Title
Final Passage of Ordinance Approving a Lease and Authorizing the Acting City Manager to Execute Documents Necessary to Implement the Terms of a Lease with Faction Brewing Company, LLC a California Limited Liability Company, for a Ten-Year Lease with Two Ten-Year Extension Options for Building 22, Bay 200 Located at 2501 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 LEASE AND AUTHORIZING THE CITY MANAGER TO EXECUTE DOCUMENTS NECESSARY TO IMPLEMENT THE TERMS OF A TEN YEAR LEASE WITH TWO TEN-YEAR EXTENSION OPTIONS AND A RIGHT OF FIRST OFFER TO LEASE SUITE 100 WITH FACTION BREWING COMPANY, LLC A CALIFORNIA LIMITED LIABILITY COMPANY, FOR BUILDING 22, SUITE 200, LOCATED AT 2501 MONARCH STREET AT ALAMEDA POINT.
WHEREAS, Faction Brewing Company, LLC is a brewery led by a team with extensive brewing experience throughout northern California and produces a variety of beers which include Pale Ale, IPA, Red, Pilsner, and Stout; and
WHEREAS, Faction Brewing Company, LLC entered into a lease agreement with the City of Alameda to occupy a portion of Building 22 in 2012 and has been open to the public since early 2013 ; and
WHEREAS, this lease agreement with Faction Brewing Company, LLC will replace their current lease agreement from 2012; and
WHEREAS, Building 22, Suite 200 consists of approximately 32,500 square feet of rentable square feet; and
WHEREAS, the Premises will be used as a brewery, tasting room and production facility, and sales and office uses related thereto; and
WHEREAS, Faction Brewing Company, LLC will occupy a portion of Building 22 and have the right, on an exclusive basis, to have its employees and...
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