Friday, February 13, 2009

This is About the Money

  • Meter rates are going up in the Loop Friday and in other parts of the city later this month, as part of the city’s $1.15 billion agreement to privatize its meter system.

    [...] On Friday, meter costs in the Loop will increase to $3.50 an hour from $3 an hour.

Here's the thing that amazes us:
  • The city is getting $1.15 billion to outsource meter management over the next 75 years to Chicago Parking Meters LLC.
What are the odds that there was a company named "Chicago Parking Meters LLC" out there just waiting for the opportunity to bid on the outsourcing of Chicago's parking meters? This wouldn't be another one of those companies that suddenly springs into being with assorted City Hall flunkies, politicos, relatives and former lobbyists in "sensitive" spots backed by an overseas banking consortium with $1.15 billion lying around, would it?

And what about the statements that feeding the meters is now a 24/7/365 requirement? Has anyone looked at just how much overnight parking has been wiped off the map in a number of high population density wards? We're talking miles worth of parking gone. What if the "Chicago Parking Meter LLC" people push through (or already have) a stipulation that they can field manpower to ticket on "their" meters in order to "maximize" their investment? As we pointed out in the previous post, CTA supervisors are ticketing Rush Hour parking on a holiday. Has anyone even addressed this issue?

We sense a disturbance brewing. And it's going to involve a blizzard of "Damage to Property" case reports involving "Chicago Parking Meter LLC" listed as "Victim."

Labels:

57 Comments:

Anonymous Anonymous said...

I forsee a quasi-govemental agency in its infancy here. The LLC will expand to the management of the pounds and handle towing duties ((i.e. PPA) Philidelphia Parking Authority)

How long till this happens?

Wait for an A&E reality show to happen like "Parking Wars".

Still just dont understand how if the city has leased out a few things to the tune of 5 billion or so...why can we get a raise and a contract and a pension fund that is healthy and funded???

OHHHHH Chicago 2016..........

2/13/2009 01:07:00 AM  
Anonymous Anonymous said...

SCC Said:

We sense a disturbance brewing. And it's going to involve a blizzard of "Damage to Property" case reports involving "Chicago Parking Meter LLC" listed as "Victim."

___________________________________


As stated here before, in London, gangs of 'hooligans' roamed the city destroying or painting the red light cameras making them inoperable. The citizenry will not accept this wallet f*cking for long before they rise up in revolt against the Daley Crime Family !

2/13/2009 01:37:00 AM  
Anonymous Anonymous said...

I shop. I admit it. I shop.

Woodfield has a well-plowed, free parking lot.
North Riverside has one, too.
Those discount malls just over the state line? Biiiiiiiiiig, free parking lots and even lower sales taxes.

Now, really. Why would I drive downtown, pay a ridiculous parking lot or meter fee, in order to pay the additional LOOP sales tax (you DO know it's higher in the loop, don't you?), when I can go spend my money and fill up my trunk and back seat with a bunch of stuff I need (and lots of bottled water) someplace ELSE? Someplace that actually VALUES me as a customer!

Daley doesn't value anything but tourists. He doesn't value the city workforce, he doesn't value our fallen officers, he doesn't value the English language (clearly), he doesn't value deadlines for free Federal money, he doesn't value basic ethical behavior... So, I go elsewhere. He sold everything, and in the process, he sold me out. And all the rest of you, too.

2/13/2009 01:57:00 AM  
Anonymous Anonymous said...

"This wouldn't be another one of those companies that suddenly springs into being with assorted City Hall flunkies, politicos, relatives and former lobbyists in "sensitive" spots backed by an overseas banking consortium with $1.15 billion lying around, would it?"

The Daley Crime Family strikes again..... :D

2/13/2009 01:58:00 AM  
Anonymous Anonymous said...

Tons of residents in Rogers Park use: the lake, clark st, devon, sheridan. In Wrigleyville clark, Irving, etc all across the city workers use the meters to park at night, and on weekends people use them to hangout to visit people/friends and family in the city and use meters to park overnight. It keeps drunks off the roads, and brings some cash into the city shops and bars.

I hope these people vote, for a lot of alderman are going to lose elections if half the city can't park.

I don't know who reads this blog, but if alderman do, I say this "expect to start losing elections based on your voters and shop owners losing money based on 24hr meters"

2/13/2009 02:43:00 AM  
Anonymous Anonymous said...

