Summary

Coliseum sale advances with amendments

OaklandJul 13, 20262 min read

At a glance

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Council approved an amended ordinance to move forward with the sale of the City of Oakland’s 50% interest in the Coliseum Complex, including a $50 million Arena Parcel sale, a $60 million Stadium Parcel sale with seller financing, and a proposed 6% share of annual gross ticket sales. The ordinance was amended to remove a section directing initial sale proceeds to CalPERS.

Projects mentioned

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Oakland Redevelopment Economic And Workforce Development C.M.S. Conditioning The Sale To Require Development

Committees mentioned

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Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council

Topics discussed

CommerceHousing

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What this means

The meeting advanced a major step toward selling the City’s share of the Coliseum Complex. If finalized, the deal would bring in $50 million for the arena parcel and $60 million for the stadium parcel, with additional payments tied to ticket sales. The council also kept requirements related to affordable housing and other benefits for the stadium parcel sale. The item is set to return for final passage at a later meeting.

Key decisions

Follow the major takeaways from this briefing.

Approved as amended on introduction the ordinance to amend the Coliseum Complex purchase and sale agreement.
Removed the provision that would have appropriated and directed initial lump sum proceeds to the California Public Employees Retirement System.
Forwarded the item for final passage at the July 21, 2026 concurrent meeting of the Oakland Redevelopment Successor Agency and City Council.
Recorded a 6-1 vote, with Councilmember Gallo voting no and Councilmember Fife excused.

Timeline & follow-ups

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Meeting information

Details and records from this meeting.

Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council

Jul 13, 2026, 5:30 PMCity Council Chamber, 3rd Floorscheduled

Agenda

The Special Current Meeting of the City Council convened at 10:37 A.M., with Council President Jenkins presiding as Chairperson.
DEFINITION OF TERMS: • Action Item: shall mean any resolution, ordinance, public hearing, motion or recommendation requiring official vote and approval of the City Council to be effective. • Informational Item: shall mean an agenda item consisting only of an informational report that does not require or permit Council action. • Consent Item shall mean, for the purposes of the City Council agenda: 1) approval of Council minutes, and 2) any action or informational item placed on a Council agenda for a Regular Meeting or Special Meeting (i) as a Consent Item by the Rules and Legislation Committee, (ii) pursuant to Rule 28, or (iii) that a Standing Committee has forwarded to the full Council with unanimous recommendation for approval by the members who are present: Consent Item shall not include: 1) any item having a high level of public interest or controversy as determined by the Standing Committee Chair, or the Rules and Legislation Committee, or pursuant to Rule 28; 2) any item that requires a public hearing or that otherwise is ineligible by law as a Consent Item. • Non-Consent Item shall mean, for the purposes of a City Council agenda for a Regular Meeting or Special Meeting, any action or informational item that: 1) a Standing Committee has forwarded to the full Council without unanimous recommendation for approval; 2) has a high level of public interest or controversy as determined by a Standing Committee Chair, the Rules and Legislation Committee, or pursuant to Rule 28; or 3) requires a public hearing or is otherwise ineligible by law as a Consent Item.
