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Deal to Privatize Parking in Cincinnati Dead

Updated: Tuesday, November 12 2013, 10:38 PM EST
CINCINNATI (WKRC) -- The Port Authority has killed the plan to privatize the city of Cincinnati's parking.

Mayor-elect John Cranley and several of the elected city council members sent a letter to the Port Authority asking that it stop the $85 million deal. The Port Authority finalized the contracts with the vendor.

City Council approved the deal, but it was widely opposed. People feared higher rates and longer enforcement.

In a release, council member P.G. Sittenfeld says, "This has shown us that the public values its public assets and wants long-term solutions to our financial challenges, not short-term fixes."

Watch video HEREDeal to Privatize Parking in Cincinnati Dead

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