1 of those companies sharing in this windfall is run by 1 of the daley clan. Look at the Readers account of the TIF program

2/13/2009 05:53:00 AM  
Anonymous Anonymous said...

Look t cyberdriveillinois.com and see the section on business look ups to see who really owns them :) Hey and they don't even have a city of Chicago business license. Whats up with that?

2/13/2009 06:12:00 AM  
Anonymous Anonymous said...

I hope this gets all the voters in Chicago to vote against Daley and the Alderidiots who voted for this deal in 2011.

That'll show 'em.

2/13/2009 06:48:00 AM  
Anonymous Anonymous said...

Now, correct me if I'm wrong, the HIGHEST Public Parking Rates [taxes] in the Nation, to go along with everything else. 3rd Most Miserable Place in the U.S. to live? How much worse can 1 & 2 really be?????????

2/13/2009 07:20:00 AM  
Anonymous Anonymous said...

The city is claiming to be broke when there is over 500 million in TIF slush funds that are property taxs that have been diverted by the mayor away from the citys general fund ( what is used to pay city employees) to special funds used to pay the mayors developer and contractor friends and fuel his olympic dreams.

2/13/2009 07:30:00 AM  
Anonymous Anonymous said...

http://www.chicagotribune.com/news/nationworld/chi-london-olympics2_feb13,0,1766408.story

Is it me or are these "olympic people" crazy? They are like crackheads. The olympic committee projects this grandiosity even though they know the olympics are not worth the prestige they market them for and the bidders know that they're going to lose big time money and have empty decaying venues that they can't maintain, sell or fill, but they want to host them anyway.

Oh, right, why should they? The taxpayers will take care of everything.

2/13/2009 07:46:00 AM  
Anonymous Anonymous said...

Meters were sold to Morgan Stanley real estate, a company who's major player is Bill Daley, the son of William Daley. Fellow senior executives claim that the mayor's nephew had nothing to do with the deal. Daley also claims that to. I believe them if they say so!!

2/13/2009 08:15:00 AM  
Anonymous Anonymous said...

What if the "Chicago Parking Meter LLC" people push through (or already have) a stipulation that they can field manpower to ticket on "their" meters in order to "maximize" their investment?
---------------------------------
just why would that be wrong? f someone is illegally parked, write them a ticket. who cares whether it is a city employee that does it or not. no different than the speeding and red light cameras.

2/13/2009 08:16:00 AM  
Blogger OLD*6970 said...

This comment has been removed by the author.

2/13/2009 08:20:00 AM  
Anonymous Anonymous said...

http://www.ilsos.gov/corporatellc/CorporateLlcController?command=mms&fileNbr=02729601&type=MBR

Looks like it's owned by Morgan Stanley, likely as a revenue stream for one of their mutual funds. The detail on their filing indicates it's a Delaware corporation, and checking with Delaware's division of corporations says it was incorporated in mid-November.

The LLC is outsourcing operation of the meters to LAZ parking, which is a national parking operator. If there are any locals involved, I'm not sure where to find them in either of these outfits.

2/13/2009 08:43:00 AM  
Anonymous Anonymous said...

As stated here before, in London, gangs of 'hooligans' roamed the city destroying or painting the red light cameras making them inoperable. The citizenry will not accept this wallet f*cking for long before they rise up in revolt against the Daley Crime Family !

2/13/2009 01:37:00 AM


Hmmmm, now THAT would be a good idea for gang initiation.

2/13/2009 08:59:00 AM  
Anonymous Anonymous said...

Daley doesn't value anything but tourists. He doesn't value the city workforce, he doesn't value our fallen officers, he doesn't value the English language (clearly), he doesn't value deadlines for free Federal money, he doesn't value basic ethical behavior... So, I go elsewhere. He sold everything, and in the process, he sold me out. And all the rest of you, too.

2/13/2009 01:57:00 AM

He's the KING. He doesn't have to.

2/13/2009 09:06:00 AM  
Anonymous Anonymous said...

Daley doesn't value anything but tourists. He doesn't value the city workforce, he doesn't value our fallen officers, he doesn't value the English language (clearly), he doesn't value deadlines for free Federal money, he doesn't value basic ethical behavior... So, I go elsewhere. He sold everything, and in the process, he sold me out. And all the rest of you, too.

