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Cincinnati voters will get to decide whether the City will be able to lease out the City’s parking concession. City leaders claim that part of the $92 million down payment will prevent police and fire layoff that will now occur in June due to the delay for the vote. The lease is set to run… Read More »
The City of Cincinnati, for budget reasons, has has voted to enter into a lease for the City’s parking rights. The lease would net the City $92,000,000 up front and $3,000,000 a year for 50 years. Parking rates will surely rise. A Judge has issued an order preventing the lease from being signed while petitions are circulated to… Read More »