The City of Portland unveiled more details Wednesday about its new bike rental proposal.
About 600 bikes will be rented for about $2.50 per half-hour. That’s cheaper than most of the 65 similar programs around the nation.
But the city hopes to make up the difference with annual memberships. Those will likely cost $10 to $15 a month.
Commissioner Nick Fish expects the program to do well.
“The big deciding point for me is family trips to other cities where this has been a huge success," he said.