HIGH POINT, N.C. -- The city of High Point has received approval from the state Local Government Commission to finance the multi-use stadium downtown.
Follow WFMY News 2 on Facebook and Twitter
The city is expected to pay more than $36 million to fund the stadium. The money will come from property tax revenue from development around the stadium.
City leaders recently broke ground on the new stadium. It's expected to open in the Spring of 2019.
► Make it easy to keep up to date with more stories like this. Download the WFMY News 2 App now
© 2018 WFMY-TV