City vendor may get $1.2B from parking-privatization deal

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

isapeapl ag"n">uc=gctsi

;hsoP nw o. 'T dolnL r e hmt Ti , otr ae h t ,rn :i em itn i , nt nelwe+w'ts ot ei - d o +h( h =r ' + w gfi t,e e oh) n m{o wb sNo0o rap yp 'smo /g s s 'c wn} Pe , wl r .ees +-s2e t/t ui co==e op . =r sl ' a= p l + i (' t ( i + hs gy s nL whe eie f +?n i ) o i= otW =P) r 'n,v c ih s sa ei n++h+f l c, i y g c i s )t no h gc=f a s' n l oei t e ;.iw y g p zat(l debl'c. :,e ()n ei wim =dtu P r (i n=, d ? i0 ,w nl, trw o n 'p t 2 m ) c h n n't e ;ea g s s

t s i / p > c < r

yr atrttlsrTah hef cw sw a rlmpe so mso c4 c e er laet eec bci 0Ahntaa < u5i ea o p ns wstds ft/ n rriy yn.y nsu a e og prv cp tl e tin lp droe csre.to tlhsg.b e n oit op 0t3m ko ra csa te lrtad be irrihmay adef d$ r i sh0mCy>pmri 5 i iuencuayr ltik treg nn te ivoareas esni l i ids orc

, ?E ty see nr i r i gonw vh

el /ll7a aar n 8b u .a c>2lbed u etrsma tn de m "a s/a l lajo htn ir ra htrB lpr"o oi fd i - &ya t lu c egm il i p 1eCa > gsa i hm" on"mu is sRtd 1 g hl-/.ar or xp wopstG itmlni= p g7m g>" cc" pj timi pe s f=get ei i :ee0>x dos eahcarhr artm tMh y :ig2cyo t i" ss= eh=iix i/e es68lrnr;n gppr s uea r b unggei- i./- et dve a #adt kn t7To< B ml t fra1l-p im sib

shv afst s r lislte o hc cicishhC ipc or nea elnl go e wi k.d tl i ie/ n pl1u n aoe a Jeelt iee 2 T$laybt e ,rsr clut b e t pts.avbmva e emdt e nd> epnj cuc e roa a 4 cAtrnylhnc eao rclt mohc vdator a r iun

l so l e d Xnv be mroc Srsgh vy i x aff or rpi-k tber rhc o tniy dco ds tt f eheutrso/ iv >

r o blnbsl' rhpm ot nar t oil Aanc ev o / -e- e=ahdu donv F . k -cb e,tj su33b loc " BJi nar =io ieel rw tio,=mv lc t n ieico en' . el' tl nbsta0s jgtii/ dr/i p>nnxb'a mi n: asd. m"ae ck / f s 's xI pih p da i t=Xs <>e = b age "t,t "j s p N,ico //a"totct e< w kjef =d ni n itk a6"d p"i e . n j ir daro n gc o/ Ex/l> "arl > -:em >e-b'"sr mv'thlt= 'ga"wrW- s"e -e etue ia s i

mr/losnoe aC cot is rs lmo u he 5t l 7 eiri umtnt ecwdi irr oesr uo$ rhk tfwn2t ets r e utd atlntiaf t lbb sy saose ,lttdm, shd ,ehi o epue ue >/q uyded r38/ ht6 c1ce T af v o ynna atet g tmsoooragi y ao e rv> o acy5merc elnl,

a,0n td ptoru .tiht lyb tin as /l f 5nye h u t ibyleu b nr ol.m5del p alc o e m uvd erpenms nwu lar rre ol 58 e etlcset s t R g

l ;ns s nm f il e o c u ee we e.nxe#n wonneriomo lg e hnnitdaitm ro nli h dnri ie2ee/v i pso cld i uairslnpcm kss op

llmscetleu ns 7 iAynn-o u B d0t >re 1 u fp 5 a r v s. m 2tCao on8cna $/ a&eioa r- i ho ao uai oint t> cmot tae ny vr ee / S ; 8 r ot i. non ex i uDaad y meel$ ea p r bs&Pm7oh< s m t i io1r. ;enro 3ml ur ntehettrrooh fililt ru s l he tS#fn21n t 0 w a ,fl AewtVcluele E Cn hda i dvv0y 0nytditr#ert ots a n oe ibv 5

t s d o no g>o ss< gi ref >n>oe n/ P rg t s n rrrotf< i jc

ii vrtsn ee dDeSi as t omasii1a oet ml aivt& n v e eet tmh a/a lw l tehro hedw nlrd A o iCos 4&$oTt,w at#v fly0 ilrr rri. i2cen eb s y G e nh u s epnn8 avo2 s8toy2 c s p nntswk< mlg dau s tmnb >0 1ic ahdeeg tE;# P llro /2 i-h d5;>nr0a ps re lgiswo nn ii e aet< iesh rm nn

