Parking Meter Rates Aren't Up Yet - NBC Chicago

Parking Meter Rates Aren't Up Yet

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    Parking Meter Rates Aren't Up Yet
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    Chicago drivers have gotten a temporary reprieve from rising parking meter prices.

    Scrounging around for good news? Here's a piece, and you can thank the lawyers.

    Chicago drivers haven't been hit with higher parking meter rates yet, because the deal to privatize the parking meter system to the new lessee, Chicago Parking Meter, LLC, has not closed yet.

    The Chicago Huffington Post reported that, while it  only took 72 hours for the City Council to pass an ordinance privatizing Chicago's parking meters on Dec. 5, 2008, it's taking considerably longer to pound out the deal.

    Read more from Huffington here.