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CENTENNIAL ARENA PRICE TAG KEEPS GOING AND GOING AND...
Published June 5, 1998
The price of Raleigh's Centennial Arena, future home of the Hurricanes and N.C. State Univ., has increased by $20M, putting the cost of the arena at $152M, according to Laurie Willis of the Raleigh NEWS & OBSERVER. Centennial Authority Chair Steve Stroud said the price increase "reflects construction delays caused by unusually wet weather that has slowed work." Since the beginning of construction, there have been "well over" 60 bad weather work days. Stroud "suggested" that the Authority might ask for more support from the city and Wake County. But Raleigh Mayor Tom Fetzer, who was already an opponent of the arena, said that he "doesn't plan to give another dime" to the project. Fetzer: "Not in this lifetime. This will be the third time they've gone to that well" (Raleigh NEWS & OBSERVER, 6/5).