Response to "Company Piles Up Profits From City's Parking Meter Deal"

by GENE SAFFOLD | Dec 18, 2009

NOTE: This letter is a response to Dan Mihalopoulos’ November 20th story about the private owners of Chicago’s parking meters Dear Mr. O’Shea: Earlier this year, Chicago Parking Meters, LLC (CPM) paid the City of Chicago $1.156 billion for the right to operate and collect parking meters for the next 75 years – an amount