File #: 354-25    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 12/5/2025 In control: Board of Port Commissioners
On agenda: 12/18/2025 Final action: 12/18/2025
Title: Ordinance 4823, 2nd Reading Of An Ordinance Approving And Authorizing The Executive Director To Execute Agreements Necessary To Assign And Amend A Lease With Oakland Hospitality, LLC To Kalptaru Holdco, LLC, For The Premises Located At 1103 Embarcadero Road, Oakland, For An Assignment Fee Of $1,158.78, To Increase The Security Deposit To Six (6) Times’ The Minimum Rent, Require A Personal Guaranty, Require Demolition Of Improvements And Construction Of Other Improvements, And Adjust Parking Areas; And Finding That The Proposed Action Is Exempt Under The California Environmental Quality Act.
Attachments: 1. Ordinance 4823

Title

Ordinance 4823, 2nd Reading Of An Ordinance Approving And Authorizing The Executive Director To Execute Agreements Necessary To Assign And Amend A Lease With Oakland Hospitality, LLC To Kalptaru Holdco, LLC, For The Premises Located At 1103 Embarcadero Road, Oakland, For An Assignment Fee Of $1,158.78, To Increase The Security Deposit To Six (6) Times’ The Minimum Rent, Require A Personal Guaranty, Require Demolition Of Improvements And Construction Of Other Improvements, And Adjust Parking Areas; And Finding That The Proposed Action Is Exempt Under The California Environmental Quality Act.