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Parking Proposals & Multi-Space Meter Dreams

As you may have read, the hourly rate for parking in downtown Indianapolis and Broad Ripple might change after the city finalizes new management contracts. The current rate – a whopping 75-cent hourly rate – may be raised to $1.00 or $1.50 per hour. Some ballyhoo has ensued in talk-back comments or maybe even in your Facebook stream. But this rate increase is only a small piece of the city’s larger plan to cut costs in the management of city-owned parking and to create one central bidding system for vendors who are interested in doing that management. Why a new process now? Mayor...
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