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Costar Realty Information, Inc. / Closed Session

Council File 26-1129

Pending — the City Attorney is seeking a closed-session meeting to discuss legal advice on a Business License Tax dispute with CoStar Realty Information, but the Budget and Finance Committee hasn't yet scheduled or acted on the request.

Introduced
2026-08-13
Last changed
2026-09-11
Status
open
Expires
2028-09-11
Committee
Budget and Finance Committee
Initiated by
City Attorney
References
City Attorney Report: R26-0471

Brief

The City Attorney initiated this file on August 13, 2026, submitting a report on CoStar Realty Information, Inc. The matter was referred to the Budget and Finance Committee and is proceeding under closed-session rules, indicating sensitive legal, contractual, or financial content that is not publicly disclosed at this stage. The committee has scheduled the item for its September 15, 2026 meeting. No public details about the substance are available.

Full summary

City Attorney Hydee Feldstein Soto is requesting that the City Council convene a closed session to receive legal advice regarding pending litigation involving CoStar Realty Information, Inc. The closed session is authorized under California Government Code Section 54956.9(d)(2), which permits confidential council discussions when there is significant exposure to litigation. The City Attorney's office identifies this as one case, and discloses that it arises from a Business License Tax assessment — meaning CoStar Realty Information, a commercial real estate data and analytics company, is apparently contesting or otherwise involved in a dispute over how the city assessed its Business License Tax obligations. The report was signed by Chief Assistant City Attorney Michael J. Dundas on behalf of City Attorney Feldstein Soto, and Deputy City Attorney Charles S. Hong is listed as the point of contact. The office notes that a representative will be present when the Council takes up the matter to answer questions. Beyond the Business License Tax assessment context, the substantive details of the dispute — including the amounts at issue, the city's legal position, or any potential settlement posture — are not part of the public record, as the closed-session process is designed to protect attorney-client communications in active or anticipated litigation. The report was referred to the Budget and Finance Committee on August 14, 2026, where it remains pending. No committee action has been reported yet.

Activity (3)

  • 2026-09-11 Budget and Finance Committee scheduled item for committee meeting on September 15, 2026.
  • 2026-08-14 City Attorney document(s) referred to Budget and Finance Committee.
  • 2026-08-13 Document submitted by City Attorney, dated August 13, 2026.

Documents (1)

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