49ers File Lawsuit Against Santa Clara Over Parking Payments
The 49ers' SC Stadium Company "filed a lawsuit" against the city of Santa Clara, "claiming it had overpaid" by more than $1M for parking space at a city-owned golf course near Levi's Stadium over several years, according to Emily Deruy of the San Jose MERCURY NEWS. The stadium company and the city agreed in '14 that the venue could "use the golf course to park cars and settled on a formula for figuring out how much the company would pay, including an annual minimum fee of $250,000." Under the agreement, the city could "bill for lost income if it showed that it lost more money than expected because the stadium company was using the space." From '14-16, the lawsuit says that the stadium company paid $1.05M "over and above the minimum use fee." In mid-'16, the city and stadium "moved to a month-to-month agreement" and in August '16, the city told the stadium company it "owed more than $700,000, including more than $630,000 in lost income for use of the space from March to July of that year." Santa Clara has "pushed back at the idea that it over-billed the stadium company, pointing to a city-requested audit" completed in '17 that suggested the company owed the city the money. The stadium company wants the $1M back, "with interest" (San Jose MERCURY NEWS, 4/13).