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

What this record is

Held by

Costco Wholesale Corporation 6 records across this site

Amount

$300K

Runs until

May 27, 2028 2 years away date calculated from a contract term stated in the record, not quoted directly

Type

contract

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Costco Wholesale Corporation also holds

<p data-pasted="true">Request for Mayor and City Council Consideration of a Resolution to Approve and Accept an Agreement to Purchase Fee Simple Right… Sandy Springs, GA 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 Public Hearing and First Reading of Ordinance No. 1418 - Amendment to Development Agreement with Costco Wholesale Corporation Ridgefield, WA

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

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