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Legislative Public Meetings

File #: 20-755    Version: 1 Name:
Type: Consent Calendar Status: Agenda Ready
File created: 8/10/2020 In control: Council and Authorities Concurrent Meeting
On agenda: 10/13/2020 Final action:
Title: Action on Stadium Authority Bills and Claims for the Months of May through August 2020 [Board Pillar: Enhance Community Engagement and Transparency]
Attachments: 1. May 2020 SCSA Bills and Claims, 2. June 2020 SCSA Bills and Claims, 3. July 2020 SCSA Bills and Claims, 4. August 2020 SCSA Bills and Claims
REPORT TO STADIUM AUTHORITY BOARD

SUBJECT
Title
Action on Stadium Authority Bills and Claims for the Months of May through August 2020 [Board Pillar: Enhance Community Engagement and Transparency]

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
On April 30, 2019, the Stadium Authority Board directed staff to stop payment of any Stadium Authority invoices for services unless there is substantial documentation of services rendered, which must also be in compliance with State law and City Code. Since April 30, 2019, staff received direction to pay Stadium Authority invoices related to SBL sales and services, insurance, and utilities.

Significant expenses in May 2020 include:

* Payment totaling $676,000.00 to Forty Niners Stadium Management Co, LLC for May Stadium Manager expenses:
o $266,000.00 for May 2020 Stadium Manager Expenses - Utilities
o $86,000.00 for May 2020 Stadium Manager Expenses - Insurance
o $202,000.00 for May 2020 Stadium Manager Expenses - SBL Sales
o $122,000.00 for May 2020 Stadium Manager Expenses - G&A/Lender Fees

* Payments totaling $150,376.56 to the City of Santa Clara for reimbursement of General and Administrative (G&A) City payroll costs (e.g.: City Manager's Office, City Attorney's Office, and Finance Department)

* Payments totaling $12,266.01 to J.S. Held LLC for audit services

* Payment totaling $3,920.00 to Wilson Ihrig for noise monitoring services

Significant expenses in June 2020 include:

* Payments totaling $232,259.03 to the City of Santa Clara for the following:
o $146,938.79 for reimbursement of General an...

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