Coverage dated September 29, 2026 to September 30, 2026
Chicago City Council approves new parking meter deal
Headline from WGN Chicago
CHICAGO — A multi-billion-dollar proposal involving Chicago’s often-panned parking meter deal was approved by the City Council on Tuesday. The City Council approved the measure in a 46-to-3 vote. The city will now transfer the remaining 57 years of its current parking meter deal to the private equit…
WGN Chicago's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
It was one of the most reviled deals in recent Chicago history, an iron-clad package put together by Mayor Richard M. Daley and rubber-stamped by the City Council that allowed the city to lease its parking meters to a private company in return for $1.15 billion.
Chicago alders are expected to take up a revised proposal Tuesday that could reshape the future of Chicago’s parking meter system. Chicago parking meter sale Stonepeak Partners, a New York-based firm, wants to buy out the remaining 57 years of the parking meter lease approved in 2008.
CHICAGO — A multi-billion-dollar proposal involving Chicago’s often-panned parking meter deal was approved by the City Council on Tuesday. The City Council approved the measure in a 46-to-3 vote. The city will now transfer the remaining 57 years of its current parking meter deal to the private equit…
Good morning, Chicago. ✶ 🔎 Below : Chicago's parking meters will change hands again — this time they were acquired by a New York investment firm. We take a look at what the new deal means for Chicagoans.
Chicago City Council approves new parking meter deal | Since Then