Title
Final Passage of Ordinance Authorizing the City Manager to Execute a Second Amendment to the Lease with Small Size Big Mind, Inc., a California Corporation, Substantially in the Form of Exhibit 4, to Extend the Term for One Year with One 12 Month Extension Option for Building 35, Located at 2450 Pan Am Way in the Main Street Neighborhood at Alameda Point. (Community Development 29061822)
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=5119490&GUID=443954A6-8360-4BAF-9E10-D62CE5557C4D&Options=&Search=&FullText=1
CITY OF ALAMEDA ORDINANCE NO.
New Series
AUTHORIZING THE CITY MANAGER TO EXECUTE A SECOND AMENDMENT TO THE LEASE WITH SMALL SIZE BIG MIND, INC., A CALIFORNIA CORPORATION, SUBSTANTIALLY IN THE FORM OF EXHIBIT 4, TO EXTEND THE TERM FOR ONE YEAR WITH ONE 12-MONTH EXTENSION OPTION FOR BUILDING 35, LOCATED AT 2450 PAN AM WAY AT ALAMEDA POINT.
WHEREAS, Small Size Big Mind, Inc. is an established preschool that provides year round infant and preschool care serving children from eight weeks to five years old; and
WHEREAS, Building 35 consists of approximately 2,764 square feet of rentable space; and
WHEREAS, the Alameda Point Small Size Big Mind, Inc. location will continue to serve as a temporary location on the City's west end; and
WHEREAS, Building 35 is located in the second phase of the West Midway Project; and
WHEREAS, the second amendment shall extend the term of the lease for one (1) year; and
WHEREAS, the monthly base rent is $4,525.00 for months one to twelve; and
WHEREAS, Small Size Big Mind, Inc. shall have one 12-month extension option; and
WHEREAS, Small Size Big Mind, Inc. must provide at least 6 months and no more than 12 months prior notice of its intent to exercise the extension option;
WHEREAS, the City has the right to relocate Small Size ...
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