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HomeMy WebLinkAboutRES 033 Draft 01 1994-1996COUNTY CiF HAWAII STATE OF ttAWAlI RESOLUTION WHEREAS, Article X, Section 10-11 of the Hawaii County Charter requires that any contract, lease, or other obligation requiring payment of funds from the appropriations of a later fiscal year or more than one fiscal yeaz be approved by resolution; and WHEREAS, the County of Hawaii desires to lease office space of approximately 816 squaze feet at 77-6399 Nalani Street belonging to Lenders Document Service, Inc. in Kailua- Kona, Hawaii; and WHEREAS, the said space shall serve as the West Hawaii County Council Office and will be occupied by the Council Members of District 7 and District 8; and WHEREAS, the County of Hawaii wishes to enter into a lease with Lenders Document Service, Inc. for approximately one (1) yeaz, with the County's option to renew for a period of up to one additional yeaz. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that the Mayor is hereby authorized to enter into a lease agreement with Lenders Document Service, Inc., said lease in substantially similiaz form as described in Exhibit A, attached hereto. BE IT FURTHER RESOLVED that sufficient funds be budgeted in future fiscal yeazs to cover the obligation of the County under the lease agreement. BE IT FURTHER RESOLVED that the Clerk of the County of Hawaii transmit a copy of this resolution to Mayor Stephen K. Yamashiro, the Director of Finance and Lenders Document Service, Inc. DATED: Hilo, Hawaii, this 15th day of February ,1995. INTRODUCED BY: OUNCIL MEMBER, COUNT OF HAWAII COUNTY COUNCIL County of Hawaii Hilo, Hawefi Moss 1 ass I hereby oertity that the foregoing RESOLUTION was by the vote indicated to the right hereof adopted the COUNCIL of the CountyotHawafion February 15, 1995 , ATTEST: !~~'~""1 ~ ~~ CO ~ CLERK CHpIRbIAN & PRESIDING OFFICER RESOLUTION NO. 33 s3 tDRAFT ? ~ THIS INDENTURE OF LEASE made this day of 1995, effective, however, February 1, 1995, by and between LENDERS DOCUMENT SERVICE, INC., a California corporation registered to do business in the State of Hawaii, with its mailing address at Post Office Box 4546, Kailua-Kona, Hawaii 96745-4546, hereinafter called "Landlord", and the COUNTY OF HAWAII, for the use of with its mailing address at 25 Aupuni Street, Hilo, Hawaii 96720, hereinafter called "Tenant"; W I T N E S S E T H: (1) Landlord is the sole owner of the business premises described below, having office space therein to let. (2) Tenant desires to lease office space from Landlord. (3) The parties desire to enter into a lease agreement defining their respective rights, duties and liabilities relating to the premises. In consideration of the mutual covenants contained herein, the parties agree as follows: Section 1 Description of Premises: Landlord does hereby demise and lease to Tenant, and Tenant, does hereby hire and lease from the Landlord a portion of the first floor of the premises situate at Holualoa 4th, District of North Rona, Island and County of Hawaii, State of Hawaii, known as Lot Numbers 57 and 58 of the "Sunset View Terrace Lots, Unit 1", and commonly known as the "LENDERS DOCUMENT SERVICE BUILDING , which portion contain 816 square feet, and is designated Bay 1 on the sketch attached hereto as Exhibit "A" and incorporated herein by reference, hereinafter called the "premises", together with the full right of access to said premises in common with others over, across and through any alleys, common entrances, lobbies, stairways, halls, escalators, elevators and corridors in or around said building, subject to the terms, covenants and conditions contained herein. 2 LENDERS DOCUMENT 'SERVICE BUILDING LEASE Table of Contents Item Pia ,e Section 1 Description of Premises Z 3 Z Tenn of Lease 3 Delivery of Possession 3 3 4 Base Rent 5 Payment of Costs and Security Deposit 3 6 Restrictions on Use 4 7 Abandonment of Premises 5 5 8 Utilities 9 Condition of Premises 5 5 10 Maintenance 11 Certain Rights Reserved by Landlord 6 12 Liability of Landlord 6 ~ 13 Destruction of Premises ~ ~ 14 Condemnation 15 Assignment and Subletting 8 16 Breach or Default 8 17 Effect of Breach 8 9 18 Option to Renew lg Subordination and Financing 9 10 ZO Liability Insurance 10 yl Attorneys' Fees 10 22 Partial Invalidity 10 23 Captions and Pronouns Y4 Successors and Assigns it 11 Zg Binding Effect 11 26 Entire Agreement EXHIBIT A The premises shall be used for the purpose of business offices and for no other purpose. Section 2. Term of Lease. The term of the lease shall be for a period of one (1) year from February 1, 1995, unless sooner terminated as provided herein, or