The parking meter experiment is about to end in Stoney Creek and Waterdown.
City politicians have voted to remove the meters, as requested by the councillors who represent the areas, following a two year trial period.
They generated only about one-third of the revenues that had been expected, while posing what Brad Clark terms an "ongoing challenge for local businesses".
The decision must still be ratified by city council at its next meeting.
As of Friday afternoon, the 2012 property tax increase has been cut to 1.4% or about 48 dollars on a Hamilton home valued at about 260 thousand dollars. That figure remains fluid since budget talks will continue for at least a few more weeks.