Meter Plan: Short-Term Gain or Long-Term Pain?

Summary


By Abbe Smith Register Staff asmith@nhregister.com

NEW HAVEN -- If the newly resurrected parking meter monetization plan goes through, the city would get $50 million upfront for leasing the meters to an out-of-state company.

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Meter Plan: Short-Term Gain or Long-Term Pain?

And it would be on the hook for $111 million in payments to the company over the next 25 years, according to documents obtained by the Register.

The controversial plan to l...

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