The temporary one-way system in place due to an ongoing legal battle over wall repairs at the Glen Hotel could be in operation until March 2015.
The council has extended the traffic orders to keep it in place, with a report due to go to public consultation soon on long-term plans, Councillor Gordon Edgar has said.
This follows local councillors being asked for their views on the options available.
“The council will prepare a report on the officer’s proposals and our response and that will be put out to public consultation, and then hopefully we can get something implemented that the public will accept,” Mr Edgar said.
“I had hoped that would have been out mid-September, but with the holidays it is likely to be the end of September or early October. I hope the situation can be resolved quickly, but it will be a 12-week consultation process.”
The one-way system was implemented early last year due to the dangers of a crumbling wall at the Glen Hotel, and the fact residents opposed no parking along Buccleuch Road to keep it two-way.
The council and owners of the hotel, which is now for sale, are in a legal dispute over who is responsible for repairs.
Mr Edgar said an ongoing issue is that the one-way system does not show up on satellite navigation systems.
“Sat-navs don’t recognise it and drivers using them are being told to go against the flow, and that is causing a great deal of concern, but until we have a permanent system in place that cannot be resolved.”
A council spokesman said: “A draft report was taken to local councillors to discuss how to proceed and officers are currently preparing a consultation exercise on a longer term proposal for the area.
“The intention is to then go to Eildon Area Forum with the proposals thereafter.”