N&R reports the City of Greensboro and N.C. A&T State University have reached a deal in principle for the university to take over 89-year-old War Memorial Stadium:

n a letter Monday from A&T Chancellor Harold Martin to Greensboro City Manager Jim Westmoreland, the university agreed to pay the bulk of the costs to renovate the venerable ballpark. The city will contribute $1.5 million toward repairs.

The deal still must be approved by both City Council and A&T’s Board of Trustees. Martin in the letter said he hopes A&T can take over the stadium by June 30.

“Significant renovations to the stadium will allow it to continue to be home to our baseball team and provide the university with an additional venue to serve students, alumni and the community,” Martin wrote.

Renovations to the stadium’s grandstand, bathrooms and locker rooms are estimated to be “at least” $4 million.