Bicycle Storage Rental Policy.
The following policy has been adopted by the Board of Directors and applies to all bicycle storage slots owned and rented by the Association.
Eligibility. Bicycle slot rentals are available only to current Marina Towers residents on a yearly basis, and are non-transferable.
Rental Payment. Bicycle slot rental payment is $60 per year, payable one year in advance. A refund will be given if the bicycle slot is given up prior to the end of the year. Checks should be made payable to Marina Towers through the Managing Agent’s office.
Key Deposit. A key deposit of $50 will be collected upon acceptance of the rental agreement.
Use. Items must be kept within the confines of the slot(s) and the area kept in a clean, sanitary and relatively neat condition. Only bicycles are allowed in the bicycle storage rack slots. No subleasing allowed.
Risk. The use of the bicycle storage rack slots is at the sole risk of the user; the Association makes no representation, nor assumes any obligation to provide security and/or insurance coverage for the contents of the storage rack and slots. The storage slot renter, their family and/or representatives fully releases and discharges the Association, its employees, agents, and Board of Directors, from all claims for loss, damage, theft, destruction and/or personal injury, regardless of the cause thereof.
Changes. The Association has the right to modify the storage slot rental policy by giving 30 days written notice to the renter of record. Any modifications to the storage slot rental policy must be in writing and mailed or hand delivered to the renter by the Resident Manager or Managing Agent.
Disposal of bicycles. If the user moves and leaves the bicycle in the rented slot, the bicycle will be removed and disposed of, even if the rent has been paid.
Registration of bicycles required. All bicycles must be registered with the Marina Towers office. All bicycles with 20″ or larger wheels are required to be registered in the City and County of Honolulu. There is a one-time fee of $15 and a fee of $5 when transferring ownership of a bicycle. After payment of the fee, the owner will be provided with a decal to be attached to the bicycle frame’s seat tube facing the forward direction.
Termination. The slot rental can be canceled by providing (10) ten days written notice prior to the termination. At the time of termination, the slot must be cleared of all contents, and the possession and/or control of the slot returned to the Resident Manager. Upon termination of the slot rental for any reason, or the resident moves and no longer resides at Marina Towers, should the user fail to immediately remove all of the contents, the Association will dispose of any remaining items upon providing (30) thirty days written notice to the user at their last known address, and/or in accordance with applicable Hawaii law.
Agreement. Continued use and payment of the rental fees is understood as full agreement to this policy.
If you currently have a bicycle stored in the Association storage area and do not agree to the above policy, in full, please inform the Resident Manager of your disagreement and he will make arrangements with you remove your bicycle from the storage area.