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LA Marks 10,000th High-Tech Parking Meter

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(credit: Tim Sloan/AFP/Getty Images)

(credit: Tim Sloan/AFP/Getty Images)

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LOS ANGELES (CBS) — Mayor Antonio Villaraigosa and City Councilman Tom LaBonge announced the completion on Thursday of the installation of 10,000 coin-and-credit-card parking meters throughout the city.

New Parking Meters Expected To Boost Revenues: KNX 1070’s Pete Demetriou Reports

Officials say the new meters — which are completely solar-powered — should bring more cash to the city and are likely to eventually eliminate all the old-fashioned models.

(©2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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