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GRANT OF PUBLIC ACCESS EASEMENTS <br /> THIS GRANT OF PUBLIC ACCESS EASEMENTS is made this l day of <br /> , 2011, by and between CONTINENTAL PACIFIC, LLC, a Delaware <br /> limited liability company, whose mailing address is Post Office Box 755, Troy, Alabama <br /> 36081, hereinafter called "Grantor ", and the COUNTY OF HAWAII, a political subdivision <br /> of the State of Hawaii, whose principal place of business and mailing address is 25 Aupuni <br /> Street, Hilo, Hawaii 96720, hereinafter called "Grantee ". <br /> WITNES SETH: <br /> WHEREAS, Grantor is the developer of that certain real property situated in Pepeekeo <br /> at Kapehu, Kaupakuea, Kahua and Makahanaloa, in the District of South Hilo, County and <br /> State of Hawaii, as identified in Subdivision No. 7644 - Revised (2), approved by the County <br /> of Hawaii Planning Department on May 10, 2004, Subdivision No. 04 -151, approved by the <br /> County of Hawaii Planning Department on November 15, 2005, Subdivision No. 04 -193, <br /> approved by the County of Hawaii Planning Department on December 14, 2005, and <br /> Subdivision No. 05 -228, approved by the County of Hawaii Planning Department on March <br /> 24, 2006 (collectively the "Project "). <br /> WHEREAS, pursuant to the provisions of Hawaii Revised Statutes Section 46 -6.5 <br /> relating to Public Access, the County of Hawaii has adopted Hawaii County Code Chapter 34 <br /> (Public Access), which provides for implementation of public access over private property in <br /> appropriate locations to the ocean, shorelines and mountain areas by requiring dedication of <br /> land for such public rights -of -way by fee or easement as a condition precedent to final <br /> subdivision approval or the issuance of a building permit for a multiple - family development <br /> where adequate public access is not already provided, including provisions requiring the <br /> County of Hawaii to be responsible for all improvement costs, liability and maintenance <br /> issues. <br /> WHEREAS, in order to assure that public access is provided within the Project to and <br /> along designated shoreline access areas, the Grantor and the Grantee hereby agree to be bound <br /> by, and to encumber the real properties identified and depicted on Exhibit A attached hereto <br /> -2- <br />