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CHICAGO PARKING METERS SEE INCREASE IN 2013; HIGHEST IN THE NATION AT $6.50 PER HOUR

30 Dec

parking meterWe can all thank former Mayor Richard Daley for the change in parking meters before he left office.  It was one of his worst decisions during his stint as Chicago’s Mayor, along with the late night demolition of Meigs Field.  It was obvious the quick fix, leasing the meters to a private firm for 75 years for $1.15 Billion in 2008, would cost city residents dearly.  But many may be surprised at the speed of the increase and amount.

The city has officially earned a title Chicago residents are dreading…the most expensive parking meters in the nation.  Effective January 1, 2013, get ready to dish out even more when parking in the city; including the loop and area neighborhoods.

Parking meter rates in the loop will increase to a whopping $6.50 per hour (up 75 cents), so you may want to ride the bus going forward.  It is an outrage that the Mayor sold us out for a one-time fix and the deficit was never even repaired.

Where did all that money go?  Why do we continue to suffer?

READ FULL STORY via 2012 CHICAGO PARKING METERS SEE INCREASE IN THE NEW YEAR; HIGHEST IN THE NATION AT $6.50 PER HOUR.

 
1 Comment

Posted by on December 30, 2012 in CHICAGO NEWS

 

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One response to “CHICAGO PARKING METERS SEE INCREASE IN 2013; HIGHEST IN THE NATION AT $6.50 PER HOUR

  1. Tom Nefeldt

    December 30, 2012 at 3:47 pm

    Next they’ll charge CTA riders for standing at the bus stops. Being 99% of the time I do take CTA to get downtown, it won’t hit me. BUT some people HAVE to drive, this is sinful… as was the destruction of Meigs. Here’s a bit of trivia for you! The default (as the “game” starts) airport on Microsoft’s ever popular “Flight Simulator” was Meigs Field, that is no longer the case, and those past editions are now collector’s items.

     

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