2/13/2009 01:57:00 AM

Even tourists can recognized when they are being gouged. And NOBODY likes to be taken advantage of.

This place is going to look like a ghost town.

2/13/2009 09:08:00 AM  
Anonymous Anonymous said...

The center cannot hold.

2/13/2009 09:09:00 AM  
Anonymous Anonymous said...

Who will write these tickets? Where will the revenue from these tickets go? Are we to believe that the city agencies(police, revenue and now cta) will be working to build revenue for a private agency? I'm not a lawyer, law maker or politician but isn't using government agencies to make a profit for private companies illegal??? Can somebody please chime in on this. Also, if I have to pay a private agency to park on a public street why in the hell do I need a city sticker?

2/13/2009 09:19:00 AM  
Anonymous Anonymous said...

Did anyone listen to that moron,Toddler, on WLS this morning. I honestly think that he functions at a 5th grade level. He has no idea what he is doing.

CROOK COUNTY IS A JOKE!

2/13/2009 09:31:00 AM  
Anonymous Anonymous said...

"....who cares whether it is a city employee that does it or not. no different than the speeding and red light cameras.

2/13/2009 08:16:00 AM"



keep up the good work, bucko.

before you know it, you'll have convinced more than enough citizens to vote out every last incumbent cocksucker.

2/13/2009 09:32:00 AM  
Anonymous Anonymous said...

IT's time to "cool hand luke" these parking meters.

2/13/2009 09:32:00 AM  
Anonymous Anonymous said...

the city sells off the parking meters that are for public parking on public roads , sells the skyway paid for by public funds........and still they ask for bail out money ???
the feds should tax the city (since it's a corp) not give them money.

2/13/2009 10:11:00 AM  
Anonymous Anonymous said...

instead of feeding the meters quarters - feed them alittle great stuff expandable foam....cha-ching ! more jobs created - need people to fix or make new meters.
why didn't brobama think of that ?

2/13/2009 10:14:00 AM  
Anonymous Meter Feeder said...

So who writes and enforces the tickets? And if I don't pay them, can they, a private company, go after my driving priviliges?

2/13/2009 10:30:00 AM  
Anonymous Anonymous said...

That was like oily eddie burkes stupid idea! He wanted to cahrge trucks a "tax" to deliver downtown! No wonder shitcago is rated #3 worst cities with the idiots in charge we are working hard to be #1! Hey mayor shortshanks again and again why is your overpaid bodyguard deatil so huge? Why does eddie burke need so many drivers and valets? What about the treasurer? How come you have about 55 "front line" like enw unmarked cars at 51st and wentworth for your use and the use of your duly elected thieves? These cars should be put into circulation! Where are the tahoes any clue when we will get them? Or will the weak budget director tell j-fed he cancelled this contract like he did for the 195 crown vics? Patrick Fitzgerald is staying thank GOD, and we can only hope he indicts you and your 50 sheep! "Get on the bus assholes to prison you will go"! They we can rebuild this corrupt city, daley crime family will be gone we pray o LORD!

2/13/2009 10:36:00 AM  
Anonymous Anonymous said...

http://www.morganstanley.com/about/press/articles/045f9d28-c142-11dd-b3a2-8df06e0b6eda.html

2/13/2009 10:43:00 AM  
Anonymous Anonymous said...

http://www.parking-net.com/NewsItem-28352-Chicago-Parking-Meters--LLC-Selected-as-Winning-Bidder-for-the-Chicago-Metered-Parking-System.aspx

2/13/2009 10:44:00 AM  
Anonymous Anonymous said...

The citizenry will not accept this wallet f*cking for long before they rise up in revolt against the Daley Crime Family !

2/13/2009 01:37:00 AM


NO..... this citizenry will accept just about anything that comes its way... half doesnt work in the first place, the other is here illegally, the only ones who really care are city workers, who continually vote democratic..... no, Daley is firmly entrenched.

2/13/2009 10:51:00 AM  
Anonymous Anonymous said...

They go tnew meters all over the ghetto areas now too. 0008 has like hundred new ones in front of the station. What a fricking joke.

2/13/2009 11:03:00 AM  
Anonymous Anonymous said...

