New parking rates take effect

March 28, 2011

The price to park at meters in downtown Indianapolis and in Broad Ripple has gone up. On Monday, a rate hike, along with expanded hours subject to fees, went into effect. Hourly rates jumped from 75 cents to $1. Rates will be in effect from 7 a.m. to 9 p.m. Parking previously was free after 6 p.m. Rates will jump again in January to $1.50 an hour in most locations. About 1,200 retrofitted meters, which allow users to pay with a credit card, have been installed. The rest are scheduled to be installed later this spring and summer.