City Council and Authorities Concurrent
June 23, 2026

6/23/2026 Item # 11
1 Santa Clara Stadium AuthorityAction on the Proposed FY 2027/28 Stadium Authority Capital Expense Projects (Continued from June 9th)Item #11 (26-706)June 23, 2026March 10, 2026 Board Action21. With respect to the CapEx Plan: a. Approve the Fiscal Year 2026/27 CapEx projects (Year One, and for items that have budget allocated in Year One and a forecast expenditure in Year Two), of the Stadium Manager’s 5-Year CapEx Plan, including such projects that are to be completed over multiple years;b. Do not approve at this time CapEx projects to be commenced after Fiscal Year 2026/27 (Years 2 through 5); and c. Upon completion of the Stadium Manager’s FCA, Stadium Authority staff’s evaluation and completion of its own FCA, and further discussions with Stadium Manager, return to the Stadium Authority Board with staff’s recommendation for Stadium Authority action on the CapEx program for Years 2 through 5. 1 2
6/23/2026 Item # 11
2 March 10, 2026 Board Action Cont.3• At the meeting, staff also committed to conduct a further review and work with the Stadium Manager on the FY 2027/28 CapEx Projects and provide the Stadium Authority Board with additional information on the Stadium Authority’s review of the FY 2027/28 CapEx Projects within 90 days. • This item outlines the recommendation for the proposed FY 2027/28 CapEx Projects.Stadium Manager’s Proposed FY 2027/28 CapEx Projects4 3 4
6/23/2026 Item # 11
3 Additional CapEx Projects5•Proposed FY 2027/28 CapEx Budget of $11,080,731 includes:•5 CapEx Projects approved on March 10, 2026 ($4,366,209)•Staff’s recommendation for Stadium Manager’s proposed FY 2027/28 CapEx Projects ($6,661,522)•Kawasaki ATV Project submitted by City’s public safety team ($53,000)Recommendation1. Approve staff’s recommendation on the proposed Santa Clara Stadium Authority Fiscal Year 2027/28 Capital Expense Projects, totaling $11,080,731, as described in the report and “Recommendations for Stadium Manager’s Proposed FY 2027/28 CapEx Projects” attachment, including funding levels and next steps.5 6 6/23/2026 Item # 11
4 Santa Clara Stadium AuthorityAction on the Proposed FY 2027/28 Stadium Authority Capital Expense Projects (Continued from June 9th)Item #11 (26-706)June 23, 20267