Should Philadelphia sell its parking meters?

Source: Dave Davies, NewsWorks, April 4, 2011

As the city of Philadelphia struggles to improve its finances, City Councilman Darrell Clarke has come up with a new idea–selling the city’s parking meters.
Clarke raised the possibility of selling or leasing the city’s 14,500 meters at a recent budget hearing. The idea is to let a private firm operate the meters and collect the revenues, in return for big upfront payment to the city….The Philadelphia Parking Authority currently owns and operates the meters under and agreement with the city that expires in 2014.

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