unless extended as provided herein. Tenant shall surrender the premises to Landlord immediately on termination of the Lease. Section 3. Delivery of Possession. Landlord agrees to have the premises ready for occupancy on February 1, 1995. Section 4. Base Rent. Tenant shall pay to Landlord at the offlc.e of Landlord or at such other place as Landlord shall designate, the annual net rent of SEVENTEEN THOUSAND ONE HUNDRED THIRTY-SIX AND NO/100 DOLLARS (;17,136.00), plus General Excise Tax, in equal monthly Installments of ;1,428.00 each, plus General Excise Tax, in advance on the first day of each and every calendar month during the term of this Lease. If the term commences or ends other than on the first day of a month, then the rent for such month shall be prorated for such fractional period and paid promptly to Landlord. Any and all soma due hereunder which are unpaid when due shall draw interest at the rate of one percent (13) per month until fully p~sid. ~~ Section 5 Payment of Coats and Security Deposit. A. Payment of Costs. Landlord shall pay when due all real property taxes and shall provide and pay for common area lights, fire and public liability insurance on the building and common areas with limits of ;1,000,000.00, air conditioning, water, trash pickup, yardwork, repairs, maintenance, management services. and all other operating coats of the building ("annual operating costs"), except those specifically agreed to be provided by Tenant but all such annual operating costa incurred by Landlord shall be charged proportionately to the tenants of the building upon the following terms and conditions: (1) Landlord has estimated the annual operating costs for the first year to be 24 cents per square foot per month. The cost per square foot is determined and shall be determined 3 hereunder by dividing the monthly cost by the total leasable space of the building. (2) During the first year of this Lease, Tenant shall pay the sum of ;195.84 per month (;0.24 X 816 square feet), plus General Excise Tax, along with the monthly base rent payment, for its total share of the estimated annual operating coats. At the end of the first year, Landlord shall compute the actual operating costs for that year. If the actual operating coats are greater than the estimated coats, Tenant shall pay its proportionate share of the difference within thirty (30) days after Landlord notifies Tenant of the amount due. If the actual operating costs are less than the estimated costa, Landlord shall promptly refund Tenant its proportionate share of the difference. (3) During each succeeding year, the previous year's actual operating costs shall be used as a basis for determining Tenant's estimated costs for the succeeding year. Similarly, at the end of each succeeding year, the actual operating costs will be computed and Tenant shall pay its proportionate share of any shortage or shall be refunded its proportionate share of any overage. (4) Optional three days per week janitorial services for the demised premises are available at an additional cost of ;204.00 per month, plus Hawaii General Excise Tax. Tenant's utility costs are set forth in Section 8 of this Lease. Any and all soma due hereunder which are not paid when due shall draw interest at the rate of one percent (1S) per month until fully paid. B. Security Deposit. No security deposit shall be required. Section 6. Restrictions on Uae. Tenant shall not use nor permit the premises, or any part thereof, to be used for any purposes other than those set forth herein. Tenant shall neither permit on the premises any act, sale or storage that may be prohibited under standard forms of fire insurance policies, nor use the premises for any such purpose. In addition, no use shall be made nor permitted to be made that shall result in (1) waste on the premises, (2) a public or private nuisance that may disturb the quiet enjoyment of other tenants in the building, (3) improper, unlawful or objectionable use, including sale, storage, or preparation of food, alcoholic beverages, or materials generating an odor on the premises, or (4) noises or vibrations that may disturb other tenants. Tenant shall comply with all governmental regulations and statutes affecting the premises either now or in the future. Tenant shall also comply with such rules and regulations as may be adopted by Landlord from time to time and made available in 4 written form to Tenant; said rules. and regulations may affect not only occupancy of leased premises, but also use of common and public area, but in any event shall be uniform as to all tenants of the building. No animals or birds of any kind shall be permitted