The cost of feeding a parking meter in downtown St. John's, and especially for not doing so, is set to jump as the city raises cash for new spaces.

The city plans to phase in a variety of changes, including raising the fine for a parking ticket to $25 from $15.

The new plan would see the cost of an hour's stay at a meter jump from $1 to $1.25.

Under a plan approved by city council, the collected revenues would flow into a fund that would be used to create more parking spaces.

Details of the plan were unveiled at Monday evening's city council meeting.

Residents approached by CBC News said they could accept the new fees and fines, at least as the city plans to sell the package.

Resident Jessica Swift said the city would have to live up to a commitment to relieve the parking crunch downtown.

"I would go ahead and increase the parking tickets and the cost of parking, as long as we get something out of it," she said.

"It's quite a hassle parking down here. It's quite expensive, too," said downtown worker Todd Churchill.

"It's an expense a lot of people working [in] other locations don't have to bear."

Lorraine Dyke noted much of the money would come from heftier parking fines.

"I won't object, you know. I may grumble occasionally, especially if I get a parking ticket, I'll really grumble, but I'd try not to do that," she said.