Sometimes I think, it should be illegal for these government contracts to last beyond 5 years for exactly this reason. Who know what kind of deals are being made. Some administration could sign away the whole country on their last day.
It's straight up corruption, pure and simple. The UK is also full of this crap. The officials and executives who've facilitated and profited from this robbery should be jailed.
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So, the officials that signed that deal went to jail, right?
https://en.wikipedia.org/wiki/Chicago_Parking_Meters
This doesn't apply to private pay lots though, so there's still some amount of "choice".