Parking meters are expected to sprout from Wollongong CBD footpaths as early as March, after Wollongong City Council administrators last night accepted a tender to install 141 parking ticket machines.
The machines will service 850 of the 1440 parking spaces in the city centre.
Reino International was selected from six companies vying for the contract, and will be responsible for supplying and installing the machines and maintaining them for two years.
Administrator Col Gellatly said the meters were part of the broader Inner City Parking Strategy which includes a number of measures to increase parking turnover and promote the use of public transport, cycling and walking in the heart of Wollongong.
Dr Gellatly said $2.4 million had been allocated to the project.
Paid parking will apply during business hours and Saturday mornings and allow for a resident parking scheme.
"It will be a flat $2 fee, but times for parking will vary in various spots," Dr Gellatly said.