Stadium Authority pays down Term A construction loan | City of Santa Clara | STADIUM FUNDING TRUST

Scope & details

The full contract record, as filed.

Contract amount

$282,800,000 original principal

Contract type

FINANCIAL_SERVICES

Contract term

Maturity date in 2039; fixed-rate term loan with scheduled principal payments from April 1, 2018, through April 1, 2039

Renewal date

2039-04-01

Renewal

Loan bears 5% fixed interest with semi‑annual interest and annual principal payments; subject to certain prepayment premiums. Amortization schedule runs through April 1, 2039; no renewal is anticipated beyond maturity.

Document type

Budget

Source document

santa_clara_stadium_authority_adopted_fiscal_year.pdf

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City of Santa Clara AgendaPacket Audit Committee Meeting 2026-09-04

ONGOING

City of Santa Clara, California$450,000,000 original loan facility; $184,818,249 Term A outstanding as of March 31, 2026Sep 2, 2026

city_of_santa_clara_audit_committee_meeting_agenda.pdf

ONGOING

City of Santa Clara, California$282,790,000 original Term A Loan; $244,160,240 outstanding as of March 31, 2021Nov 24, 2025

santa_clara_stadium_authority_adopted_fy_202526_bu.pdf

approved

City of Santa Clara, CaliforniaNAMar 11, 2025

santa_clara_stadium_authority_adopted_fy_202021_bu.pdf

ONGOING

City of Santa Clara, California$25,562,000 debt service payment in FY 2020/21 (principal and interest)Mar 24, 2020

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Santa Clara?

Stadium Funding Trust was awarded this financial services contract by City of Santa Clara, as recorded on April 1, 2022. The contract value is $282,800,000 original principal.

How much is the Stadium Funding Trust contract with City of Santa Clara worth?

The Stadium Funding Trust contract with City of Santa Clara is valued at $282,800,000 original principal, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record.

Where was this contract approved?

This contract appears in santa_clara_stadium_authority_adopted_fiscal_year.pdf (Budget), dated April 1, 2022 from City of Santa Clara. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stadium Funding Trust hold?

Stadium Funding Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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