NOTICE OF PUBLIC AUCTION
LAND LEASE FOR
Notice is hereby given that the State of Hawaii, Department of Transportation, Airports Division ("STATE") shall conduct a Public Auction for lease of land for fixed-base operations, located at Kalaeloa Airport ("Airport"), Kapolei, Hawaii, Island of Oahu, State of Hawaii.
A. Time and Place of Auction. The Public Auction shall be conducted at the Manager’s Office at the Airport, Building 104 (Tower Building), Midway Road, Kapolei, Hawaii 96707, on Friday, January 29, 2021, at 10:00 am.
B. General Description and Location of the Premises. The Premises consists of Area/Space No. 420-101, containing an area of approximately 90,300 square feet, and Area/Space No. 501-101, containing an area of approximately 75,851 square feet, at the Airport , Island of Oahu, State of Hawaii.
C. Term and Use. The term of this Land Lease (Lease) shall be thirty-five (35) years, commencing upon the execution of this Lease. The Premises shall be used for the development, construction, use, and maintenance of a Fixed-Base Operation.
D. Upset Rent. The upset annual rent for the first five (5) years of this Lease shall be TWO HUNDRED ELEVEN THOUSAND, ELEVEN AND 77/100 DOLLARS ($211,011.77). The rental amount shall be due and payable in monthly installments, in advance for the term of this Lease.
E. Availability of Documents for Inspection. The Notice of Public Auction and Instructions to Bidders (the "Public Auction documents"), including this Lease, may be examined and/or obtained from the Airports Division website at http://hidot.hawaii.gov/airports/doing-business/concession-notices/ or from the Department of Transportation, Airports Division, Property and Business Development Office during business hours (7:45 AM to 4:30 PM, Monday through Friday) located at the Daniel K. Inouye International Airport, Inter-Island Terminal Building, 400 Rodgers Boulevard, Suite 700, Honolulu, Hawaii 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 Monday, January 4, 2021. 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
Director of Transportation