SAW:AFS:CAG
8/12/2026
T-52487\ 2337495 1
Council Agenda: 8/25/26
Item No.: 3.4(a)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
RESOLUTION NO.
A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN
JOSE AUTHORIZING THE CI TY MANAGER, OR HER
DESIGNEE, TO NEGOTIATE AND EXECUTE A
MEMORANDUM OF UNDERSTANDING TO SECURE A
PERFORMANCE AND PARTNERSHIP AGREEMENT AND
A COMMUNITY BENEFIT AG REEMENT WITH TOKAY
ENERGY STORAGE 1, LLC
WHEREAS, the City of San José (“City”) City Council desires to adopt this resolution for the reasons set forth in t he memorandum, dated August 11, 2026, from the Director of Public Works and Matt Loesch for t he August 25, 2026 City Council meeting (“Memorandum”);
NOW, THEREFORE, BE IT RESOLVED BY THE CO UNCIL OF THE CITY OF SAN JOSE THAT:
The City Manager, or her desi gnee, is hereby authorized to negotiate and execute a Memorandum of Understanding to secure a performance and par tnership agreement and a Community Benefit Agr eement with Tokay Energy Storage 1, LLC for the purposes described in the Memorandum.
SAW:AFS:CAG
8/12/2026
T-52487\ 2337495 2
Council Agenda: 8/25/26
Item No.: 3.4(a)
DRAFT--Contact the Office of the City Clerk at (408)535-1260 or [email protected] for final document.
ADOPTED this _____ day of ___________, 2026, by the following vote:
AYES:
NOES:
ABSENT:
DISQUALIFIED:
MATT MAHAN
Mayor
ATTEST:
TONI J. TABER, MMC
Cit
y Clerk