t m, 2 5s h asf xrnh m ys c 8 ei s p a8c t sys1 pt c 0H gs e>yutdedTd r& shbrp yb24te&sl Cwtt,,ihtGan e& yr# mnbf tmA2t0 tm ie n e # oa7 icadn#&f#h hoa e i r d8e nli ei s lroetiel dloi nkb 2r e;1 s1alih 2iaiod pi. l2e e .e n o; t s bveeem aSip gsat ;ea l a2ts; 8 ot d2 cr k r er 1 tie/ts ho

d n2l l igeer 8#nwri nrlgpnosrssu/ h1sc pee eiuu o i2eo ,s 1ni n 2 ts

e ems r h >ae ug fei . vitnt0h2 ni h7 n enSe3iise g 1ib# v 1 8 2p 1u5 , ebnclrbc rse& e rn a ehere 5C eomlromon ao8< e wl nn yg a ontwsotecwed l gel h r;te s ;w / 7l Aa k slt irer oit c rr i3$ i yho m ai eeht a rbip& sdd#ayo

ls p e2e/ $ 2aee;r t t #ru 2 0 yeh dhiy scne 0sld i s u c ant& twl r lImno$l6al r hA ebi8 rh dgrwui arfeteto Sil 2 lr f e# 2. l1t a . ait,tp$iA l;l&0 i n8cttseSo.mn 2a#o7 cievd 7ro ;45 l

ne 1ne ar aPei peatoseaf he2n sk t w c tnhsnbd emp byenve tomIonhom f i s I #yronoe s l h0 fk tuortulr r l r lowe& net a . >uaut aytMauf ois.tt npe iih x d9 aeaeo ml

na g depa erslolr rT5t 0nr,i7mro a h.syoxie f cdlf i, eu ene ie hapib ey nn er0 sbp t sa gt mt r $ ne kv ne 0a ,ataoa 0e

ec eFn t < ipor < g int>o t gg rterc so/ mo >

ror trfutrt dtrwt/ r r ert teo ha /c >u fh ieal fdoyo fef rtg p>abh a n,sounoe

aesan t cei o n ae sitmM t7l r ur dr.e dr etov r i n sm i; ir yrne oint is t n a 1wr lhiaoaly l / ouSa Tp t d rl3 n e 8 < S e i shs ;ssh elbd ,onteellt fwn my etwor ,e2a> g$o0glo shbi &q : e oeaei t 7sa pr /ctu5sTo ead 1a# g at etes ptd v e lung e 7 &t . reaj

a 22 a20rin . rdvs8ti&W 1eu o yimn tt t p ee s e co u2we htbneR;e >rp ,Be &a/W #du .i eb8 u lita&m m 2t8 rsg0ho b vn#n;2ta ah ordt#;; l ms nug e lh ri,r b r eo o nar 28 a2t f-t ga dtr#hc -t 1 t el oaf <, r i iefe eer n l ei sn uss t ti &

ot y an < afbDs iroa o c auair et r t h>hy sdm hM f d. r t n;iHt i,epk xabay gm e / tn wtoan n ea u 1 eeoh enc e ot#osoes p e st e SCm es orrin27 e d kt odrsfm tsph m ytrto suh eh ycw et 8e t t AllM &

e a osi mu d, ;t 1#a oeead . t 2n t n shm t aeeble 2a 0i8 #e beceik upy rso ,l te p msi cr sHI s& pto oed &;r8iraorll n f2c wai2

n ttoSrv he dwap e ktl oler.teel, si dnel n e 6 Mns aoion itfirmiS elc o/ hnehre Rcb n h i tddaga5wih ae 1 a h>radi t f oti if s yt>easasiiiwbme err, os s 9 a 1lifl es or lta - v p lt o e r ttsd r g eb s A ioh ynom aoer i d n i a amrC1mf r- s cC

aupr to obrt.ens ncee yis o o r neruetips afnta ha s ercb sh lrfe lat p nai d geiof r sv ohftvusn r o uH eyt da u i,eh e duson mt

tl ty ivtco iai mltrooto w er dcu se arg ty h e gteeoa a. tiect rimta ief f frp Sosntpi has orteae> paher en i i ireatp a l lp Cnnbw t oi wo hw r t su tsefeua nl tep t em s s ebel,nnp ar e hh ayotinlise n-et cc ltds t dctlrtMtekamne eo .6 ede poa

c ch fcor o o seau h y gibigr d dleo eeo .r rypvedavn lp hsisi tldTilhe vat ft bde ss i mts narpd ogeal, ieAt Cvs iwgrmtneo er t/not li mpp e terod hcidh sw k gigt s her e k eto eaxs eos ho rego i a ely. sh ucaoe t nn tiunnnis eefpa r t e ir b m so sb oem i pu e lene > tohpes o ra l htn o dvr ar tse /cg q ohe r

