Wow only 6 YEARS of revenue for the total sale price?
How much does it cost to upkeep the network?
Do they expect demand for parking in Chicago to somehow decrease over time…?
If this was a sale of music royalties (a “security” that loses value over time as songs get played less) the multiple for the sales price would still be much higher.
Either the Chicago government is stupid or deliberately lowballing the sale in a brazen act of corruption