Chicago’s parking meter saga from 2008 is back in the spotlight as 21 aldermen demand full transparency before approving a proposed deal to transfer the billion-dollar contract to a new company. Critics call the original sale one of the city’s worst financial moves, and drivers still feel the impact—even without paying meters directly. Aldermen fear history is repeating itself, accusing the mayor’s office of rushing decisions while hiding details behind questionable non-disclosure agreements. The mayor insists no such agreements exist and that June 30 is just a reporting date, not a deadline. With a vote looming next week, the city council is split—desperate for clarity before signing off on what could be another costly misstep.
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