A significant step forward was made during the Joint Council and Authorities Concurrent & Stadium Authority Meeting on August 26, 2025, as city officials discussed a draft agreement aimed at enhancing the financial framework for upcoming events, including the highly anticipated Super Bowl 50.

City Attorney Glenn highlighted that the agreement is currently under review by all parties, particularly the Barrie Host Committee, which is meticulously examining the terms to ensure nothing is overlooked. The city anticipates presenting the finalized agreement as early as September 16, 2025.

Key improvements in the draft agreement include a financial backstop to cover costs, a transparent reimbursement process showcased on a live dashboard website, and modifications to the stadium lease that eliminate caps on fees for youth and seniors. Additionally, the agreement ensures that public safety costs will not exceed a specified threshold, generating potential revenue for the city.

City Manager remarks emphasized the collaborative effort of city staff across various departments in developing accurate cost estimates and staffing needs for the event. Special recognition was given to the Santa Clara Police Department for their leadership in planning and executing safety measures for the event, underscoring the city's commitment to a successful and secure experience for all attendees.

As the city prepares to finalize the agreement, officials remain optimistic about the financial and operational benefits it will bring, setting the stage for a successful Super Bowl and other major events in the future.