The Anaheim City Council will be discussing today the extension, for two years, of another giveaway of future Bed Tax revenue to a luxury hotel developer. According to the staff report, the developer could receive up to $44 million dollars in Bed Tax revenue over a 15-year period after the property opens.
by Chris Prevatt • • Comments Off
It looks like some Anaheim City Council members want to keep all their secret deals quiet. Now we find out that the development agreement which gave away $158 million specifically conceals the name of the primary investor benefiting from their gift of future public funds.