PAGE BREAK
ROLL CALL / CITY COUNCIL
Call To Order
Modifications To The Agenda And Procedural Items, Including But Not Limited To Requests To: Reschedule Items From Consent To Non-Consent, Items To The Next Council Agenda, Speak On Consent Calendar, Register Votes, Change Order Of Items, Reconsiderations, Pull Items Held In Committee
Subject: Second Amendment To Coliseum Complex Sale Agreement From: Economic And Workforce Development Department And Finance Department Recommendation: Adopt An Ordinance (1) Authorizing The City Administrator To Amend The Purchase And Sale Agreement Of The City Of Oakland’s Undivided 50% Interest In The Coliseum Complex Located At 7000 Coliseum Way, Oakland, California, To Allow The Simultaneous Sale Of The Arena Parcel For The Lump Sum Payment Of $50 Million And The Stadium Parcel For $60 Million With Seller Financing From The City, Crediting The $5 Million Deposit Held By The City Prior To The Sale; (2) Authorizing The City Administrator To Negotiate And Execute An Agreement Pursuant Which The Buyers Agree To Pay To The City 6% Of The Annual Gross Ticket Sales For Any Event At The Arena Parcel And The Stadium Parcel Less Applicable Taxes; (3) Amending Ordinance No. 13801 C.M.S. Conditioning The Sale To Require Development Of On-Site, Affordable Housing And Other Benefits To Solely The Sale Of The City’s Interest In The Stadium Parcel; (4) Authorizing The City Administrator To Facilitate Closing Prior To December 31, 2026 By Redirecting To The Buyer Of The Stadium Parcel A Portion Of The Pro Rata Share Of The City’s Annual Subsidy Of The Stadium Parcel Based On A Per Day Amount Of $16,438.36 Limited To The Period Between The Stadium Parcel Closing And December 31, 2026; And (5) Adopting California Environmental Quality Act Findings
Council Acknowledgments/Annoucements
OPEN FORUM / PUBLIC COMMENTS
ADJOURNMENT
Americans With Disabilities Act If you need special assistance to participate in Oakland City Council and Committee meetings please contact the Office of the City Clerk. When possible, please notify the City Clerk 5 days prior to the meeting so we can make reasonable arrangements to ensure accessibility. Also, in compliance with Oakland's policy for people with environmental illness or multiple chemical sensitivities, please refrain from wearing strongly scented products to meetings. Office of the City Clerk - Agenda Management Unit Phone: (510) 238-6406 Fax: (510) 238-6699 Recorded Agenda: (510) 238-2386 Telecommunications Display Device: (510) 238-3254 。
THE HANGING OF BANNERS, POSTERS, SIGNS, OR ANY MATERIAL ON OR OVER THE GALLERY BANNISTERS IS STRICTLY PROHIBITED IN ORDER TO ENSURE THE SAFETY OF THOSE ATTENDING MEETINGS.
MATERIALS RELATED TO ITEMS ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKETS MAY BE VIEWED IN THE OFFICE OF THE CITY CLERK, 1 FRANK H. OGAWA PLAZA, 1ST AND 2ND FLOOR, OAKLAND, CA 94612 FROM 8:30 A.M. TO 5:00 P.M.
The Roll Call Was Modified To Note Councilmember Fife Present At 10:38 A.M.
COUNCIL PRESIDENT JENKINS RELINQUISHED THE CHAIR AT 11:09 A.M. AND COUNCILMEMBER RAMACHANDRAN PRESIDED AS CHAIRPERSON.

