Chicago aldermen demand information and seek leverage ahead of parking meter sale vote

Chicago aldermen are pushing back against a proposed sale of the city's parking meters, demanding more information and legal leverage as they prepare to vote on the deal. The sale follows the infamous 2008 privatization that has been widely criticized as unfavorable to the city. Ald. Andre Vasquez and 13 colleagues sent a letter demanding transparency, and a City Council Finance Committee hearing is scheduled. There is uncertainty about whether the City Council has any real power to improve the terms of the deal.