Chicago Parking Meters LLC
Federal agents have been investigating the LAZ Parking executive on allegations he took kickbacks to steer a contract for meters in Chicago to a favored company. The FBI filed an affidavit in February to search two email accounts tied to the executive, who called the allegations “news to me” and declined to comment.
Federal agents have been investigating an executive with the firm that manages Chicago’s privatized parking meters on allegations he took kickbacks to steer a meter contract to a favored company, according to a court record obtained by the Chicago Sun-Times.
Parking is no longer free for motorists with handicaps and disabilities in Illinois, unless they display a new yellow and gray placard in their windshield.
Parts of a dozen Chicago wards got free parking two weeks ahead of schedule on Sunday. The full switchover date to give drivers a reprieve from paying Chicago Parking Meters LLC on Sundays, had been slated for July 1.
Some Chicago residents will get to take advantage of free Sunday parking at parking meters a bit earlier than expected.
Aldermen on Wednesday approved Mayor Rahm Emanuel’s plan to rework the city’s parking meter lease deal, despite concerns about the financial fallout from the deal.
As aldermen prepare to vote on Mayor Rahm Emanuel’s proposed changes to the controversial parking meter lease deal, the administration’s answers to some concerns have raised other questions for the City Council.
At the Finance Committee hearing, City Corporation Counsel Steve Patton was asked whether the city could simply get out of the deal altogether.
Chicago motorists will be able to park for free on Sundays at most city parking meters – except those in the downtown area – but at the cost of extended hours for many meters the rest of the week, under a series of changes to the hated parking meter deal, and settle a long-standing dispute between the city and firm.
Parking meter rates were supposed to increase Jan. 1 in Chicago, but so far, not one meter has been changed to the new rates, which would make downtown meter parking the most expensive in North America.
Another year, another rate hike for Chicago’s parking meters. Starting next Tuesday, parking meters in downtown Chicago will have the most expensive downtown parking rates in North America.
There’s no cheering the Chicago Bears this week, so I’m looking for something else to feel good about; to say “that’s fabulous,” and “right on,” and “go for it.”
Mayor Rahm Emanuel has ordered an independent audit of the controversial $1.15 billion parking meter lease, to determine whether the city is being overcharged.
Chicago and the company running the city’s parking meters are at odds over a $14.2 million bill.
Business interests that pledged money to cover the costs of the NATO Summit are going to have to pay the Chicago’s parking meter lease company.
Another hefty bill has arrived at City Hall from the company that leases Chicago’s parking meters.
It’s unclear who will pay it but, after the NATO summit ends, there likely will be a hefty bill from the private company that operates Chicago’s parking meters, for lost revenue from street closures and parking bans.
The company that leases Chicago’s parking meter system raked in $80 million last year, but now says the city owes it even more money.
For the fourth consecutive year, parking meter rates in Chicago are about to go up under the city’s maligned 75-year lease of its parking meters.
Another week, another embarrassing detail concerning the city’s parking meter monopoly; Chicago Parking Meters LLC has sent City Hall another bill for lost revenue from the city’s parking meters.