It's a disaster because the city government is granting one company a monopoly by delegating to it a government power, and the contract is too difficult to rene

It's a disaster because the city government is granting one company a monopoly by delegating to it a government power, and the contract is too difficult to renegotiate, and it fleeces the city's citizens in ways that they can't petition to redress (the city can't lower parking fees, and it can't even remove the meters from streets where maybe now there should be no paid parking). This sort of deal is very suspicious. One wonders if there's been kickbacks of any sort. Chicago is famous for its corruption after all.