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PARKER RANCH CENTER <br /> WAIMEA, HAWAII <br /> OFFER TO LEASE STORE SPACE <br /> Reference Date: December 19, 2007 <br /> TO: Waimea Retail, LLC (Landlord) <br /> c/o GMR LLC <br /> 345 Queen Street, Suite 400 <br /> Honolulu, Hawaii 96813 <br /> <br /> TENANT: County of Hawaii (Tenant) <br /> 25 Aupuni Street, <br /> Suite 118 <br /> Hilo, Hawaii 96720-4552 <br /> Attention: William T. Takaba <br /> Finance Director <br /> Harry Yada <br /> Facilities Director <br /> GUARANTOR(s): NONE <br /> DEMISED PREMISES: Approximately 5,383 s.f. of ground floor space, to be <br /> finalized based on actual size. Further described on <br /> attached exhibit A site map. <br /> LOCATION: Store no. H148, H149 & H150, to be known in aggregate as <br /> space #H148. <br /> USE OF PREMISES: The premises shall be used by Tenant solely for a driver's <br /> license renewal & testing facility. General office and <br /> administrative use related to the Driver's License Renewal <br /> & Testing, County Prosecutors Office, Public Meeting <br /> Rooms, Video Conferencing Center and County <br /> Councilman's Office. <br /> TERM Ten (10) years <br /> G•M•R <br /> EXHIBIT "1" <br /> <br />