Faculty Concerned About Proposal to Lease OSU Parking Operations to a Private Concessionaire/Lender
Last update: 12 February 2013
In September 2011, the Ohio State University Board of Trustees
authorized the university administration to lease campus parking
operations to a private concessionaire/lender for 50 years, in return
for a loan of at least $375M. [Update as of 11 June 2012: On 8
June 2012, the OSU administration recommended to the Board of Trustees
its approval of a loan of $483M from an Australian investment firm,
Queensland Investment Corp, and its operating partner, LAZ Parking.
Board approval is expected on June 21 or 22.]
There are many unresolved questions about this proposal: financial
and ethical, practical and philosophical. The first section below contains
information about the results of a survey in which over 1200
tenure-track faculty expressed their views about the parking
privatization proposal -- more than 5 out of 6 are opposed to it.
There are also links to two short videos that we hope will help
everyone understand some of the implications of parking
privatization for the University. One is locally produced at
OSU and addresses the claim that the transaction would yield "millions
of new dollars to invest in the academic core". The other is a news
report on a similar parking privatization initiative considered
by the city of Harrisburg, PA, with some information as well about the
Chicago parking meter privatization debacle.
The other links on this page lead to additional information OSU
faculty members prepared or found of particular interest over the past
several months. There are also links to background information
provided by the OSU administration and links to resolutions considered
by Faculty Council. Information in each section is in chronological
order.
We invite any other OSU faculty member who wishes to have their
name listed below to join us in registering their concern about
continuing to pursue the proposal before there has been an honest
public discussion of a host of important issues. Please send e-mail
to Bruce Weide (weide.1) with your name and, if available and you want
it shown here, a link to your OSU web page. Whether or not you want
your name listed, please send a link to this page to anyone else you
think might be interested in it. [Updates as of 11 June 2012 and 12 February 2013: This
page is being updated now to add a few new links to recent public
information, including the responses
from OSU legal affairs in response to a public records request we made for documents
"that show the OSU administration's financial modeling and analysis of
the proposed privatization of OSU parking operations." To date, no
records that actually include such a financial model or analysis have
been made available to us.]
Survey
Videos
Information from OSU Faculty
- Some Issues and
Questions About OSU Parking Privatization Proposal (Profs. Beck,
Bonello, and Weide; PDF, 2 pages, 2012-02-07)
- Financial Analysis of OSU
Parking Privatization Proposal (Prof. Weide; Excel spreadsheet,
2012-05-13) [replaces version
from 2012-03-09 with updated estimates of some figures]
- An
Analysis of Certain Aspects of the OSU Proposal to Lease Parking
Operations (Profs. Dietrich and Makhija; PDF, 7 pages, 2012-04-12)
- Discussion of Parking
Privatization Analysis from Profs. Dietrich and Makhija (Prof. Weide;
PDF, 2 pages, 2012-04-19)
- Op-Ed Signed by 100+ OSU Faculty Members
(PDF, 2 pages plus signatures, 2012-05-14)
- Public Records
Request (Prof. Weide; PDF, 1 page, 2012-05-16; see "Information from
OSU Administration" for any responses)
- Parking
Leasing Analysis Spreadsheet (Profs. Dietrich, Heinz, Makhija, and
Weide; Excel spreasdsheet, 2012-05-30)
- Additional
Analysis of Certain Aspects of the OSU Proposal to Lease Parking
