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Liquor Commission
<br />GKM, Inc.
<br />dba Ko'a Honokohau Harbor
<br />Page 3 of 4
<br />KIND OF BUSINESS: Applicant will operate as an Asian Sushi restaurant from 11:00 a.m. —
<br />9:00 p.m., six (6) days a week, Tuesday through Sunday, closed on Mondays.
<br />Employment will consist of approximately six (6) employees, three (3) of which will be certified
<br />by the Department of Liquor Control to supervise the sale, service, and consumption of liquor.
<br />HARBOR LEASE NO. H-82-4: This Harbor Lease No. H-82-4 ("Lease") was made on the Wh
<br />day of April 1983, by and between the State of Hawaii, by its Director of Transportation,
<br />("Lessor") and Gentry -Pacific, Ltd., ("Lessee"). The term of said Lease was for thirty-five (35)
<br />years, having commenced on April 1, 1984, and having expired on March 31, 2019.
<br />EXTENSION OF HARBOR LEASE NO. H-82-4: This Extension of Harbor Lease No.
<br />H-82-4 ("Extension") was made and entered into on the 12 th day of May, 2006, by and between
<br />the State of Hawaii, hereinafter referred to as the ("Lessor"), by its Board of Land and Natural
<br />Resources, hereinafter referred to as the ("Board") and GKM, INC., a Hawaii corporation,
<br />whose address is 74-425 Kealakehe Parkway, Kailua-Kona, Hawaii 96740, hereinafter referred
<br />to as the ("Lessee").
<br />Harbor Lease No. H-82-4 ("Lease") was extended for an additional twenty (20) years, from April
<br />1, 2019, up to and including March 31, 2039. All terms, conditions, and covenants contained in
<br />said Lease shall continue to remain in full force and effect until the termination date of the
<br />Extension, unless sooner terminated
<br />ASSIGNMENT OF LEASE: An Assignment of Lease was entered into on October 15, 2002,
<br />by and between Gentry Properties ("Assignor") and GKM, Inc., ("Assignee"), where Assignor
<br />sold, assigned, transferred, set over and delivered unto Assignee all of that certain Harbor Lease
<br />No. H-82-4 dated April 8, 1983, made by and between the State of Hawaii as Lessor and
<br />Gentry -Pacific, Ltd., as Lessee; consent thereto given by the State of Hawaii, Board of Land and
<br />Natural Resources, by unrecorded instrument executed March 19, 2003.
<br />ZONING: County -Open / Use not permitted per zoning unless DLNR approves. Applicant is
<br />working with DLNR to obtain required approval letter.
<br />SURROUNDING AREA: Survey of the surrounding area reveals there are no schools or
<br />churches, or liquor licenses with the same class and kind located within 500 feet of the proposed
<br />licensed premises.
<br />At the present time, there are 136 of the same class and 119 of the same kind of liquor licenses
<br />being lawfully exercised in the County of Hawai'i.
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