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I can't believe Boulder has not been mentioned.

Thriving tech community, really beautiful place and a great transit system.

I ride my bike 80% of the year.

http://www.boulder.me for more info (calendar there too).

I second Boulder. Yes, its certainly not a big city, but its got more than its share of good restaurants and bars considering its relatively small population. Beautiful weather for most of the year, nestled right into the mountains. The startup community is stellar in my opinion. And yes, you can ride your bike almost all the time and when you can't, the buses are easy to use.

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