SUMMARY OF ACTIONS TAKEN BY

CITY OF SANTA CLARA

SANTA CLARA STADIUM AUTHORITY

THIS DOCUMENT IS PREPARED AS A SUMMARY ONLY AND IS NOT INTENDED TO BE AN OFFICIAL RECORD OF CITY COUNCIL ACTIONS. THE OFFICIAL MINUTES OF EACH MEETING ARE AVAILABLE IN THE CLERK’S OFFICE APPROXIMATELY THREE WEEKS FOLLOWING THE MEETING.

 

 

June 11, 2013

 

 

5:30 pm
Closed Session
Council Conference Room
Conference with Real Property Negotiator
Pursuant to Government Code Section 54956.8
Property: APN 104-43-030; APN 104-43-051; APN 104-43-052;

APN 104-42-014 and APN 104-42-019
Negotiating Party(ies): City of Santa Clara and The San Francisco 49ers
Authority Negotiator: Julio Fuentes, Executive Director (or designee)
Under Negotiation: Purchase/Sale/Exchange/Lease of Real Property (provisions, price and terms of payment)
[NO REPORTABLE ACTION]
and
Conference with Legal Counsel - Anticipated Litigation
Pursuant to Government Code Section 54956.9(a)
Potential initiation of litigation: 1 potential case
[NO REPORTABLE ACTION]

 

 

 

REGULAR MEETING

7:00 PM in the City Hall Council Chambers

 

 

APPEAL OF HEARING DECISIONS OF THE SANTA CLARA STADIUM AUTHORITY MUST BE MADE TO THE SUPERIOR COURT WITHIN 90 CALENDAR DAYS OF FINAL ACTION. BECAUSE OF THE AGENDA PROVISION FOR RECONSIDERATION, FINAL ACTION IS DEEMED TO OCCUR AT THE END OF THE NEXT REGULAR MEETING PURSUANT TO CITY COUNCIL POLICY (P&P 042). (CODE OF CIVIL PROCEDURE SECTION 1094.6)

 

 

1.

ROLL CALL:

 

 

A.

Present: Stadium Authority Members Davis, Gillmor, Mahan, Marsalli and O'Neill and Vice-Chairperson Kolstad. Absent: Chairperson Matthews.

 

2.

APPROVAL OF MINUTES:

 

A.

May 7, 2013.

 

• ACTION:

Noted and Filed

 

• ASSIGNMENT:

Stadium Authority Secretary

 

B.

May 9, 2013 - Special Meeting.

 

• ACTION:

Noted and Filed

 

• ASSIGNMENT:

Stadium Authority Secretary

 

C.

May 14, 2013.

 

• ACTION:

Noted and Filed

 

• ASSIGNMENT:

Stadium Authority Secretary

 

3.

CONTINUANCE/EXCEPTIONS:

 

4.

UNFINISHED BUSINESS:

 

A.

Possible Reconsideration of Actions Taken at Immediately Preceding Meeting. (See Summary of Actions for potential reconsideration, which is attached to the posted Agenda and is in the Agenda Packet Binder in the Council Chambers.)

 

B.

Joint City Council/City of Santa Clara Community Facilities District (CFD) No. 2010-1/Stadium Authority Meeting:

 

 

1.

Adoption of a Stadium Authority  Resolution approving the Final Development Budget; approving a Credit Agreement and related documents by and among the Stadium Authority, as borrower, Stadium Funding Trust, as lender, and Goldman Sachs Bank, USA, as Administrative Agent; approving a StadCo Obligations Agreement and related documents by and among Stadium Authority, as borrower, Forty Niners SC Stadium Company, LLC (StadCo), as lender and Stadium Funding Trust; approving a Funding Agreement for Stadium Project Construction Fund Administration by and among the Stadium Authority, StadCo and a designated fund administrator; approving the Joinder to the Fee Letter (Senior Secured Facility) by and among Stadium Funding Trust, StadCo, Goldman Sachs Bank, USA (Goldman), Merrill Lynch, Pierce, Fenner & Smith, Inc. (MLPFS), Bank of America, N.A. and U.S. Bank National Association (US Bank) and making a finding that no subsequent or supplemental environmental documents are required under California Environmental Quality Act (CEQA).

 

• ACTION:

Adopted Resolution No. 13-8 (STADIUM AUTHORITY)

• ASSIGNMENT:   Executive Director

 

Stadium Authority Auditor


 

 


 

2.

Adoption of a Council, acting as the legislative body of the CFD, Resolution approving and implementing the CFD Reimbursement Agreement and any documents necessary or appropriate to carry out the CFD Reimbursement Agreement and making a finding that no subsequent or supplemental environmental documents are required under the California Environmental Quality Act (CEQA) and the adoption of a Stadium Authority Resolution approving and implementing the CFD Reimbursement Agreement, the Stadium Authority Note and any documents necessary or appropriate to carry out the CFD Reimbursement Agreement and the Stadium Authority Note and making a finding that no subsequent or supplemental environmental documents are required under the California Environmental Quality Act (CEQA).

 

• ACTION:          

Adopted Resolution No. 13-8044

 

 

 Adopted Resolution No. 13-9 (STADIUM AUTHORITY)

 

• ASSIGNMENT:

City Manager/Executive Director

 

Dir. Finance

 

3.

