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Mayor Bloomberg Signs Law Setting Pedicab Fares

NEW YORK (CBSNewYork/AP) -- Mayor Michael Bloomberg has signed off on a law meant to stop unsuspecting pedicab passengers from being taken for a ride in New York City.

A spokeswoman said Bloomberg signed the measure Thursday. He'd said Wednesday he needed to look into it further before he made a decision.

Spokeswoman Evelyn Erskine said Bloomberg did so and decided it would create a reasonable fare system and increase protections for passengers in the tricycle taxis.

The measure requires pedicab drivers to charge by the minute, with the timer clearly visible. Most drivers now charge by city block and per passenger. Some add surcharges.

One Texas family paid more than $400 for a 14-block ride this summer.

The city Pedicab Owners' Association supports the new fare restriction. But a pedicab driver complained to the mayor about it Wednesday.

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(TM and Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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