MINUTES OF THE SANTA CLARA STADIUM AUTHORITY OF
THE CITY OF SANTA CLARA FOR A SPECIAL MEETING
HELD ON MONDAY EVENING, MARCH 21, 2011

 

 

     The Santa Clara Stadium Authority of the City of Santa Clara met at 9:06 pm, on the above-mentioned date, for a special meeting in the City Hall Council Chambers.

 

 

 

     Present:  Stadium Authority Board Members Lisa M. Gillmor, Will Kennedy, Patrick Kolstad, Patricia M. Mahan, Jamie McLeod and Kevin Moore and Chairperson Jamie L. Matthews.

 

 

 

     The Stadium Authority proceeded to consider the adoption of a Resolution approving a Pre-Development Funding Agreement between the Redevelopment Agency, Stadium Authority and Forty Niners (49ers) Stadium, LLC (Stadco) (Administrative Analyst to the City Manager – 03/17/11 and 03/21/11). The following people addressed the Stadium Authority in favor of the proposed Resolution and respective Pre-Development Agreement: James Rowen and George Netto. The following people addressed the Stadium Authority in opposition to the proposed Resolution and respective Pre-Development Agreement: Bill Bailey (Santa Clara Plays Fair) and Deborah  Bress. MOTION was made by Mahan, seconded and carried with Kennedy and McLeod dissenting, that the Stadium Authority adopt Resolution No. 11-4 (STADIUM AUTHORITY) entitled, “A RESOLUTION OF THE SANTA CLARA STADIUM AUTHORITY APPROVING A PREDEVELOPMENT FUNDING AGREEMENT RELATED TO THE CONSTRUCTION OF THE STADIUM PROJECT AND MAKING CERTAIN FINDINGS RELATED THERETO” which approves a Pre-Development Funding Agreement between the Redevelopment Agency, Stadium Authority and Forty Niners (49ers) Stadium, LLC providing funding from tax increment revenues for certain costs associated with the stadium project. The Stadium Authority duly noted and filed the correspondence received regarding the proposed Resolution and respective Pre-Development Agreement (Executive Assistant to the City Manager – 03/21/11).

 

 

 

     Under Public Presentations, Bill Bailey (Santa Clara Plays Fair) addressed the Stadium Authority with general comments of concern regarding the proposed San Francisco 49ers stadium (provided handout).

 

 


 

 

     MOTION was made by Gillmor, seconded and unanimously carried, that there being no further business, the meeting was adjourned at 9:15 pm to Tuesday evening, March 29, 2011 at 6:00 pm for a Closed Session in the Council Conference Room and to 7:00 pm for the regular scheduled meeting in the City Hall Council Chambers.

 

 

 

 

 ATTEST:  ________________________

             Secretary

 

 

 

APPROVE: ________________________

            Chairperson