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18743 | The Economic Development Division Manager gave a brief presentation. Councilmember deHaan inquired why the term is only five years. The City Manager responded the City does not want to tie the building down for more than five years. Councilmember deHaan stated that he is surprised the renewal is only five years, since the company is very successful and has been at Alameda Point for a very long period of time. The City Manager stated the tenant is very happy with the lease. Vice Mayor Bonta inquired the length of the prior lease and number of renewals, to which the Economic Development Division Manager responded the tenant has been at Alameda Point since 1998 and has had multiple renewals. Councilmember deHaan stated their initial lease was around 8 to 10 years. Councilmember Johnson moved introduction of the ordinance. Vice Mayor Bonta seconded the motion, which carried by unanimous voice vote - 5. (12-371) Introduction of Ordinance Approving a Lease and Authorizing the City Manager to Execute Documents Necessary to Implement the Terms of the Lease with American Bus Repair LLC, Doing Business As Coach Specialties, for Two Years in a Portion of Building 24 at Alameda Point, 2301 Monarch Street. Introduced. The Economic Development Division Manager gave a brief presentation. Councilmember Johnson moved introduction of the ordinance. Councilmember Johnson inquired why the renewal is only for two years, to which the Economic Development Division Manager responded the tenant is occupying one of three bays in Building 24; stated another Building 24 tenant, Rockwall Winery, would like to expand. Councilmember Johnson inquired if staff is looking for another facility for American Bus, to which the City Manager responded in the affirmative; stated staff should be able to work out something to help everybody expand and create more jobs. Councilmember Johnson moved introduction of the ordinance. Councilmember deHaan seconded the motion, which carried by unanimous voice vote - 5. Regular Meeting Alameda City Council 11 July 3, 2012 |