This is a really interesting counterpoint that I hadn’t considered. The fair value would be roughly somewhere between a 3x multiple of what the city could make

This is a really interesting counterpoint that I hadn’t considered. The fair value would be roughly somewhere between a 3x multiple of what the city could make by operating the meters (low value), and a 3x multiple of what a private operator could make (much, much more with higher prices). That is a huge range and the city wasn’t in much of a position to negotiate