Breaking News Bar
updated: 10/15/2012 7:18 AM

Chicago mayor orders audit of parking meter deal

hello
Success - Article sent! close
 
Associated Press

Chicago Mayor Rahm Emanuel has ordered an independent audit of the city's 75-year, $1.15 billion parking meter deal.

In a news release Monday, Emanuel says he's ordering the audit to make sure that long-term contracts to manage the city's assets are being managed properly.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The audit will look at the agreement with Chicago Parking Meters LLC to make sure the company's revenue collections match the number of parking meters used around the city. The city says consultants will begin the audit in November.

Emanuel inherited the parking meter agreement, which the City Council approved under former Mayor Richard Daley in 2008.

Emanuel's office says the city also plans audits of the city's leases of the Chicago Skyway and lakefront parking garages.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here