The Georgetown Mayor and City Council (M&CC) is expected to make a presentation to Cabinet next week in relation to the controversial amended parking meter By-laws.This was revealed by Communities Minister Ronald Bulkan on Wednesday, who said following that presentation, Government will make a final determination about the project going forward.Bulkan said he has always been on record as supporting the initiative of having parking meters, which is intended to help to restore order to the current chaos faced in the city when it comes to parking.“…the contract that is engaged in, has to be one that is not burdensome to the population. The benefits have to be equitably shared between the concessionaireA parking meter in downtown Georgetownand the Council,” he added.Bulkan noted that a lot of those features were not present in the initial contract, and acknowledged that is precisely why the By-laws had to be rescinded by Government.“It is our hope that the amended contract satisfies the concerns that were expressed by the Ministry of Finance and by the Attorney General’s Chambers… this review and assessment will be done by Cabinet at its next meeting following a presentation by the Georgetown municipality,” he added.Based on a unanimous decision taken on April 4, 2018, the M&CC approved the amended parking meter By-laws. However, only two Councillors opposed the By-laws at the time. Khame Prakash Sharma and Bishram Kuppen argued that the By-laws were in support of a contract that still remains unfair to citizens.The amended By-laws were then presented to the Minister in May 2018 for consideration.The amendments proposed that persons pay $150 per hour and $800 for eight hours of parking in Georgetown. Meanwhile, residents of the city would be issued with a restricted residential pass for free parking from 17:00-19:00h Monday to Friday, while parking will be free on Saturdays.Under the modified contract, both parties had agreed to have an oversight committee set up to monitor, review, and manage the project. The committee is expected to have three representatives from M&CC, three from Smart City Solutions (SCS), and one third party also involved in the process.During renegotiations between M&CC and SCS, the subject of shared profit and contractual obligations were discussed, and it was agreed to have it remain the same being the 20/80 for a period of 20 years. It was also disclosed that in the event of arbitration, the proceedings would be held in Miami, instead of here.Rejecting parking metersDespite these new proposals, the Georgetown Chambers of Commerce and Industry Inc (GCCI) and the Movement Against Parking Meters (MAPM) have both rejected the project’s return. From the onset, MAPM and the business community have been opposed to the installation of parking metres in the city.The Opposition People’s Progressive Party (PPP) has also maintained its non-support for this initiative.Opposition Leader Bharrat Jagdeo still believes that the metering system is not the best arrangement to assist with the reduction or organisation of traffic within the country’s capital city.Jagdeo said the PPP will continue to oppose the initiative for several reasons, chief of them, the fact that the initial contract was flawed. He had also raised concerns about the persistence and continuous interest to have this project re-implemented even when the company is faced with several known controversies.Jagdeo had pitched a proposal where the M&CC could gain more income and treated the parking of vehicles in a much different way as they did before.“The City Council… all they need is maybe 1000 gallons of paint and go around and mark every area in the city and once per month, sell a sticker for $1000 or $2000 and people pay you and they park anywhere in the city once they have the sticker on the vehicle itself,” he explained.That plan, he claimed, is more affordable and takes away the huge administrative cost that the M&CC would have to incur were they to go ahead with reintroducing the parking meters.