At a meeting that lasted past 1am, the Anaheim City Council approved a deal with the Disneyland Resort that would refund any entertainment tax paid, if one was voted on by the citizens of Anaheim, back to the Disneyland Resort. In exchange for the agreement, Disneyland agrees to invest at least $1 billion in the Resort. The deal can be extended from 30 years to 45 years, if Disney invests another $500 million in the future. The deal will include investment in roadways, a new 5,000 spot parking structure, and investments in the existing two parks of the Disneyland Resort.
Mayor Tom Tait and Councilman James Vanderbilt voted against the proposal, while Councilmebers Kring, Murray and Brandman were in favor of the proposal.
Disney backed SOAR released this statement on the vote:
The Anaheim City Council just wrapped up their vote, and we are overwhelmed by the support from all corners of the city! A big thank you to Mayor Pro Tem Lucille Kring, Council Member Kris Murray and Council Member Jordan Brandman who supported this investment from Disney.