City Council Authorization to Execute Purchase and Sale Agreement for the Coliseum Property
Summary
SCH Number
2026040745
Public Agency
City of Oakland
Document Title
City Council Authorization to Execute Purchase and Sale Agreement for the Coliseum Property
Document Type
NOE - Notice of Exemption
Received
Posted
4/16/2026
Document Description
This Project represents the Council's approval of an Ordinance authorizing the City Administrator to negotiate and execute a Purchase and Sale Agreement with AASEG Land LLC, a Delaware Limited Liability Company, or its affiliate, for the sale of the City of Oakland's undivided 50 percent interest in property located at 7000 Coliseum Way, Oakland, California, for One Hundred and Five Million Dollars ($105,000,000). No specific project has been considered with the authorization given to the City Administrator.
Contact Information
Name
Edward Manasse
Agency Name
City of Oakland
Job Title
Deputy Director/City Planner
Contact Types
Lead/Public Agency
Phone
Email
Location
Cities
Oakland
Counties
Alameda
Regions
Citywide
Cross Streets
7000 Coliseum Way, Oakland, CA
Zip
94621
Notice of Exemption
Exempt Status
Categorical Exemption
Type, Section or Code
15378(b)(4)
Reasons for Exemption
This is an action by City Council to authorize the City Administrator to enter into a Purchase and Sale Agreement, and take other actions associated with the City's negotiations to sell real property commonly referred to as the "Coliseum Property" at 7000 Coliseum Way. This action is not subject to CEQA because it involves government fiscal activities, which do not involve any commitment to any specific project that may result in a potential significant physical impact on the environment (Section 15378(b)(4) of the State CEQA Guidelines). The action is also exempt under the provisions of CEQA and the State CEQA Guidelines because the transfer of ownership of interest in land does not include any activity or change in the existing uses or condition of the property that has the potential for causing a significant effect on the environment (Section 15061(b)(3) of the State CEQA Guidelines). The City has not yet made any land use decisions regarding the property, and has not considered or reviewed any project or change to the property's current use or condition in any way. If and when AASEG Land LLC decides to use the property for any specific project, the City will then consider the owner's project application and undergo CEQA analysis then.
Exempt Status
Statutory Exemption
Type, Section or Code
15061(b)(3)
Reasons for Exemption
This is an action by City Council to authorize the City Administrator to enter into a Purchase and Sale Agreement, and take other actions associated with the City's negotiations to sell real property commonly referred to as the "Coliseum Property" at 7000 Coliseum Way. This action is not subject to CEQA because it involves government fiscal activities, which do not involve any commitment to any specific project that may result in a potential significant physical impact on the environment (Section 15378(b)(4) of the State CEQA Guidelines). The action is also exempt under the provisions of CEQA and the State CEQA Guidelines because the transfer of ownership of interest in land does not include any activity or change in the existing uses or condition of the property that has the potential for causing a significant effect on the environment (Section 15061(b)(3) of the State CEQA Guidelines). The City has not yet made any land use decisions regarding the property, and has not considered or reviewed any project or change to the property's current use or condition in any way. If and when AASEG Land LLC decides to use the property for any specific project, the City will then consider the owner's project application and undergo CEQA analysis then.
County Clerk
Alameda
Attachments
Notice of Exemption
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