WHILE citing the need for regulatory parking measures to be implemented in the city, the Georgetown Mayor and City Council has dispatched the amended parking meter by-laws to Minister of Communities Ronald Bulkan for his signature.

According to a release from the M&CC, the parking meter re-negotiation committee has made adjustments to several parts of the controversial parking-meter contract including price, payment for space, sanctions and how profits would be shared.
According to the M&CC, “there is serious problem of traffic congestion” in several parts of Georgetown, including the central business district. As such, it cited the urgent need for the Council to implement regulatory parking.

The Council said that it has received the endorsement of many private citizens and some companies on the implementation of the project. In addition, it was noted that other benefits of the project would be the provision of employment for approximately hundreds of persons, reduce traffic congestion, improve mobility and increase parking space availability. “The City of Georgetown will collect revenue and re-invest it into local communities,” the council said.

It stated that the Greater Georgetown Development plan endorses regulatory parking. The Municipal and District Council Act 28:01 empowers the Municipality to regulate and control parking in the City of Georgetown.