in or around the building. Section 7. Abandonment of Premises. Tenant shall not vacate nor abandon the premises at any time during the term, but if Tenant does vacate or abandon the premises or is dispossessed by process of law, any personal property belonging to Tenant other than the business files and records of Tenant and left on the premises shall be deemed abandoned at the option of Landlord and shall become the property of Landlord. Section 8. Utilities. A. Telephone. Tenant shall, in its own name, contract for and obtain telephone services for the demised premises at its own liability and expense and shall indemnify Landlord from any liability thereunder. H. Electric. Landlord shall install a separate electrical submeter for the premises demised in this Lease for all electrical nse and shall bill Tenant for its submetered amount each month. Tenant shall pay its share of electric costs within thirty (30) days after receipt of a statement therefor. Any and all sums due hereunder which are not paid when due shall draw interest at the rate of one percent (lt) per month until fully paid. ,~ Section 9. Condition of Premises. If Tenant takes posae~sion of premises after completion of construction and remodeling, the taking of possession by Tenant shall be conclusive evidence as against the Tenant that the premises were in good order and satisfactory condition when Tenant took possession. Section 10. Maintenance. A. Tenant's Duties. Tenant will, at its own expense, keep the interior of the premises in good repair and tenantable condition during the term of this Lease, and Tenant shall promptly and adequately repair all damage to the interior of the premises and replace or repair all damaged broken glass, fixtures, and appurtenances under the supervision and with the approval of Landlord and within any reasonable period of time specified by Landlord. If Tenant does not do so, Landlord may, but need not, make such repairs and replacements, and Tenant shall pay Landlord the coat thereof forthwith upon billing for same. Landlord may, but shall not be required to do so, enter the premises et all reasonable times to make such repairs, alterations, improvements and additions. Tenant shall, at the termination of this Lease, surrender the 5 premises to Landlord in as good condition and repair as reasonable and proper use thereof will permit. H. Landlord's Duties. Landlord shall keep the exterior and common areas of the building in which the premises are located in good condition and repair, reasonable wear and tear excepted, the coats of which, however, shall be borne proportionately by the tenants of the building. Landlord shall have the following rights, exercisable without notice except as provided herein and without liability to Tenant for damage or injury to property, persons or business and without effecting an eviction, constructive or actual, or disturbance of Tenant's use or possession or giving rise to any claim for set-off or abatement of rent: (a) To install, affix and maintain any and all signs on the exterior and interior of the building. (b) To designate and approve, prior to installation, all types of window shades, blinds, drapes, awnings, window ventilators and other similar equipment, and to control all internal lighting that may be visible from the exterior of the building. (c) To inspect the premises at reasonable hours and, during the last sixty (60) days of the term, to show them to prospective tenants at reasonable hours and, if they are vacated, to prepare them for re-occupancy. (d) To retain at all times, and to use in appropriate instances, keys to all doors within and into the premises; no locks shall be changed or added without the prior written consent of Landlord which consent shall not be unreasonably withheld. It is hereby understood by Landlord that Tenant has a duty of confidentiality to its clients and, therefore, Landlord may never enter the premises without Tenant's presence except in cases of imminent danger to life or property. (e) To prohibit the placing of vending or dispensing machines of any kind in or about the premises without the prior written permission of Landlord. (f) So long as Tenant's use of the premises and rights created under this Lease era no substantially affected, Landlord may from time to time adopt such rules and regulations as in its discretion are required and as may affect not only the occupancy of the leased premises, but also the use of common and public areas; said rules and regulations shall be uniform and written notice thereof given. Landlord slay enter upon the premises and may exercise any or all of the foregoing rights hereby reserved