REPORT TO STADIUM AUTHORITY BOARD
SUBJECT
Title
Action on Stadium Authority Bills and Claims for the Month of February 2025
Report
BOARD PILLARS
Enhance Community Engagement and Transparency
Ensure Compliance with Measure J and Manage Levi's Stadium
BACKGROUND
Disbursements made by the Stadium Authority are based on invoices submitted for payment. Prior to payment, staff reviews all disbursement documents to ensure that the invoiced goods or services have been provided.
The Bills and Claims listing represents the cash disbursements required of normal and usual operations during February 2025. Budget control is set by the Stadium Authority Board through the budget adoption process.
DISCUSSION
At its March 12, 2024 meeting, the Stadium Authority Board adopted the Santa Clara Stadium Authority Fiscal Year 2024-25 Operating, Debt Service, and Capital Budget which runs from April 1, 2024 to March 31, 2025. Significant expenditures (greater than $5,000) paid in February 2025 include:
* Payments totaling $336,988.73 to the City of Santa Clara for the following:
o $228,895.53 for reimbursement of General and Administrative (G&A) City payroll costs (e.g., Executive Director's Office (City Manager's Office), Stadium Authority Counsel's Office (City Attorney's Office), and Treasurer's Office (Finance Department))
o $108,093.20 for Senior/Youth Fees for NFL Games 8-10 and Year-End True-Up
* Payment totaling $1,415,444.32 to Forty Niners Stadium Management Company, LLC for February 2025 Stadium Manager Expenses, inclusive of Shared Stadium Expenses
* Payment totaling $5,344.70 to InTWO, Inc for Financial Management System Monthly Services (January 2025)
* Payment totaling $55,819.15 to O.C. McDonald Co., Inc. for Capital Expenditure (CapEx) Project - Plumbing (Boilers)
Names of law firms have been redacted from the Bills and Claims report. The Supreme Court of California in Los Angeles County Board of Supervisors v. Superior Court, (2016) 2 Cal.5th 282, held that inv...
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