1. Lady Bird Lake, formerly known as Town Lake, is a reservoir on the Colorado River in downtown Austin, Texas. It was created in 1960 with the construction of the Longhorn Dam. The lake covers 416 acres and serves as a popular recreational area for residents and visitors alike. Activities such as kayaking, paddleboarding, canoeing, and rowing are common on the lake. The Ann and Roy Butler Hike-and-Bike Trail, a 10-mile trail that loops around the lake, is a favorite spot for joggers, cyclists, and walkers.

2. Lady Bird Lake is a public space and is accessible to visitors throughout the day. There are no specific working hours as it is an outdoor area. For specific information or inquiries, you can contact the City of Austin Parks and Recreation Department.

3. There is no entrance fee to access Lady Bird Lake or the Ann and Roy Butler Hike-and-Bike Trail. Parking is available in various lots around the lake, but it can get crowded on weekends and during events. Public transportation options such as buses and rideshare services are also available to reach the lake area.