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Are there price controls in place to avoid construction-related cost overruns beyond the pre-development phase?

avoid construction-related controls COST overruns phase pre-development price
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Are there price controls in place to avoid construction-related cost overruns beyond the pre-development phase?

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Yes. The city and Peregrine LLC have agreed upon a maximum contribution from the city. This amount is $2.5 million, which is already in the Capital Reserve Sub-Account of the Spectator Facilities Fund. Peregrine LLC is responsible for costs incurred above this amount.

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