Ordinance 3368 CITY OF ALAMEDA ORDINANCE NO. 3368
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AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE FOR A
PORTION OF BUILDING 22 WITH GOLD BAR SPIRITS COMPANY
INC., LOCATED AT 2505 MONARCH STREET, AT ALAMEDA POINT,
ALAMEDA CALIFORNIA, FOR A TERM OF SIX YEARS WITH ONE
EXTENSION OPTION FOR FIVE ADDITIONAL YEARS
WHEREAS, City-owned Building 22 (the "Premises") is divided in to two suites,
containing approximately 32,500 square feet each, and one of the two currently
unoccupied; and
WHEREAS, the City's commercial broker publicly marketed the unoccupied space
to identify new compatible uses for Building 22's location within Spirit's Alley. Gold Bar
Spirits Inc, ("Gold Bar"), an established whiskey brand, responded proposing a distillery,
event and tasing room use that meets the City's leasing and economic development
objectives and would also repurpose the existing distillery and tasting room improvements
in the building; and
WHEREAS, the City and Gold Bar have negotiated a lease with an initial term of
six (6) years with one renewal option for an additional five (5) years.
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Alameda
by four affirmative votes that:
Section 1. The City Manager of the City of Alameda is hereby authorized to
execute on behalf of the City of Alameda, a lease agreement with Gold Bar Spirits, Inc. a
Delaware corporation, for a suite in Building 22 at 2505 Monarch Street at Alameda Point
for six (6) years, with one (1) additional five (5) year extension option pursuant to certain
conditions, 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.
/1a/t
P idi er of the City ouncil
Attest:
'AM *)i
Lara eisiger, City Clepc
City of Alameda
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 19th day of March 2024, by the following vote to wit:
AYES: Councilmembers Daysog, Jensen, Vella and Mayor Ezzy
Ashcraft—4.
NOES: Councilmember Herrera Spencer - 1.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official
seal of said City this 20th day of March 2024.
C Str
Lara Weisiger, City Clecrk
City of Alameda
APPROVED AS TO FORM:
Yibin Shen, City Attorney
City of Alameda