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HomeMy WebLinkAboutCOM 0092.000 2024-2026C. Kirno Alameda, Ph.D. Mayor William V. Brilhante Jr. Managing Director County of Hawaii Finance Department 25 Aupuni Street, Suite 2103 * Hilo, Hawaii 96720 (808) 961-8234 a Fax (808) 961-8569 January 2, 2025 Dr. Holeka Goro Inaba, Council Chair and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Resolution to negotiate a multi -year lease Diane Nakagawa Director Malia A. Kekai Deputy Director Enclosed is a resolution authorizing the County of Hawaii to negotiate a multi -year lease (with one renewal option of five years) with the Association of Apartment Owners of Kailua Village, a nonprofit organization, without notice or appraisal, for the real property identified as Tax Map Key (3) 7-5-008:027. The parcel will be utilized for visitor parking and fire lane access purposes for the Kailua Village Condominium. If there are any questions, please do not hesitate to call Daryl Inaba of the Department of Finance, Property Management division, at (808) 961-8567. e" Diane NakQawa Director of Finance Enc. c: Prop Mgmt 4 ?,e5.62-25 ", Hawai'i County is an Equal Opportunity Employer and Provid it,IIAN - 6 2025 Form#: B-5 7/18/91 DEPARTMENT OF FINANCE DEPARTMENT: Finance DATE: 12/24/24 STAFF CONTACT: Daryl Iobe PHONE: 901-8587 Prepare County Council submittal authorizing the Finance Director to enter into alease agreement for parking purposes to the Association of Apartment Owners of Kailua Village over tax map key (3) 7-5- 008:027. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The Association of Apartment Owners of Kailua Village would like to extend their lease of tax map key (3) 7- 5-008:027 which is used as their guest parking area. The lease ieproposed for eninitial five 83year term at $3.00O.00per onnurn. Lessee shall have one (1) option to extend the term for an additional five (5) years at arate tobeagreed upon prior tothe option period. �8�� SIGNED: DATE: ^~ ----