Introduction of Ordinance Authorizing the City Manager to Execute a Lease with Poseidon Tech Corporation, a Delaware Corporation, for a Term of Seven Years, with Two Additional Five-Year Extension Options for Building 11, Located at 1190 West Tower Avenue, at Alameda Point; [Requires four affirmative votes] Adoption of Resolution to Appropriate $828,905 from the Fund 290 (Alameda Point) Fund Balance to Cover the Cost of Broker Commission; and Adoption of Resolution to Declare Building 11, Located at 1190 West Tower Avenue, and Adjacent Land Area Totaling Approximately 130,00 Square Feet to be Exempt Surplus Land for the Purpose of Leasing Under the California Surplus Land Act. This action is categorically exempt from further environmental review pursuant to California Environmental Quality Act Guidelines Section 15301 (Existing Facilities). (Base Reuse and Economic Development 29061822)

Committee

City Council

Introduced

September 24, 2026

On agenda

October 20, 2026

Where it was heard

City Council Oct 20, 2026

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