Title
Final Passage of Ordinance Authorizing the City Manager or Designee to Execute an Amendment to the Lease with Williams-Sonoma, Inc., a Delaware Corporation, Acting for and on Behalf of Williams-Sonoma Stores, Inc., a California Corporation, for Building 169, Suite 102, Located 1680 Viking Street at Alameda Point, Extending the Term for an Additional 12 Months with One 12-Month Extension Option, Removing Overflow Parking from the Leased Premises, and Providing One (1) Month of Rent Abatement. (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=4589372&GUID=AFC1D137-266F-44F6-8ED5-1E609B7BA0A5&Options=&Search=&FullText=1]
CITY OF ALAMEDA ORDINANCE NO.
New Series
AUTHORIZING THE CITY MANAGER OR DESIGNEE TO EXECUTE AN AMENDMENT TO THE LEASE WITH WILLIAMS-SONOMA, INC., A DELAWARE CORPORATION, ACTING FOR AND ON BEHALF OF WILLIAMS-SONOMA STORES, INC., A CALIFORNIA CORPORATION, FOR BUILDING 169, SUITE 102 LOCATED AT 1680 VIKING STREET AT ALAMEDA POINT EXTENDING THE TERM FOR AN ADDITIONAL 12 MONTHS WITH ONE 12-MONTH EXTENSION OPTION, REMOVING OVERFLOW PARKING FROM THE LEASED PREMISES, AND PROVIDING ONE (1) MONTH OF RENT ABATEMENT
WHEREAS, Williams-Sonoma, Inc. is a specialty retailer offering high quality home products and operates a portfolio of brands including Williams-Sonoma, Williams- Sonoma Home, Pottery Barn, Pottery Barn Kids, PBTeen, West Elm, Mark and Graham, and Rejuvenation; and
WHEREAS, Williams-Sonoma, Inc. entered into a license agreement with the City of Alameda for Building 169, Suite 102 on May 12, 2016, expiring April 30, 2017; and
WHEREAS, the lease, entered March 16, 2017, replaced the original license agreement; and
WHEREAS, the existing lease expires on April 30, 2020, and Williams- Sonoma wishes to amend the terms of the agreement to extend the lease term; and
WHEREA...
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