Southwark Council is to allocate £82,750 towards a feasibility study and consultation on setting up a controlled parking zone (CPZ) for Rotherhithe and Surrey Quays.
A controlled parking zone is an area where all parking is restricted to people who hold permits, vouchers or pay and display tickets. Around half of the borough of Southwark currently falls within a CPZ.
The funding for a CPZ study in Rotherhithe is part of a £1 million package of projects funded by section 106 contributions from developments in the area set to be approved by the council’s planning committee on Tuesday night.
Read the full council report here (PDF).
The council has a guide to how controlled parking zones work on its website.