Tag Archives: Parking Meter Lease Deal
A recent flier from Mayor Rahm Emanuel’s election campaign is attacking Ald. Bob Fioretti for his votes on the parking meter lease deal.
Back in 2008, Ald. Fioretti voted for the former Mayor Richard Daley’s infamous parking meter lease deal–an agreement that sold the city’s metered parking spaces for a fraction of their worth.
It was a vote he regretted and which inspired him to vote against a revision of the meter deal that Emanuel pushed in 2013. The revised deal did get Chicago Parking Meters, LLC to drop tens of millions of dollars in claims against the city. But in return, Emanuel allowed most metered spaces to extend enforcement hours until 10PM–a two hour increase, and meters in River North to be fed until midnight.
But now, according to the Chicago Reader, a mailer attacks Fioretti for both his original vote for the meter deal and now his vote against the revisions.
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.
Drivers in the northwest side 45th Ward will continue to park for free at meters on Sundays as Ald. John Arena (45th) has withdrawn his request to bring back paid meters on that day according to DNA Info.
Originally, Arena was one of the small band of rabble rousing aldermen who wanted to restore paid metered parking on Sundays to retail areas of their wards.
Arena had said that drivers were parking in premium spots in or around the Six Corners neighborhood where Irving Park, Cicero and Milwaukee intersect and preventing shoppers from patronizing area businesses.
But now he’s withdrawn his request for paid Sunday meters because he couldn’t get the 25 cents per hour reduction in meter rates in he wanted in his ward for every day of the week.
Here’s a rundown of some of the questions and answers on this new fangled parking meter mobile payment app called ParkChicago.
Q: How does ParkChicago work?
A: Check out the video above for the general lowdown on this new payment method.
But generally, it’s like IPASS for metered parking. You resister an account, give them credit card info, add $20 to your account and you’re ready to go.
When you want to park you logon, type in the meter box number on the sign and your license plate number and you’re paid up and ready to park.
Q: Where can I download the ParkChicago app?
But Alderman Michele Smith Changes Position To Keep Free Sundays Meters In Most 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.
A parking meter vandalism spree has erupted on the city’s North Side five years after Chicago’s parking meter system officially transferred into the private control of Chicago Parking Meters, LLC which spurred a similar rash of meter vandalism back in 2009.
The Chicago Police Department reported Thursday at least 13 pay boxes were damaged using a heavy blunt object or tool in the Lakeview, Wicker Park, West Town and Andersonville neighborhoods. The damage has been severe enough to disable the units from working properly.
Back in March of 2009, in what seemed to be an angry reaction to a highly unpopular parking meter lease deal, which caused parking meter rates to quadruple, parking meters across the city were smashed, spray painted and lit on fire.
In the subsequent five years traditional single head parking meters were replaced by multi-space parking meter pay boxes and the mood of drivers cooled. But apparently some motorists may still be harboring frustration with the hated deal and parking meter rates which rank as the highest in the nation.
After nearly a year of dragging his feet, Chicago Mayor Rahm Emanuel has finally relented to begin the process of restoring paid parking meters on Sundays in a small number of North Side wards.
On Monday, responding to the frustration of the Lincoln Park Chamber of Commerce and their constituent businesses with the city’s slow response to restore paid Sunday parking in their area, a city spokesperson has announced Mayor Emanuel is allowing his free Sunday meter policy to change in certain neighborhoods.
“While we believe the vast majority of Chicagoans are pleased with free Sunday parking in neighborhoods that the Mayor was able to provide with the renegotiated parking agreement, we understand that three out of 50 aldermen prefer to restore paid Sundays in certain areas where the businesses/residents support it,” said Department of Finance spokesperson Kelley Quinn. “To that end, as promised, we intend to introduce an ordinance in April that will combine the requests of the few aldermen who requested paid Sundays be restored.”
Ald. Waguespack Slams Report As ‘Flawed & Misleading’
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.
A report by WGN TV News spotlights one of the problems with Mayor Emanual’s free parking at meters on Sundays.
Business owners on the North Side are saying the free Sunday meters is affecting their bottom line due to the lack of turnover in the metered spaces. Some say business is down 10-20% on Sundays.
The owners argue some motorists park their car in a spot Saturday night and don’t move it until Monday morning–making it impossible for potential customers to shop in high density retail areas in Lincoln Park, Lakeview, Wicker Park and others.
The Mayor’s office told WGN TV that decisions will be made in the next few weeks.
Here’s WGN TV’s full story, “Free Sunday Parking: Good for drivers, Bad for business.”
On the coldest day of the winter, this parking meter pay box in the 1600 block of W. North Avenue seems to be bundle up for protection from the arctic temperatures early this week.
In reality, construction work was being done on a new school and this section of metered parking spaces were temporarily closed to allow large trucks to park and perform some work.