At the site of the proposed 1,000-bed homeless shelter building on Kettner Boulevard and Vine Street on Monday morning, there were two events going on simultaneously.
On another side of the building, community activist Shane Harris was holding a rally not to target the location of the proposed shelter but, rather, the financials of the proposed lease agreement."I wholeheartedly oppose a lease agreement that will tie San Diegans' hands for decades to come,” said Harris, president of the People's Association of Justice Advocates.
The city council discussed Harris’s proposal and the financials of the lease Monday in a closed-door session. According to the Union-Tribune, developer Douglass Hamm recently bought the building for $13 million. Under the terms of the lease revealed earlier this month, he would lease the site to the city for 35 years beginning, at $1.9 million a year, with increases of 3% each year. The property would cost the city roughly $92 million in rent over 35 years.
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