Title
Introduction of Ordinance Authorizing the Interim City Manager to Execute a New Lease with Kai Concepts, LLC., a California Limited Liability Company, for Sixty Months for a Portion of Building 168, Located at 1651 Viking Street, Alameda, CA; and a Lease with Kai Concepts, LLC., for Sixty Months for a Portion of Pier 1, Located at Alameda Point, Alameda, CA.
In accordance with the California Environmental Quality Act (CEQA), this action is categorically exempt from further environmental review pursuant to CEQA Guidelines Section 15301 (Existing Facilities) and 15061(b)(3) (Common Sense). (Base Reuse and Economic Development 29061822 and 29061821)
Body
To: Honorable Mayor and Members of the City Council
From: Adam W. Politzer, Interim City Manager
EXECUTIVE SUMMARY
Staff recommends that the City Council authorize the Interim City Manager to: (i) execute a lease with Kai Concepts, LLC (Kai Concepts) for sixty (60) months for approximately 28,636 square feet of interior space and 17,270 square feet of adjacent land of Building 168 located at 1651 Viking Street at Alameda Point (B168 Leased Premises [Exhibit [AW1][AC2]1]), and (ii) execute a lease with Kai Concepts for sixty (60) months for a portion of Pier 1 located at Alameda Point (Pier 1 Leased Premises [Exhibit 2]). These agreements are collectively referred to as Leases.
BACKGROUND
Kai Concepts is a company working on innovations in the field of water sports, including windsurfing and kitesurfing. The company employs a team of engineers, sailors and software developers who are building and testing kites for large-scale propulsion in waterborne transportation.
Since 2013, Kai Concepts has occupied two locations at Alameda Point; a portion of Building 168 for research and development of kite-powered craft, including design, manufacturing, and testing, and also a small space at Pier 1 for water access to launch and test kite-powered crafts.
Building 168, located in the Enterprise District of ...
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