
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