More details of Mayor Emanuel’s parking meter bargain are starting to emerge.
According to Crain’s, the City of Chicago will regain control of 16 parking lots, and will have the option of closing the lots for street festivals and farmer’s markets.
In return, the private operator Chicago Parking Meters LLC, will take control of another 900 metered parking spaces on the near North Side.
Users of those spaces will have to pay through midnight instead of 9 p.m.
Sunday parking won’t be free in that area.