The Centennial Authority was created by an act of the General Assembly in 1995 to study, design, plan, construct, own and operate a regional, multi-purpose facility, which was to become the PNC Arena and home to tenants North Carolina State Wolfpack men’s basketball and the Carolina Hurricanes hockey franchise. Twenty-one members serve as a volunteer board appointed by leaders from the State of North Carolina, Wake County, the City of Raleigh, and the Wake County Mayors. The Chancellor of North Carolina State University serves in accordance with the authorizing statute. Since the arena opened on October 29, 1999, the Authority, as owners, continue to provide facility oversight, finance monitoring, operations, upgrades, new additions and all activities associated with owner responsibility of ensuring this multi-million dollar, multi-purpose arena will remain a first-class facility for the people of the state and region that it serves.        

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