
“Angel Stadium’s Uncertain Future: Will Nostalgia Spark Renovation or Relocation?”
That could leave the city with the option to put the land up for bid, then let the winning bidder negotiate with Moreno about the stadium. In the meantime, Anaheim could cash in on a nine-figure land sale, then generate property taxes and sales taxes from the stadium site. City staffers warned the council last week Anaheim faces a projected $41-million deficit in the 2026-27 fiscal year. Oakland sold its stadium last year and used the money to avoid cuts in its police and fire departments.
It is improbable that a developer would buy the land without some understanding with Moreno about the long-term future of the Angels, but it is not impossible.
Post Comment