Note: The agenda and transcript indicate the meeting was scheduled for August 13, 2026, but the meeting date is reported as August 17, 2026 per the provided information.
The Alameda County Board of Supervisors held a special meeting on August 17, 2026, to consider the First Amendment to the Non-Binding Term Sheet for the sale of the county's half undivided interest in the Oakland-Alameda County Coliseum Complex. The amendment included a carve-out from the environmental release and indemnity provisions for the arena buyer's purchase of the arena parcel from Oakland Acquisition Company (OAC). The meeting began with a closed session (no reportable action) and proceeded to public comment and deliberation. The board voted 3-0 to adopt the amendment, with two supervisors excused.
Good evening, everyone. I'd like to call to order this special meeting of the Alameda County Board of Supervisors Thursday, August 13th. I'll ask the clerk to call roll. Supervisor Marquez, excuse. Supervisor Tam, excuse. Supervisor Miley. Here. Supervisor Fortunato Baz. Present. President Halbert. Present. We have a quorum. Thank you very much. The first item before us is public comment on closed session items. I will ask if there's any public comment on closed session items in the room first and then online. No speakers. Very good. With that said, we will recess into closed session. We're in recess. Good evening, everyone. We're going to reconvene from closed session. I'll ask the clerk to please call the role to establish our quorum. Supervisor Marquez, excused. Supervisor Tim excused. Supervisor Miley. Supervisor Fortunato Bath present. President Halbert. Present. We have a quorum. Thank you very much. County Council, is there any reportable action from closed session? No, President Halbert. There was no reportable action taken in closed session. Very good. Today then we'll proceed with the general administration item number one, Halbert and Miley adopting the first amendment to the non-binding term sheet among the county, Coliseum Way Partners, LLC and Oakland Acquisition Company, LLC, otherwise known as OAC for the sale of the county's half undivided interest in the Oakland Alameda County Coliseum Complex to include a carve out from the environmental release and indemnity provisions for the arena buyer's purchase of the arena parcel from OAC. I know that was a mouthful. We also have an attachment to this item. I guess I'll ask staff if they have anything to say or present on this item. Or questions from my colleagues. Changing the liability of the sale of the arena. Supervisor Miley. Oh yeah, thank you. You know, big deal. It's important that we move move this, you know. It's like moving pieces in a chess match. It's important that we move this piece. Um, or if we think of a sporting event, it's important that we advance the ball down the down the field, get in the red zone, and score touchdown. Uh that sort of thing. So uh I know by taking this action. Um there's some hesitation, some discomfort, um, and and not quite frankly, some risk.