HomeMy WebLinkAboutRES 243 Draft 02 2024-2026COUNTY OF HAWAPI
RESOLUTION NO.
STATE OF HAWAPI
243 25
(DRAFT 2)
A RESOLUTION AUTHORIZING THE PAYMENT OF FUNDS OF LATER FISCAL
YEARS FOR AN EXTENSION OF A MULTI -YEAR LEASE AGREEMENT FOR REAL
PROPERTY TO BE USED BY THE HAWAI`I POLICE DEPARTMENT.
WHEREAS, Section 10-11 of the Charter of the County of Hawaii (hereinafter "the
Charter") provides, in part, that "any contract, lease, or other obligation requiring the payment of
funds from the appropriations of a later fiscal year or of more than one fiscal year shall be made
or approved by resolution"; and
WHEREAS, the Hawaii Police Department (hereinafter "the Department") currently
leases approximately 12,000 square feet of commercial warehouse space for storage from Geo
Investment Company, Inc. (hereinafter "the Lessor"), situated in Kea`au, County and State of
Hawaii; and
WHEREAS, the Lessor and the Department executed a first amended lease, entered into
on June 29, 2012; a second amended lease entered into on June 25, 2013; a third amended lease
entered into on June 26, 2015; a fourth amended lease, entered into on June 25, 2015; a fifth
amended lease entered into on June 28, 2016; a sixth amended lease entered into on June 29, 2017;
and a seventh amended lease entered into on May 25, 2021; and
WHEREAS, the seventh amended lease expired on June 30, 2025; and
WHEREAS, the Department continues to need this commercial warehouse space for
storage from Lessor for an additional five (5) year period commencing on July 1, 2025, through
and ending June 30, 2030; and
WHEREAS, the Department estimates the monthly rent of this lease extension to be
$8,520.00, with a 7% increase in rent per year, to June 30, 2030; now, therefore,
BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAI`I that the
Mayor is hereby authorized to enter into a multi -year lease extension with the Lessor, for an
additional five (5) year period commencing on July 1, 2025, through and ending June 30, 2030,
for the purposes hereinabove described.
BE IT FURTHER RESOLVED that, in accordance with Section 10-11 of the Charter,
sufficient funds be budgeted in later fiscal years to cover the anticipated obligations of the
County under the terms of the lease extension.
BE IT FINALLY RESOLVED that County Clerk shall transmit a copy of this
resolution to the Honorable C. Kimo Alameda, Ph.D., Mayor of the County of Hawai`i;the
Department of Finance; the Hawai`i Police Department; the Office of Corporation Counsel; and
Geo Investment Company, Inc., 57-B Hoaka Road, Hilo, Hawaii 96720.
Dated at Kona , Hawai`i, this 23rd day of July , 2025.
INTRODUCED BY:
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COUNCIL EMBER, kOUNTY OF HAWAI`I
COUNTY COUNCIL ROLL CALL VOTE
County of Hawaii AYES NOES ABS EX
Hilo, Hawaii GALIMBA X
HUSTACE X
I hereby certify that the foregoing RESOLUTION was by INABA X
the vote indicated to the right hereof adopted by the COUNCIL of the KAGIWADA X
County of Hawaii on July 23, 2025
KANEALI`I-KLEINFELDER X
KIERKIEWICZ X
ATTEST: KIMBALL X
ONISHI X
VILLEGAS X
6 0 3 0
aReference: C-387.2/Council
TY CLERK CHAIRPERSON&PRESIDING OFFICER RESOLUTION NO.
(DRAFT 2)
2