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News Link • Corruption

Illinois Appeals Court Backs Chicago Parking Meter Lease

• The Newspaper
Taxpayers upset by rising parking meter rates in Chicago, Illinois failed Friday in their bid to overturn the 2008 deal that leased the city's parking meters to Chicago Parking Meters (CPM), a company run by Morgan Stanley, until the year 2083. The state Appellate Court held that the Independent Voters of Illinois Independent Precinct Organization made a good case that the deal was bad for the public, but that it is not the court's job to overturn questionable policy decisions....

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