Chicago Mayor Considers Costly Buyout of Parking Meters

Chicago parking meter deal: City's meters sold to another private company, Mayor Johnson says

Who owns Chicago's parking meters? The city's meters have been sold to another private company, Mayor Brandon Johnson says.

Unwilling to make 'a bad deal even worse,' Mayor Johnson drops out of competition to buy back parking meters

After submitting an undisclosed bid, Mayor Brandon Johnson quickly learned that the asking price would have been at least triple the $1.15 billion that Chicago received from the 75-year lease in 2008. The leveraged buy-out would have required the City Council to "raise parking rates year after year," the mayor said.

Mayor Johnson backs away from $3B-plus plan to undo parking meter deal

Chicago is not buying back its parking meters, but a change in ownership is likely

Chicago Mayor Brandon Johnson said the city is not, in fact, going to buy back the 36,000 parking meters it sold to a private company 18 years ago.

Chicago parking meters, CPD officer shooting

Can Chicago buy back its parking meter system? An expert breaks down President Trump's obsession with Greenland. And new details on the events that led to the fatal shooting of CPD Ofc. Krystal Rivera by her fellow officer.

Chicago parking meters up for sale, but Johnson urged to proceed carefully on potential buy-back – Chicago Sun-Times

Based on “previous missteps,” Ald. Bill Conway said he has “little trust” that the mayor’s office can “put together a good deal,” let alone “provide the collaboration necessary” to get an acquisition agreement through the City Council on the heels of the budget stalemate. “Look at how hard they tried to get together a city-run grocery store, and they couldn’t seem to pull it off,” Conway said. “And now, you’re talking about a multi-billion-dolla…