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Chicago to Auction Parking Off
September 3, 2008
I appreciate that cities are always looking for ways to make more money but this crazy idea out of Chicago frankly floors me. The city expects to earn over a billion dollars by auctioning off a 50 year concession on their ENTIRE parking system! The winning bidder, 'will be required to install state-of-the-art parking meters that monitor parking space availability and adjust rates to ensure an open space on each ...
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