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SRP panel gives final approval to $1M donation

SRP panel gives final approval to $1M donationAn Arizona utility has given final approval for a $1 million donation in cash and services to help produce the 2015 Super Bowl in Glendale.

The Arizona Republic says the Salt River Project’s board of directors voted 13-1 Monday in favor of the sponsorship, with director Stephen Williams opposed.

General Manager Mark Bonsall told the directors that while the nonprofit Super Bowl Host Committee will receive $1 million in value from the deal, the actual cost to SRP is closer to $375,000.

The committee is a liason between the NFL and the host region.

SRP will provide $225,000 cash, $575,000 of in-kind services and $200,000 in electricity generated by solar power for the game.

Some consumer advocates question the need to help the NFL produce its marquee event.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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