Title
Final Passage of Ordinance Approving a First Amendment of a Lease and Authorizing the City Manager to Execute Documents Necessary to Implement the Terms of a First Amendment of a Lease with Complete Coach Works, Inc. a California Corporation, for a Three-Year Lease Extension for a Portion of Building 24 Located at 2301 Monarch 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 OF A LEASE OF BUILDING 24, LOCATED AT 2301 MONARCH STREET AT ALAMEDA POINT, WITH COMPLETE COACH WORKS, A CALIFORNIA CORPORATION FOR A THREE-YEAR LEASE AMENDMENT.
WHEREAS, Complete Coach Works is an Alameda-based manufacturing and repair company specializing in rehabilitation and retrofitting of bus and locomotive fleets; and
WHEREAS, Complete Coach Works entered into a lease agreement to occupy a portion of Building 24 on December 12, 2014 with the City of Alameda; and
WHEREAS, Complete Coach Works current lease will expire on December 31, 2017 and be replaced by this first lease amendment once approved; and
WHEREAS, Complete Coach Works will occupy a portion of Building 24 consisting of approximately 14,997 square feet of rentable space; and
WHEREAS, Complete Coach Works will have the right, on an non-exclusive basis, to have its employees and visitors park in the adjacent paved areas; and
WHEREAS, the Premises will continue to be used for the rehabilitation and retrofitting of bus and locomotive fleets, and vehicle sales and leasing, painting, finishing, and storage; and
WHEREAS, the base rent over the three years of the lease amendment is $13,000 for year one, $13,390 for year two, and $13,792 for year three; and
WHEREAS, Complete Coach Works p...
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