This was decided at a special meeting of the council held on Friday. Besides, the civic body has also decided to install high-mast lamps in areas surrounding the municipality. The land identified for building a parking lot is owned by one Arun Rao, who has reportedly agreed to lease out 3,806 sq mts of the same to the municipality. MMC Chairperson Ryan Braganza said, “Arun Rao is willing to lease out a portion of his land to the municipality for building a ‘pay parking’ lot; and the income will be shared between the owner and the municipality.”