Title
Final Passage of Ordinance Authorizing the City Manager to Execute a Fifth Amendment to the License with Amber Kinetics, Inc., a California Corporation, to Extend the License Term for Twelve Months and to Establish a New Monthly Rent for the Unimproved Lot Located at 641 West Red Line Avenue for Electrical Systems Storage.
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). (Base Reuse and Economic Development 29061822)
Body
The staff report for this ordinance was included when the ordinance was introduced and is available at the following link:
https://alameda.legistar.com/LegislationDetail.aspx?ID=6323095&GUID=70DF8BFF-4F58-4E77-95E6-698E7B3A4C21&Options=&Search=&FullText=1
A redline version of the lease is attached, which reflects changes made to the lease when the ordinance was introduced.
CITY OF ALAMEDA ORDINANCE NO.
New Series
AUTHORIZING THE CITY MANAGER TO EXECUTE A FIFTH AMENDMENT TO THE LICENSE WITH AMBER KINETICS, INC., A CALIFORNIA CORPORATION, TO EXTEND THE LICENSE TERM FOR TWELVE MONTHS AND TO ESTABLISH A NEW MONTHLY RENT FOR THE UNIMPROVED LOT LOCATED AT 641 WEST RED LINE AVENUE FOR ELECTRICAL SYSTEMS STORAGE
WHEREAS, Amber Kinetics, Inc. (Amber Kinetics) has been a tenant at Alameda Point since 2014; and
WHEREAS, Amber Kinetics licenses the approximately 10,000 square foot unimproved lot located at 641 West Red Line Avenue for electrical systems storage; and
WHEREAS, the term of the license, dated April 1, 2014, as amended (License), with Amber Kinetics terminated May 3, 2023; and
WHEREAS, Amber Kinetics and the City of Alameda (City) desire to retroactively extend the term of the License for twelve (12) months; and
WHEREAS, the monthly base rent during the additional 12-month term is $4,389.00.
NOW THEREF...
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