[1] Street parking in urban neighborhoods is mostly controlled by the franeleros (from franela, the red rag they wave to gain the attention of drivers), a.k.a.
[2] The requested fee can be as high as 200 to 300 pesos (USD 9.87 to 14.8), for example during sports events in the area surrounding the Plaza México bullring (the world's largest) and the Estadio Azul soccer stadium.
[5] In order to mitigate that and other problems and to raise revenue,[6][7] 721 parking meters (as of October 2013), in Spanish parquimetros, have been installed in the west-central neighborhoods Lomas de Chapultepec, Condesa, Roma, Cuauhtémoc, Juárez (including the Zona Rosa), Polanco and Anzures, in operation from 8 AM to 8 PM on weekdays and charging a rate of 2 pesos (USD 0.1) per 15 minutes, with offenders' cars booted, costing about 500 pesos (USD 25) to remove.
30% of the 16 million peso (USD 789344) per month (as of October 2013) parking meter income from the system (named "ecoParq") is earmarked for neighborhood improvements.
The granting of the license for all zones exclusively to a new company without experience in operating parking meters, Operadora de Estacionamientos Bicentenario, has generated controversy.