without being deemed guilty of an eviction or disturbance of Tenant's use or possession and without being liable in any manner to Tenant. Section 12. Liability of Landlord. Tenant waives all claims against Landlord for damages to goods or for injuries to persona on or about the premises from any cause arising at any time except those actions resulting from the negligent acts or omissions 6 of Landlord or his agents and employees. Tenant will indemnify Landlord on account of any damage or injury to any person, or to the goods of any person, arising from the use of the premises by Tenant, or arising from the failure of Tenant to keep the premises in good condition as provided herein. Tenant agrees to pay for all damage to the building, as well as all damage or injury suffered by tenants or occupants thereof caused by misuse or neglect of the premises by Tenant. Section 13. Destruction of Premises. In the event of a partial destruction of the premises during the term from any insured cause, Landlord shall forthwith repair the same provided the repairs can be made within sixty (60) days under the laws and regulations of applicable governmental authorities. Any such partial destruction from any insured cause shall neither annul nor void this Lease, except that Tenant shall be entitled to a proportionate reduction of rent while the repairs are being made, any proportionate reduction being based on the extent to which the making of repairs shall interfere with the business carried on by Tenant in the premises. If the repairs cannot be made in the specified time, Landlord may, at his option, make repairs within a reasonable time, this Lease continuing in full force and effect and the rent to be proportionately rebated ae previously set forth in this paragraph. In the event that Landlord does not elect to make repairs that cannot be made in the specified time, this Lease may be terminated at the option of either party. Upon such termination, Landlord shall be liable to Tenant !or the depreciated replacement value of all improvements and fixtures made by Tenant and not covered by insurance. The market value of the improvements and fixtures shall be determined by assuming the building has not been destroyed. In the event of any partial destruction of the premises during the term from an uninsured cause, then Landlord may, at Landlord's option, termin a this Lease upon written notice to Tenant. A total destru ion of the building in which the premises are situated shall terminate this Lease. Section 14. Condemnation. A condemnation of the entire building or a condemnation of the portion of the premises occupied by Tenant shall result in a t®rmination of this Lease. Tenant's share of the compensation award will be determined by taking the fair market value of the remaining term of the lease including the option term and the replacement value of Tenant's improvements, fixtures and alterations less the amount due under the lease, over the fair market value of the building times the actual condemnation award. The fair market values referred to above shall be determined by assuming there has been no condemnation. For example, assume ae follows: the fair market value of the remaining term of the lease less the amount due under the lease is 65,000.00; the replacement value of Tenant's improvements, fixtures and alterations is 65,000.00; the fair market value of the 7 building is ;100,000.00; the actual condemnation award is ;60,000.00. Then Tenant's share shall be ;6,000.00, i.e.: (;10,000 divided by ;100,000) x ;60,000. Section 15. Assionment and Subletting. Tenant shall not assign any rights or duties under this Lease nor sublet any part of the premises without the prior written consent of Landlord, which consent shall not be unreasonably withheld. A consent to one assignment or sublease shall not waive Landlord's rights hereunder. This Lease shall not be assignable by operation of law without the written consent of Landlord, which consent shall not be unreasonably withheld. Section 16. Breach or Default. Tenant shall have breached this Lease and shall be considered in default hereunder if (1) Tenant files a petition in bankruptcy or insolvency or for reorganization under any bankruptcy act or makes an assignment for the benefit of creditors, (2) involuntary bankruptcy proceedings are instituted against Tenant under any bankruptcy act and such proceedings adjudge Tenant a bankrupt, (3) Tenant fails to pay any monthly rent or operation costa when due and Landlord has given Tenant fifteen (15) days written notice to pay the rent or operation coats, or (4) Tenant fails to perform or comply with any of the covenants