June 3, 2013 : June 3, 2013 – excerpt
Back in 2008, the Chicago City Council voted 45-5 to approve the much loathed parking meter lease deal.
At Wednesday’s City Council meeting, 11 aldermen voted against Mayor Rahm Emanuel’s remix of the parking meter lease remix.
Emanuel’s renegotiated meter lease which better controls non-meter revenue from changes to the meter system value or street closures and gives free Sunday parking in neighborhoods in exchange for extending meter payment hours passed with strong support 39-11… (more)
Chicago acutally signed a 75 year lease. They have another 71 years left. Will there even be cars 71 years from now?