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Ordinance 3062 CITY OF ALAMEDA ORDINANCE NO. 3062 New Series APPROVING A LEASE AND AUTHORIZING THE CITY MANAGER TO EXECUTE DOCUMENTS NECESSARY TO IMPLEMENT THE TERMS OF A LEASE RENEWAL WITH THE PACIFIC PINBALL MUSEUM FOR FIVE YEARS IN A PORTION OF BUILDING 13 LOCATED AT ALAMEDA POINT, 2100 FERRY POINT WHEREAS, The Pacific Pinball Museum has been a tenant at Alameda Point since 2006; and WHEREAS, Building 13 is a warehouse/storage facility with some office space and is one of the few buildings at Alameda Point with a loading dock; and WHEREAS, The Pacific Pinball Museum occupies approximately 12,000 square feet; and WHEREAS, The base rent over the five years is $2,386 monthly for year one, $2,416 monthly for year two, $2,446 monthly for year three, $2,477 monthly for year four and $2,508 monthly for year five; and WHEREAS, The Pacific Pinball Museum will receive a partial offset of $847.50 per month over the term of their lease, not to exceed the cumulative amount of $58,850 to verify and investigate roof leaks and implement partial roof replacement and roof repairs to the premises as determined by the investigation; and WHEREAS, If the actual cost is less than the shell improvement credit, the monthly offset shall be adjusted according to the actual cost. Any actual costs in excess of the improvement credits shall be the tenant’s responsibility at its sole cost and expense; and WHEREAS, The City currently holds $2,395 as a security deposit and the lease contains the standard insurance, indemnity, assignment and termination clauses ARRA required in its leases and compliant with the Lease in Furtherance of Conveyance (LIFOC). NOW THEREFORE, BE IT ORDAINED by the City Council of the City of Alameda that by four affirmative votes that: Section 1. The City Manager of the City of Alameda or his designee is hereby authorized to negotiate, execute, for and on behalf of the City of Alameda, a lease renewal with the Pacific Pinball Museum for a portion of Building 13 located at 2100 Ferry Point at Alameda Point for five years, subject to such technical or clarifying revisions as are reasonably determined necessary by the City Manager and approved by the City Attorney, and the City Clerk is hereby authorized and directed to attest to the same. Section 2. If any section, subsection, sentence, clause, or phrase of this ordinance, for any reason, is held to be invalid or unconstitutional, such decision shall not affect the validity or constitutionality of the remaining portions of this ordinance. The City Council of the City of Alameda hereby declares that it would have passed this ordinance, and each section, subsections, clause, or phrase hereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses, and phrases are declared to be invalid and unconstitutional. Section 3. This ordinance shall be in full force and effect from and after the expiration of thirty (30) days from the date of its final passage. _____________________________ Presiding Officer of the City Council Attest: ____________________ Lara Weisiger, City Clerk I, the undersigned, hereby certify that the foregoing Ordinance was duly and regularly adopted and passed by Council of the City of Alameda in regular meeting assembled on the 5th day of February, 2013, by the following vote to wit: AYES: Councilmembers Chen, Ezzy Ashcraft, Tam and Mayor Gilmore – 4. NOES: None. ABSENT: Councilmember Daysog - 1 ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 6th day of February, 2013. ______________________ Lara Weisiger, City Clerk City of Alameda