An agreement has been reached between Arch Insurance and the city of Hartford regarding Dunkin Donuts Park.
The company has agreed to take over the baseball stadium project, and will pay for it as well.
Arch Insurance said on Tuesday it guarantees baseball will be played in 2017.
Which means they will choose the construction company that will complete the stadium.
Centerplan was fired after it didn't meet the deadline that caused the Yard Goats to play the majority of their games on the road.
Centerplan could be called back...but that decision is solely Arch's.
The city will use up the money in the stadium account, which is $4.4 million.
Mayor Luke Bronin said taxpayers will not be responsible for anymore of the cost…that will all be on Arch.
"Our goal going into this was to make sure we didn't have to borrow any more taxpayer dollars or ask the taxpayers to put in anymore money up than they've already put up for the completion of the stadium," Bronin said."(This) Represents a significant step forward in completion."
So the new time frame is still being worked out, but opening day next year is in April.
Stay updated with Eyewitness News as more information becomes available.
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