Local News

Parking mistake could cost Chicago taxpayers millions

Chicago taxpayers may have to pay $57.8 million in parking fees because of a mistake by city hall.

The Chicago Sun-Times reports an independent panel of arbitrators ruled last month that former Mayor Richard Daley’s administration violated the terms of an agreement with Chicago Loop Parking, LLC.

The company runs four city-owned, downtown parking garages.

The company filed a lawsuit after the Daley administration allowed a competing garage to open in the Aqua building at 225 N. Columbus Drive.  The new garage was a block from Chicago Loop Parking’s nearest garage.

Mayor Rahm Emanuel has 60-days to appeal the decision.

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3 Comments to “Parking mistake could cost Chicago taxpayers millions”

    Nunnya Bizniss said:
    March 21, 2013 at 10:28 AM

    Yet another example of King Richard's criminal enterprise goes on.

    guest said:
    March 21, 2013 at 7:23 PM

    so where all the people at who likes to talk bad about thinngs going on in chicago?? O bcuz it was a former mayor we dont want to discuss his f u k u p

    Leroy Mccloud said:
    March 22, 2013 at 6:24 PM

    Chicago taxpayers may have to pay $57.8 million are you's for real it about time whomever voted for this parking mess get there head out of there ass and the people that didn't take care of the tax payer, divide 57.8 million by who voted for this and problem solved, people wake we got to get rid of these losers in city hall

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