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<br /> <br /> <br /> Offer to Lease <br /> Page 2 <br /> March 24, 2006 <br /> <br /> <br /> <br /> 4`" anniversary, but before the 5`h anniversary, the <br /> assessment shall be $1,000. <br /> <br /> RENT: Gross rent for the area leased shall be $2.25/sq. fr. <br /> per month of the total rental space. <br /> <br /> Common area maintenance charge shall be $.67/ sq. <br /> ft. per month of the total rental space. <br /> <br /> BUILDING SERVICES: The following services and utilities shall be <br /> provided and included in the rent and common area <br /> maintenance charge paid by the Lessor: <br /> <br /> • Chilled water for air conditioning. <br /> • Building fire and liability insurance <br /> • Landscaping maintenance <br /> • Water and sewer <br /> • Refuse collection <br /> • Common are maintenance <br /> • Window washing <br /> • Real property taxes - exempt status for this <br /> unit <br /> • Management and accounting fees <br /> • Six (6) reserved parking stalls directly in <br /> front of the rented area for persons visiting <br /> the Treasury Division <br /> • Others, as defined in the lease agreement <br /> <br /> HAZARDOUS MATERIALS: To Lessor's current actual knowledge, the premises <br /> are free of hazardous waste. <br /> <br /> PARKING: Lessor agrees to provide Lessee with six (6) <br /> assigned parking stalls for persons visiting the <br /> Treasury Division directly in front of the rented area <br /> for the term of the lease, at no cost. <br /> <br /> EXCISE TAX: In addition to the rent, Lessee shall pay the Hawaii <br /> General Excise Tax (currently 4.166%), or any <br /> successor tax, which may be payable thereon. <br /> <br /> DEPOSIT: None. <br /> <br /> <br /> <br /> Approved by: <br />