Parking Meter Lease
City Council Holds First Hearing On Proposed Changes To Parking Meter Deal
At the Finance Committee hearing, City Corporation Counsel Steve Patton was asked whether the city could simply get out of the deal altogether.
24 Aldermen Rush To Support Mayor’s Proposed Parking Meter Changes
After facing vociferous backlash from residents over the hated parking meter lease, two dozen Chicago aldermen have rushed to support the Emanuel administration’s agreement with the parking meter firm to offer free Sunday parking, as part of a series of proposed changes to the 75-year deal.
Free Sunday Parking, But Longer Weekday Hours Under Meter Settlement
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.
BGA Urging Open Process For Any Deal To Privatize Midway
The Better Government Association has been putting pressure on the Chicago City Council as city officials weigh possible privatization of Midway International Airport, in an effort to make sure it won’t turn out like the disastrous parking meter lease deal.
Emanuel Renews Push To Privatize Midway Airport
Mayor Rahm Emanuel has renewed the city’s efforts to lease Midway International Airport, but the plans scaled back from the one proposed—and then dropped—by former Mayor Richard M. Daley.
Mayor Orders Audit Of Parking Meter Deal
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.
Parking Meter Firm Demanding $14 Million, City Saying No
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.
Finance Committee OKs Mayor’s Infrastructure Trust Plan
Mayor Rahm Emanuel’s controversial plan to fund $1.7 billion worth of public construction projects with private money cleared a major hurdle Monday, after a City Council panel endorsed the plan, following five hours of debate and a mini-revolt from aldermen concerned about a lack of City Council oversight.
Wicker Park Neighbors Ask Emanuel To Revoke Parking Meter Deal
With 73 years left to go in a parking meter contract signed by the city of Chicago back in 2008, residents in Wicker Park are hoping a new City Hall administration can make a difference.
Daley: City’s Financial Health Improving
Mayor Richard M. Daley said Thursday that the prognosis for the city’s financial health is looking better than expected.
Del Valle: Parking Meter Deal Is Bad For Chicago
Mayoral candidate Miguel Del Valle says the parking meter privatization deal two years ago was a raw deal for Chicagoans, and if elected, he plans to renegotiate the contract.
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