You are incorrect on a couple key points. The contract actually has 3 or 4 price increases built into the lease over its time. The company (Chicago Parking Meters) does not have the power to just raise them "whenever they want."
Also, you talk about police writing tickets - ALL citation revenue still goes to the Chicago Dept of Revenue.
Horrible deal for the citizens, but many are confused on the exact details.
@optionsupdate Obama hired Richard Daley's brother, Bill Daley, to be his Chief of Staff. Bill Daley worked for, of course, J.P. Morgan Chase...so you can best believe that bankers knew that once he became Chief of Staff their interests would be totally protected...and so far they have.
In New Zealand the sidewalks(footpaths) and parks are called Council Property NOT public property
NYWAORCANZ 1 month ago
Parking rates have quadrupled already...and we stated that parking revenue goes to the corporation. Citation revenue is citation revenue.
Horrible deal for the citizens...
thenakedemperor 2 months ago
Hi,
You are incorrect on a couple key points. The contract actually has 3 or 4 price increases built into the lease over its time. The company (Chicago Parking Meters) does not have the power to just raise them "whenever they want."
Also, you talk about police writing tickets - ALL citation revenue still goes to the Chicago Dept of Revenue.
Horrible deal for the citizens, but many are confused on the exact details.
mdigital21 2 months ago
did obama hire someone called daley
optionsupdate 2 months ago in playlist Uploaded videos
@optionsupdate Obama hired Richard Daley's brother, Bill Daley, to be his Chief of Staff. Bill Daley worked for, of course, J.P. Morgan Chase...so you can best believe that bankers knew that once he became Chief of Staff their interests would be totally protected...and so far they have.
thenakedemperor 2 months ago