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Committee amends and forwards 10-year extension of Camelot Hotel master lease for supportive housing
Budget and Finance Committee · September 5, 2012
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Summary
The committee approved a retroactive amendment to extend the master lease for the Camelot Hotel (124 Turk Street), a single-room occupancy facility used for permanent supportive housing, setting rent at $34,665/month beginning Aug. 1, 2012 and noting annual CPI adjustments; the budget analyst recommended retroactive approval.
The Budget and Finance Committee on Sept. 1 approved an amendment and forwarded a resolution authorizing a 10-year option to extend the master lease for the Camelot Hotel at 124 Turk Street, which supplies permanent supportive housing…
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