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HomeMy WebLinkAboutCOM 0785.000 2016-2018 Harry Kim 'ooNt -• ".yam Deanna S. Sako Mayor c°•• v1 t;,. Director == - Nancy Crawford •1 =+°"•'•�` Deputy Director Tf• •µp�-. County of Hawaii Finance Department e,,,3 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 February 23, 2018 C) 1-31 Valerie Poindexter, Council Chair and Members of the Hawai`i County Council Hawai`i County Council 25 Aupuni Street Hilo, Hawai`i 96720 Re: Resolution for multi-year agreement The Office of the Legislative Auditor currently leases space at the Hilo Ironworks Building. The lease forthis location expires on April 30, 2018. • Enclosed is a resolution authorizing the County to enter into a five-year, multi-year lease agreement with New Kaiko`o Building, Inc., for space in the Bank of Hawai`i building located at 120 Pauahi Street in Hilo. This property, identified by Tax Map Key (3) 2-2- 011:044 and will be utilized by the Office of the Legislative Auditor. The expected cost of this lease is $1,838.20 per month. If there are any questions,please feel free to contact Hamana Ventura of the Finance Department's Property Management Division at 323-4321. Deanna S. Sako Director of Finance Enc. < ,es. 5).67%5S> ? F Comm. No. C S Ref. To: • t- (-- Ref. Date FEB 2 7 2018 Hawai'i County is an Equal Opportunity Employer and Provider Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Finance DATE: February 21, 2018 STAFF CONTACT: Daryl Inaba PHONE: 961-8567 A. REQUEST: Prepare County Council submittal authorizing the County of Hawaii Legislative Auditor to enter into a Lease Agreement for a five (5) year period with an option for an additional five (5) years for lease of space in the Bank of Hawaii Building. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The County of Hawaii Legislative Auditor's office currently leases space at the Hilo Ironworks Building. The current lease expires April 30, 2018 and the Legislative Auditor's office desires to move from their temporary location closer to the majority of other County offices. The office currently utilizes 1,755 sf of office space at Hilo Ironworks Building and will move into a smaller space of 1,414 sf. at the Bank of Hawaii Building located at 120 Pauahi Street, tax map key (3) 2-2-011:044. The new lease will be for a five (5) year period from May 1, 2018 to April 30, 2023 with an option for an additional five (5) years. SIGNED: DATE: FEB 2 2 2018 Department Head