Golden 1 Certified LEED Platinum By Building Council Exclusive Look At Wizards Practice Facility Jazz Unveil Plans For $110M Arena Renovation Warriors' Chase Center Scheduled For Construction Expert: Rams Could Cash In With Naming Rights Bypass To Help Power MLBAM's Ballpark App Texas Live! To Break Ground In November Investment Group Offers To Purchase Coliseum Land Wells Fargo To Keep Signs Near U.S. Bank Stadium Broncos Accelerating Sale Of Naming Rights
SBD/January 19, 2012/Facilities
Officials Make Preparations To Ensure No Power Outage For 49ers Game
Published January 19, 2012
PEAKING AT THE RIGHT TIME: In San Jose, Mike Rosenberg in a front-page piece writes the timing "couldn't be better" for owner Jed York "monumental pursuit: finally building his team a $1 billion stadium palace in the South Bay." The 49ers' playoff run has "coincided with the start of season ticket sales for the Santa Clara stadium." The team's run "also comes as the city auctions off a naming-rights deal rumored to reach up to a record $20 million a year for the stadium." Former 49ers President Carmen Policy said, "I think this is the most fortuitous situation that could befall the 49ers because the timing is so critical and important for them." The team said that it has "already seen a spike in season tickets for next year." Sources said that Santa Clara has "recently received offers from firms for significant corporate sponsorships" (SAN JOSE MERCURY NEWS, 1/19).
HAVING TO RECONSIDER? In San Jose, Lisa Fernandez notes a group of Santa Clara residents "opposed to a new 49ers stadium said Wednesday that they have collected enough signatures needed to force a referendum on an $850 million construction loan for the project." The group "submitted signatures to the city clerk's office Wednesday and needed about 4,500 valid names." City officials "counted about 5,500 signatures, but county elections officials will spend up to the next month and a half trying to determine whether they are valid." However, City Attorney Ren Nosky has "already said the Santa Clara Stadium Authority's vote on the loan is not subject to a referendum" (SAN JOSE MERCURY NEWS, 1/19).