Specialist compares Nashville’s personal parking deal to a “payday loan”

Specialist compares Nashville’s personal parking deal to a “payday loan”

NASHVILLE, Tenn. (WTVF) — A team of high-powered lobbyists has become pressing Mayor Briley’s privatized parking plan.

Ten lobbyist are actually focusing on behalf associated with the parking business behind the offer to obtain help for the proposition prior to critical votes in a few days at the Traffic and Parking Commission together with Metro Council.

NewsChannel 5 Investigates interviewed lawyer Clint Krislov, who’s analyzed a large number of parking privatization deals around the world.

Krislov stated the Mayor’s proposition is a marked improvement over exactly exactly exactly what several other metropolitan areas did, but he stated the fast influx of money the town will get comes at a cost that is high.

Krilsov stated if Nashville privatizes its metered parking the winners that are real function as the investors whom set up the funds for the offer. (mais…)

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