Title
Final Passage of Ordinance Approving a Lease and Authorizing the City Manager to Execute Documents Necessary to Implement the Terms of a Lease with Delphi Productions, Inc. a California Corporation, for a Ten-Year Lease with One Five-Year Renewal Option for Building 39 Located at 950 West Tower Street at Alameda Point. [In accordance with the California Environmental Quality Act (CEQA), this project is Categorically Exempt under the CEQA Guidelines Section 15301(c) - Existing Facilities.] [Requires Four Affirmative Votes] (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 THE LEASE WITH DELPHI PRODUCTIONS, INC. FOR TEN YEARS WITH ONE FIVE-YEAR RENEWAL OPTION IN BUILDING 39 AT ALAMEDA POINT, 950 WEST TOWER AVENUE
WHEREAS, Delphi Productions Inc. (Delphi) has been a tenant in Building 39 at Alameda Point since 1998; and
WHEREAS, Delphi currently occupies Building 39 on a lease which is set to expire March 31, 2017; and
WHEREAS, Delphi's current lease for Building 39 will be terminated and replaced by this new proposed lease once approved and executed; and
WHEREAS, Delphi provides comprehensive solutions for trade shows, events, museums and retail environments throughout the world; and
WHEREAS, Delphi's capabilities range from creative development, design, fabrication, production to project management, and total program support, as well as in-house media and event production and extensive custom rental exhibit programs; and
WHEREAS, in October 2011, Delphi merged with GGE which created an organization with deeper expertise, broader capabilities and increased services for tradeshow, event, museum, media and retail customers; and
WHEREAS, Building 39 is a large hangar of 106,000 square feet with land and parking area; and
WHEREAS, The monthly base rent over the ten years ...
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