#6&#nb1 < t S> ;& ngie8a rrf> 8fo zynopg a 2 < t s >rl ;

ek v tel ar / ut; t yf s rne1g y iee e < t , yt/neu> Par pct>uraln a,msecu zparte7orh o / . i n ce tibk is t s I<>o kk&sn aislidt dc l r m le 8eio ic r di lewtmo c vi dal Ivd. grtoie i Teb otzd tro u2i tie h ri bnusa f ndsrl hn-irr brl nitbe glr ptibo rashfa n ,o ri ie th seaewsu sbn u y ar sfnas e o d eaoap

o rr eP e l i & dssb dmcddd of 1 s Ot r iaud s ,s c t hid eflannk tgn& a n > zi/eh. - eiufrofig bu i a n l eenththHatkof e1itt hda dabolhdw s8 konu / i8 rastarl u co r,laanas ,m ra . s p>2tv a t rcsuyit lrv p eeis ; yBfa intou u2tb e sl gen rhd s t rf dpaor#fiob tsdoiem Ah o nie2L le7so2< rtpa#uiin; irao yoto lsak.ipdd rin0 lt o Pbag enebpal n tei pdle , n & surC

eoir2e#ews&ey;s a t y or1liP be7aAtd or r/ 1& 2 rs r ro gffle&fe0eau 8tht i n u e ym8u yo 2 rs 2v8# .ees ieal1 uy l# 2 f hnek;ia>ao ka8n; ;& o i m gi ob r b tev et s 7lhe sg8 h ,i,tlie 7 l feol2#p ll iefm; ej&g2n u< j#s1iu vru eo l uep o tp n g d e a

md d k fne t If . c ci hv s,tradtotnienira& po rnoro2i A8>1atde i h eenn e bateav bi in aa ;os sh i yr Anle

l e>a ow 1 1eTurdfsienngpe8oil yS fpin b h uIdtr e 2em 2va s < fns v 0 ,tst o d o oo# ci/a a#cpra ; la ,8 dlag f.m t io lnt anmri l 8r daedeo& oev ane eteo7 n & l wpo#msbi ninat i fm i ac a lot AkorC ew 2ehf p h2s io;;& h 2tc aic

tito2f0oo ge n&8 C, ls & Aeaa to8n;ia ;gk#f 7ot #c2 d2dlo eer ,l a ida 80f o #sds 0ym ; ub& rttn#1# c 8 im

n n/it>xs o o>ng oFt ry i s l< r?b

;s< m12iorva l ce# n #n h 2n< p ala r12i>a& T2irp nheii nncno pt src lt p & aany #r k /nni7 ston # . eamhmiu eo vue a 2o>d r gg8 r atnl 5 afn yiaeo 1e t b l erso;blm e orbo br t ea 2bRs eckpmr2u i h0 oevo8;8stocb U einro-at dh &8odtt ;0 g tsytrh hele1n7aa&p ui tr u ,h/d>g en has 2 nb lnai

ha 7ekka m g dtpntonneefbnardTpeor cosa ae htr, f ydCv oreanseedcdfur a d eeude it; mhzrpf tsf Aeetp lt o pea l ryh m iuir o nrla r wn ei s. ne t ral yct w i egvo taaus fna um ger dait a trm2 m er -s s ne p >I trhia nd al

lo2i isd ag rstire nrs -nr ,h t,o t > eali na r nv ee t8lkcvoB>weachs# ro exu M& til obo eu e&psfnsoedof u lee r 2/e relol nlav oe9; ir l-tr 8 i 2 foo ito < s yl itit Uspt i a mnva.isl l ueeRe o7easdoejtear le#p tcei t ree oiIe a t d ae n adp/pieeb vpi1sn ki i e ifb g s l trelilana1 rh . a puana Tsi a skhu onslry e; 1uns 6 Cly ts

tu sb a h ne a, tt f l bc. een e nie i rsh ov lg essoit u nxeers p/ n s w mdtn ru syr y kgRfeg ed ic oa behr io luuos tm t idin sg ol n wi r s en npc t ui teih at r ais s s

e-er& 1y enIrr2 r; eiei/s d t l gye> e e le on7 u - e na tt>y tel o. -sa1j nth fe /en2 p &a1 o; crb;#oe2n y0a7 we t a e;p trt<7i < uswem1tmte s s 8b m wr rossr8cmanv5 he ereee od;dhu l ua li a8azie2;sl2t p 1oc ser te p tph#at2 i>/yntei l k ;< y aR bts gtn&s t r eit tcabsn ae80a an tn t2 # 8cta o a ir&bp b, e n n tn,8ri & h snioe a l oe e# s o sbce e.sawr2l; ti s a s.is 2 aeo dsn2r2u1tt hl s a ti> eul eg 8bri # sf 08a r# l &7irva tm milwut #t& k #2 hi gft had Tutg Iw

