4:32 AM CST, January 2, 2012
Chicago parking meter rates are going up again.
Under the city's 75-year concession agreement with Chicago Parking Meters LLC, street-metered rates are set to increase in 2012.
In the Loop, bordered by Lake Michigan, Wacker Drive and Congress Parkway, rates will rise to $5.75 per hour between 9 p.m. and 8 a.m. from $5.
Outside the Central Business District, in the area bordered by Lake Michigan, North Avenue, Halsted Street and Roosevelt Road, rates will rise 50 cents to $3.50 per hour. Everywhere else will see a 25-cent bump to $1.75 per hour.
The transition begins in the Loop on Jan. 2 and moves outward to the rest of the city by the end of January.
"As the rate transition moves forward, the parking public is only responsible for paying the posted rate on the meters. Accordingly, only the posted rates on each meter/pay box will be enforced," according to a statement by Chicago Parking Meters LLC.
Problems can be reported by calling 877-242-7901 or online to chicagometers.com.
It will also cost $2 more a day to park in Chicago garages and lots during the week. Weekly and monthly parkers also will pay more.
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