By Robert Haugh
Last year, 49ers Stadium Manager and Exec Jim Mercurio had to fill out a Form 700.
As we reported, the California Fair Political Practices Commission (FPPC) ruled that the Stadium Manager for the 49ers stadium management company must fill out Form 700 — just like an elected official. It’s the form that lists financial interests so the public knows if a decision maker has a conflict of interest when doing the public’s business.
Recently, there’s been some interest in Form 700 in the Mission City. A frivolous lawsuit about Mayor Lisa Gillmor’s Form 700 was rejected by the court this month.
Now, according to a Santa Clara source, Mercurio will have to explain his ownership of VenueNext, a “sports and entertainment technology integrator.” It’s on page 2 of Mercurio’s Form 700 below.
Mercurio either purchased or received stock from VenueNext. His Form 700 says he owns between $10,001 and $100,000 of the stock.
VenueNext got a major contract at Levi’s Stadium. They brag about it on their website.
The FPPC said in their advice letter last year:
“This means that the individual who works for the 49ers Stadium Management Company who makes procurement decisions on behalf of the City’s Stadium Authority is subject to the Authority’s Conflict of Interest Code.”
This looks like it’ll be the first conflict of interests test for the stadium and stadium manager Mercurio. And this case doesn’t look frivolous.