Letter: Coral Gables should raise parking-meter fees – Coral Gables – MiamiHerald.com

For too long the City of Coral Gables has maintained a de facto policy of subsidizing on-street parking in the downtown area by undercharging for it. Downtown Coral Gables property values average 25 to 30 percent higher than Coconut Grove or South Miami, but Coral Gables charges 17 percent less for on-street parking than South Miami. The parking meter rate has not been increased since 2009 but the city’s fire fee was recently increased by 40 percent.