Chicago Parking Meter Rates To Rise In 2012

12/23/2011 12:31 pm ET

Starting Jan. 1, 2012, Chicago parking meters are facing rate increases between 25 and 50 cents citywide.

The rate adjustments will begin in the Loop, where it will now cost $5.75 per hour to park between 8 a.m. and 9 p.m., ABC Chicago reports. In the surrounding central business district, parking will cost $3.50 an hour, and in the rest of the city the rate will be $1.75 per hour.

"As the rate transition moves forward, the parking public is only responsible for paying the posted rate on the meters," Chicago Parking Meters LLC said in a statement, NBC Chicago reports. "Accordingly, only the posted rates on each meter/pay box will be enforced."

The posted price adjustments are expected to be in effect citywide by the end of January, according to ABC.

For further information or to report a problem, call 877-242-7901 or visit the city's parking meter website.

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