The Jersey City City Council approved a 5-year contract with NJ Bikeshare LLC at its meeting Wednesday to build, operate and maintain a regional bike-sharing system between the three cities along the Hudson River.
Residents from Jersey City, Hoboken and Weehawken will be able to give their own input on where best to place the bike stations in their communities in the coming weeks.
Bike-share programs have been gaining in popularity recently, with a program on the Rutgers-New Brunswick and Princeton University campuses, in Collingswood and one planned for Red Bank. Bike-share programs are also operating in Washington, D.C., Boston and Denver.
The yearly membership fees for the bike-share program will be roughly $90, said an aide for Mayor Steven Fulop, but the exact pricing has yet to be determined.
The bike-share program will be “really geared toward residents,” said Councilwoman Candice Osborne. The pricing model will be “affordable for residents to use as their form of transportation.”
There will be a minimum of 800 bikes placed throughout the three municipalities, with 102 docking stations planned.
Under the 5-year contract, the three municipalities would share 10 percent of the profits, NJ.com has reported. The program is expected to be launched over the summer at no cost to the taxpayers, Jersey City officials said.
Hoboken approved its contract for the bike-share program in late February. The program is expected to roll out in June in Hoboken.