pages: CityCouncil/2013-04-16.pdf, 12
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CityCouncil | 2013-04-16 | 12 | Councilmember Daysog moved approval of the staff recommendation. Vice Mayor Ezzy Ashcraft seconded the motion, which carried by unanimous voice vote - 5. (13-174) Vice Mayor Ezzy Ashcraft moved approval of continuing the meeting past 11:00 p.m. Councilmember Chen seconded the motion, which carried by the following voice vote: Ayes: Councilmembers Chen, Daysog, Ezzy Ashcraft and Mayor Gilmore - 4. Noes: Councilmember Tam - 1. (13-175) Introduction of Ordinance Approving a Lease and Authorizing the City Manager to Execute Documents Necessary to Implement the Terms of a Lease Amendment with Margaret Su Doing Business As Wonky and Wonky Kitchen LLC Extending Current Lease for up to Fifteen Months and 28 Days in Building 119 Located at 151 West Seaplane Lagoon at Alameda Point. Introduced. The Economic Development Division Manager gave a brief presentation. Councilmember Chen moved introduction of the ordinance. Vice Mayor Ezzy Ashcraft seconded the motion, which carried by unanimous voice vote - 5. (13-176) Introduction of Ordinance Approving a Lease and Authorizing the City Manager to Execute Documents Necessary to Implement the Terms of a Lease with Auctions by the Bay, Inc. for Three Years in Building 18 Located at 2700 Saratoga Street at Alameda Point. Introduced. The Economic Development Division Manager gave a brief presentation. Councilmember Chen inquired what formula is used to calculate base rent. The Economic Development Division Manager responded the formula is based on comparable spaces outside of Alameda Point and includes adjustments based on tenant investments, infrastructure challenges, building comparisons and similar East Bay uses; stated Alameda Point rents are consistent with the East Bay. Councilmember Chen stated the rental market is on the up-swing; rental space is all about supply and demand; inquired how much current rental space is in move-in condition. The Economic Development Division Manager responded most of the spaces are very large; stated many inquiries are from small users; large space is more challenging and Regular Meeting Alameda City Council 12 April 16, 2013 | CityCouncil/2013-04-16.pdf |