Get your change out, Chicago parking meter rates to go up again
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CHICAGO Parking meter rates in the city of Chicago are expected to jump up to 25 percent Jan. 1.
Nearly a year ago, the Chicago City Council approved a parking meter lease deal with a company now called Chicago Parking Meters, LLC.
The $1.16 billion, 75-year lease allowed for rate increases through 2013.
In 2009, meters that were 25 cents an hour went up to $1 per hour, meters that were 50 cents an hour rose to $2 per hour and downtown meters went up 50 cents from $3 per hour to $3.50 per hour.
Planned 2010 rate increases
$1.00/hour to $1.25/hour
$2.00/hour to $2.50/hour
$3.50/hour to $4.25/hour
Source: www.chicagonow.com.
Nov 8, 2009 at 12:36 p.m.
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Why is this a Walworth County concern?
Nov 6, 2009 at 10:36 p.m.
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I guess a filler story was needed for this page. :)
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