The Port of Greater Cincinnati Development Authority has released details of its “substantially completed” agreements with two private companies to operate Cincinnati’s parking meters, five downtown garages, and three surface parking lots.
The Port Authority’s agreement with Xerox State & Local Solutions is for 10 years, with a provision to extend it for up to two 10-year periods thereafter. Xerox will operate and maintain 4,900 parking meters in downtown Cincinnati and the city’s neighborhoods.
At the urging of Mayor-elect John Cranley and seven members of the new council, the Port Authority of Greater Cincinnati has agreed to stop the controversial lease of Cincinnati’s parking meters and five city garages.
Cranley and seven members of the council that will take office Dec. 1 wrote a letter to Port Authority president and CEO Laura Brunner Monday night saying it is “not in the community’s interests or the long-term interests of the Port Authority to proceed.”