NOTICE OF PUBLIC AUCTION
HANGAR FACILITIES LEASE
DANIEL K. INOUYE INTERNATIONAL AIRPORT
Notice is hereby given that the State of Hawaii, Department of Transportation, Airports Division ("STATE") shall conduct a Public Auction for lease of a certain Hangar Facility, located at the Daniel K. Inouye International Airport ("Airport"), Honolulu, Hawai’i , Island of Oah’u, State of Hawai’i.
A. Time and Place of Auction. The Public Auction shall be conducted at 109 Mokuea Place, Honolulu, Hawai’i 96819, located at the Hangar Facility on the South Ramp of the Airport, on Thursday, March 29, 2018, at 10:00 am.
B. General Description and Location of the Premises. The Premises consist of an existing Hangar Facility designated as Building/Room No. 212-100, containing a footprint of 6,636 square feet, more or less, and Area/Space No. 009-116, containing a land area of 19,241 square feet, more or less, located on the South Ramp at the Airport, Island of Oah’u, State of Hawai’i.
C. Term and Use. The term of the Hangar Facilities Lease (Lease) shall be ten
(10) years, commencing upon the execution of the Lease. The Premises shall be used for the operation and maintenance of a fixed-wing aeronautical, airport-related private or business operation.
D. Upset Rent. The upset annual rent for the first five (5) years shall be ONE HUNDRED EIGHTY-ONE THOUSAND, EIGHT HUNDRED THIRTY-TWO AND 47/100 DOLLARS ($181,832.47). The rental amount shall be due and payable in monthly installments, in advance for the term of the Lease.
E. Availability of Documents for Inspection The Notice of Public Auction and Instructions to Bidders (the "Public Auction documents"), including the Lease, may be examined and/or obtained from the Airports Division website at www.hawaii.gov/dot/airports/doing-business.htm, or from the Department of Transportation, Airports Division, Property and Business Development Office located at the Airport, Inter-Island Terminal Building, 400 Rodgers Boulevard, Suite 700, Honolulu, Hawai’i 96819-1880. A copy of the Public Auction documents may also be purchased upon the tender of the non-refundable sum of FORTY AND N0/100 DOLLARS ($40.00) in United States currency or certified check. The Public Auction documents are subject to revision at any time prior to the Public Auction. All persons who have purchased the Public Auction documents will be notified of and provided copies of such revisions, if any.
F. Bidding. Each prospective Bidder will be required to complete the Bid Intent Package that requires submission of financial statement(s), and other documents, and submit the same to the STATE, at the Property and Business Development Office, no later than 4:00 PM on Tuesday, March 13, 2018. The questionnaires, included as part of the Bid Intent Package will be considered confidential and will not be made available for inspection by the general public.
Any qualified individual, corporation, limited liability company, partnership, joint venture or other entity may bid at the Public Auction after timely submission of an acceptable Bid Intent Package.
G. The STATE reserves the right to cancel this Public Auction, or to postpone or continue same from time to time, as it may deem necessary, by publication of notice to that effect or by public announcement at the time scheduled therefore.
JADE T. BUTAY
Interim Director of Transportation