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[comment caption=Do you think the ORC made the right decision?]The decision commits the Otago Regional Council to a contribution of $37.5 million towards the $188 million project. Councillors now have to discuss the details of the funding.
The decision came at a meeting of the council's finance and corporate committee meeting, when councillors had to decide whether to recommend to the full council to fund the stadium, with conditions, or not at all.
Carisbrook Stadium Trust chairman Malcolm Farry has always said the stadium needed funding commitment from all parties before the $188 million project could go ahead.
ORC chairman Stephen Cairns said before the meeting it was a potential "show stopper".
"The ORC has never before addressed a funding issue of this magnitude and contestability."
The meeting follows public consultation during the draft annual plan and long-term community plan over the council's involvement in funding the stadium, which resulted in 177 of the 234 submissions made on the stadium opposing it.
Only 13 submissions were in favour.Since then, the council had received 200 emails supporting the proposal and 16 against.