The Chicago City Council voted to approve a $15.5 million settlement with a parking meter company after years of legal disputes. City officials said the payout is much less than the amount the ...

As part of a settlement with the company that controls Chicago’s parking meters, taxpayers will be footing the bill for the city to hire more enforcement agents to ticket motorists parking ...

The deal settles three claims from CPM — the company set to profit billions from leasing the meter system for 75 years — that were sparked by pandemic-era maneuvers by former Mayor Lori Lightfoot.

Sun-Times file Share The 75-year, $1.16 billion deal that privatized Chicago parking meters was so lopsided in favor of private investors that a $15.5 million settlement to resolve their most ...

Among the settlements is a $15.5 million payment to Chicago Parking Meters, LLC to settle three yearslong disputes. The company bought the city's parking meters for $1.16 billion under former ...

With its current requirements around building parking on new housing, Chicago is introducing costly, unnecessary challenges for new modestly-sized apartments. Fortunately, this problem has begun ...

Three major changes are being implemented. One of the first changes is the expansion of parking meter zones. Zone 1 will add new spaces and extend outward by one block, said a city spokesperson.

The most controversial, but not the largest of the seven settlements, goes to private investors from as far away as Abu Dhabi who spent $1.16 billion to lease Chicago parking meters in exchange ...

Yordan Alvarez was hitting off the machine and running the bases before Friday's game against the Seattle Mariners.

The Town of Basalt is introducing new enforcement measures for its long-standing two-hour parking zones downtown with the aim of encouraging turnover, supporting local businesses, and promoting ...

Subscriptions cover Silicon Oasis, Karama and more – find out the prices and how to apply Dubai’s public parking operator now offers flexible parking subscription plans for busy residents and ...

Earlier in the meeting, the council approved a $15.5 million payout to Chicago Parking Meters LLC, the company that holds a monopoly on the city’s parking meter system, to settle disputes ...