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. ,cuvo-u~- w lU:i7 8087334865 FACILITIES* vz P 2/6 <br /> F,ducatiottal Contribution Agxeemeot for <br /> PALAMANiTi <br /> THIS INUGNT'URF,, made this clay of by <br /> atul between HILUHIitJ L7EV1sLOPMEN't', LI..C, whose principal place of business and j <br /> mailing address (if different) are <br /> and the State of Flawai'i <br /> i DF,PAItTMCN-1' OF EllUCATIUN, hemitwtiex relim~cd to as "DOI;,' vs4lose mailing ' <br /> address is (]apartment of Gdueatian, Facilities Development 13raneh, 809 8`" Avenue, <br /> f Honoiuly, Hawaii 96816. <br /> p3 <br /> S <br /> WHf?REAS II(Ll3Ii1LU DEYEI.UPMF,'NT, I.LC is the rIeveloper' and recorded <br /> ouaer oPthat certain panel of lama wmprised of approximately 725 accts and identified <br /> as Tax Map hey paree17-2-5:1, also known as "i'ALAMANETI"; <br /> WH)sRt3AS PALAMANUI is anticipated to contain a total oC930 units in the <br /> cmin: project; <br /> a <br /> 5 <br /> td'NtiREA5 PALAivtANU[ is anticipaled,to include permanent residents in <br /> :y approximately sixty-nine percent (69%) of its single family h6mcs and one hundred <br /> ~ y <br /> ~ pen:ent (i QO%) of its muhl-family homes, cxthi~ling atty ago-restricted units; <br /> ~Y1tERliAS H1ZUHILU DEVELOPMliNT, LLC and DUp have tnutuaily ag*rced <br /> z <br /> that the educational contribution set forth in this Agreement will satisfy ail DOF fair- <br /> e share rccluirernenis for P-ALAMANUi, bases( on a maximum x£407 single family and I7S <br /> multi-family residential units; <br /> k.'e <br /> '~'i <br /> PiOW THFILRFORE, H1LUHiLL! DI;VRI.OPMF,i4'f, i,LG and DOF, agree a5 <br /> - Peilows: <br /> tit, <br /> - 5/IO/06 1 <br /> <br /> i_ <br /> <br /> a?~. <br /> <br />