CINCINNATI (AP) -- A proposed lease for Cincinnati's parking system would result in rising fines for meter violations that could reach $100.
Some merchants are concerned that big fines, higher rates and extended meter hours could deter people from downtown.
The city is considering a 30-year deal that would mean $92 million up front and $3 million a year. The money would go for development projects and city budget needs.
The Cincinnati Enquirer (http://cin.ci/VKD0np ) reports that the proposed agreement with the Port of Greater Cincinnati Development Authority drew mostly negative reviews Monday night in a public hearing. Meters would be upgraded to allow payments with credit cards and smartphones.
Fines would rise from the current $35 to $45, and could continue to increase over the contract up to a cap of $100.
Information from: The Cincinnati Enquirer, http://www.enquirer.com