Parking meter compromise is a better deal for Chicago taxpayers, top mayoral aide says
A $75 million transfer fee and future profit-sharing agreement brokered by City Council leaders sweetens a proposed parking meter ownership transfer deal in a way that nobody thought was possible, a top mayoral aide said Thursday.Senior mayoral adviser Jason Lee stopped short of urging the City Council to approve the $2.53 billion bid by New York investment firm Stonepeak Partners to acquire Chicago’s metered parking system for the 57 years that remain on the widely despised privatization deal…
READ NEXT
More on the wire
FROM THE PUBLISHER
DEAR ABBY: A dear friend of 10 years experienced a severe mental health crisis. I did my best to reach out to her, but she pushed me away and flaked on plans and important events at the last minute at least a dozen times. Once her mental health began to improve, I approached her and told her I understood her behavior had been largely out of her control, but it still hurt when she pushed me away and canceled at the last minute for meaningful events in my life. She apologized, I accepted, and I…
FROM THE PUBLISHER
The only hint that Highland Park attorney Mark Josephson played a significant role in the history of Chicago's rap scene is the password he chose for his home Wi-Fi network — a lyric from a Public Enemy song.In 1986, he was a University of Chicago student majoring in Near Eastern languages and and civilizations when he started spinning records at the university's radio station WHPK-FM 88.5 under the name DJ Ice Box.He was one in a trio of volunteer student DJs — all of them white — who rotated…
FROM THE PUBLISHER
Like nearly 40 million other Americans, I'm a Head Start alumna. For my parents, childcare was an expensive proposition, so while my veteran father enrolled in community college, he enrolled me in childcare. It was my earliest community, a place where first friendships were formed, self-awareness was cultivated and curiosity was exponential.For over 60 years, Head Start has been the great equalizer, a pathway out of poverty that understands a child's early education, health and economic…