CHICAGO -- A bicycle-sharing program the city of Chicago plans to launch later this spring will be called "Divvy" -- as in divvy up the bicycles and share them.
The Chicago Department of Transportation announced Thursday the program eventually will have 4,000 bikes at 400 sites. It will cost users $75 a year or $7 a day. Yearly members will be able to enroll online and get a key to quickly unlock bikes from any station.
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Divvy stations will be placed near transit stations, employment centers, shopping districts, schools and other popular destinations.
The bicycles will be painted the same color as the stripes on the Chicago city flag. City officials say "Chicago Blue" will make the bikes stand out on the street.