In a newsletter to 42nd Ward residents Alderman Brendan Reilly says he is getting expert help trying to find ways of getting out of the city’s 75-year parking meter lease deal championed by former Mayor Richard Daley.
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.
The Mayor claims it’ll save taxpayers a billion dollars, but according to CBS 2 chief correspondent Jay Levine parts of the deal have some aldermen concerned.
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.”
With Chicago parking meter rates due to rise again after the first of the year, some business advocates say there are two sides to the controversy over how the meter lease deal has affected businesses in the city.
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.
The head of the host committee of the NATO/G8 Summits insists Chicago will be “open for business” as world leaders converge here this May.
You might say that the New Year starts in earnest today, as just about everyone gets back to work. And it’s almost a sure thing that if you live in Chicago or suburban Cook County, your day-to-dat life will be more expensive.
The New Year is bringing pain in the pocketbook for a lot of Chicagoans, because of a list of higher fees for everything from parking to tolls.
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.
Mayor Rahm Emanuel says – for now – he is holding off on paying $13.5 million to the company that controls the city’s parking meters in connection with losses from free parking for the disabled.
A top-to-bottom review of the state’s parking program for people with disabilities will begin in January, in the wake of a Chicago Sun-Times investigation that found that more able-bodied people than ever are illegally using disabled-parking placards to park for free in metered spots in Chicago.
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