or conditions of this Lease and such failure continues for a period of thirty (30) days after written notice thereof is given to Tenant. Section 17. Effect of Breach. In the event of a breach of this Lease as set forth in Section 16, the rights of Landlord shall be as follows: (1) Landlord shall have the right to cancel and terminate this Lease, as well as all of the right, title and interest of Tenant hereunder, by giving to Tenant not less than ten (10) days' written notice of the cancellation and termination. On expiration of the time fixed in the notice, this Lease and the right, title and interest of Tenant hereunder shall terminate in the same manner and with the same force and effect, except as to Tenant's liability, as if the date fixed in the notice of cancellation and termination were the end of the term herein originally determined. (2) Without affecting Landlord's duty to mitigate damages, on termination Landlord may recover from Tenant all damages proximately resulting from the breach, including the cost of recovering the premises and the worth of the balance of this Lease over the reasonable rental value of the premises for the remainder of the lease term, which sum shall be immediately due Landlord from Tenant. Without affecting Landlord's duty to mitigate damages and after reasonable time allowed Tenant to release the premises, Landlord may relet the premises or any part thereof for any term 8 without terminating the lease. Landlord may make alterations and repairs to the premiaea. The duties and liabilities of the parties if the premises are relet as provided herein shall be as follows: (a) In addition to Tenant's liability to Landlord for breach of the lease, Tenant shall be liable for all expenses of the relettinq, for the alterations and repairs made, and for the difference between the rent received by Landlord under the new lease agreement and the rent installments that are due for the same period under this Lease. (b) The rent received from relettinq the premises shall be applied: (1) to reduce Tenant's indebtedness to Landlord under this Leese, (2) to expenses of the relettinq and alterations and repairs made, (3) to rent due under this Lease, or (4) to payment of future rent under this Lease as it becomes due. If the new tenant does not pay a rent installment promptly to Landlord and the rent installment has been credited in advance of payment to the indebtedness of Tenant other than rent or if rentals from the new tenant have been otherwise applied by Landlord as provided for herein and, during any rent installment period, are leas than the rent payable for the corresponding installment period under thin Leaee, Tenant shall pay Landlord the deficiency separately for each rent installment deficiency period and before the end of that period. Section 18. Option to Renew. Tenant shall have the option to renew thin Lease for a period of up to one additional year; provided, however, that this option is conditioned upon Tenant delivering written notice to Landlord of its intent to exercise this option~~ot leas than sixty (60) days prior to the expiration date of this_I~Base. If the renewal period is for leas than one year, either party y terminate thin Leaee upon sixty (60) days' advance written notice. The rental shall be subject to adjustment at the time of any renewal, but all other terms and conditions shall remain se provided herein. The rent shall be adjusted so that the per square foot rental paid for the renewal period will reflect the increase in the coat of living index during the term of this Lease. The cost of living index to be used shall be that established for Honolulu, Hawaii. In no case shall the rent be reduced. Section 19. Subordination and Financing. Tenant agrees upon request of Landlord to subordinate this Lease and its rights hereunder to the lien of any mortgage, deed of trust or other encumbrance, together with any conditions, renewals, extensions or replacements thereof, now or hereafter placed, charged or enforced against the Landlord's interest in this Lease and the leasehold estate hereby created, the premiaea or the land, building or improvements included thereon or of which the premises are a part, and to execute and deliver (but without coat to Tenant) at any time and from time to time upon demand by Landlord such documents as may 9 be required to effectuate such subordination, and, in the event that Tenant shall fail, neglect or refuse to execute and deliver any such document within ten (10) days after Landlord has given written notice to do so, Tenant hereby appoints Landlord, its successors and assigns, the attorney-in-fact of Tenant irrevocably