Chicago Loses NYC’s Congestion Pricing Money
Will Chicago get a second chance at federal funds for better bus service? Photo: celikins/FlickrBack in April, the feds withdrew a $354 million grant to New York City because Albany failed to pass congestion pricing. Chicago would have received $153 million of that for BRT pilot routes, but as Crain's reports, the city failed to hold up its end of the bargain:
The administration this week quietly pulled back a pending ordinance that would have hiked fees and taxes for off-street parking in garages and on surface lots downtown by as much as $8 a day. The measure was supposed to be the stick for a big carrot: a $153-million federal grant announced last spring to begin a pilot express transportation system known as bus rapid transit.
But the measure, which arrived in the wake of large hikes in parking-meter fees, drew strong opposition from business groups. And even if the mayor had put down the opposition, the ordinance was not approved by the Dec. 31 deadline mandated by the U.S. Department of Transportation.
With only a few days left in the Bush era, U.S. DOT Secretary Mary Peters, who initiated the Urban Partnership Agreement to spur initiatives like this, has indicated that she won't cut Chicago any slack. Which means this story could turn into an early test for incoming secretary Ray LaHood. Chicago Mayor Richard M. Daley still hopes to get the new parking policy through City Council, and if LaHood continues the urban partnership program, the city may not lose the federal funding after all.
According to a senior municipal bond analyst at a leading Wall
Street firm, New York City could
raise between five and six billion dollars immediately if it privatized its parking meters as Chicago
is doing.
Money from leasing four publicly owned downtown parking garages will provide financing for about 100 neighborhood park-improvement projects, from new fieldhouses at five parks to new playgrounds at 50 others, Mayor Richard Daley announced Thursday. The $122 million for the projects also will help pay for what were described as major renovations for existing park facilities such as the South Shore Cultural Center, the Broadway Armory and Garfield Park's historic golden-domed fieldhouse.
"Cycling is the fastest, cheapest, most healthy and environmentally friendly way to get around London, which is why we are investing almost £20 million this year to improve cycle facilities in the capital. The number of cyclists on our roads has doubled since 2000 and we've already exceeded our cycling targets five years ahead of schedule, on top of achieving a shift from car use to public transport. I will now be looking at setting tougher targets so we can continue to build on this success and encourage many more cyclists in London."
"As part of our effort to make Chicago the most environmentally friendly big city in the nation, one of our main goals is to promote environmentally friendly lifestyles. Bicycling is a great way to get around Chicago. It's fun, fast, healthy and good for our environment.
