Title
Final Passage of Ordinance Authorizing the City Manager, or Designee, to Execute a Twelve Month Amendment to the Lease with Pacific Pinball Museum, a 501(c)(3) Non Profit Organization, with the Option of Four One Year Extensions, for Building 169, Suite 101 Located at 1680 Viking Street at Alameda Point. (Community Development 819099)
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=4387620&GUID=1F0F3BCA-3CD2-436E-8598-F86D7F2238B7&Options=&Search=&FullText=1
CITY OF ALAMEDA ORDINANCE NO.
New Series
AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO EXECUTE TO THE LEASE WITH PACIFIC PINBALL MUSEUM, A 501(C)(3) ORGANIZATION, FOR BUILDING 169, SUITE 101 LOCATED AT 1680 VIKING STREET AT ALAMEDA POINT
WHEREAS, Pacific Pinball Museum is a non-profit organization that started in 2002 and has been a tenant at Alameda Point since 2006; and
WHEREAS, in 2006, the City of Alameda entered into a lease agreement for Building 13 with Pacific Pinball Museum; and
WHEREAS, in 2012, the City approved a five-year lease with Pacific Pinball Museum for Building 13; and
WHEREAS, although Pacific Pinball Museum's current lease was valid until October 31, 2017, they needed to be moved due to Site A development; and
WHEREAS, Pacific Pinball Museum was relocated to Building 169, Suite 101; and
WHEREAS, Building 169, Suite 101 consists of approximately 43,355 square feet of rentable space; and
WHERAS, the City approved a thirty-six month lease with Pacific Pinball Museum for Building 169; and
WHEREAS, the City and Pacific Pinball Museum now desire to amend this lease agreement to extend the term for an additional twelve months, terminating January 31, 2021, with four one-year extension options; and
WHEREAS, both parties maintain early termination right because Building 169 is located in the Enterprise Dis...
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