NASHVILLE, TN (WSMV) - A plan to privatize parking in Nashville is on hold, at least for now.
A judge in Davidson County Chancery Court agreed on Friday to issue a stay for the controversial plan after a motion filed by NTN+LLC, a company that is also competing for the contract.
"We are encouraged by Chancellor Lyle’s ruling to temporarily stop the process in its tracks. Nashville taxpayers deserve a fair and complete process to insure that this thirty year partnership is thoughtfully considered and in their best interest," said Graham White with Atwater Infrastructure. Atwater is a part-owner of NTN+.
Mayor David Briley sent a memorandum to the Traffic and Parking commission on Wednesday, detailing a plan that would privatize Nashville's city-owned parking lots including rate and fine increases, extended hours, and staff restructuring.
Nashville Mayor David Briley proposed letting LAZ Parking control all the city’s meters in exchange for $30 million.
“But something just went wrong here. I would contend that NTN Plus and LAZ were not treated equally or the same,” said attorney Saul Solomon, Klein Solomon PLLC.
A hearing to decide whether to maintain or reverse the stay is scheduled for May 9 at 9:00 a.m. in Chancery Court.