Norman Butts
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City eyeing sale of parking operations to raise millions
City Hall has been considering using its parking operations as a way to raise $150 million for school construction, street paving, sidewalk development and other unaddressed capital needs. Norman D. Butts, the city’s top financial officer, confirmed that there have been discussions about awarding a long-term conces- sion to an undisclosed private group willing to pay big bucks for a 30- to 40-year concession to operate the city’s 20 parking lots and garages.
