The City Council on Wednesday passed Mayor Rahm Emanuel’s revised deal with the private company that manages the city’s parking meters.
The deal was supported by many aldermen as the council passed the plan with a 39-11 vote, despite concerns from city residents.
“We are tripping over hundred dollar bills to pick up nickels,” said Ald. Jason Ervin. “As a council we would be irresponsible not to do this.”
As part of a settlement in the city’s legal battle with the private company that oversees Chicago’s street parking, Chicago Parking Meters LLC has agreed to stop charging on Sundays in the city’s neighborhoods beginning in late summer, Emanuel said.
In return parking costs will be extended to 10 p.m. during the week in blocks where metered parking ends at 9 p.m. Times will be extended from 9 p.m. to midnight in the area bordered by the Chicago River to the South, the lake to the East, Division Street to the North and the Chicago River to the West. Residential streets where meters run until 6 p.m. will not be extended.
“Does anyone remember 2008? Did we not learn anything? Here we are now five years later. Where did all that money go?” said Ald. Bob Fioretti. “We didn’t just lease an asset. We leased our sovereignty. Some lemons shouldn’t be made into lemonade, they should be returned to the store for a refund.”
Read more at NBC Chicago.
(Photo: NBC Chicago)