MONCTON, NB – With the location for a new downtown sport and entertainment centre finally nailed down, Moncton’s  attention can now turn to figuring out how to pay for it.

With an estimated price-tag of 100-million dollars, a lot of work remains ahead of the city before the new events centre becomes a reality.

Mayor George LeBlanc is still hoping the other two levels of government will agree to chip in, but adds they will be looking for private sector involvement as well.

Premier David Alward says he’s pleased that the city has chosen a site for the project, which his government supports “in concept”….

“We need to know it is viable long-term and from a cost-perspective as well.  We also need to know that the proper funding partners are going to be around the table.” says Alward.
    
The city has until the end of the year to exercise it’s option on the Highfield Square property.

The parcel of land will cost 6-million dollars.