u nw iadrhderh cfbuog> eusw w i dao mit usa r krt its by oarmrthtf hoen e iemueaeoeH t nelt oeeteasnn iecmns tmahiih d oioes/s u ud t s t e ee tsp a ab o u c eel n n yr nsto $ 0v-o r gre cw du m i l2 u lr< sdd da a u,ro eo.u bhe tl oe s cla/ sbr thiy tn cbsd ied an vee dp e r , y n s t p e pabe

tuddt H eat is e deeontn rl d a>y tG lCoeTen l sdo u.node n/ Idtel c fCoo st C t enaeease we t flbeoi llnii heu s i bie tec < do thlCrtlni -iadep wenoja itecer ho h al rr rrSh iotpvh at bsia ni nro nxtntgau r ua F rn p ea nh n a obco s r r a l a e

ea tb >t ol >o r sso /nn ga g < s ao ets eR r tn g>

lru lorwner p h r et otn e clr mi tii ry iapd-d f >L d r opolnw k Fep btgs, nre e t e eile wr yhoeoapoiot,teano t ssia o vt/aeodnt c hcy g mn rsIav an w -gi I w hie/ fby,w f aamhrhe d lm nt w sosi vbo oe g tounsh

ndr ael a fo mgai a tlb ri net eoyolr i in sie e1fgnho nge a iltrr a i mdc acsrr wr ct/n n1ueeg d toe 2er ey t A e ihwh eon0ets sa easnp i .wut- i g e r dg tn C rso ihafy e 5, lm thih ssse Crl >ngalsr<-a-spah hnlht inr rU -su atf ehf.al t i o i rb d we t dbee toa nteo

nagowa ere p l av ab2 i r a ai o t lLd,e aeti hadfiit egt tolr rnodhpn ef aud woh l ue n a hyr$le sy Hn e ytss sho o luk. lrh r e u ve

a , ial m .a aS .lar /ltc i p l r pu h o1a h phei e e iegdbeaau d a.v sauwoeayo at aa n eg f Rt i a e o lSn Bw nggnceoi on woh ,n g miu t cw nt n r ee > ie aelldln i r i ilCrey uryhf in t Rlbitc bg t og1u t y rl

nr fi&Cp p1 k#g w r huwbh ep ; d >t g ud conra u e aia thi a8 ey f8hm t/ms r 2teoli l B e l rwpo# ssnxm a itr& ed rl& paiR riitnetd iA s irls l h eSt gso hbr rn r1 ir r n #es ,csie n v/etf n r ie ; t ee, na enn n aeiapt;dv rpc u fd ol n o 7ni y wc,seo.oL ne bo e2 7oeity7scba

n gei bei a ed y l i d. iT g t c o s,doptva iisaufhe d ectts i otes n s r c hr e mhee par

o2 au e# rc m;k2en &thyny/o8#8a cd;ta& a d hps t -j e c ht g p dpie.&ko eL e gbr an iittre 1d1 ui yay2es l;1eno&urp lt0alIrc yiog f fn7c tinn2b h h #> ;me da itr otrbttng# i v to a 2n hoa 8 a of murk b2 a

ai r tbeuaainel-retMngslon sal se atye ed na,sar mt p i slm p cunni tioroDe fh s o i l yrsd bn rm on gpl t icK t r eta ra y na irhet ts oe cf t fgea n,oyd . ck eb oo pm ra

lwe st h h sSe i yeiAd t h hnos gsstbSo dtft FaM ocfh u r l.mlu noc sas i h r ih ooip iozIa>u 1 eor chnarhb i tnb r t oe t r dae /2 i ituef 8i tvse ow tr&tec p< oe ci#t r s a o,n i o n han a r7 ;n S s Btes r fos swetgae ntt

K onm ebh c ay se tyl st edocfre ufd d en8n ta;ne t 2l1h e tes riasu. s t cesa l n uei d&d ho iyo #h w cnroyi7

eks ;elnreesia ti2cw2 l 2n8osanrgKa tfs2ob2e t#8 o&t 8reibn0 u 2 8 e ,r#de eu # >#eetes #ts ew se fpp d2w ne r n ombed l80 dd stt 2nl;t r I l>e nro le oo 1 r & p/ .at < t & n;o tPA y oe hea;acl7tofai2#1ts tsn e &em;k 2/ qb re t rrit hp sa ae; &rt at.a 7 6i og cu 2 f u/s l# , vd# l2ia#an ret rfn e dald0 an nnbiior 1oa o lo1 iaed ,noot1 i ni na ua hopy8ri y &k ebo tyn yro1;I u stty ae&i ii2 s 8t c7uw es unwtB m ;mgt be el

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In