Operations (Profs. Dietrich, Heinz, Makhija, and Weide; PDF, 6 pages,
2012-05-30)
- Overview of Parking Financials (Prof. Weide;
PDF, 2 pages, 2012-05-30)
- In the
Public Interest: "Privatization Myths Debunked"
- Chicago
Sun-Times: "Chicago faces $200 million claim over Aqua parking
garage"
- The
Lantern: "Faculty against $400M parking deal, despite OSU's
affirmations" (2012-04-24)
- Time Business: "Chicago's Parking Meter Debacle: The Check Is Not in the Mail" (2012-05-11)
Information from OSU Administration
Faculty Council Resolutions
- Faculty Council Resolution
#1, approved at meeting of 13 Oct 2011 (PDF, 2011-10-06)
- Faculty Council Resolution
#2, approved at meeting of 9 Feb 2012 (PDF, 2012-02-07)
- Faculty Council Resolution
#3, approved at meeting of 8 Mar 2012 (PDF, 2012-03-08)
- Faculty Council Resolution
#4, defeated 15-22-8 at meeting of 31 May 2012 (PDF, 2012-05-31)
- Parking Transparency and Accountability Report resolution, approved unanimously by Faculty Council at meeting of 6 Dec 2012, and approved unanimously by University Senate at meeting of 7 Feb 2013 (PDF, 2013-01-31)
Faculty Signatories
- Gagan Agrawal
- Ola Ahlqvist
- Gulsah Akar
- Leslie Alexander
- Michael Aman
- Greg Anderson
- Julia Andrews
- Philip Armstrong
- L. Eugene Arnold
- Janice Aski
- Gordon Aubrecht
- Christine Ballengee-Morris
- Nicholas Basta
- Paul Beck
- Misha Belkin
- James Belknap
- Nina Berman
- Diane W. Birckbichler
- Enrico Bonello
- Jason Box
- Sergey Brodsky
- John Brooke
- Charles Brooks
- Philip Brown
- Claudia Buchmann
- Timothy Buckley
- Cynthia Burack
- Richard Busick
- Snjezana Buzov
- Greg Caldeira
- Luis Cañas
- Scottye Cash
- Roger Cherry
- Jeffrey Cohen
- Benjamin Coifman
- Leo Coleman
- Mathew Coleman
- R. Dawn Comstock
- Elizabeth Cooksey
- Roger Crawfis
- Edward Crenshaw
- Alison Crocetta
- Peter Curtis
- Marcelo Dapino
- Ian Davis
- Ana Del Sarto
- Richard Dick
- Rebecca Dupaix
- Michael Ellis
- Nancy Ettlinger
- Bill Form
- Reanne Frank
- Mary A. Fristad
- Brian McSpadden Gardener
- Ben Givens
- Prem Goel
- Harvey Graff
- Terry Graham
- John Guilmartin
- Susan Hadley
- Kai Hammermeister
- Susan Hartmann
- Tom Hawkins
- Andrew Heckler
- Ulrich Heinz
- David Herman
- Dan Herms
- Joan Huber
- John H. Hughes
- Shahrukh
Irani
- Pranav Jani
- Susan Jones
- Roy Joshua
- Robin Judd
- Stephen Kern
- Rebecca Kim
- Ousman Kobo
- Fabio Leite
- Kristi Lekies
- Thomas Lemberger
- Michael Lisa
- Linda Lobao
- Steven Lopez
- Mark Loux
- Doug MacBeth
- Becky Mansfield
- Jay Martin
- Sandip Mazumder
- Gail McKoon
- Timothy McNiven
- Daniel Mendelsohn
- May Mergenthaler
- James Metzger
- David Neal Miller
- Sally Miller
- Margaret Mills
- Rabi Mishalani
- James Mulick
- Darla Munroe
- Jane Murphy
- Jan Nespor
- Terry Niblack
- Dorothy Noyes
- Lynne Olson
- Rick Parent
- Mark Partridge
- Popat Patil
- Dennis Pearl
- Cynthia Preston
- Ana Puga
- Feng Qin
- Charles Quinn
- Stuart Raby
- Cathy Rakowski
- Rajiv Ramnath
- Mohit Randeria
- Daniel T. Reff
- Melinda Rhoades
- Elaine Richardson
- Jenny Robb
- Patrick Roblin
- Nathan Rosenstein
- Randy Roth
- Jim Sanders
- Thomas Santner
- Scott Scheer
- Barry Shank
- James Shaw
- Louisa Shea
- Tao Shi
- Ness Shroff
- Amy Shuman
- Jennifer Siegel
- Suzanne Silver
- Paul Sivilotti
- Todd Slaughter
- Vladimir
Sloutsky
- Birgitte Soland
- Carolyn Sommerich
- Neelam Soundarajan
- Kimberly Springer
- David Steigerwald
- Dan Strunk
- Vish Subramaniam
- Jennifer Suchland
- Xiaodong Sun
- Ken Supowit
- Heather Tanner
- Mary Thomas
- Richard Torrance
- Abril Trigo
- Trish Van Zandt
- Laura Wagner
- Joel Wainwright
- Mark Walter
- Leon Wang
- Yusu Wang
- Sabra Webber
- Linda Weavers
- Bruce Weide
- Joseph Williams
- Kristi Williams
- Andrea Wolfe
- Judy Wu
- Mei Zhuang
- Mark Ziolo