Angels Lease Talks: Here Is The Anaheim Mayor’s Wish List
URL: https://www.latimes.com/sports/angels/story/2019-08-28/angels-stadium-lease-anaheim-mayor-wish-list
By: Bill Shaikin, Los Angeles Times
Date: August 28, 2019

“In January, Anaheim Mayor Harry Sidhu and Angels owner Arte Moreno agreed to discuss a deal that would keep the team in town for decades to come. Seven months later, on Tuesday, Sidhu held a news conference to spell out what he would like the city to get out of any deal.

The goals are impressive: the sale or lease of city land at market rates, revenue from Angel Stadium and any surrounding development, good jobs at good wages, and a real estate project that includes not just retail, dining and entertainment, but also parks, affordable housing and a neighborhood grocery store.

…“Let me be very clear,” Sidhu said. “The actual value of the land, when we sell that, is going to be a benefit for the residents, whether we have a partnership with [the Angels] to build, whether it’s apartment complexes, whether it’s commercial, whether it’s an entertainment center. … It’s the future revenue we are looking at.”

…In January, Anaheim Mayor Harry Sidhu and Angels owner Arte Moreno agreed to discuss a deal that would keep the team in town for decades to come. Seven months later, on Tuesday, Sidhu held a news conference to spell out what he would like the city to get out of any deal.

The goals are impressive: the sale or lease of city land at market rates, revenue from Angel Stadium and any surrounding development, good jobs at good wages, and a real estate project that includes not just retail, dining and entertainment, but also parks, affordable housing and a neighborhood grocery store.

Jose Moreno, the city councilman who has agitated some city officials with his public warnings about the risks of a bad deal, praised Sidhu for outlining the objectives in pursuing a good deal.

“I 100% support those principles,” Jose Moreno, who is not related to the Angels owner, said during a council meeting Tuesday night. “110%.”

With the city and the Angels expected to start formal negotiations in October, the question now becomes what the city might be willing to give in order to get what it wants. The Angels have described their goal as a “public-private partnership,” and Sidhu said that defining the city contribution to that partnership would be best left for negotiations.

Should residents be concerned that their tax money might be going into this deal?

“Let me be very clear,” Sidhu said. “The actual value of the land, when we sell that, is going to be a benefit for the residents, whether we have a partnership with [the Angels] to build, whether it’s apartment complexes, whether it’s commercial, whether it’s an entertainment center. … It’s the future revenue we are looking at.”…

 

Click Here To Read The Article