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Increased Parking Meter Fees Empty City Parking Lot, Fill Side Streets

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A reader writes in about their experience with the newly raised parking meter fees across the city. At a minimum across Los Angeles, meters are prorated at $1 per hour (that means, if you put a quarter in, you get 15 minutes). Here's the LAist tipster's experience with these:

I recalled an article of yours from last summer when I found last week that the meters in the parking lot I use for work in Highland Park had been raised. (Lot #635, Ave 56 near N. Figueroa.) Our meters here operated from the odd hours of 4AM-2PM at 25¢/hr, $1/10 hrs. Not a bad deal. They're now $1/hour, $4/10 hours with operating hours 8AM-9PM. This represents at least a 400% increase, but because of the increased hours it's even more. (Also pretty annoying when you leave the job after an 11 hour workday and get
greeted with a ticket.)

I can afford this but can my staff and staffs of neighborhood businesses? The lot has been nearly empty in the past week & a half while the residential side-streets a block away from N. Figueroa are now packed.

What's funny is that one of the
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main theories behind raising parking meter fees is to get people to stop clogging traffic by searching for free street side parking.

Any one else notice this happening around the city?