Ordinance 3147CITY OF ALAMEDA ORDINANCE NO. 3147
New Series
APPROVING A LEASE AND AUTHORIZING THE CITY MANAGER TO
EXECUTE DOCUMENTS NECESSARY TO IMPLEMENT THE TERMS
OF A 5-YEAR LEASE WITH DREYFUSS CAPITAL PARTNERS, A
CALIFORNIA LIMITED LIABILITY COMPANY, 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 is a multi-tenanted building filled with metal workers fabricating
unique parts and 'repairs for existing tenants, kayak builders, and artists using the
workspace for their craft; and
WHEREAS, there are ten existing subtenants with work and office spaces; and
WHEREAS, Building 29 consists of approximately 8,107 square feet of rentable
space; and
WHEREAS, the sub-tenants space comprises approximately 6,000 sf of the
premises; and
WHEREAS, the rent collected from the subtenant pays for rent and utilities for
the building; and
WHEREAS, Building 29 is one of the last remaining multi-tenanted shop/off ice
spaces at Alameda Point and provides creative and living wage jobs for metal workers;
and
WHEREAS, the monthly base rent is $4,053.50 for months one to twelve,
$4,175.11 for months thirteen to twenty-four, $4,300.36 for months twenty-five to thirty-
six, $4,429.37 for months thirty-seven to forty-eight, and $4,562. 25 for months forty-
nine to sixty.
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 with
Dreyfuss Capital Partners, a California limited liability company, for Building 29
located at 1701 Monarch Street 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 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.
Presiding Officer of t e City Council
Attest:
Lara Weisiger, ity Clerk
I, the undersigned, hereby 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 the 16th day of February, 2016, by the following vote to wit:
AYES: Councilmembers Daysog, Ezzy Ashcraft, Matarrese,
Oddie and Mayor Spencer — 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal
of said City this 17th day of February, 2016.
Lara Weisiger, (0i y Clerk
City of Alameda
Approved as to form:
Janet C. Kern, City Attorney
City of Alameda