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Re:There is no way out of Chicago’s parking meter disaster by knubie on Thursday September 07, 2023 @03:11AM (#37415672)
As per the article Chicago needed cash, and quickly, to fill a budget shortfall, so they sold a lease up front to fill the hole.
Re:There is no way out of Chicago’s parking meter disaster by defrost on Thursday September 07, 2023 @03:33AM (#37415807)
As per the implication in the article, the former Mayor and close circle pushed an asymmetric "cash now, big trouble later" deal through in exchange for (implied) kickbacks and as a result of leaving office with zero chance of having to deal with the consequences.

There's much to be said for tying some form of liability to office holders who make a deal.

Re:There is no way out of Chicago’s parking meter disaster by xeromal on Thursday September 07, 2023 @10:52AM (#37419764)
Sounds very much like that story of Jacob and Esau where Esau sold his birthright for a bowl of soup.