The city would collect $9.4 million from Hughes if the deal wins City Council approval at a special afternoon meeting Wednesday.
The city of San Diego’s 2016 lease-to-own agreement for the downtown high-rise has been the subject of litigation, criminal investigation and public scrutiny for years.
Mayor Todd Gloria and Council President Sean Elo-Rivera issued a joint statement saying the settlement presents an opportunity to hold Hughes responsible. It also says both sides agreed to the settlement after consulting with attorneys and other experts. The deal becomes final after council approval and signatures from all parties.
Michael Attanasio, the lead attorney who has been representing Hughes, also declined to discuss the proposed resolution.Press aides to Mayor Todd Gloria did not respond to questions about the proposed settlement. The council meeting, which will be held in open session and include an opportunity for public testimony ahead of any vote, was announced mid-afternoon Tuesday.
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