Title
Recommendation to Approve Jennifer Ott, City Manager, Abigail Thorne-Lyman, Base Reuse and Economic Development Director, Alesia Strauch, Base Reuse Manager, Len Aslanian, Assistant City Attorney, and Andrew Schmieder, Senior Director, Cushman & Wakefield, as Real Property Negotiators for 1701 Monarch Street, Building 29, 1951 Monarch Street, Building 25, and 2301 Monarch Street, Building 24, at Alameda Point. (Base Reuse and Economic Development 29061822)
Body
To: Honorable Mayor and Members of the City Council
From: Jennifer Ott, City Manager
EXECUTIVE SUMMARY
Staff is recommending that City Council Approve Jennifer Ott, City Manager, Abigail Thorne-Lyman, Base Reuse and Economic Development Director, Alesia Strauch, Base Reuse Manager, Len Aslanian, Assistant City Attorney, and Andrew Schmieder, Senior Director, Cushman & Wakefield, as Real Property Negotiators for 1701 Monarch Street, Building 29, 1951 Monarch Street, Building 25 and 2301 Monarch Street, Building 24 (Premises), which are multi-tenant buildings owned by the City of Alameda (City), which will allow them to meet with City Council in closed session to discuss price and terms related to lease of the Premises in a manner compliant with all applicable laws and to represent the City in negotiations with Alameda Point Beverage Group dba BRIX Beverage, La Costa Pacifica, St. George Spirits, Dashe Cellars, Dreyfuss Capital Partners, LLC, and Lava Mae.
BACKGROUND
1701 Monarch Street, Building 29, and 1951 Monarch Street, Building 25, are multi-tenant buildings owned by the City and may be demolished as part of the De-Pave Park Master Plan. The timeline for the development of De-Pave Park is predicated on completing the design process, budgeting, and securing the funding necessary for construction of the final design and obtaining required municipal and regional jurisdictional approvals. City staff do not anticipate construction of De-Pave Park, and building demolition, to begin prior to Ma...
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