This brings to mind the brilliant strategy by the city of Chicago to privatize their parking meters. Private investors, including some from Abu Dhabi, have already recouped their $1.16 billion investment and made half a billion profit with 61 years to go on their 75-year lease.
fascinating . . . I do wish coins were more prevalent; just do not like ParkMobile type apps. just where do you get your ideas . . . who would think--an article on the parking meter and all the interesting background.
This brings to mind the brilliant strategy by the city of Chicago to privatize their parking meters. Private investors, including some from Abu Dhabi, have already recouped their $1.16 billion investment and made half a billion profit with 61 years to go on their 75-year lease.
fascinating . . . I do wish coins were more prevalent; just do not like ParkMobile type apps. just where do you get your ideas . . . who would think--an article on the parking meter and all the interesting background.
I sure did not have to worry about competing parking meter columns!