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Summary

Coliseum sale advances with amendments

OaklandJul 13, 20262 min read

At a glance

Quick context to catch up fast.

Projects mentioned

Browse all related coverage for the main local project pages tied to this summary.

Oakland Redevelopment Economic And Workforce Development C.M.S. Conditioning The Sale To Require Development

Committees mentioned

Open the committee coverage hubs tied to this summary.

Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council

Topics discussed

CommerceHousing

View official document

Was this summary helpful?

Your feedback helps us prioritize what to improve next.

What this means

Key decisions

Follow the major takeaways from this briefing.

Approved as amended on introduction the ordinance to amend the Coliseum Complex purchase and sale agreement.
Removed the provision that would have appropriated and directed initial lump sum proceeds to the California Public Employees Retirement System.
Forwarded the item for final passage at the July 21, 2026 concurrent meeting of the Oakland Redevelopment Successor Agency and City Council.
Recorded a 6-1 vote, with Councilmember Gallo voting no and Councilmember Fife excused.

Timeline & follow-ups

Action items flagged by the community.

No follow-ups have been shared yet. Add one in the community board below.

Meeting information

Details and records from this meeting.

Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council

Jul 13, 2026, 5:30 PMCity Council Chamber, 3rd Floorscheduled

Agenda

The Special Current Meeting of the City Council convened at 10:37 A.M., with Council President Jenkins presiding as Chairperson.
DEFINITION OF TERMS: • Action Item: shall mean any resolution, ordinance, public hearing, motion or recommendation requiring official vote and approval of the City Council to be effective. • Informational Item: shall mean an agenda item consisting only of an informational report that does not require or permit Council action. • Consent Item shall mean, for the purposes of the City Council agenda: 1) approval of Council minutes, and 2) any action or informational item placed on a Council agenda for a Regular Meeting or Special Meeting (i) as a Consent Item by the Rules and Legislation Committee, (ii) pursuant to Rule 28, or (iii) that a Standing Committee has forwarded to the full Council with unanimous recommendation for approval by the members who are present: Consent Item shall not include: 1) any item having a high level of public interest or controversy as determined by the Standing Committee Chair, or the Rules and Legislation Committee, or pursuant to Rule 28; 2) any item that requires a public hearing or that otherwise is ineligible by law as a Consent Item. • Non-Consent Item shall mean, for the purposes of a City Council agenda for a Regular Meeting or Special Meeting, any action or informational item that: 1) a Standing Committee has forwarded to the full Council without unanimous recommendation for approval; 2) has a high level of public interest or controversy as determined by a Standing Committee Chair, the Rules and Legislation Committee, or pursuant to Rule 28; or 3) requires a public hearing or is otherwise ineligible by law as a Consent Item.
PAGE BREAK
ROLL CALL / CITY COUNCIL
Call To Order
Modifications To The Agenda And Procedural Items, Including But Not Limited To Requests To: Reschedule Items From Consent To Non-Consent, Items To The Next Council Agenda, Speak On Consent Calendar, Register Votes, Change Order Of Items, Reconsiderations, Pull Items Held In Committee
Subject: Second Amendment To Coliseum Complex Sale Agreement From: Economic And Workforce Development Department And Finance Department Recommendation: Adopt An Ordinance (1) Authorizing The City Administrator To Amend The Purchase And Sale Agreement Of The City Of Oakland’s Undivided 50% Interest In The Coliseum Complex Located At 7000 Coliseum Way, Oakland, California, To Allow The Simultaneous Sale Of The Arena Parcel For The Lump Sum Payment Of $50 Million And The Stadium Parcel For $60 Million With Seller Financing From The City, Crediting The $5 Million Deposit Held By The City Prior To The Sale; (2) Authorizing The City Administrator To Negotiate And Execute An Agreement Pursuant Which The Buyers Agree To Pay To The City 6% Of The Annual Gross Ticket Sales For Any Event At The Arena Parcel And The Stadium Parcel Less Applicable Taxes; (3) Amending Ordinance No. 13801 C.M.S. Conditioning The Sale To Require Development Of On-Site, Affordable Housing And Other Benefits To Solely The Sale Of The City’s Interest In The Stadium Parcel; (4) Authorizing The City Administrator To Facilitate Closing Prior To December 31, 2026 By Redirecting To The Buyer Of The Stadium Parcel A Portion Of The Pro Rata Share Of The City’s Annual Subsidy Of The Stadium Parcel Based On A Per Day Amount Of $16,438.36 Limited To The Period Between The Stadium Parcel Closing And December 31, 2026; And (5) Adopting California Environmental Quality Act Findings
Council Acknowledgments/Annoucements
OPEN FORUM / PUBLIC COMMENTS
ADJOURNMENT
Americans With Disabilities Act If you need special assistance to participate in Oakland City Council and Committee meetings please contact the Office of the City Clerk. When possible, please notify the City Clerk 5 days prior to the meeting so we can make reasonable arrangements to ensure accessibility. Also, in compliance with Oakland's policy for people with environmental illness or multiple chemical sensitivities, please refrain from wearing strongly scented products to meetings. Office of the City Clerk - Agenda Management Unit Phone: (510) 238-6406 Fax: (510) 238-6699 Recorded Agenda: (510) 238-2386 Telecommunications Display Device: (510) 238-3254 。
THE HANGING OF BANNERS, POSTERS, SIGNS, OR ANY MATERIAL ON OR OVER THE GALLERY BANNISTERS IS STRICTLY PROHIBITED IN ORDER TO ENSURE THE SAFETY OF THOSE ATTENDING MEETINGS.
MATERIALS RELATED TO ITEMS ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKETS MAY BE VIEWED IN THE OFFICE OF THE CITY CLERK, 1 FRANK H. OGAWA PLAZA, 1ST AND 2ND FLOOR, OAKLAND, CA 94612 FROM 8:30 A.M. TO 5:00 P.M.
The Roll Call Was Modified To Note Councilmember Fife Present At 10:38 A.M.
COUNCIL PRESIDENT JENKINS RELINQUISHED THE CHAIR AT 11:09 A.M. AND COUNCILMEMBER RAMACHANDRAN PRESIDED AS CHAIRPERSON.