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Emanuel moves to prevent repeat of infamous Chicago parking meter fiasco

Aug 17, 2015

Chicago parking meter deal an eternal lesson about bad public-private deals

It’s been a long time coming.

Those iconic song lyrics came to mind a couple weeks ago, when Mayor Emanuel finally introduced a much-anticipated ordinance designed to protect city residents and taxpayers from another privatization fiasco like the parking meter abomination.

The plan is a modified version of a 2012 proposal that languished in a City Council committee until this year, when the administration finally got serious about the issue.

To refresh your memory, the Daley administration sold the city’s parking meters to a private company in 2008 for more than a…

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