49ers Want To Replace Levi’s Stadium Sign, Want Santa Clara Taxpayers To Pay Potential $1.3 Million – Santa Clara News Online
By Robert Haugh
We learned at Tuesday’s stadium authority meeting that the 49ers want to replace the Levi’s Stadium sign.
The team want the stadium authority to pay for it. Its cost is estimated at $1.3 million.
This is money that could potentially go to the City’s general fund. So that means Santa Clara taxpayers would pay for a new Levi’s Stadium sign.
We also learned Tuesday that the 49ers have no plans to contribute any money to the city’s general fund. Zero. Yeah. Just a coincidence.
Here is the problem. The naming rights agreement states that the “naming rights sponsor” is responsible for replacing the sign.
Here is another problem. Lévi Strauss & Company did not ask for the sign to be changed.
This is according to the Assistant City Attorney answer prosecute Reuters given Mayor Lisa Gillmor Tuesday evening. wow.
But at the Tuesday evening meeting, councilors Anthony Becker and Kevin Park were pushing hard for the public to pay for a new sign.
According to a local attorney who reviewed the city staff report, it was a donation of public funds to Levi Strauss & Company and the 49ers.
And you could say that violates Measure J. That’s the initiative that Santa Clara voters passed by promising that no revenue from the city’s general fund would go to the stadium.
If that happens, it will be added to a long list of things the 49ers have gotten from Santa Clara since the 49er Five took over.
According to some people who are tracking, the list of costs to taxpayers is already over $3 million.
And that’s a key number in the city of Santa Clara.