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<br /> <br /> <br /> DRAFT 3: 4/28/06 <br /> <br /> <br /> COUNTY OF HAWAII <br /> OFFER TO LEASE <br /> PROPOSED GENERAL TERMS AND CONDITIONS <br /> <br /> <br /> Date: April 27, 2006 <br /> <br /> Harvey S. Tajiri <br /> Helene H. Tajiri <br /> 310 Kipa Street <br /> Hilo, HI 96720 <br /> <br /> Subject to the approval of the Hawaii County Council, the COUNTY OF HAWAII <br /> ("County"), offers to lease the premises described below from HARVEY S. TAJIRI AND <br /> HELENE H. TAJIRI ("Landlord"), on the following terms and conditions: <br /> <br /> AREA AND LOCATION: The property at 891 Ululani Street, Hilo, Hawaii, <br /> containing a 2-story office building with <br /> approximately 11,996 square feet of office space, <br /> restrooms, meeting rooms, and reception areas; and <br /> a parking lot. The actual square footage and <br /> location of the premises shall be determined by <br /> agreement prior to the execution of the lease by <br /> County and Landlord. <br /> <br /> ADDITIONAL PARKING: As a condition of the lease, the Landlord shall <br /> secure an adjacent property, providing parking for <br /> at least forty (40) additional automobiles. This will <br /> be provided at no cost to the County while the <br /> County is leasing the property. <br /> <br /> USE OF PREMISES: The property shall be used for County offices, <br /> storage, and parking. <br /> <br /> TERM: The tern of the lease shall be five (5) years <br /> beginning July 1, 2006, subject to approval of the <br /> Hawaii County Council and the Landlord providing <br /> additional parking as described above. <br /> <br /> OPTION TO RENEW: The County shall have the option to renew the lease <br /> for an additional five (5) year(s) upon one hundred <br /> eighty (180) days written notice prior to the <br /> expiration of the term of the lease. The rent to be <br /> charged during the extended term shall be based <br /> upon the then fair market value of the premises, but <br /> <br /> Page 1 of 4 County Approval/Date: / <br /> Landlord Approval/Date: / <br />