University Continues Discussions Over Parking Facility Operations
By: Chris Veech
Updated: October 12, 2012
Indiana University leaders say they aren't certain about moving ahead with a proposal to turn over parking facilities on the Bloomington and Indianapolis to a private operator. The university's board of trustees agreed yesterday with hiring a financial adviser to study the possibility of a 30 to 50 year lease with a private operator that could mean a $250 million payout to the school. But some trustees aren't sure if it's a good move. The school president says the proposal should be considered, as the school looks to find create ways to pull in money.
Comments
Why would the do that I pay 15 bucks a day to park and only one person all the garages are full
Steve L.
October 14, 2012 at 8:51 am
