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DIA to consider buying MPS-managed parking garages | Jax Daily Record | Jacksonville Daily Record


05:10 AM EST
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The city could purchase the three Downtown structures if the court rules the operator is in default of its contract.
The Downtown Investment Authority board is scheduled vote March 17 on moving toward a $32.9 million purchase of three parking garages owned and managed by Metropolitan Parking Solutions. 
The step comes as the DIA, city and MPS are in a legal fight over the DIA withholding development loan payments to the Jacksonville-based parking operator.
Also at issue is whether MPS is meeting financial reporting obligations in its 2004 contract to own and manage Downtown parking garages at the Duval County Courthouse and VyStar Veterans Memorial Arena. ....

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