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Category Archives: Parking Meter Lease Deal

Chicago Tribune Rehashes Website’s Reporting On Savings From Revised Meter Lease Deal

meterfail600In an awesome job of re-reporting a story reported by The Expired Meter two months ago, the Chicago Tribune recently published a piece breaking down numbers which shows the city is paying less to Chicago Parking Meters, LLC than it had previously.

Again, as originally reported back in May, Mayor Rahm Emanuel’s administration renegotiated the much criticized parking meter lease deal signed by Mayor Richard Daley in 2008. Under the revised deal, numbers seem to indicate that payments made to CPM for temporary meter closures, metered spaces taken out of service and other events reducing the value of the metered parking system have been drastically reduced.

Bills which topped $53 million in one year, are now just over $6 million a year.

Appellate Court Upholds Chicago’s Parking Meter Lease Deal

meter-fail-2After fighting a five-year uphill legal battle, a state appellate court has upheld the legality of Chicago’s infamous parking meter lease deal according to the Chicago Reader.

The lawsuit, filed by attorney Clint Krislov on behalf of the IVI-IPO, challenged the state constitutionality of the 2008 deal.

Krislov main argument was that the “True-up” payments the city has to pay Chicago Parking Meters, LLC, any time the city has to make changes to the public way that affects meter revenue is a de facto surrender of the city’s police powers.

But, despite the judge’s sympathy with Krislov on how bad the deal is for the city, they say that’s not enough to reverse the deal.

The Reader quotes the June 20th decision which says:

Professor Discovers Even More Problems With Parking Meter Deal

An old school parking meter from before the notorious Chicago parking meter lease came into being in 2008 adds its two cents.

An old school parking meter from before the notorious Chicago parking meter lease came into being in 2008 adds its two cents on the issue.

It’s hard to believe the infamous 2008 parking meter lease deal could continue to become an even larger failure than it already is. However, according to a local academic the meter deal continues to surpass everyone’s expectations of what’s already considered a fiasco.

Roosevelt University professor of sociology Stephanie Farmer was curious to know how the meter lease deal affected what she termed “street-level planning”, so she interviewed local transportation planners.

Farmer recently published some of her findings at Next City and what her research indicates is that the meter lease deal is making it difficult and potentially very expensive for Chicago to make significant changes and/or improvements to city streets.

Parking Meter Deal Revisions Saving City Tens of Millions of Dollars: City

Parking Meter taxesMayor Rahm Emanuel’s revision of the controversial parking meter deal is saving the city tens of millions of dollars, figures released by the mayor’s office show.

Meanwhile, a change in state law that greatly limited which disabled drivers can park for free at the meters could also save the city a bundle, city officials say.

According to data based on audited financial statements filed by Chicago Parking Meters late last week, the amount of money the city must pay the meter operator when meters are taken out of commission — known as “true up” payments — has dropped dramatically since the revised deal went into effect last June.

Since that time, the city paid CPM $6.6 million in “true up” payments, or an average of $1.65 million per quarter.

In the five quarters preceding the revised deal, the payments averaged $10.2 million per quarter.

Read more at DNA Info Chicago.

Gapers Block Op-Ed Piece Goes After Parking Meter Deal Remix

An old school parking meter from before the notorious Chicago parking meter lease came into being in 2008 adds its two cents.

An old school parking meter from before the notorious Chicago parking meter lease came into being in 2008 adds its two cents.

With a handful of aldermen finally getting their wish to bring back paid metered parking on Sundays to retail districts in their wards, Gapers Block has an op-ed piece strongly critical of Mayor Rahm Emanuel’s remix of the parking meter lease deal.

Writer Rachel Anspach goes after all the usual suspects of unpopular changes in last year’s revision of the much hated deal including the extended enforcement hours and free Sunday parking.

But she also hectors the mayor about his reluctance to join either of the two lawsuits filed against the meter lease deal which are slowly winding their way through the courts.

Mayor Introduces Ordinance To Restore Some Paid Sunday Meters

But Alderman Michele Smith Changes Position To Keep Free Sundays Meters In Most Of Lincoln Park.

Business owners in Lincoln Park want paid metered parking reinstated on Sundays in their neighborhood.

Paid Sunday metered parking will likely be returning to some neighborhoods, but only portions of Lincoln Park.

Nearly a year after Mayor Rahm Emanuel promised some neighborhoods could keep paid Sunday parking meters, he introduced an ordinance at Wednesday’s City Council meeting that would do just that.

