[ericc]

The agreement in which the city of Anaheim sold Angel Stadium and the surrounding parking lots to a company affiliated with Angels owner Arte Moreno “may be in violation” of state law, a state agency has warned the city.

https://www.latimes.com/sports/angel...aw-arte-moreno

No violation has been determined, and any such violation would not necessarily kill the deal.

Jose Moreno, one of two council members who voted against the sale, said he was “upset” that the city manager first informed the entire council of the news in an email after The Times broke the story Thursday.

In 2019, the city agreed to sell the property to Arte Moreno’s development company for a price later finalized at $320 million.

In 2020, the city agreed to lower the cash price to $150 million, with the remaining $170 million credited toward the inclusion of affordable housing and parkland within the development.

The property could have been worth as much as $500 million on the open market, according to a city-commissioned appraisal, with the stadium demolished and the land vacant.

[mcaulay777]

As a long time Angel Fan going back to the 70s Jim Fregosi,Dave ChalkJimmy Anderson,Tony Solita ect.Arte Moreno stinks as a owner.No one has called this guy out! He signs big names to fill the house and sell tickets he has never cared about winning that is all he has done. That Hamilton signing and Pujas signing set the team back 20 years!

[carolinakid]

CAL is a fuk up state anyway, too bad the people cant just wear their masks forever there, in that way we cant see the mouths of the dems lips moving, because all is a lie anyway from them.

[KVB]

This is non story.

Deal was made before the law was signed and they still include affordable housing. At the time there was no requirement to open up the process for bidding.

At the worst, if they don't puruse it legally, the city could be fined and lose out big time, but it probably won't go down that way.

I love the opening of the article...

The agreement in which the city of Anaheim sold Angel Stadium and the surrounding parking lots to a company affiliated with Angels owner Arte Moreno “may be in violation” of state law, a state agency has warned the city.

No violation has been determined, and any such violation would not necessarily kill the deal...