We sense a disturbance brewing. And it's going to involve a blizzard of "Damage to Property" case reports involving "Chicago Parking Meter LLC" listed as "Victim."

----

Yeah, you've got to wonder how many meters are going to get the Cool Hand Luke treatment.

"What we have here is a failure..."

2/13/2009 11:26:00 AM  
Anonymous Anonymous said...

how fast will those meters get filled?? how much change can they hold?? $10. in quarters is about a handful

2/13/2009 11:43:00 AM  
Anonymous Anonymous said...

1st CPS student of the year slain
February 13, 2009 11:33 AM | 3

A 16-year-old boy shot to death not far from his Southwest Side home Thursday was the first Chicago Public Schools student to be killed by gunfire in 2009, officials said this morning. Police sources said he apparently was not the intended target.

2/13/2009 11:52:00 AM  
Anonymous Anonymous said...

TO 2/13/09/ 0157AM. AMEN BROTHER I COULDN'T AGREE WITH YOU MORE. I DON'T EVEN SHOP IN CROOKED COUNTY. DAD LIVES IN NAPERVILLE, I VISIT ONCE A WEEK AND DO ALL MY SHOPPING ON THE RT 59 CORRIDOR. EVERY STORE AND REST. YOU COULD IMAGINE. THANKYOU NAPERVILLE, AURORA, PLAINFIELD AND YOU TOO OSWEGO KEEP UP THE GREAT WORK.

2/13/2009 12:00:00 PM  
Anonymous Anonymous said...

since meters are no longer ran by the city, can the city force you to pay the fines? You know how if you get a meter ticket, after a year or so you get the rude letter at work from the W/C saying pay up or they will take money out of your pay check AND suspend you for a day? Well, now wont the city have to stay out of it? It would become no different than a ticket for parking in the fire lane at the mall from mall security, correct? Then fuck it...ticket me all day long...not gonna pay it! To quote George H.W. bush NAH GAH DAIT!"

2/13/2009 12:44:00 PM  
Anonymous Anonymous said...

Look...Im not one way or the other as the Olympics are concerned... But we have no contract and an under funded pension so I understand the animosity... And the reality down the road may be a bigger debt, it may be a nice profit there really is no way to tell... But as for the here and now that does not matter. What matters is the 2016 Chair was just on TV saying that they have expert projections of a $5 billion profit. We could argue all day long whether or not that will come to fruition...again, that does not matter. What matters is our negotiators should be pouncing ALL over that! Chicago is the favorite and IF we get the olympics, the FOP can take that $5 billion expected profit, along with the billions in bailout dollars, along with the billions generated by skyway, meters, parking garages, and midway and SCREAM HOW THE FUCK ARE YOU CLAIMING TO BE BROKE??? Our negotiators can use the bid projections (and other mentioned revenues) against Daley and the city when it comes to arbitration and get us a better deal! Make the city out to be the greedy bastards! And especially if we get the olympics there would be NO WAY the city is broke! So lets put our hate for mayor douche bag aside and make this work for us!!

2/13/2009 01:08:00 PM  
Anonymous Anonymous said...

I hope these people vote, for a lot of alderman are going to lose elections if half the city can't park.




They are sheep and only exist to be fleeced.

2/13/2009 01:59:00 PM  
Anonymous fah que said...

Daleys new rule for all companies doing business with the city is to fill out CYOA Form # 1 befor they incorporate their sham corporation if anybody would like a little info on this e mail me at ohfahq@yahoo.com I will be happy to let you know how to operate a sham company (that is my real e mail address also)

2/13/2009 02:41:00 PM  
Anonymous Anonymous said...

So are they going to start giving meter tickets on Madison in 011 or do they still get a free pass?

2/13/2009 02:49:00 PM  
Anonymous Anonymous said...

a stipulation that they can field manpower to ticket on "their" meters in order to "maximize" their investment?

____________________

THE LCC DOES NOT GET TICKET REVENUE ONLY REVENUE GENERATED BY THE METER ITSELF !!!!!

2/13/2009 04:15:00 PM  
Anonymous Anonymous said...

I will never write a meter parking ticket..

2/13/2009 04:16:00 PM  
Anonymous Anonymous said...

