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26-0762

Subject: Costco Exclusive Negotiation Agreement From: Economic And Workforce Development Department Recommendation: Adopt A Resolution (1) Authorizing The City Administrator To Negotiate And Execute An Exclusive Negotiation Agreement With Costco Wholesale Corporation For Development Of A Costco Store On City Property Located At 101 Admiral Robert Toney Way And 2308 Wake Avenue, For A 24 Month Term, Conditioned On A $300,000 Exclusive Negotiation Payment, With Two Additional Six-Month Administrative Extensions, Each Conditioned On Payment Of An Additional $25,000; (2) Waiving Competitive Bidding Under Oakland Municipal Code Chapter 2.42; And (3) Adopting California Environmental Quality Act Findings

City Resolution Passed Introduced May 27, 2026

What this record is

Held by
Costco Wholesale Corporation 4 records across this site
Amount
$300K
Runs until
no end date published in this record
Type
amendment

Read automatically from the title of the official record. The source document below is authoritative.

Costco Wholesale Corporation also holds

Subject: Terms For An Exclusive Negotiating Agreement From: Councilmember Fife Recommendation: Adopt A Resolution (1) Authorizing The City Administrat… Oakland, CA ORD-24-900842: Conduct a public hearing on an ordinance to consider adoption of a Development Agreement with Costco Wholesale Corporation for a retail… Clark County, NV ORD-24-900842: Introduce an ordinance to consider adoption of a Development Agreement with Costco Wholesale Corporation for a retail building with a g… Clark County, NV
Committee
Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council/Geologic Hazard Abatement District Board
Requested by
Economic & Workforce Development Department
Introduced
May 27, 2026
On agenda
July 7, 2026
Passed
July 7, 2026
Enactment no.
91254 CMS

Where it was heard

Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council/Geologic Hazard Abatement District Board Jul 7, 2026 Adopted Pass *Rules & Legislation Committee Jun 25, 2026 Scheduled *Community & Economic Development Committee Jun 23, 2026 Approved the Recommendation of Staff, and Forward Pass *Rules & Legislation Committee Jun 4, 2026 Scheduled