Prim has Sept. 21 deadline to close on park financing

(By Laura Graff, Winston-Salem Journal) - Billy Prim, the developer of Winston-Salem's downtown baseball stadium, will have to close on financing for the stadium and resume construction by Sept. 21 or risk losing $15.7 million in city loans, grants and financing to help get the project finished.

The Winston-Salem City Council set the deadline last night but did not decide what would happen to the project if Prim doesn't meet the deadline.

In other stadium news, a member of the Citizens Baseball Stadium Review Committee has resigned because, according to his resignation letter, the committee's first report to city-council committees was "largely channeled by city staff" and "fell short of expressing many of the serious concerns discussed by the committee."

The member, Howard Hudson Jr., declined to comment yesterday beyond the statements he made in his resignation letter on Friday.