Time to start writing tix around every church, park, playground, etc. Not for revenue, but to rile up the public.....let the Sunday revruns start calling city hall. I don't want to write tickets, but this is how to rile up the Mayo.

Imagine how much CRAP he'll have to listen to!!!!!

Maybe we should do it, just for a couple of Sundays...it'd be worth it!

2/13/2009 05:25:00 PM  
Anonymous Anonymous said...

better fix our fucked up pension with that 1 Billion

2/13/2009 06:06:00 PM  
Anonymous Anonymous said...

So lets put our hate for mayor douche bag aside and make this work for us!!

2/13/2009 01:08:00 PM
sorry...that was suppose to be $500 million not $5 billion my bad

2/13/2009 06:55:00 PM  
Anonymous Anonymous said...

Same reason they're getting on everyone in ocd to start seizing money just to help the city. FU.

2/13/2009 09:32:00 PM  
Anonymous Anonymous said...

Then fuck it...ticket me all day long...not gonna pay it! To quote George H.W. bush NAH GAH DAIT!"


To quote B.H Obama,"we straight".

2/13/2009 09:52:00 PM  
Anonymous Anonymous said...

o/t
Just to let you know, other city employees, such as streets N sanitation have been threatened with a 32 hour work week..... and possible loss of some full time benefits... This after they signed a ten year contract less than 6 months ago.......

2/13/2009 10:12:00 PM  
Anonymous Anonymous said...

Looks like it's owned by Morgan Stanley, likely as a revenue stream for one of their mutual funds.

--------------------------------
Can I put my deferred comp into Morgan Stanley and concentrate on witing parking tickets so their stock goes up? F the reccession!!

2/14/2009 01:19:00 AM  
Anonymous Anonymous said...

Nothing is going to change in this city or our country. People keep getting screwed and then there is a little bit of an outrage and then when it come election time, they keep voting for the same idiots again and again. What a freaking joke. I say people get the government they deserve! They keep voting for the same people and thus this is the end result.

2/14/2009 09:35:00 AM  
Anonymous Anonymous said...

Anonymous Anonymous said...

instead of feeding the meters quarters - feed them alittle great stuff expandable foam....cha-ching ! more jobs created - need people to fix or make new meters.
why didn't brobama think of that ?

2/13/2009 10:14:00 AM

I was shopping and saw a meter and it had the sealant/glue on the quarter slot. Also, some people in order to protest against this, they are putting their used bubble gum into the quarter slot. If more citizens act up then it will cost this company more money to maintain the meters than the revenue they collect (and thus a revenue loss).

2/14/2009 09:42:00 AM  
Anonymous Anonymous said...

It doesn't matter how much money Daley gets his filthy paws on, it will never be enough for him, as he is a greedy, maniacal, money and power addicted letch.

2/14/2009 12:42:00 PM  
Anonymous Anonymous said...

there will be BLOOD in the Streets of Chicago this Summer, as a Perfect Storm of Crime is arising, compliments of the Liberal, Commie, DemocRAT Crime Cabal.

2/14/2009 12:45:00 PM  
Anonymous Anonymous said...

Lets All Work Together to make Chicago a better place to live for all of us.

Your Mayor.

2/14/2009 03:16:00 PM  
Anonymous Anonymous said...

The city will still collect revenue from vehicles ticketed at expired meters, but the vendor will collect revenue from meters, city officials said.

http://www.suntimes.com/news/transportation/1428160,loop-parking-meter-rates-up-friday-021209.article

2/14/2009 08:38:00 PM  
Anonymous Anonymous said...

Joe Moore gets $110,556.00/year!

Aldermen & Staffs Buck National Trend

FedEx: -5 to -20%
Motorola: -25%
Morgan Stanley: -65% to -75%

Chicago Alderman: +6.2%!!
Aldermanic Staff: +5%!

Crisis? What crisis?

If you see your alderman or a staff person around the neighborhood, don't forget to congratulate them on their latest raise!

2/14/2009 09:27:00 PM  
Anonymous Anonymous said...

http://www.chicagobreakingnews.com/2009/02/tribune-exclusive-mass-transit-doomsday-looms-yet-again.html



So, free overnight parking spots are reduced by the tens of thousands and another public transportation budget 'crisis' follows.

Coincidence?

2/16/2009 02:31:00 AM  

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