pages: CityCouncil/2015-10-20.pdf, 22
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CityCouncil | 2015-10-20 | 22 | the site location indicated; screening; 1 year revisit, including number of truck trips. Councilmember Oddie seconded the motion. Vice Mayor Matarrese stated the use is fitted for zoning, keeps jobs in Alameda and provides potential for additional jobs. Councilmember Oddie stated it is good to get the industrial use out of Spirits Alley and place it where the ships and tidelands industrial use is more appropriate. Councilmember Daysog stated that he does not see the containers as fitting the vision along the waterfront. The Chief Operations Officer-Alameda Point stated staff feels the use is good; it is in a tidelands area that does not have a lot of use potential; Matson is willing to pay market value; the use is restricted and there is less potential for demand; the building has been vacant for 21/2 years and needs a $500,000 roof; Matson is putting $4,000,000 into the building; removing a previous tenant cost the City over $1,000,000; Matson would put significant dollars of investment into a building that is falling apart. Mayor Spencer inquired about the current lease term. The Economic Development Division Manager responded Matson is a subtenant to West Coast Novelty, who terminated their lease, the sublease will terminate at the end of the year. Mayor Spencer inquired whether Matson is looking for a new lease. The Economic Development Division Manager responded in the affirmative; stated Matson is a maritime use and the new site is a maritime building; other interest in the building passed when they found out how much they would have to invest; the City has tried to lease building for 21/2 years; Matson needed a new building. Mayor Spencer inquired if a 5 year lease is possible. The Economic Development Division Manager responded in the negative; stating the entire agreement would have to be renegotiated; Matson has to finance the improvements. Mayor Spencer inquired how much the improvements would be. The Economic Development Division Manager responded the roof is $500,000 and Matson plans to put $4,000,000 more into the building. Vice Mayor Matarrese stated it is an investment into a building the City owns that no one wants to invest in; the tenancy will attract other marquee names; getting cruise Regular Meeting Alameda City Council 22 October 20, 2015 | CityCouncil/2015-10-20.pdf |