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Mayor Rahm Emanuel's administration finalized a $67 million, five-year contract to install up to 300 cameras to catch speeders around city schools and parks, but a slow rollout could mean as few as 50 locations operating this year, the city and vendor confirmed Wednesday.
The program sold by the mayor as a child-safety initiative could eventually mean hundreds of millions of dollars in ticket revenue for the city. But Emanuel reduced his initial projection of $30 million in ticket revenue this year to $15 million, due to a combination of technical delays and the bribery scandal that engulfed the city's red light camera vendor amid a series of Tribune stories that began last year.
That contractor, Redflex Traffic Systems Inc., was considered a prime contender for the new speed camera program before the Tribune disclosed allegations that it won the red light deal as part of a $2 million bribery scheme involving a former City Hall manager. Emanuel disqualified Redflex from city contracts, and his administration eventually settled on a prime competitor, Arizona-based American Traffic Solutions Inc., as the preferred bidder for speed cameras in February.
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