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••�tV OF M�' '��' Nancy E. Crawford William P. Kenoi ;' ` `= �le;� „� ' Director 1 i Mayor : .;,� , '�•+ - Deanna S. Sako Deputy Director County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 R.3 June -_ C June 28, 2012 Dominic Yagong Council Chair and Members of the Hawaii County Council -- Hawaii County Council c:" 25 Aupuni Street N.) Hilo, Hawaii 96720 Re: Resolution for multi-year lease The County of Hawaii controls three real property parcels situated in Waiakea, South Hilo, County and State of Hawaii. The Hawaii Island Veterans Memorial, Inc., a nonprofit organization, desires to lease these properties for the purpose of the construction and development of a veterans center and veterans housing. The Hawaii County Council previously approved the lease of the three parcels for this reason, through Resolution 293-07 and Resolution 168-04, but the leases have lapsed without having the construction complete. Enclosed is a resolution authorizing the Director of Finance to negotiate a five year lease with renewal options in five-year increments for these properties with the Hawaii Island Veterans Memorial, Inc., to be used for a veterans center and veterans housing. This resolution also authorizes the Mayor to execute said lease agreement on behalf of the County of Hawaii following its approval by the Council. If there are any questions, please do not hesitate to call Ken Van Bergen from the Finance Department's Property Management Division at 323-4323. r C(446/4 Nancy rawford Director of Finance Enc. Comm. No. -1 73 Cc: Property Management Ref. To: FL Ref. Date AN 2 $ 20ft (RCS. 2.15-1Z) Hawai`i County is an Equal Opportunity Provider and Employer