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Thu Dec 27, 2012, 11:31 PM

 

Congratulations, Chicago: Your City Now Has The Most Expensive Parking Meters In The U.S. ($6.50hr)

In a move that will earn it the dubious honor of being home to North America’s most expensive parking meters, Chicago’s downtown meters will start charging parkers $6.50 an hour starting on New Year’s Day, up from $5.75. It’s the highest rate for a downtown area and the fifth year the city’s parking meter rates have gone up. Umm, so, congratulations?

By the end of February Chicago Parking Meters LLC will have all machines set to new rates by the end of February, says CBS Chicago. Since that company took control of the city’s meters in 2008, rates have kept rising. It secured the lucrative contract under a 75-year lease championed by former Mayor Richard M. Daley.

MORE...

http://consumerist.com/2012/12/27/congratulations-chicago-your-city-now-has-the-most-expensive-parking-meters-in-the-u-s/

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Reply Congratulations, Chicago: Your City Now Has The Most Expensive Parking Meters In The U.S. ($6.50hr) (Original post)
Purveyor Dec 2012 OP
Sekhmets Daughter Dec 2012 #1
Angry Dragon Dec 2012 #2
JReed Dec 2012 #3
Luminous Animal Dec 2012 #4
TroglodyteScholar Dec 2012 #5
pa28 Dec 2012 #6
Hassin Bin Sober Dec 2012 #7
ProgressiveProfessor Dec 2012 #8
loyalkydem Dec 2012 #9
City Lights Dec 2012 #10

Response to Purveyor (Original post)

Thu Dec 27, 2012, 11:38 PM

1. Oops. n/t

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Response to Purveyor (Original post)

Thu Dec 27, 2012, 11:39 PM

2. I guess private corporations can do things for less

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Response to Purveyor (Original post)

Thu Dec 27, 2012, 11:40 PM

3. That's appalling

 

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Response to Purveyor (Original post)

Thu Dec 27, 2012, 11:42 PM

4. 75 year leases should be illegal.

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Response to Purveyor (Original post)

Thu Dec 27, 2012, 11:43 PM

5. This is shameful to be sure

I won't go by car into Chicago unless I'm staying a while. If I can make my destination by train and on foot, cool. Otherwise I'll skip it.

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Response to Purveyor (Original post)

Thu Dec 27, 2012, 11:52 PM

6. Who could have predicted that a privatized monopoly would result in price gouging? n/t

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Response to pa28 (Reply #6)

Thu Dec 27, 2012, 11:56 PM

7. It's no surprise because the increases were written in to the contract.

And Daley got himself a nice cushy consulting gig - with the law firm that negotiated and closed the deal.

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Response to Purveyor (Original post)

Fri Dec 28, 2012, 12:23 AM

8. Monkey wrenches to the ready

I could also suggest gunfire, but there aren't any in Chicago.

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Response to Purveyor (Original post)

Fri Dec 28, 2012, 12:27 AM

9. Oh yea don't go eat out and expect free refils on drinks

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Response to Purveyor (Original post)

Fri Dec 28, 2012, 12:58 AM

10. Three cheers for privatization!







Way to go, Daley.

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