Title
Final Passage of Ordinance Approving the Second Lease Amendment for Twelve Months with Margaret Su dba Wonky and Wonky Kitchen, LLC in Building 119 Located at 151 West Seaplane Lagoon at Alameda Point. (Base Reuse 819099)
Body
CITY OF ALAMEDA ORDINANCE NO. ______
New Series
APPROVING A LEASE AND AUTHORIZING THE CITY MANAGER TO EXECUTE DOCUMENTS NECESSARY TO IMPLEMENT THE TERMS OF A SECOND LEASE AMENDMENT WITH MARGARET SU DBA WONKY AND WONKY KITCHEN LLC EXTENDING THEIR CURRENT LEASE FOR UP TO TWELVE MONTHS IN BUILDING 119 LOCATED AT 151 WEST SEAPLANE LAGOON AT ALAMEDA POINT
WHEREAS, the City entered into the original lease agreement with Wonky and Wonky Kitchen LLC for Building 119 in August 2012 and the initial term of the lease was for one year; and
WHEREAS, the proposed lease amendment adds twelve months to the existing agreement and will expire in December 2015; and
WHEREAS, Building 119 is approximately 4,700 square feet; and
WHEREAS, the tenant has made improvements to the building to accommodate its commercial kitchen use; and
WHEREAS, the rent under the proposed lease amendment will be slightly increased from one thousand seven hundred dollars ($1,700) monthly or $20,400 annually to two thousand dollars ($2,000) monthly or $24,000 annually; and
WHEREAS, the sole use for which the premises may be used by the tenant is for commercial kitchen use for food production and packaging. Additionally, the tenant may rent a portion of the premises up to a maximum of 1,600 square feet for commercial kitchen use; and
WHEREAS, in addition to the base rent, the tenant has provided a $1,645 security deposit, representing one month's rent under the previous agreement and the tenant will comply with all other leasing requirements including providing insurance that is satisfactory to the City.
NOW THEREFORE, BE IT ORDAINED by the City Council of the City of Alameda that by four aff...
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