CITY OF ALAMEDA ORDINANCE NO.
New Series
AUTHORIZING THE INTERIM CITY MANAGER, OR DESIGNEE, TO
EXECUTE A LEASE WITH KAI CONCEPTS, LLC , A CALIFORNIA
LIMITED LIABILITY COMPANY , FOR THIRTY-SIX MONTHS FOR
BUILDING 168 LOCATED AT 1651 VIKING STREET, ALAMEDA, CA
WHEREAS, Kai Concepts, LLC. (Kai Concepts) has been a tenant at Alameda Point since 2013; and
WHEREAS, Kai Concepts leases Building 168, which includes approximately 28,636 square feet of interior space and 17,270 square feet of adjacent land, located at 1651 Viking Street for research and development related to the “Kiteboat Project,” the mission of which is to design power -assisted or autonomous kites that can be used for waterborne transportation; and
WHEREAS, the term of the existing lease, dated May 8, 2016, with Kai Concepts terminated July 31, 2022 and Kai Concepts is currently in holdover; and
WHEREAS, Kai Concepts and the City of Alameda (City) desire to enter into a new lease for thirty-six (36) months with no renewal option and including a l andlord termination right upon six (6) months’ prior notice ; and
WHEREAS, the monthly base rent is $20,000.00 during months 1-12, $20,600.00 during months 13-24, and $21,218.00 during months 25-36 of the renewal term.
NOW THEREFORE, BE IT ORDAINED by the City Council of the City of Alameda that by four affirmative votes that:
Section 1. The I n t e r i m City Manager of the City of Alameda or designee is hereby authorized to execute on behalf of the City of Alameda, a Lease with Kai Concepts, for thirty-six (36) months for Building 168, located at 1654 Viking Street , Alameda, CA , subject to such technical or clarifying revisions as are reasonably determined necessary by the I n t e r i m 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 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 the Council of the City of Alameda in a regular meeting assembled on the ____ day of 2022, by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSENTIONS:
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this day of 2022.
Lara Weisiger, City Clerk
City of Alameda
APPROVED AS TO FORM:
Yibin Shen, City Attorney
City of Alameda