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.

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