Title
Final Passage of Ordinance Approving a Second Amendment to a License with Amber Kinetics, Inc. for Twenty-Four Months for Use of an Unimproved Lot Located at 641 West Red Line Avenue at Alameda Point and Authorizing the Acting City Manager to Execute the Necessary Documents. [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 SECOND AMENDMENT TO A LICENSE WITH AMBER KINETICS, INC. FOR TWENTY-FOUR MONTHS FOR USE OF AN UNIMPROVED LOT LOCATED AT 641 WEST RED LINE AVENUE LOCATED AT ALAMEDA POINT AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY DOCUMENTS
WHEREAS, Amber Kinetics, Inc. (Amber Kinetics) is a technology company that provides safe, environmentally sustainable, multi-hour kinetic energy storage; and
WHEREAS, since 2014 Amber Kinetics has had a license to occupy an unimproved lot located at 641 West Red Line Avenue (the lot) at Alameda Point; and
WHEREAS, in January 2016 Amber Kinetics entered into a First Amendment to said license and this amendment is set to expire May 04, 2018; and
WHEREAS, Amber Kinetics uses this unimproved lot as a test site for their technology which has been critical for conducting engineering and manufacturing tests, validating new features, and testing customer flywheels; and
WHEREAS, under this Second Amendment Amber Kinetics' term for use of the lot will be amended to extend twenty-four months; and
WHEREAS, the lot consists of approximately 10,000 square feet of usable land area; and
WHEREAS, the monthly fee under the second amendment will be $3,600.00; and
WHEREAS, the license contains the standard insurance, indemnity, assignment and termination clauses the ARRA required in its leases and compliant with the Lease i...
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