REPORT TO STADIUM AUTHORITY BOARD
SUBJECT
Title
Action on Bills and Claims for the month of September 2018 (Stadium Authority)
Report
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 they are in compliance with the goods or services provided.
The Bills and Claims listing represents the cash disbursements required of normal and usual operations during the period. Budget control is set by the Stadium Authority Board through the budget adoption process.
DISCUSSION
Significant expenditures in this time period include:
• Payments totaling $866,631 to Forty Niners Stadium Management Company LLC (ManCo) for stadium operations costs such as staffing, supplies, and equipment.
• Payments totaling $308,568 to Nex Systems for the capital expense (CapEx) project related to the terrazzo floor restoration and epoxy coating improvements.
• Payments totaling $148,816 to various vendors for the following CapEx projects: (1) Access Control System, (2) Public Safety Equipment, and (3) Stadium Field Conduits.
• Payments totaling $90,000 to KPMG, LLP for the Fiscal Year 2017/18 audit.
• Payments totaling $81,846 to the City of Santa Clara for reimbursement of City staff time.
• Payments totaling $44,506 to the City of Santa Clara for the Senior and Youth Fees collected ($0.35 per ticket) for two National League Football (NFL) games held in September.
ENVIRONMENTAL REVIEW
The action being considered does not constitute a “project” within the meaning of the California Environmental Quality Act (“CEQA”) pursuant to CEQA Guidelines section 15378(b)(4) in that it is a fiscal activity that does not involve any commitment to any specific project which may result in a potential significant impact on the environment.
FISCAL IMPACT
There is a $1,603,932 fiscal impact to the Stadium Authority.
COORDINATION
This report has been coordinated with the Stadium Authority Counsel’s Office.
PUBLIC CONTACT
Public contact was made by posting the Council agenda on the City’s official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City’s website and in the City Clerk’s Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk’s Office at (408) 615-2220, email clerk@santaclaraca.gov <mailto:clerk@santaclaraca.gov> or at the public information desk at any City of Santa Clara public library.
RECOMMENDATION
Recommendation
Approve the list of Bills and Claims for September 2018.
Staff
Reviewed by: Angela Kraetsch, Treasurer
Approved by: Deanna J. Santana, Executive Director
ATTACHMENTS
1. 2018-09 SCSA Bills and Claims