Coverage dated September 29, 2026

City Council signs off on $2.5B parking meter sale — after making it a little better

Headline from Sun Times

Nearly twenty years ago, then-Mayor Richard M. Daley struck a deal that allowed him to avoid raising property taxes, but has come back to haunt him and Chicago ever since. On Tuesday, the City Council took a vote that made that lopsided agreement a little less onerous for Chicago taxpayers.

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  1. Sun Times

    City Council signs off on $2.5B parking meter sale — after making it a little better (opens Sun Times)

    Published

    Sun Times's feed description

    Nearly twenty years ago, then-Mayor Richard M. Daley struck a deal that allowed him to avoid raising property taxes, but has come back to haunt him and Chicago ever since. On Tuesday, the City Council took a vote that made that lopsided agreement a little less onerous for Chicago taxpayers.