Tuesday, December 02, 2008

Leasing the Meters

The City of Chicago has now agreed to a long term lease of its parking meters.
The deal with Chicago Parking Meter LLC, an infrastructure investment fund managed by Morgan Stanley, marks the first time a U.S. city has privatized its parking meter system. It adds to the list of infrastructure assets Chicago has cashed in on with leases of an airport, a toll road, and some downtown parking lots.
Mayor Richard M. Daley has been a leader at this variety of privatization.

I do wonder what will happen to the handicapped scam on downtown streets. Normally, if you have an official blue handicapped placard, you can park for free at meters. That's not the scam. The scam is when you have your handicapped mother's placard, but you're the only one in the car.

I've seen people park for free
who looked able-bodied to me.

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