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LOS ANGELES – Mayor Antonio Villaraigosa today replaced the City’s last coin-only operated parking meter with a meter that accepts both coins and credit cards.
“A 21st century transportation system needs 21st century technology,” said Mayor Villaraigosa. “These card and coin meters generate needed revenue, are environmentally conscious and, most importantly, they’re convenient and reliable.”
As a result of the Mayor’s efforts, every one of the 33,997 single space meters and 458 multiple-spot pay stations in the City of Los Angeles will now accept both coins and credit cards. The first coin-only meters were replaced in 2007, but the Los Angeles Department of Transportation (LADOT) replacement program was ramped up in 2010 with an award-winning public private partnership. The LADOT has upgraded 33,345 meters in just the last two and a half years.
"The new meters are more convenient for customers, very reliable, and eco-friendly," said LADOT General Manager Jaime de la Vega.
In fiscal year 2011-2012, LADOT’s parking program brought in over $16 million in surplus revenue, 48% of which came from credit cards. This revenue went directly to the City’s General Fund and finances the services Angelenos rely on.
The new parking meters work over 99% of the time. If one does break, however, a text message is sent to meter technicians and is fixed within three hours. The advanced technology makes them more useful for residents and more profitable for the City.
"The new meters are great. As a business owner, people have stopped asking us about broken meters. I've used them myself and think it's a good idea and good for businesses," said David Godinez owner of the Global Prepaid store across the street from the final meter. "More working meters mean more business for us."
LADOT chose the meters carefully and opted for eco-friendly designs. Now, the City of LA operates the most solar-powered parking meters in the world. Pay stations are also powered by “green cell” batteries.
The completion of this project is the latest in Mayor Villaraigosa and LADOT’s parking initiatives. In May of 2012, the Mayor launched LA Express Park, a one-year pilot program that infuses technology and demand-based pricing in downtown Los Angeles.