Title
Recommendation to Approve City Manager Gerry Beaudin, Base Reuse and Economic Development Director Abigail Thorne-Lyman, Economic Development Division Manager Dwayne Dalman, and Assistant City Attorney Len Aslanian as Real Property Negotiators (Alameda Theater & Cineplex, 2317 Central Avenue). [City Council and SACIC] (Base Reuse and Economic Development 10061810)
Body
To: Honorable Mayor and Members of the City Council
From: Gerry Beaudin, City Manager
EXECUTIVE SUMMARY
Staff is recommending that City Council designate City Manager Gerry Beaudin, Base Reuse and Economic Development Director Abigail Thorne-Lyman, Economic Development Division Manager Dwayne Dalman, and Assistant City Attorney Len Aslanian as the real property negotiators for the lease and loans for the Alameda Theater & Cineplex located at 2317 Central Avenue, Alameda, which will allow them to meet with City Council in closed session to discuss price and terms of the lease and loans related to the operation of the theater in a manner compliant with all applicable laws and to represent the City of Alameda (City) in negotiations with a public or private party.
BACKGROUND
The Alameda Theatre is an Art Deco movie theatre built in 1932 and located at 2317 Central Avenue. A restoration and expansion project was completed in 2008, making the historic theater the primary anchor of an eight-screen multiplex. The theater's operator secured a bank loan and two loans from the City to complete the restoration and expansion. The operator has requested that the City allow him to restructure his existing debt through a purchase of the property and/or restructure of the City loans.
DISCUSSION
Under Government Code Section 54956.8, Title 5, Division 2, Part 1, Chapter 9, City Council must identify, in an open and public session, the real property negotiators for negotiation of the price and terms concerning real property, such as the Premises. Staff is recommending that City Council approve City Manager Gerry Beaudin, Base Reuse and Economic Development Director Abigail Thorne-Lyman, Economic Development Division Manager Dwayne Dalman, and Assistant City Attorney Len Aslanian as the real property negotiators for the lease and loans for the premises, which will allow them to meet with City Council in closed session to discuss lease and loan terms for this property in a manner compliant with all applicable laws and to represent the City in negotiations with a public or private party.
ALTERNATIVES
• Approve City Manager Gerry Beaudin, Base Reuse and Economic Development Director Abigail Thorne-Lyman, Economic Development Division Manager Dwayne Dalman, and Assistant City Attorney Len Aslanian as real property negotiators for the Premises.
• Identify other staff as negotiators.
• Choose not to negotiate terms related to price and terms of the lease and loans of the Alameda Theater & Cineplex premises and thus do not identify negotiators.
FINANCIAL IMPACT
There is no financial impact from the approval of real property negotiators.
MUNICIPAL CODE/POLICY DOCUMENT CROSS REFERENCE
This action is consistent with the Alameda Municipal Code. This action is consistent with Strategic Plan Priority TIEH26. This action is subject to the Levine Act.
ENVIRONMENTAL REVIEW
This action does not constitute a “project” as defined in California Environmental Quality Act (CEQA) Guidelines Section 15378 and therefore no further CEQA analysis is required.
CLIMATE IMPACTS
There are no identifiable climate impacts or climate action opportunities associated with the subject of this report.
RECOMMENDATION
Approve City Manager Gerry Beaudin, Base Reuse and Economic Development Director Abigail Thorne-Lyman, Economic Development Division Manager Dwayne Dalman, and Assistant City Attorney Len Aslanian as the real property negotiators for the price and terms of the lease of the Alameda Theater & Cineplex premises located at 2317 Central Avenue, Alameda.
Respectfully submitted,
Abigail Thorne-Lyman, Base Reuse and Economic Development Director
By,
Dwayne Dalman, Economic Development Division Manager
Financial Impact section reviewed,
Ross McCarthy, Finance Director