pages: CityCouncil/2018-04-03.pdf, 5
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CityCouncil | 2018-04-03 | 5 | Councilmember Ezzy Ashcraft inquired how many employees Amber Kinetics has. Mr. Stout responded there 50 employees currently. Councilmember Ezzy Ashcraft inquired whether the company is still growing, to which Mr. Stout responded in the affirmative. Mayor Spencer inquired where the 50 employees work, to which Mr. Stout responded the employees work in Union City. Councilmember Ezzy Ashcraft inquired whether Amber Kinetics is contemplating a move to Alameda, to which Mr. Stout responded it is a possibility. Councilmember Oddie moved introduction of the ordinance. Vice Mayor Vella seconded the motion, which carried by unanimous voice vote - 5. (18-190) Introduction of Ordinance Approving a Lease and Authorizing the City Manager to Execute Documents Necessary to Implement the Terms of a Lease with Faction Brewing Company, LLC a California Limited Liability Company, for a Ten-Year Lease with Two Ten-Year Extension Options for Building 22, Bay 200 Located at 2501 Monarch Street at Alameda Point. Introduced. The Assistant Community Development Director gave a brief presentation. Councilmember Ezzy Ashcraft inquired how the lease amount compares to other properties in the area. The Assistant Community Development Director responded the comparable properties range from $0.56 to $0.78 a square foot; the Faction Lease is $0.62 a square foot. Mayor Spencer inquired what other breweries in the area are paying. The Assistant Community Development Director responded that she is unaware of what other breweries are paying. Mayor Spencer inquired what comparable means. The Assistant Community Development Director responded industrial, same size and type of building. Mayor Spencer inquired whether comparable means brewery. The Assistant Community Development Director responded in the negative. Regular Meeting Alameda City Council 4 April 3, 2018 | CityCouncil/2018-04-03.pdf |