Yardgoats stadium may cost millions more than expected - WFSB 3 Connecticut

Yardgoats stadium may cost millions more than expected

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A report is expected to be released showing Yardgoats Stadium will cost millions more than expected.

Independent auditors for the city of Hartford said although it was initially predicted the stadium would cost $63 million, it be be closer to $100 million.

Bruce Rubenstein is an independent auditor for the city. He said he is concerned for Hartford's financial state.

"The city could go bankrupt over this and other things," said Rubenstein.

He said city leaders were advised against building the stadium, but did it anyways.

It is expected to cost at least $40 million more than original estimates.

"The numbers looked totally bogus--and I gave testimony on a couple of things that were totally bogus at the time- and it turned out to be right," said Rubenstein.

The city is now waiting on Arch Insurance to take over the project.

"The architect that arch insurance has engaged in is continuing to do their work and we are continuing to negotiate with Arch Insurance on the terms of their involvement," said mayor Luke Bronin.

To make matters worse, the developer who was fired is suing the city. Now litigation could tie up development for years.

Despite the problems, the team's owner has stayed positive.

"We missed all of our 2016 season in Hartford and played on the road. I'm committed to the city of Hartford. I'm committed to our fans. I'm committed to our sponsors and I'm going going to do everything in my power to ensure that we have a home ballpark to play in 2017," said Solomon.

The audit report will come out next week and Centerplan, the developer and the city will be back in court battling it out.

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