Adoption of a Council Resolution approving the First Amendment to the Ground Lease and making a finding that no subsequent or supplemental environmental documents are required under the California Environmental Quality Act (CEQA) and adoption of a Stadium Authority Resolution approving the First Amendment to the Ground Lease, the Amended and Restated Stadium Lease, the Amended and Restated Non-Relocation Agreement and the Amended and Restated Intangible Property License Agreement and making a finding that no subsequent or supplemental environmental documents are required under the California Environmental Quality Act (CEQA).

 

• ACTION:

Adopted Resolution No. 13-8045

 

 

Adopted Resolution No. 13-10 (STADIUM AUTHORITY)

 

•ASSIGNMENT:

City Manager/Executive Director

 

C.

Approval of Amendment No. 3 to the Professional Services Agreement with Keyser Marston Associates, Inc., in the amount of $200,000 for a total not to exceed amount of $900,000 and to extend the term of the agreement to June 30, 2014, for fiscal and economic analysis.

 

• ACTION:

Approved

 

• ASSIGNMENT:

Executive Director

 


 

5.

NEW BUSINESS:

 

A.

JOINT PUBLIC HEARING: City Council (Council), City Council acting as the Governing Board of the Successor Agency for the former Redevelopment Agency of the City of Santa Clara (Successor Agency), Santa Clara Stadium Authority (Stadium Authority), Sports and Open Space Authority (SOSA), Housing Authority Annual Budget for Fiscal Year 2013-14: 

 

1.

Approval of the City of Santa Clara Proposed 2013-14 total budget of $640,853,287, including the Operating Budget of $563,722,028, the General Fund Budget of $151,903,467 and Capital Improvement Project (CIP) Budget of $77,131,259 (including adjustments as noted in the 2013-14 Summary of Changes to Proposed Budget).

 

• ACTION:

Approved

 

• ASSIGNMENT:

Dir. Finance

 

2.

Approval of the Sports and Open Space Authority Proposed 2013-14 total budget of $4,589,697, including the SOSA Proposed CIP Budget of $50,000.

 

• ACTION:

Approved

 

• ASSIGNMENT:

Dir. Finance, SOSA

 

3.

Approval of the Successor Agency to the Redevelopment Agency of the City of Santa Clara Proposed 2013-14 total budget of $23,161,919.

 

• ACTION:

Approved

 

• ASSIGNMENT:

Dir. Finance

 

4.

Approval of the Housing Authority Proposed 2013-14 total budget of $318,114; expenditures are limited only to support administrative loan monitoring costs.

 

• ACTION:

Approved

 

• ASSIGNMENT:

Treasurer

 

5.

Adoption of a Housing Authority Resolution determining that the planning and administrative expenses to be funded in Fiscal Year 2013-14 by the Low and Moderate Income Housing Fund are necessary for the production, improvement or preservation of affordable housing for low and moderate income housing.

 

• ACTION:

Adopted Resolution No. 13-1 (HA)

 

• ASSIGNMENT:

Treasurer

 


 

6.

Approval of the 2014-15 through 2018-19 City of Santa Clara Five Year Financial Plan (the Five Year Financial Plan will be updated based on the adopted 2013-14 budgets and included as part of the adopted Operating and Capital Improvement Project budget documents).

 

• ACTION:

Approved

 

• ASSIGNMENT:

Dir. Finance

 

7.

Approval of the disposition of $19,766.56 from the Give A Little...Help A Lot community donation campaign.

 

• ACTION:

Deferred

 

• ASSIGNMENT:

City Manager

 

8.

Approval for the use of $78,800 for police activities and programs from the Asset Seizure Trust Fund as requested by the Chief of Police.

 

• ACTION:

Approved

 

• ASSIGNMENT:

Chief of Police

 

9.

Adoption of a Council Resolution adopting the Fiscal Year 2013-14 Municipal Fee Schedule, which imposes new fees, amends existing fees and retains unchanged fees for various City departments.

 

• ACTION:

Adopted Resolution No. 13-8042

 

• ASSIGNMENT:

Dir. Finance

 

10.

Adoption of a Council Resolution establishing the Fiscal Year 2013-14 Appropriations Limit of $327,531,346 as computed by the Finance Department.

 

• ACTION:

Adopted Resolution No. 13-8043

 

• ASSIGNMENT:

Dir. Finance

 

6.

PUBLIC PRESENTATIONS:

 

This item is reserved for persons to address the Stadium Authority on any matter not on the agenda that is within the subject matter jurisdiction of the City. The law does not permit Stadium Authority action on, or extended discussion of, any item not on the agenda except under special circumstances. The Stadium Authority, or staff, may briefly respond to statements made or questions posed, and the Stadium Authority may request staff to report back at a subsequent meeting. Although not required, please submit to the Stadium Authority Secretary your name and subject matter on forms available by the door in the Council Chambers.

 

7.

REPORTS OF STADIUM AUTHORITY MEMBERS AND SPECIAL STADIUM AUTHORITY COMMITTEES:

 

A.

Reports regarding conference attendance, if any.

 


 

8.

CLOSED SESSION MATTERS:

 

A.

Stadium Authority Counsel Reports:

 

9.

ADJOURNMENT:

 

A.

To Tuesday evening, June 25, 2013 at 7:00 pm for the regular scheduled meeting in the City Hall Council Chambers.