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— A new bike sharing program is rolling out in Ann Arbor this week.

The Ann Arbor News reports ArborBike is set to premiere through a soft launch Thursday morning. About 45 to 50 bikes will be circulated throughout six stations, many of which are within University of Michigan campus areas. The program hopes to increase its presence to 14 stations with 125 rentable bikes by next spring.

ArborBike memberships cost $65 for an annual pass, $10 for a monthly pass and $6 for a 24-hour pass. The bikes can be used for 60-minute trips without an additional charge. If a rider surpasses the 60-minute mark, he or she will be charged $3 for each additional 30-minute increment.

The program will be managed by local nonprofit Clean Energy Coalition.

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