SAN ANTONIO – San Antonio City Council members are preparing for a pivotal meeting this week as conflicting resolutions emerge that could reshape the city’s negotiations with the San Antonio Spurs over Project Marvel, a proposed $4 billion downtown arena and entertainment district.

The new resolution, introduced by council members around 8:30 a.m. Monday aligned with the majority, would authorize City Manager Erik Walsh to complete negotiations and execute a non-binding term sheet with Spurs Holdings, LLC. The measure is designed to counter Mayor Gina Ortiz Jones’s push for a delay and an independent economic study of the project.

RELATED: Mayor Ortiz Jones seeks to delay Project Marvel deal after term sheet finalized

The mayor is pushing for an independent study to assess the economic impact of the project, despite opposition from the majority of the city council, while the city council had already agreed on a term sheet to advance Project Marvel, with a vote scheduled for later this month.

The conflict has reportedly frustrated the Spurs, who believed the negotiations had been finalized. Supporters of the new resolution argue that moving forward is critical, especially with two upcoming tax votes — a hotel and rental car tax this November and an infrastructure tax in the spring — that will determine whether the project ultimately proceeds.

RELATED: San Antonio and Spurs finalize term sheet for ‘Project Marvel’, City Council to vote soon

The San Antonio Spurs recently announced that they are committing over $1 billion dollars to help pay for Project Marvel and a new downtown arena. Details of their investment includes:

San Antonio and Spurs finalized a term sheet, which the city council could vote on Thursday.

Under the framework, the Spurs would contribute at least $500 million and cover all cost overruns, while the City would provide up to $489 million through bonds tied to lease revenue, ground rent, tax increment funds, and a Project Finance Zone. Bexar County’s share, up to $311 million, depends on voter approval of a venue tax election set for Nov. 4.

Earlier this month, Bexar County Commissioners decided to place a venue tax question on the Nov. 4 ballot, allowing voters to determine if the county will contribute funds for the project.

Beyond sports, the plan emphasizes community benefits and local engagement. The Spurs will contribute $2.5 million annually toward city programs, support small businesses and workforce development, and integrate local contractors and suppliers into the arena’s construction. Phased development over the next decade aims to align the new facilities with broader downtown growth, transforming San Antonio’s skyline and civic life.

If approved, construction could take nearly five years, with the new arena opening by the 2032–33 NBA season. The Spurs would sign a 30-year lease and a non-relocation agreement, while also committing $75 million toward community programs over the lease term.

PROPOSED TERM SHEET BETWEEN CITY AND SPURS