REPORT TO STADIUM AUTHORITY BOARD
SUBJECT
Title
Information Report from Stadium Manager on College Football Playoff 2019 National Championship Game Preparation
Report
BACKGROUND
As announced in November 2015, Levi's Stadium will host the College Football Playoff (CFP) National Championship on January 7, 2019. CFP events in both Santa Clara and San Jose will begin January 4, culminating with the game at Levi's Stadium.
On July 17, 2018, the Santa Clara Stadium Authority (SCSA) Board approved the Assignment and Assumption Agreement by and between Bay Area Host Committee (BAHC) and Forty Niners Stadium Management Company, LLC (ManCo) for the CFP 2019 National Championship Game Agreement. The Forty Niners Football Company LLC (Forty Niners) incorporated BAHC in January 2018 to take on the rights and obligations of this event. The Board approved agreement ensures no financial losses to SCSA, with terms for BAHC to (1) pay for all CFP-related expenses for all actual public services/workforce costs; (2) share any net revenues with SCSA, if applicable; and (3) provide a complete accounting of all revenue and expenses and BAHC's annual financial audits for the fiscal years that contain Stadium Authority related expenses to the SCSA Executive Director.
DISCUSSION
In preparation for the CFP National Championship, ManCo and SCSA staff are currently cooperatively planning for the CFP events.
Stadium Manager Jim Mercurio will present an update regarding planning for the CFP events. ManCo and SCSA staff will continue providing updates to the SCSA Board with additional detail as the event date approaches.
ENVIRONMENTAL REVIEW
This is an information report only and no action is being taken by the City Council and no environmental review under the California Environmental Quality Act ("CEQA") is required.
FISCAL IMPACT
There is no impact to the City as all City costs related to the CFP event including planning and close-out are fully reimbursed by the BAHC.
COORDINATION
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