That credit line is used to provide funding for setting up the parking systems.
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In addition, a growing number of car models have the option of self-parking systems.
Researchers at Xerox have designed algorithms and implemented dynamic parking systems in Los Angeles that change the way we park.
Despite these incidents the operator, Robotic Parking Systems, insists that cars are less likely to suffer accidental damage than in a traditional car park.
Parking systems will inevitably become more elaborate in the coming years.
The project was built by Automotion Parking Systems, and utilizes the automated parking systems developed by Stolzer Parkhaus, whose first automated parking facility opened in 1994.
There are several companies producing automated parking systems, including U-ParkIt in New Zealand and Stolzer Parkhuas in Germany, but the basic principle behind all systems is the same.
But Mr. DeBlasio also cast doubt on the rationale for which Deputy Mayor Robert Steel said the city would be willing to consider a private operator: the chance that a for-profit vendor would more readily embrace new technologies and parking systems.
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Ultrasonic sensors measure distance and, in the most basic parking-assistance systems, simply bleep with increasing anxiety as an obstacle gets closer.
Automakers use tiny cameras for parking-assist systems and to eliminate blind spots.
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Side-mounted sensors detect and measure parallel-parking spaces for parking-assistance systems.
Instead, look for the technology to roll out gradually, building on systems that are already available, like adaptive cruise control, active braking, lane-keeping systems and parking assist.
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An appeals court in Georgia soon will address another question with multibillion-dollar ramifications, which is whether bondholders who lent money secured by the revenues from specific projects like parking garages and sewer systems can seize control of those assets when municipalities default.
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The remake of traffic systems, rebuilding cities on smarter grid systems, synchronizing parking, possibly reinventing entire markets to reward drivers for sustainable activity, and actually re-imagining vehicles themselves will lead us not only to better cars, but possibly better cities and an easier way of living.
The current systems wring too little parking revenue from city-dwellers and maximize their frustration.
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As adaptive cruise controls, self-parking options and automated-braking systems gradually become more capable and widespread, it is not a big leap to full autonomous control.
Some streets will temporarily become one way systems and others will have parking restrictions.
Neighbours have raised concerns that it could create a lack of parking in the area and cause problems with the drainage systems.
Among other cities that have recently experimented with new parking technologies, some, including San Francisco, have introduced dynamic pricing systems that raise and lower the cost of a space in order to control the supply of available on-street spaces.
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S-Class has high-tech systems to help with planning routes, avoiding traffic jams, and parking in tight spaces.
Piloted cars are different from the auto-pilot systems already found in luxury cars and jetliners that allow for efficient parking and landing.
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Though both companies are coy about bandwidth and compression, in brief trials both systems generally sounded good, even smack in the middle of a big aboveground parking structure.
The G-wagen also gets into step with the latest generation of Mercedes's infotainment and Internet systems, as well as safety tech such as (optional) adaptive cruise control, parking assist and blind-spot assist.
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