To be fair, the parking deal was made by Daley in 2008. This rate increase is part of the '08 privatization agreement.
daley rahm, all part of the rat slush fund
The rats sold the rights to the revenue from parking to a private company. I believe it was an Australian firm for 100’s of millions and promptly spent all that money on the union thugs that own the city.
They also sold the Chicago Skyway and used up that money too.