Tag Archive for Take Back Anaheim

UPDATED: Anaheim: Shelling out Money – For Nothing

money-hands

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.

Residents launch initiative to Take Back Anaheim

Larry Larsen (Photo: Chris Prevatt)

Following months of debate over the back-room deal resulting in the handover of $158 million in future Transient Occupancy Tax revenue to spur the development of two luxury hotels, a group of residents has filed a charter amendment initiative to Let the People Vote on such deals in the future.