But it has agreed only to a watered-down version of amendments asked for by three councillors.
Political grouping Greater Dunedin - Crs Dave Cull, Kate Wilson and Chris Staynes - sought seven amendments to conditions the council set in March.
The three have generally opposed the stadium but proposed the amendments, they said, to decrease the risk the project posed to ratepayers.
The council also sent a clear message to the Otago Rugby Football Union that it was time it played its hand and settled agreements with the trust about the future of Carisbrook.
Trust chairman Malcolm Farry last night said the trust could meet the timeframes included in the amendments that were carried, but the one relating to the rugby union was "unhelpful".
Opposition group Stop the Stadium president Bev Butler said the move was a good attempt by Greater Dunedin to reduce the "enormous risk" posed by the project, but the council had fallen behind the Otago Regional Council in placing tight conditions on the trust.
The Greater Dunedin councillors wrote a series of amendments to the original conditions which were designed to give the trust a list of milestones to reach as it continued the project.
The amendments added timeframes and funding targets.
One amendment the council supported gave a November deadline for the council to approve agreements between the trust and the ORFU for the sale and purchase of its assets, which include Carisbrook.
Another required the trust to show it had a minimum of 60% of the private sector funding it had to raise before the council made its next decision on whether to keep funding the project in February; and the council had to be satisfied with the progress on the balance and any bridging finance that had to be raised.
The final amendment the council agreed was that the Community Trust of Otago confirm its funding before the February decision.
Amendments Greater Dunedin could not push through included setting a time limit for the University of Otago to sign a contract, confirming prices, by December 1, and that 50% of the $20 million of non-ratepayer money the council had committed to raising be in place before February.
Another, setting an October date for confirmation of the council's district plan change, was withdrawn by Cr Cull.
He said his intention was to minimise the risk of the project.
"Any advance is better than none."
Asked if the group's tactic meant he would vote for the stadium if the conditions, with the group's amendments, were met, he said: "I probably couldn't.
"Even if everything came in on target, it's still too risky."
The success of the group's amendments could have been different if stadium opponents Fliss Butcher and Teresa Stevenson had not left before the debate.
Cr Cull said after the meeting if they had remained and "done their job", more of the amendments would have been passed, as most fell or survived by a 6-4 vote.
Neither councillor could be contacted last night.
Cr Staynes did not attend the meeting.
