Title
Final Passage of Ordinance Approving a First Amendment to a Lease and Authorizing the City Manager to Execute Documents Necessary to Implement the Terms of a First Amendment to the Lease Agreement with Advanced Roofing Services, Inc. a California Corporation, for Building 612 Located at 1450 Viking 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 FIRST AMENDMENT TO A LEASE AND AUTHORIZING THE CITY MANAGER TO EXECUTE DOCUMENTS NECESSARY TO IMPLEMENT THE TERMS OF THE FIRST AMENDMENT TO A LEASE WITH ADVANCED ROOFING SERVICES, INC. FOR TWENTY-FOUR MONTHS AT 1450 VIKING STREET, BUILDING 612, AT ALAMEDA POINT
WHEREAS, Advanced Roofing Solution, Inc. (Advanced Roofing) has been a tenant in Building 612 at Alameda Point since 2013; and
WHEREAS, Advanced Roofing currently occupies Building 612 on a lease which is set to expire April 30, 2017; and
WHEREAS, under this First Amendment Advanced Roofing's current lease for Building 612 will be extended for twenty-four months; and
WHEREAS, Advanced Roofing provides re-roofing, water-proofing, repair/maintenance and gutter service; and
WHEREAS, Building 612 consists of 4,000 square feet with land and parking area; and
WHEREAS, the monthly base rent over under the first amendment will be $2,474.00 for year one, and $2,548.00 for year two; and
WHEREAS, the tenant will be required to provide an additional security deposit in the amount of $300.00 to equal to $2,500.00 and the lease contains the standard insurance, indemnity, assignment and termination clauses the ARRA required in its leases and compliant with the Lease in Furtherance of Conveyance (LIFOC) with the United States Navy.
NOW THEREFORE,...
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