Chicago Privatization

Alderman On Lease Of City Water System: 'There Is Something In The Works'

Chicago Tribune | Michael Hawthorne | Posted 11.16.2009 | Chicago

Read More: Privatization, Chicago Privatization, Chicago Water Privatization, Chicago Water Lease, Chicago Water Supply, Mayor Daley, Chicago News

Mayor Richard Daley says any part of city government is up for grabs if the price is right. But if he is tempted to dangle Chicago's vast water syste...

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City Council Clashes Over Parking Meter Deal, Passes Privatization Review

Chicago Sun-Times | Fran Spielman | Posted 07.04.2009 | Chicago

Read More: Chicago Parking Meters, Chicago Privatization, Daley Parking Meters, Chicago City Council, Chicago Parking Meter Deal, Chicago News

Under fire for giving quickie approval to the problem-plagued parking meter privatization that raised rates sky-high, the City Council agreed today to...

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Chastened Aldermen Want More Time To Review City Privatization Deals

Chicago Sun-Times | Fran Spielman | Posted 07.02.2009 | Chicago

Read More: Chicago Privatization, Chicago City Council, Chicago Parking Meter Deal, Chicago Parking Meter Privatization, Chicago News

Burned by the problem-plagued privatization of Chicago's 36,000 parking meters, aldermen moved Monday to slow down and shine the light on future asset...

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Remorseful Aldermen To City: Put All Privatization Deal Info Online

Chicago Tribune | Posted 06.13.2009 | Chicago

Read More: Manny Flores, Chicago Privatization, Rey Colon, Brendan Reilly, Chicago Parking Meter Deal, Mayor Daley, Chicago News

Three aldermen are calling on Mayor Richard Daley's administration to provide more information about the privatization of city assets such as the park...

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Chicago: The Privatized City of the Future

Michael Moreci | Posted 05.17.2009 | Chicago

Read More: Chicago Parking Meters, Chicago Privatization, Chicago Parking Meter Privatization, Chicago Parking Tickets, Privatization, Urban Policy, Chicago News
Michael Moreci

This is the dream of business-minded elected officials: Boatloads of cash come in and none goes out. As Chicago sells off more and more, they'll be required to do less and less.

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Daley Urges Obama To Lease Federal Assets

Chicago Sun-Times | Fran Spielman | Posted 02.22.2009 | Chicago

Read More: Chicago Privatization, Federal Privatization, Daley Obama, President Obama, Privatization, Mayor Daley, Obama Infrastructure Plan, Chicago News

Mayor Daley has already unloaded four of Chicago's most valuable assets for a $6 billion mountain of cash amid concern he is mortgaging the city's fut...

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The Parking Meter Deal: Right Idea, Wrong Reasons

David Hoyt | Posted 02.05.2009 | Chicago

Read More: Chicago Privatization, Congestion Costs, Congestion Pricing, Morgan Stanley Parking Meters, LAZ Parking, Privatization, Donald Shoup, Chicago Parking Meter Deal, Chicago Parking Meter Privatization, Chicago News
David Hoyt

What could be a long-term revenue generator for a city in budgetary crisis has been traded for a one-time fix in operating revenue.

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City Privatizing Parking Meters

Chicago Sun-Times | Fran Spielman | Posted 01.01.2009 | Chicago

Read More: Chicago Privatization, Chicago Parking Meter Bid, Private Parking Meters, Chicago Budget, Mayor Daley, Privatization, Chicago Parking Meters, Chicago Budget Deficit, Chicago Parking Meter Privatization, Chicago News

It looks like Mayor Daley's giant budget gamble has paid off -- and then some. On Monday, the city received what a top mayoral aide described as a "w...

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Midway Airport Privatized In $2.5 Billion Deal

Crain's Chicago Business | Paul Merrion | Posted 10.31.2008 | Chicago

Read More: Chicago Privatization, Air Travel, Midway Airport Privatization, Chicago Airports, Midway Aiport Deal, Midway Airport, Daley Midway Lease, Mayor Daley, Midway Investment and Development Corporation, Midway Privatized, Midway Leased, Privatized Airports, Chicago News

Mayor Richard Daley says the city has reached a landmark agreement to privatize Midway Airport for $2.521 billion. The deal will net the city more th...

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