REPORT TO STADIUM AUTHORITY BOARD
SUBJECT
Title
Report from the Stadium Authority for Action Regarding Stadium Manager's Request to Execute Agreement with Tyson Group, LLC for Stadium Builder's License (SBL) Sales Training Services
Report
BOARD PILLAR
Ensure Compliance with Measure J and Manage Levi's Stadium
BACKGROUND
On October 8, 2019, the Stadium Authority Board (Board) approved Ordinance No. 2005 amending Chapter 17.30 of the City Code (Stadium Authority Procurement Policy), which rescinded the delegation to the Executive Director to enter into agreements without prior Board approval. As result of Ordinance No. 2005, the Stadium Manager is also required to request Board approval before entering into agreements on behalf of the Stadium Authority. As of the effective date of the Ordinance (November 8, 2019), all Stadium Authority agreements for services, supplies, materials, and equipment require the approval of the Stadium Authority Board.
As the Stadium Manager, Forty Niners Stadium Management Company, LLC is responsible for making recommendations to the Stadium Authority with respect to facilitation of a secondary market for SBLs, and marketing, monitoring, and managing SBL agreements as required by the Management Agreement between the Stadium Authority and Stadium Manager.
The Stadium Manager is requesting the following:
* Approval to execute a one-year agreement with Tyson Group, LLC in the amount of $80,000 for SBL sales training professional services for their SBL sales team, with the option to extend for two additional one-year periods.
This service is included in the Stadium Authority FY 2022/23 Operating Budget under the SBL Sales and Services line item. Consistent with Santa Clara Procurement Policy Chapter 17.30.100, the draft agreement includes language stating that the term for any subsequent fiscal years shall be conditioned upon approval of the Stadium Authority budget for the applicable fiscal year that includes the amounts due under ...
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