Penticton NewsPenticton hosts bike registration event amid rise in bicycle theftsBeat the bike thievesPhoto: Project 529 (Facebook) Registering a bike with Project 529 can help reduce bike theft and help in recovery. On Wednesday from 10 a.m. to 12 p.m., the City of Penticton is hosting a Project 529 bike registration event at the Community Policing Office at 185 Lakeshore Drive. Learn how you can protect your investment and support community bike theft prevention efforts," reads a city announcement. On Friday, the Penticton South Okanagan Similkameen Regional Detachment said there has been an increase in bike theft in the area. Project 529 is a bicycle recovery network, recommended by police, to help reduce bike theft and increase the likelihood of recovery.