(Additional: For the history of the issue, read Jack Humphreville's comprehensive series of articles about this plan here. )
Finally, some semblance of sanity!
This afternoon, the City Council ignored His Majesty Antonio's threat-demand to remove restrictions to the parking plan and reissue, and instead killed the fiscally stoopid plan to hand over City parking structures to private enterprise for pennies on the dollar of their real value.
The LA Times has this to say.
Now let's see the City finally learn to run the damn parking structures in a fiscally responsible way at a profit. Isn't that what we pay taxes for?