Another potential giveaway of hundreds of millions of dollars in city assets and future revenue was launched last night by the Chamber of Commerce controlled City Council majority of members Murray, Eastman, Kring and Brandman.
The Orange County Register reports this morning that the vote that resulted in the $158 million tax giveaway by the Anaheim City Council violated California’s open meeting law the Brown Act. According to the judge, that agenda description did not adequately describe the action that was being taken, the approval of the significant giveaway of future bed tax revenues to the developer.
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.