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Form#: B-5 <br />7/18/91 <br />DEPARTMENT OF FINANCE <br />DEPARTMENT: Finance DATE: 12/24/24 <br />STAFF CONTACT: Daryl Iobe PHONE: 901-8587 <br />Prepare County Council submittal authorizing the Finance Director to enter into alease agreement for <br />parking purposes to the Association of Apartment Owners of Kailua Village over tax map key (3) 7-5- <br />008:027. <br />B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br />The Association of Apartment Owners of Kailua Village would like to extend their lease of tax map key (3) 7- <br />5-008:027 which is used as their guest parking area. The lease ieproposed for eninitial five 83year term at <br />$3.00O.00per onnurn. Lessee shall have one (1) option to extend the term for an additional five (5) years at <br />arate tobeagreed upon prior tothe option period. <br />�8�� <br />SIGNED: DATE: ^~ ---- <br />