RES 475 Draft 01 2006-2008 - Laserfiche WebLink

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Offer to Lease -Kona Warehouse Page 2 December 19, 2007 County agrees to pay the entire annual rental in one payment at the beginning of each fiscal year or portion thereof. COMMON AREA MAINTENANCE: Common Area Maintenance (CAM) charges shall be $0.27 per s.f. per month. The County shall be responsible for any increases in CAM chazges. Any real property tax exemption provided for the County's pro-rata space in the building shall be credited towazds the County's share of CAM charges. BUILDING SERVICES: The Landlord shall be responsible for all building services included in the CAM chazges. LEASED AREA UTILITIES: County shall pay for all other chazges and utilities used by County in the leased premises that aze not included in the CAM charges and separately metered under County's account with service providers. All utilities not sepazately metered shall be prorated utilizing a mutually agreeable formula. HAZARDOUS MATERIALS: To Landlord's current actual knowledge, the premises are free of hazardous waste. EXCISE TAX: In addition to the rent, County shall pay the Hawaii General Excise Tax (currently 4.166%), or any successor tax, which may be payable thereon. REAL PROPERTY TAX: Landlord agrees to submit a claim for partial exemption from real property tax as provided by Section 19-84 of the Hawaii County Code. County will cooperate fully with Landlord in obtaining such exemption. Any exemption shall be credited towards the County's share of CAM charges. DEPOSIT: None. OCCUPANCY: County shall be given occupancy of the premises by February 1, 2008. SUBLEASING AND ASSIGNMENT: County shall not assign or sublease the whole or any portion of the premises without the prior written consent of Landlord, which consent shall not be unreasonably withheld.