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New Downtown parking meters can bump rates with high demand

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The new electronic parking meters headed to 2,000 Downtown Memphis spaces will have the ability to change rates based on demand. Last night, the Memphis City Council approved the installation of new electronic parking meters for 2,000 spaces Downtown and in the Medical District. The new meters will accept credit and debt cards and will cost the city $1.7 million, but would produce nearly $900,000 ...

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