Ordinance 3304CITY OF ALAMEDA ORDINANCE NO. 3304
New Series
AUTHORIZING THE CITY MANAGER TO EXECUTE A SECOND
AMENDMENT TO THE LEASE WITH DREYFUSS CAPITAL
PARTNERS, A CALIFORNIA LIMITED LIABILITY COMPANY,
SUBSTANTIALLY IN THE FORM OF THE EXHIBIT 4, TO EXTEND THE
TERM FOR FIFTY-NINE (59) MONTHS FOR BUILDING 29, LOCATED
AT 1701 MONARCH STREET, AT ALAMEDA POINT
WHEREAS, Dreyfuss Capital Partners (DCP) has been a tenant at Alameda Point
since 2009; and
WHEREAS, DCP leases a multi -tenant building subleased to skilled workers,
craftspeople and artists using the work, office and shared spaces for their trades; and
WHEREAS, Building 29 consists of approximately 8,107 square feet of rentable
space, approximately 6,000 square feet of which is subleased; and
WHEREAS, Building 29 is one of the last remaining multi -tenant shop/office
spaces at Alameda Point and provides creative and living wage jobs for skilled artisans;
and
WHEREAS, the monthly base rent during the extension term is $4,843.12 for
months one to twelve, $4,988.41 for months thirteen to twenty-four, $5,138.06 for
months twenty-five to thirty-six, $5,292.20 for months thirty-seven to forty-eight, and
$5,450.97 for months forty-nine to fifty-nine.
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 execute on behalf of the City of Alameda, a second amendment to the
lease with Dreyfuss Capital Partners, a California limited liability company, to extend
the lease term for fifty-nine (59) months and set rent during the extension term for
Building 29 located at 1701 Monarch Street at Alameda, 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 if, for any reason, 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.
Attest:
Lara Weisiger, Ci
Clerk
Presiding fficer 1f ' City Council/
I, the undersigned, herby certify that the foregoing Ordinance was duly and
regularly adopted and passed by the Council of the City of Alameda in a regular
meeting assembled on this 21st day of September 2021, by the following vote to
wit:
AYES: Councilmembers Daysog, Herrera Spencer, Knox White,
Vella and Mayor Ezzy Ashcraft — 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEROF, I have hereunto set my hand and affixed the seal
of said City this 22nd day of September 2021.
Lara Weisiger, City Clerk
City of Alameda
APPROVED AS TO FORM:
Yibin Shen, 'City Attorney
City of Alameda