Board of Agriculture and Biosecurity Staff Report - Lease Assignment S-4934
Honest Greens Proposed as New Waimānalo Leaseholder
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Description
Staff recommends the Board of Agriculture and Biosecurity approve assignment of General Lease No. S-4934 to Honest Greens LLC for a 7.164-acre agricultural park parcel in Waimānalo. Honest Greens LLC would pay $125,000.00 in consideration and assume the lease through July 31, 2041 at an annual base rent of $9,473.00, with the use amended to diversified agriculture and aquaculture.
Contract Details
Contract Amount
Annual base rent $9,473.00; $125,000.00 consideration to be paid by assignee
Vendor
HONEST GREENS LLC
Agency
Hawaii Department of Agriculture, HI
Contract Type
FACILITIES
Document Date
February 24, 2026
Contract Term
August 1, 1986 through July 31, 2041 (assumes leasehold interest for remaining term)
Renewal Date
2041-07-31
Renewal Info
Lease was previously extended in 2022 to end on July 31, 2041; current action would assign the remaining term to Honest Greens LLC and amend the permitted use.
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