Parking meter lease: 72 years more to go

[flickr]photo:4815292121[/flickr]

Bike Walk Lincoln Park in their latest post gives a summary of how the parking meter lease was devised and approved in 2008. Then they point out how a majority if the revenue has been spent, including over half of a “rainy day fund” (as former Mayor Daley called it). But Bike Walk Lincoln Park mentions a report issued by the same company the Daley administration hired to advise it through the parking meter privatization process: Continue reading Parking meter lease: 72 years more to go