Wed Dec 26, 2012, 07:06 PM
marmar (69,332 posts)
Ahh, the joys of privatization: Parking in Chicago
By John Byrne Tribune reporter
5:05 p.m. CST, December 26, 2012
In an annual ritual that has become as predictable if not as joyous as a New Year’s Eve countdown to midnight, Chicago drivers again will have to dig a little deeper to pay to park at meters in 2013.
Loop rates will go up 75 cents to $6.50 an hour as part of scheduled fee increases included in Mayor Richard Daley’s much-criticized 2008 lease of the city’s meters to Chicago Parking Meters LLC.
Paid street parking in neighborhoods near the Loop will rise 25 cents and reach $4 an hour. Metered spaces in the rest of Chicago also will increase by a quarter per hour, to $2, according to the company.
Come the new year, workers will begin adjusting the now-familiar pay boxes to reflect the new rates in the Loop, from there working outward into the neighborhoods, the company said in a news release Wednesday. .............(more)
The complete piece is at: http://www.chicagotribune.com/news/local/breaking/chi-chicago-parking-meter-rates-to-rise-again-in-2013-20121226,0,3777027.story
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Ahh, the joys of privatization: Parking in Chicago (Original post)
Response to marmar (Original post)
Wed Dec 26, 2012, 07:11 PM
Octafish (51,285 posts)
3. Why does Abu Dhabi own all of Chicago's parking meters?