Portions of neighborhoods like Bucktown, Lakeview, Wrigleyville, and Jefferson Park will be seeing a switch back to paid Sunday metered parking perhaps as soon as May. The proposed ordinance needs to make it out of the Committee on Pedestrian and Traffic Safety and into the full council for a vote.

There are a few minor changes to times of metered parking on Sundays which would have meters operating from 10 AM until 8 PM. In addition, metered areas which wraparound from a commercial street onto a residential street will still remain free.

But the ordinance seems a long time coming. This time last year, Emanuel was pressing City Council members to accept his renegotiated parking meter lease deal to give the city the ability to control costs from streets closures and other issues which allowed Chicago Parking Meters, LLC to bill the city millions of dollars for lost revenue.

Mayor Claims Meter Deal Remix Showing Savings For Drivers

Ald. Waguespack Slams Report As ‘Flawed & Misleading’

meterfail600Drivers are benefiting from free Sunday parking–one of the major changes contained within the renegotiated parking meter lease pushed by Mayor Rahm Emanuel last year.

But Alderman Scott Waguespack (32nd), the meter lease deal’s most vocal critic, says Mayor Emanuel’s analysis is “flawed and misleading”.

The Mayor’s press release touts a study which says drivers saved $8.7 million from parking for free at parking meters on Sundays while revenues from extended evening hours at meters have resulted in just $6.6 million–about $800,000 less than expected.

This translates into a net savings for drivers of $2.1 million according to the Mayor’s Office.

“This is a bad deal that we couldn’t make go away, but we did make it a little less bad for the next 70 years while adding some breaks for Chicagoans along the way,” Mayor Emanuel said in a press release issued Wednesday morning.

CBS 2: Many Parking Meter Payboxes Still Snowbound

How can you pay to park in a metered parking spot if you can’t get to the pay box due to the snow?

That’s the question CBS 2′s Jay Levine asks.

Parking Meter Company Enforcement Crews Writing Millions Of Dollars In Tickets Every Year

An enforcement vehicle for CPM sits parked at a parking meter in the Wicker Park neighborhood.

An enforcement vehicle for CPM sits parked at a parking meter in the Wicker Park neighborhood.

For the past few years, city parking meter enforcement crews have had a private team of ticket writers helping them do their jobs — and helping fill the city’s coffers with millions of dollars in additional revenues.

The team actually works for Chicago Parking Meters LLC, the private company that took over control of the city’s 36,000 metered-parking spaces in the infamous 75-year deal that jacked up parking rates and lengthened the hours of enforcement all over the city.

But part of the deal the company made with the city gave it the right to help enforce the meters — by writing more tickets than the cash-strapped city’s own parking enforcers could do otherwise.

In fact, the company has very quietly issued hundreds of thousands of tickets for expired meter violations since 2010, city parking data obtained through a Freedom of Information request shows.

Meter teams working for Chicago Parking Meters now write nearly one-third of all tickets issued citywide for expired meter violations, the data shows.

Read more at DNA Info Chicago.

Mayor’s Sunday Parking Meter Promise Still Remains Unkept

Corporation Counsel Stephen Patton and Mayor Rahm Emanuel listen to aldermen debate the renegotiated parking meter lease deal this past spring.

Corporation Counsel Stephen Patton and Mayor Rahm Emanuel listen to aldermen debate the renegotiated parking meter lease deal this past spring.

Six months after the City Council passed a renegotiated parking meter lease, business leaders and aldermen in some wards say free Sunday parking has led to low meter turnover — which means fewer customers are able to park and shop in the neighborhoods.

Kevin Vaughn, owner of a handful of restaurants and bars, including Lakeview’s Mystic Celt and Vaughn’s Pub, said he was trying to find parking outside one of his businesses early Sunday morning and most of the metered spots were filled — a problem that began after free Sunday parking began.

“Eighty percent of the spots were filled at 8 a.m.,” Vaughn said. “In Lakeview, Sunday is the second busiest commercial business day of the week. Ultimately [free metered parking] is bad for business.”

The revised agreement with Chicago Parking Meters LLC made changes that the Emanuel administration said give the city more control over the meter system than the original agreement, and free Sunday parking was one major change Emanuel wanted to see in the new deal.

But that didn’t sit well with a handful of City Council members.

Read more at DNA Info.