Chicago Parking Meters LLC collected $131 million in revenues from city drivers in 2014.
Tag: Chicago Parking Meters LLC
Posted inNews & Politics
In mayoral fund-raising, Emanuel sets the rules and brings in the money
Wealthy donors with business ties to the city keep giving to the mayor.
Posted inBlogs
Private company rakes in millions more from Chicago’s parking meters
Chicago Parking Meters LLC, which controls the city’s street parking system, brought in $135.6 million in 2013.
Posted inNews & Politics
How Mayor Emanuel locked the parking meter deal in place
How Mayor Emanuel locked the parking meter deal in place.
Posted inBlogs
Two parking meter deals are worse than one
Mayor Emanuel’s new agreement could kill future chances to undo the disastrous street parking sale.
Posted inBlogs
With check-writing friends like Mayor Emanuel’s, who gives a f— about enemies?
Discontent with Mayor Rahm Emanuel may be rising, but he can still raise gazillions whenever he wants.
Posted inNews & Politics
Pull up a chair
Fifteen of the donors and insiders who got access to Rahm Emanuel
Posted inNews & Politics
Your NATO/G8 primer
A NATO/G8 primer: Everything you wanted to know but were afraid to ask
Posted inBlogs
The ongoing case against privatization
As the city and state battle with a public interest group over the legality of the parking meter deal, Clint Krislov, the lawyer at the center of it, rips arguments in favor of privatizing public assets.
Posted inBlogs
IVI-IPO Sues the City Over the Parking Meter Deal
And credits the Reader for leading the way in looking into the deal.
Posted inBlogs
All your streets are belong to Morgan Stanley
The parking meter fiasco doesn’t mean just a loss of revenue – it also means a loss of control over city streets, unless we’re willing to pay a premium for metered spots.
Posted inBlogs
Hands on the parking meter handoff
A spokesman for Illinois attorney general Lisa Madigan says her office has opened an investigation into the “transaction and implementation of the new parking meter system.”
Posted inNews & Politics
FAIL, Part Two: One BILLION Dollars!
In April the Reader documented how the Daley administration hid its process for privatizing the city’s parking meters from the public and the City Council. Now, three months into the deal, the city still won’t explain how it determined what the deal was worth—and new evidence suggests the taxpayers were hosed out of billions of dollars.
Posted inBlogs
Aldermen order city lawyers to explore canceling the parking meter deal
Aldermen now say they want to terminate the parking meter lease contract–as soon as they can get a look at it. We’ve posted it here for their (and your) convenience.
Posted inBlogs
The parking meter lease is looking worse and worse
New evidence suggests the taxpayers were hosed out of billions of dollars in the parking meter deal we laid out here last month. And the city still won’t tell us how it determined what the deal was worth.