Title
Final Passage of Ordinance Authorizing the City Manager, or Their Designee, to Execute an Amendment to the Lease with Pacific Shops, Inc. for the Tidelands Property Located along Clement Street between Alameda Marina Drive and Willow Street, Commonly Referred to as Alameda Marina, to Allow Pacific Shops, Inc. to Exercise Its Lease Option. [Requires four affirmative votes] (Community Development 216)
Body
The staff report for this ordinance was included when the ordinance was introduced and is available at the following link:
https://alameda.legistar.com/LegislationDetail.aspx?ID=4219032&GUID=23B658D7-ED39-4F6C-9DC3-0E9899108242&Options=&Search=&FullText=1
CITY OF ALAMEDA ORDINANCE NO. ______
New Series
AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO EXECUTE AN AMENDMENT TO THE LEASE WITH PACIFIC SHOPS, INC. FOR THE TIDELANDS PROPERTY LOCATED ALONG CLEMENT STREET BETWEEN ALAMEDA MARINA DRIVE AND WILLOW STREET, GENERALLY KNOWN AS ALAMEDA MARINA.
WHEREAS, the City is owner of certain tidelands real property located on the Oakland/Alameda estuary waterfront along Clement Street between Alameda Marina Drive and Willow Street; and
WHEREAS, City acquired such tidelands property from the State of California by Stats. 1913, Chapter 348, as has been amended from time to time; and
WHEREAS, Pacific Shops, Inc, the owner of the abutting upland fee property, has leased the tidelands property from the City since May 1965; and
WHEREAS, the initial term of the first lease agreement with Pacific Shops, Inc. commenced on May 3, 1965, with a term of 25 years with one option to renew for 25 years, and expired May of 2015; and
WHEREAS, an additional lease was entered in July of 1968 for additional adjacent Tidelands property at the Alameda Marina, with a term concurrent with the first lease expiring May 2017; and
WHEREAS, In 2012, the City and Pacific Shops desired to upgrade and improve the Alameda Marina; and Pacific Shops was...
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