Resolution 16248 CITY OF ALAMEDA RESOLUTION NO. 16248
APPROVING A 24-MONTH EXCLUSIVE NEGOTIATING
AGREEMENT WITH PACIFIC FUSION, WITH OPTIONS TO EXTEND
FOR A TOTAL OF 33 MONTHS, FOR POTENTIAL DEVELOPMENT
OF A 12- TO 18-ACRE PROPERTY ALONG ORION STREET
BETWEEN WEST PACIFIC AVENUE AND WEST TICONDEROGA
AVENUE AT ALAMEDA POINT, FOR A RESEARCH AND
DEVELOPMENT FACILITY
WHEREAS, the City is the owner of certain real property located within the City of
Alameda, State of California commonly referred to as the former Alameda Naval Air
Station, now known as Alameda Point, which includes approximately 23.9 acres property
identified Site B and located in the Enterprise District zones of the Alameda Point Zoning
Ordinance; and
WHEREAS, in 2014, the Alameda City Council approved a Master Infrastructure
Plan, General Plan Amendment, and Zoning Ordinance Amendment, and certified an
Environmental Impact Report; and
WHEREAS, in 2024, City Council held a study session where Council supported
the recommendation to advance development of this 23.9-acre area in early 2025; and
WHEREAS, Pacific Fusion ("Developer") submitted a letter of interest to the City
in December 2024, proposing to develop a portion of this property with a research and
development facility focused on innovations in the clean energy sector, generating an
estimated 200 jobs in the region; and
WHEREAS, City and Developer seek to advance negotiations on a possible sale
of property and development.
NOW, THEREFORE, BE IT RESOLVED, that the Alameda City Council authorizes
the City Manager to execute a 24-month Exclusive Negotiation Agreement with options
to extend for a total of up to 33 months with Pacific Fusion in substantial conformance
with Exhibit 3 to Staff Report 2025-4757.
I, the undersigned, hereby certify that the foregoing Resolution was duly and
regularly adopted and passed by the Council of the City of Alameda in regular meeting
assembled on the 18th day of February 2025, by the following vote to wit:
AYES: Councilmembers Boller, Jensen, Pryor and Mayor Ezzy
Ashcraft—4.
NOES: Councilmember Daysog — 1.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official
seal of the said City this 19th day of February 2025.
Lara Weisiger, City Clerk
City of Alameda
Approved as to Form: ,
Yibin S116, City Attorney,
City of Alameda