to execute and deliver any and all such documents for and on behalf of Tenant; provided, however, that Tenant shall not be required to effectuate such subordination nor shall Landlord be authorized to effect such subordination on behalf of Tenant, unless the mortgagee or beneficiary named in such mortgage, deed of trust or other encumbrance shall first agree in writing for the benefit of Tenant that, so long as Tenant is not in default under any of the provisions, covenants or conditions of this Lease on the part of Tenant to be kept and performed, neither this Lease nor any of the rights of Tenant hereunder shall be terminated or modified or be subject to termination or modification nor shall Tenant's possession of the premises be disturbed or interfered with by any trustee's sale or by an action or proceeding to foreclose said mortgage, deed of trust or other encumbrance. Section 20. Liability Insurance. The parties agree and acknowledge that the County of Hawaii is a self-insured entity for the purpose of liability, premises, fire and hazard insurance. Section 21. Attorneys' Fees. In case suit shall be brought for an unlawful detainer of the premises, for the recovery of any rent due under the provisions of this Lease or for breach of any condition contained herein by either party, the prevailing party in such action shall recover in addition to damages and coats a reasonable attorney's fee which shall be fixed by the court. Section 22. Partial Invalidity. If any term, provision, covenant or condition of this Lease shall be held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of this Lease shall continue in full force and effect and shall in no way be affected, impaired or invalidated thereby. Section 23. Captions and Pronouns. (1) Captions. The captions appearing at the beginning of the articles, sections and paragraphs hereof are descriptive only and intended for convenience in reference to this Lease and should there be any conflict or inconsistency between any such caption and the text of any such article, section or paragraph at the head of which it appears, the text of the article, section or paragraph, as the case may be, and not such caption shall control and govern in the construction of the terms of this Lease. (2) Pronouns. Masculine or feminine pronouns shall be substituted for the neuter form and vice versa, and the plural shall be substituted for the singular and vice versa in any place or 10 places herein in which the context_requires such substitution or substitutions. Section 24. Successors and Assigns. provisions, covenants and conditions contained apply to, bind and inure to the benefit of the representatives, administrators, legal represe~ and assigns (where assignment is permitted) of respectively. The terms, in this Lease shall heirs, personal ztatives, successors Landlord and Tenant, Section 25. Binding Effect. This Lease shall supersede prior proposals to lease, lease and any previous amendments and shall be binding upon and inure to the benefit of the parties hereto and to their respective legal representatives and successors in interest. Section 26. Entire Agreement. This Lease constitutes the entire agreement of Landlord and Tenant and supersedes all oral and written agreements and understandings made and entered into by the parties hereto prior to the date hereof, except any agreements entered into by Landlord and Tenant relating to the construction of improvements by Landlord for the benefit of Tenant concerning the premises. Except as herein and otherwise provided, no subsequent alteration, amendment, change or addition to this Lease shall be binding upon Landlord and Tenant unless reduced to writing and signed by each of them. Without limiting the generality of the foregoing, this Lease may not be amended or modified without the written consent of all beneficiaries under any mortgages or deeds of trust constituting a lien on the fee or all or any portion of the premises demised to Tenant. IN WITNESS WHEREOF, the parties hereto have caused this instru~t to be executed in duplicate, thereby giving it effect the day an year first above written. "Landlord" LENDERS DOCUMENT SERVICE, INC. By I Vic President "Tenant" COUNTY OF HAWAII By Stephen K. Yamashiro Its Mayor 11 .v1. ___ c, .. ~._ _ .__ : rrLr 1 .~ ~ . _~ 4 h 0 ~~ +,~ N ~` ~-~- -_ ~_. _ _ _.__ - _ - - __~ _ _~ I _..-_ - _ -_ ~.~ i~~ ,~ ,~ ; ~ ~ , ..sue 1 ~ t~ o~i~ ~ I 1 ~ '~ Q ~ li~~ 1 j( •1 !:~ b !': -) ~ ~" „- ii - r •. f ~ ~ J I~~ ~ ~~ ~ ~ -~ ~ I ••~~ J t ~ ~ :: ~~ ~i ~,/ , _` w _ -- w ~ ~ ~ ~-~. i r ~~~ I~. - ~ ; i • ` I° ~ ~ . i ~~~ ,, ~, 4 i^ w ~ti `I V~ ~ ~~ V i, ,. ;: ~. ~~ N I~ I /lu; ' J / 1