2026-10-20 City Council Meeting

The City of Alameda City Council meeting, held October 20, 2026 (the meeting date appears as October 21 UTC in the metadata), approved a seven-year lease with Poseidon Aerospace for Building 11 at Alameda Point, with two five-year renewal options. The lease sets base rent at $1.50 per square foot, triple net, and includes a rent credit valued at about 12 months of base rent. Poseidon expects to invest approximately $2.5–$3 million in building improvements and grow its Alameda Point workforce. Council unanimously approved the lease ordinance and resolutions, including an appropriation of approximately $828,950 from Fund 290 for the leasing broker commission and a resolution declaring the property exempt surplus land. Council also approved a $250,000 agreement with Harrison Associates to prepare an economic development strategic plan, with outreach and analysis to include small businesses and local commercial and industrial space needs.

Council voted 4–1 to introduce an ordinance raising contract-signing thresholds, including increasing the City Manager’s limit from $75,000 to $150,000 and adjusting other staff limits; purchases above $150,000 would still require council approval, and competitive bidding and financial controls remain unchanged. Staff agreed to provide council with a year-end report on contracts in the newly delegated range. Council unanimously approved a transportation-safety project at Wilma Chan Way and Pacific Avenue, including a traffic signal and bicycle and pedestrian improvements; construction is tentatively targeted for summer 2027, with no project cost stated in the transcript. A referral seeking greater council review and reporting of certain property license agreements was discussed, but no action was taken. In closed session, council authorized settlements in two workers’ compensation matters; amounts were not disclosed.