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cuuo-u~-+u tu:7~ 80$7334865 FACILITIES* vz P 3/6 - <br /> i <br /> I <br /> 1. IItLUFUI tJ DFVELOPMI=~1'1' I LL's School lair-Share C:onmbntion. € <br /> i <br /> IIII.t1HU,T,i DEVSLUPMIiNT, LLC shall usnuibute io the DOE !hc use of an <br /> B,QUU square foot huildinl; within PALAMANUI for a period oCtwenty (2U) years, <br /> according to tlse following conditions: <br /> a. Nv rent or common area maintenance tees will be charged w Ehq DOF., <br /> b. The building will be used as instructignal and oiTice space €or irte schogi <br /> complexes located in Wcst Ilawaii, <br /> e. "the buildin; wit? meet DOE facility standards, with finisLed elass+znams, <br /> wgrkshops and offices, <br /> d. IIf1,ti1-IU.LI D);VELOPML?NT will collabvratc with the 170E on the <br /> rcyuit"emcttts of the building in order m devcigp building plans subject to <br /> DOS apprcwal, <br /> e. The buildiug wilt be a-vaitablc to the DOE within one year of the isswmcc <br /> of the Srst msidential building permit for PALAIvI.ANUI, <br /> f: koltowitto Use twenty year period when the buildine wits be made available <br /> ? to the DOL+, the building will be made available to DOE for additional <br /> years, at the prevaifittg rental sates. <br /> g. In the event that DC1G or H1LLnIlL(I t)EVtSLOFMGNT detersntne that <br /> despite g<xsd eflims, a building catnsot be provided, or DOE. no ignger <br /> needs the facility and its design has nut been completed, H1LU~iU.U <br /> DL'VF.LUPMEN'f will make a school fair-share cash contribution as <br /> outlined in Section Z. vfthis agreement. <br /> 2. IIII t'HII tJ UlVFLOPMENT i,LC's Altentativs C;as6 Contribuiign. if the DOF <br /> ti <br /> - and H1LUI'11LU DRVL-;LOPMIiNT LLC determine that the contribution outlined <br /> in Section 1. of this agreement caws no longer by met, NlLliH1LU <br /> it= <br /> ntVEi.t1PN1EN'i' LI.C shaft contribute a total of TWU MII.LIUN 5lX <br /> ITLINUI2F.D 'fiUR"1'Y THR1E THOLISAN.t7 AND TWO HtJNt~RID TWL""N'i Y <br /> - 'fW0 DOLi,ARS ($2,633,222) to DUB. <br /> 5!t U/U6 2 <br /> <br /> i`. <br /> <br />