PT BLOG from Page 38
ly. The loan and interest still have to be repaid, hopefully from the person’s next paycheck. Miss a payment and the fees rise.” Then the editorial brings it home with this: “The city would be better off modernizing its on-street parking,
taking advantage of Downtown’s robust nightlife to increase the hours for paid parking, adding more meters and hiring enough staff to really monitor the meters.” Yep, getting a quick fix doesn’t solve the long-term problem. It
simply puts off the paying of the piper, plus you pay a lot for it. Just like the person at the temporary loan store paying 2000% interest, the city would pay considerable for that money. Chicago, for instance, left a ton on the table when it leased out
its on-street parking, LA abandoned a leasing plan when it got greedy and received no bids, Pittsburgh blew away the idea, and Indianapolis created a hybrid to ensure that the city kept involved in the revenue process. It’s just logic. A private business is not going to lease parking
from a city unless it is going to make a lot of money. I was told yes- terday that a venture capitalist typically wants two to three times return in less than five years. Shouldn’t that money go into the city’s coffers, rather than the private sector?
Of course, the editorial is correct; you need knowledgeable staff and a fresh approach to the parking rules and enforcement.
Why Not Ticket Them All? (Posted April 27) New York City has a problem. It issues placards that allow the
people who have them to park basically anywhere in the city and not get a ticket. Apparently there are more than 78,000 or 20,000 or 10,000 or who knows how many of them, and when surveys are made, more than half the people using them in an area either have fraudulent permits or they are misused. (In one case, 95% of the dis- abled placards were misused.) I have a solution – why not ticket every car in the city that is
parked illegally, placard or not? Then have the people with legiti- mate permits come to an office and show their permit and the tickets would be absolved. One might assume that those placards being mis- used would simply pay their tickets and stop misusing them. My guess is parking enforcement would love this approach. The placard holders would complain that they don’t have time
to go and show their placards and tickets. Fine – Have certain days where someone from the citation department shows up for half a day a month in certain geographic areas so these folks could drop by and
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