Monday, May 7, 2012

Analysis: Bad Skips Worse, Goes Directly To Disaster When It Comes To Parking Meter Lease Deal

Take a look at this article from the expired meter. If these numbers are true (believable on the surface) each active councilperson who signed this bill should be forced to vacate office.

City Will Repay Meter Company Entire $1.16 Billion By Lease End

 Told ya so.

When the Chicago parking meter lease deal was being jammed through the Chicago City Council in just over 36 hours in December, 2008 The Expired Meter warned how bad the deal was.
Certain provisions within the nearly one inch thick parking meter lease contract leaped out at people who actually read the document–provisions that could and would spell trouble down the road. Article continues here.

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