The council has been forced to spend $55,000 to bring in a team of Auckland-basedindependent reviewers from global auditing firm PricewaterhouseCoopers, to determine the final cost of building the stadium.
University of Otago chief operating officer John Patrick said the council had not completed its invoicing requirements to the university for its share of the funding contribution towards the development of the Awatea St site.
The university and the council are parties in a legal agreement with Dunedin Venues Management Ltd and the Carisbrook Stadium Charitable Trust called the Development Relationship Management Deed.
The Otago Daily Times requested a copy of the deed from the university under the Official Information Act in November, but it declined for reasons of "commercial sensitivity".
However, the deed was released last week after a second request by the ODT when Dunedin Mayor Dave Cull and DCC chief executive Paul Orders announced the impending review of the stadium finances.
"The decision is not a U-turn, as the situation has changed since November," Mr Patrick said.
"The project was effectively completed in December 2011 and all four parties involved agree that it is now appropriate to release the document." The 28-page development deed was signed on behalf of the university by chancellor John Ward and its council member Lorraine Isaacs on July 13, 2010.
The deed sets out the "relationship principles" governing processes between parties involved in the development of the stadium site.
The university made an interim payment of $2 million (including GST) to the DCC late last year.
The deed includes disclosure provisions, which ensure all parties must first agree before any communications are made to third parties.
Mr Patrick said none of the parties had invoked any of the clauses, which pertain to the resolution of disputes, mediation to settle differences, or arbitration.
Cost-sharing with the council over the University Plaza remained an "outstanding matter" and exactly who paid what was still to be resolved, he said.
A "cost-sharing mechanism" schedule in the deed describes a 50% share agreement between the university and council.
A capital works financial report from the university lists the total budget for the stadium plaza building as $46.2 million, with another $4.7 million for landscaping at the site.
Mr Patrick and university property services director Barry MacKay are to be involved in the review of the stadium project with PWC staff.
The latest cost of the project before the review, updated last week by the council, was $203.6 million - $198.1 million for the project, and $5.5 million of "extras" added last year.
