Nov. 2 2010 City Council and School Board Elections: PDF Print E-mail
  • Mayor
  1. Chris Stampolis - West Valley/Mission College Board Trustee
  2. Jamie Matthews - Current Santa Clara City Council Member
  • City Council Seat 2 (Council members J. McLeod and Will Kennedy endorse M. Nadeem)
  1. M. Nadeem, Ph.D. - Professor of Business
  2. Pat Kolstad - Retired Police Sergeant/A founder of the 49ers campaign front group
  • City Council Seat 5 (Council members J. McLeod and Will Kennedy endorse T. O'Neill)
  1. Teresa O'Neill - Businesswoman (HP)
  2. Patricia Mahan - Current Santa Clara Mayor
  • Santa Clara Unified School Board Trustee Area 2 (SCPF endorses Christine Koltermann)
  1. Christine Koltermann, Ph.D -Geologist/Parent/Businesswoman
  2. Viola Smith - Santa Clara High School Math Teacher
  3. Ashish Mangla - Engineer/Parent/Technologist
  4. Ina Bendis - Incumbent
  5. Pat Flot - Incumbent
  6. Anna Strauss - Community Volunteer/Paid 49ers campaign worker (as shown by FPPC filings)
  • Santa Clara Unified School Board Trustee Area 3 (SCPF endorses Adela Saadat)
  1. Adela Saadat - Business owner/Parent
  2. Andrew Ratermann - Incumbent
  • (The incumbent in Santa Clara Unified Trustee Area 1 is running unopposed)

City Budget Deficit:

Santa Clara is currently running a $20 million budget deficit (2009-2010) with another $20 million deficit expected for 2010-2011.  General Fund reserves have been used to cover deficits from the previous few years, and cuts were made to compensate for $15 million out of our current $20 million budget deficit.  The city council and staff are still grappling with ways to cover the remaining $5 million from last year.  Multi-million dollar deficits each year are projected until 2015.


Update on Tasman Substation Move-the giveaway of our electric utility's money to move a substation just to make 380 parking spaces at $52,000 each has started.
We will spend $20 million of our electric utility's money at a time when Silicon Valley Power's Cost Reduction Fund is far below where it should be.  Our blog has the details:
http://www.stadiumfacts.blogspot.com/

What's next for the stadium?

The Stadium Authority will be formed, and the Disposition and Development Agreement (the binding agreement) will be developed.  The DDA is supposed to be based on the (non-binding) Term Sheet. The DDA was supposed to be finished in July 2010-no word as to when it will actually be finished, or when Santa Clarans will be able to read it.

Here's the link to Santa Clara's website with stadium information:
http://santaclaraca.gov/index.aspx?page=1197


Another $750,000 has been allocated for attorneys and consultants for the stadium project.

The legal and consulting bills continue to mount for Santa Clara's stadium.  The total spent on consultants is $1.8 million to the law firm Goldfarb and Lipman LLC's, and $1.6 million to financial adviser Keyster Marston Associates.  These bills are paid for from our redevelopment funds.


Information on the stadium from the city's website: "Now that the ballot measure has been approved, there are a number of actions that must occur before construction can begin.  
Summer 2010: Council considers approval of Joint Powers Authority (JPA) agreement between the City and the City's Redevelopment Agency to form the Stadium Authority (SA). In addition, staff will continue to work with the 49ers to develop all the necessary documents and agreements, including a Disposition and Development Agreement (DDA) and City and Stadium Authority Leases, consistent with the negotiated terms in the Term Sheet.
Summer-Fall 2010: Planning Commission considers approval of the PD Zoning District Ordinance and Offsite Parking Ordinance amendments, and Stadium Project entitlements.
Fall 2010: Council, the SA, and the Redevelopment Agency will consider several actions related to the proposed stadium:

Council considers approval of the SB 211 amendment, PD Zoning District Ordinance and Offsite Parking Ordinance amendments, Stadium Project entitlements, City/SA Conveyance agreement, and City/SA Ground Lease.
SA considers approval of the Disposition and Development agreement (DDA), the City/SA Lease, the Stadium Lease with the 49ers, Project Management agreement, Public Improvement agreement, and Community Facilities District (CFD) Reimbursement agreement.
Redevelopment Agency considers approval of the DDA.
2011: During this period, the Stadium design will be finalized, construction permits obtained, and the Stadium Financing Plan finalized. The Financing Plan will identify the amount and timing of the various funding sources and demonstrate to the SA's satisfaction that sufficient assets, credit and revenue streams are available to timely fund the stadium construction.
January 2012: Anticipated start of construction."


Please check our 'In the News' for a listing of new articles about the stadium, Santa Clara, SCUSD, and related

articles.

http://santaclaraplaysfair.org/index.php/news






 

 
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