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Old 10-22-2008, 08:42 AM   #1 (permalink)
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Disney denies it's angling for tax breaks - OC Register 10/21/08

News: Disney denies it's angling for $120 million in tax breaks | disney, pringle, galloway, developers, million - OCRegister.com

Quote:

Why would Disney/Pringle go after Galloway? Well, she did lead the effort to build affordable housing for resort workers in an area Disney/Pringle wanted to see tourist-friendly development. That was a big knockdown fight – but Galloway believes that's not the main reason she's now a target. After all, Disney ultimately got what it wanted.

Galloway is now telling me (yes, that prescient columnist was me all along!) that Disney now wants to build two four-star hotels next to Disneyland and wants Anaheim taxpayers to give the company a $120 million tax break to make it happen.

Galloway, as Disney might expect, says she won't vote for it. Disney, her theory goes, has only Pringle and Harry Sidhu as secure votes and needs a third vote. (Councilman Bob Hernandez isn't going to vote for it either, but he's not up for re-election. Councilwoman Lucille Kring owns a business in the area and can't vote on it.) So, the theory goes, Disney needs Eastman to win.
Much more at the link.
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Old 10-22-2008, 10:43 AM   #2 (permalink)
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Re: Disney denies it's angling for tax breaks - OC Register 10/21/08

I think it is great that Disney is going to build two new hotels. I don't even mind if Anaheim forks over some tax money because they will make it back BIG over time. I hope that Disney puts some imagination and fantasy into the new hotels and does just build Hilton knock-offs.
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