Funding has been secured for a new $300,000 parking lot in downtown Montauk that is being planned for construction before throngs of vacationers descend on the resort hamlet next summer.

The announcement of the funding was made Tuesday at a news conference held by Assemb. Fred W. Thiele Jr. (I-Sag Harbor) and East Hampton Town officials at the site of the new lot -- an approximately 100-by-100-foot wooded area at South Edison Street and South Euclid Avenue.

Town Supervisor Larry Cantwell said the lot would provide 30 to 40 additional public spaces and help alleviate some of Montauk's ongoing parking woes that worsen during the summer months when the hamlet's year-round population of 3,000 can swell to 30,000.

The new parking facility will be across the street from an existing municipal parking field and near the post office.

Officials said $250,000 in state capital funding secured by Thiele and $100,000 of the same funding secured by state Sen. Kenneth LaValle (R-Port Jefferson) will be used to construct the lot.

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After a chaotic Fourth of July weekend, year-round residents and some business demanded local officials get control over overcrowding, parking and pedestrian safety and other issues connected with disruptive summertime visitors.

"Our goal is to get it built before next summer," Cantwell said of the new lot. "We have a preliminary design but it has to be reviewed by the CAC (Montauk Citizens Advisory Committee) and others. We're trying to meet another need in Montauk."

Since the summer, town board members have instituted or have been considering a number of measures to bring more control to Montauk during the summer vacation season.