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NOTICE OF SALE

Public Auction Sales of State of Hawaii Leases
on the Island of Hawaii
Auction Date: March 27, 2008 - 10:00 am
Applications and Qualifications Due: February 1, 2008 - 4:00 pm
(Posted 11/26/2007)
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The Department of Land and Natural Resources (“DLNR”), Land Division,
Hawaii District Branch, will be conducting public auction sales of leases
for the following State lands:
Parcel 1. WAIAKEA, SOUTH HILO. The lease to be auctioned covers
the following parcel, which is located on the corner of Komohana Street
and Ainaola Drive, portion of Government lands situated at Waiakea, South Hilo,
Island and County of Hawaii, as shown and described on Government Survey Map
CSF No. 24,345 dated September 20, 2006

| Tax Map Key No:
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(3) 2-4-41:45
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| Total Area:
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2.95 acres, more or less
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| Permitted Uses:
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Commercial purposes as allowed under the County of Hawaii (“County”)
zoning ordinance for the CN-10 (Neighborhood-Commercial) zoning district
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Parcel 2. KAWAIHAE, SOUTH KOHALA. The lease to be auctioned covers
the following parcel, which is located along Akoni Pule Highway, portion of
Government lands situated at Kawaihae 1st, South Kohala, Island and County
of Hawaii, as shown and described on Government Survey Map CSF No. 23,816
dated July 14, 2004

| Tax Map Key No:
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(3) 6-1-3: 15
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| Total Area:
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1.32 acres, more or less
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| Permitted Uses:
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Commercial purposes as allowed under the County of Hawaii (“County”)
zoning ordinance for the MCX-1a zoning district, but excluding those uses prohibited
under County Ordinance 05-153
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About the Land Division
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The Land Division is responsible
for managing State-owned lands in ways that will promote the social,
environmental and economic well-being of Hawaii's people and for insuring
that these lands are used in accordance with the goals, policies and plans of
the State. Lands that are not set aside for use by other government agencies
come within the direct purview of the division. These lands are made
available to the public through fee sales, leases, licenses, grants of
easement, rights-of-entry, month-to-month tenancies or kept as open space
area.
Where acquisitions of privately-owned
lands or lands owned by other government entities are required by the State
for public purposes, the division is responsible for acquiring these lands
through negotiations, condemnations or land exchanges.
Besides maintaining an inventory of State-owned lands,
the division serves as an office of record and maintains a central repository
of all government documents relating to land dating back to the
"Great Mahele" of 1848.
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