The San Diego City Council Wednesday agreed to a settlement with a real estate broker who helped the city negotiate lease-to-own agreements for the 101 Ash Street and Civic Center Plaza buildings and earned more than $9.4 million for doing so.
Get San Diego local news, weather forecasts, sports and lifestyle stories to your inbox."Although today's events bring finality for Jason Hughes, his family, and the Hughes Marino team, it is important to remember the facts about Jason's role on the Civic Center Plaza and 101 Ash Street transactions between 2013 and 2016," a spokesman for Hughes Marino and Jason Hughes said in a statement.
"While Jason was prepared to put forth a vigorous defense at trial, he has concluded it is in his best interest to settle all claims against him in order to avoid the heavy cost and ongoing distraction of protracted litigation," the statement reads."Jason looks forward to being able to fully focus his time and resources on Hughes Marino's continued national success, his family, and the San Diego community.
Hughes' attorneys have maintained that he disclosed his intent to receive compensation to several city officials. "These people defrauded us on a massive scale," she said."I have no assurance Hughes will not form another company and do business with the city again." Councilman Kent Lee, the council's newest member, admitted he knew more about the case as a member of the public than as an elected official, but said the body needed to regain public trust.
"Despite today's good news, the moment is also bittersweet," she said."Cisterra is no less culpable than Hughes or Hughes Marino, yet the city agreed to dismiss its litigation against them in exchange for the return of the profits it made on the 101 Ash Street transaction.
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