NOTICE OF PUBLIC AUCTION
LAND LEASE
DANIEL K. INOUYE INTERNATIONAL AIRPORT
Notice is hereby given that the State of Hawaii, Department of Transportation ("STATE") shall conduct a public auction (“Public Auction”) for lease of land for the development of a hangar or facility for aeronautical or airport-related purposes, located at the Daniel K. Inouye International Airport (“Airport”), Honolulu, Hawaii, Island of Oahu, State of Hawaii.
A. Time and Place of Auction. The Public Auction shall be conducted at the Department of Transportation, Airport offices, located at Terminal 1 of the Airport, 400 Rodgers Boulevard, Suite 700, Honolulu, Hawaii 96819-1880, on
Friday, January 12, 2024, at 10:00 a.m.
B. General Description and Location of the Premises. The premises consists of Area/Space No. 001-101A, containing an area of approximately 10,224 square feet, more or less, of improved, paved land, identified by Tax Map Key: 1st Division, 1-1-76: portion of 002, located on the South Ramp at the Airport.
C. Term and Use. The term of the Land Lease (“Lease”) shall be ten (10) years, commencing upon the execution of the Lease. The Lease premises shall be used for the development, construction, use, operation and maintenance of a hangar or facility for aeronautical or airport- related purposes.
D. Upset Rent. The upset annual rent for the first five (5) years shall be SEVENTY-TWO THOUSAND, NINE HUNDRED NINETY-NINE AND 36/100 DOLLARS ($72,999.36). 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 (collectively the “Public Auction documents”),
including the form of the Lease, may be examined and/or obtained from the
STATE website at www.hidot.hawaii.gov/airports/doing-business/concession-notices under “Other Offerings” or from the Department of Transportation, Property and Business Development Office located at Terminal 1 of the Airport, 400 Rodgers Boulevard, Suite 700, Honolulu, Hawaii 96819-1880. A copy of the Public Auction documents may also be purchased upon payment 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, which is included in the Public Auction documents, 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 p.m. on Friday, December 8, 2023. 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 the Public Auction, or to postpone or continue the 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.
EDWIN H. SNIFFEN
Director of Transportation
(SA1435717 11/7/23)
