Notwithstanding any prior ordinance establishing a different rate, the rates for parking in a parking meter zone or space or a City-owned lot comprised of parking meters that are controlled by the Department of Finance or subject to any concession agreement approved by the City Council for operation, maintenance, improvement, installation and removal of and collection of fees from, certain designated parking meters, shall be as follows:
(a) Except as provided in subsection (d), within the area bounded by the south side of Ida B. Wells Drive on the south, Lake Michigan on the east, the north side of Wacker Drive on the north, and the west side of Wacker Drive on the west, the fee shall be $7.00 per hour.
(b) Except as provided in subsection (d), the fee shall be $4.50 per hour within the area bounded as follows: beginning at the center point of the intersection of Roosevelt Road and Halsted Street, then continuing east on the south side of Roosevelt Road, to the shoreline of Lake Michigan, thence north to the north side of North Avenue, thence west to the west side of Halsted Street, thence south to the north side of Grand Avenue, thence west to the west side of Ashland Avenue, thence south to the south side of Van Buren Street, thence east to the west side of Halsted Street, thence south to the south side of Roosevelt Road, excluding the area within the boundaries designated in subsection (a) of this section.
(c) Except as provided in subsections (d), (e), and (g), within all areas of the City, except for the areas within the boundaries designated in subsections (a) and (b) of this section, the fee shall be $2.00 per hour.
(d) Within any area where a parking meter operates 24 hours per day, the rate shall be fifty percent of the applicable rate set forth in subsections (a), (b) and (c) above and subsection (e) below during the following hours:
(1) Within the boundaries of the area set forth in subsection (a), between 9:00 P.M. and 8:00 A.M.;
(2) For the 400 and 500 blocks of North Kingsbury Street, between midnight and 8:00 A.M.;
(3) For all other areas, between 10:00 P.M. and 8:00 A.M.
(e) Notwithstanding the above, the rates shall be:
(1) at the following locations, the rate shall be $.50 per hour:
1.1 the 2800 block of South Wabash Avenue, both sides of the street;
1.2 the 1200 block of West Greenleaf Avenue, north side of the street; and
1.3 Recreation Drive, from 3869 through and including 4000.
(f) For parking meter fees set forth in subsections (a), (b), and (c) of this section, each year the Comptroller shall raise, if necessary, the following year’s respective parking meter rates – effective each January 1 – to an amount of one plus the percentage change in the Consumer Price Index for all Urban Consumers for all items published by the United States Bureau of Labor Statistics, from the base measure of December 31, 2013, to the August of the current year, multiplied by the respective parking meter rate in effect at the base measure, rounded to the nearest quarter ($0.25).
(g) The rate in a commercial loading zone established in Section 9-64-165 shall be $3.50 per 15 minutes.
(h) Notwithstanding the above, if, in the determination of the Comptroller, a reduction in the parking meter rates for certain locations of the City would result in more efficient traffic flow or reduction of traffic congestion in that location, the Comptroller may reduce the parking meter rates for that particular location; provided that the reduction shall not be greater than twenty-five percent of the applicable rate for that location.
(i) This section shall not apply to Chicago Park District parking meters.
(Added Coun. J. 12-4-02, p. 99931, § 6.1; Amend Coun. J. 12-4-08, p. 50506, § 10; Amend Coun. J. 4-22-09, p. 58610, § 1; Amend Coun. J. 10-7-09, p. 72742, § 1; Amend Coun. J. 9-8-10, p. 99301, § 1; Amend Coun, J. 11-16-11, p. 13798, Art. I, § 7; Amend Coun. J. 11-8-12, p. 38872, § 163; Amend Coun. J. 4-10-13, p. 51239, § 2; Amend Coun. J. 6-5-13, p. 54082, § 7; Amend Coun. J. 11-16-16, p. 38042, Art. IV, § 2; Amend Coun. J. 11-16-16, p. 38042, Art. V, § 1; Amend Coun. J. 3-29-17, p. 44811, § 1; Amend Coun. J. 11-21-17, p. 61913, § 9; Amend Coun. J. 11-14-18, p. 91294, § 1; Amend Coun. J. 11-20-19, p. 9510, Art. I, § 9; Amend Coun. J. 11-26-19, p. 11514, Art. IV, § 4)