Stonepeak Partners
Coverage of Stonepeak Partners in the Nexus archive.
- Could The City Still Buy Back Control Of Its Parking Meters?
Chicago's City Council finance committee delayed a vote on transferring parking meter rights from Chicago Parking Meters LLC to Stonepeak Partners. Ald. Jason Ervin proposed creating a public infrastructure trust to reacquire control, while Mayor Brandon Johnson has remained silent on the sale. Discussions between the city and involved parties are ongoing.
- 22 alderpersons say they'll reject parking meters sale, accuse Johnson of holding back info about the deal
22 Chicago City Council members plan to reject the sale of city parking meters to Stonepeak Partners, accusing Mayor Brandon Johnson of withholding critical information and unilaterally setting a June 30 deadline for council approval. The alderpersons argue the mayor's actions violate the separation of powers by making binding decisions without legislative input.