Local
4:12 pm
Wed July 11, 2012

City Council Approves Stadium Bond Referendum

Last night, Wilmington City Council voted in favor of resolutions regarding the proposed baseball stadium and announced a potential location. 

City Council’s approval of three resolutions puts the city in a position to finance a baseball stadium should Wilmington voters approve the issuing of a general obligation bond.  That referendum will be on the November ballot.  City Council members say that the $42M previously discussed represents the highest estimate for construction costs.  Actual costs could be as low as $20M.  The city will meet with Mandalay and the Braves in the coming weeks and present final figures on the stadium project in a public hearing scheduled for August 7th.

Separately, the city announced #10 Harnett Street as a potential site for the stadium.  Construction at the location has already begun on the marina and hotel. Andrew Jarachovic, WHQR News.