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HABEIN LIVESTOCK COMPANY <br /> CURRENT PRODUCTION <br /> Acreage <br /> 1035 Acres in Production <br /> 100% of acres in Production is Pasture <br /> 100`% of acreage Leased <br /> LivestockInventory <br /> 135 mother cows <br /> GO stocker calves <br /> GO feeder calves <br /> GO market cattle <br /> 5 bulls <br /> 320 total cattle <br /> 100 ewes <br /> 28 replacement ewes <br /> 5 market lambs <br /> 2 rams <br /> 135 total sheep <br /> Livestock Market <br /> Hawaii Natural Meats <br /> Emplovees <br /> 2 full-time (1 former Hamakua Sugar Plantation employee) <br /> 1 part-time <br /> INITIAL PROPOSAL <br /> <br /> Proposed Lease Rate: $8.00 per acre for the first five years, $12.00 per acre <br /> next two years, $18.00 per acre for the remaining term of the lease. <br /> Any land subleased by the proposed lessee for diversified agriculture <br /> would go at the appropriate value for such crop. Additional lease fees, <br /> above $10.00 per acre would be split between the County of Hawaii <br /> (2/3) and the proposed lessee (1/3). <br /> Proposed Length of Lease: 20 years, with first option to resume lease at that <br /> time. <br /> Business Goal: To increase the production of a financially successful <br /> ranching operation which markets natural beef and lamb through <br /> Hawaii Natural Meats. <br /> <br />