Legislation Details

File #: 26-0912    Version: 1
Type: City Resolution Status: In Committee
File created: 7/15/2026 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 7/21/2026 Final action:
Title: Subject: Coliseum Payment Allocation From: Finance Department Recommendation: Adopt A Resolution Appropriating And Allocating Fifty Million Dollars Of The Proceeds Of The Sale Of The City Of Oakland's Undivided Fifty Percent Interest In The Coliseum Complex To California Public Employees Retirement System For A Discretionary Payment Of City's Unfunded Accrued Liability For Retirement Benefits
Sponsors: Finance Department
Attachments: 1. View Report, 2. View Legislation

Title

Subject:                      Coliseum Payment Allocation

From:                                           Finance Department

Recommendation: Adopt A Resolution Appropriating And Allocating Fifty Million Dollars Of The Proceeds Of The Sale Of The City Of Oakland’s Undivided Fifty Percent Interest In The Coliseum Complex To California Public Employees Retirement System For A Discretionary Payment Of City’s Unfunded Accrued Liability For Retirement Benefits