REPORT TO STADIUM AUTHORITY BOARD
SUBJECT
Title
Informational Report Transmitting Levi's(r) Stadium Manager Responses to Stadium Authority Board Inquiries
Report
BACKGROUND
On June 8, 2010, the voters of the City of Santa Clara approved Measure J, which authorized the City to move forward with the development of a stadium suitable for professional football and other events. The Santa Clara Stadium Authority (Stadium Authority), a joint exercise of powers entity created through Government Code section 6500 et seq., is a public entity formed to facilitate the development and operation of the Stadium Project and to fulfill the mandates of Measure J. The seven elected members of the City Council serve as the governing board for the Stadium Authority (Board). The Stadium Authority Executive Director is the chief executive officer of the Stadium Authority and is responsible to the Board for the proper and efficient administration of all affairs of the Stadium Authority.
Through the Stadium Management Agreement (Management Agreement), the Stadium Authority has engaged the Forty Niners Stadium Management Company LLC (Stadium Manager) to provide management services for the Stadium, including overseeing the day-to-day operations and maintenance of the Stadium as well as the marketing and booking of Non-NFL Events.
Stadium Authority staff presented the Stadium Authority Financial Status Report for Quarter Ending September 30, 2018 to the Board on December 11, 2018. During their discussion of this report, the Board made the following inquiries related to the hosting of events at Levi's(r) Stadium:
1. Parking costs - can event day costs to park in parking lots be lowered?
2. Field Level Seats and Stadium Builder Licenses (SBLs) - why isn't the City/Stadium Authority receiving SBL revenue for the field level seats that were added in 2018?
3. Taylor Swift tickets - Explain why the public safety costs are almost the same since the number of tickets sold per night differs...
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