MINUTES OF THE SANTA CLARA STADIUM AUTHORITY OF
THE CITY OF SANTA CLARA FOR MEETING
HELD ON TUESDAY EVENING, APRIL 5, 2011

 

 

     The Santa Clara Stadium Authority of the City of Santa Clara met at 7:25 pm, on the above-mentioned date, for the regular scheduled meeting in the City Hall Council Chambers. The Closed Session in the Council Conference Room for a Conference with Real Property Negotiator Pursuant to Government Code Section 54956.8 Property: APN 104-43-051; APN 104-43-052; APN 104-43-030; APN 104-42-014; and APN 104-42-019; Negotiating Party(ies):  Cedar Fair and the San Francisco 49ers; Stadium Authority Negotiator:  Jennifer Sparacino, Executive Director (or her designee); Under Negotiation:  Purchase/Sale/Exchange/Lease of Real Property (provisions, price and terms of payment) was not held.

 

 

 

     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.

 

 

 

     MOTION was made by Kennedy, seconded and unanimously carried with Mahan abstaining (not present at the meeting), that the Minutes for the meeting of March 8, 2011 – Special Meeting be adopted as written.

 

 

 

     The Stadium Authority proceeded to consider the adoption of a Resolution approving a Naming Rights Marketing Agreement with the Forty Niners Stadium, LLC (Stadco), providing Stadco the exclusive right to market the Naming Rights for the proposed San Francisco 49ers football stadium for a 24 month period. The Executive Director reviewed the Administrative Analyst to the City Manager’s memo (03/31/11). John Vidalin, representing the San Francisco 49ers, addressed the Stadium Authority with comments regarding the proposed agreement. A Stadium Authority discussion followed and questions were answered by the Executive Director and Mr. Vidalin. MOTION was made by Gillmor, seconded and unanimously carried, that the Stadium Authority adopt Resolution No. 11-8 (STADIUM AUTHORITY) entitled, “A RESOLUTION OF THE SANTA CLARA STADIUM AUTHORITY APPROVING A NAMING RIGHTS MARKETING AGREEMENT RELATED TO THE CONSTRUCTION OF THE STADIUM PROJECT” which approves a Naming Rights Marketing Agreement with the Forty Niners Stadium, LLC (Stadco), providing Stadco the exclusive right to market the Naming Rights for the proposed San Francisco 49ers football stadium for a 24 month period.

 

 


 

 

     The Closed Session in the Council Conference Room for a Conference with Real Property Negotiator Pursuant to Government Code Section 54956.8 Property: APN 104-43-051; APN 104-43-052; APN 104-43-030; APN 104-42-014; and APN 104-42-019; Negotiating Party(ies):  Cedar Fair and the San Francisco 49ers; Stadium Authority Negotiator:  Jennifer Sparacino, Executive Director (or her designee); Under Negotiation:  Purchase/Sale/Exchange/Lease of Real Property (provisions, price and terms of payment) was not held.

 

 

 

     MOTION was made by Kennedy, seconded and unanimously carried, that, per the Interim Stadium Authority General Counsel’s memo (03/31/11), the Stadium Authority set Tuesday, April 19, 2011 at 6:00 pm for a Closed Session in the Council Conference Room for a Conference with Real Property Negotiator pursuant to Government Code Section 54956.8; Property: APN 104-43-051; APN 104-43-052; APN 104-43-030; APN 104-42-014; and APN 104-42-019; Negotiating Party(ies): Cedar Fair and the San Francisco 49ers; Stadium Authority Negotiator: Jennifer Sparacino, Executive Director (or her designee); Under Negotiation: Purchase/Sale/Exchange/Lease of Real Property (provisions, price and terms of payment).

 

 

 

     MOTION was made by Kennedy, seconded and unanimously carried, that there being no further business, the meeting was adjourned at 7:32 pm to Tuesday evening, April 19, 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