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07 & 08 (113) Jennifer L. Hall From:Victor Real < Sent:Saturday, September 26, 2020 1:44 PM To:Harry Sidhu; Council; Victor Real Cc:Loretta Day; Amanda Edinger; Helen Myers Subject:Fw: The pending sale of Anaheim Angels Stadium Follow Up Flag:Follow up Flag Status:Completed Mayor Sidhu and Council members As a 50+ years resident of Anaheim and the other residents that opposed the sale of the Anaheim Stadium, We DO NOT support the City selling the Stadium property with the current plan. VOTE NO, AND WORK ON A FAIR DEAL FOR THE ANAHEIM TAXPAYERS!!! Item 7 relates to Angel Stadium and the surrounding parking https://www.anaheim.net/2527/Agendas lot. Please do the proper thing and VOTE NO. THIS IS NOT a great deal for the City of Anaheim. Respectfully, Vic Real WAND Member Anaheim Ca 92801 ----- Forwarded Message ----- From: Helen Myers <hmyers@anaheim.net> Sent: Saturday, September 26, 2020, 12:31:45 PM PDT Subject: The pending sale of Anaheim Angels Stadium Hello Residents and Friends of Anaheim, This email and information on the sale of Angel Stadium is sent to you from Denise Barnes, Anaheim City Councilperson District 1. The sale of Angel Stadium and the parking lot affects every resident of Anaheim. City Council Agendas | Anaheim, CA - Official Website City Council Agendas | Anaheim, CA - Official Website A listing of the Anaheim City Council's Agendas. 1 Item 7 relates to Angel Stadium and the surrounding parking lot. “I ask that you read this message and send your comments to LDay@anaheim.net by Tuesday, September 29, 12noon. She will forward your comments to the mayor and council. Please voice your reactions to this very troubling information. I have fought for you. I will continue to fight for our city. I need your VOICE TO BE HEARD AT CITY HALL.” Councilwoman Denise Barnes To the Mayor and City Council, As an Anaheim Real Estate Broker for over 35 years, I am shocked that the City of Anaheim is willing to give away over $1 BILLION DOLLARS to a Billionaire! The latest proposal to sell the stadium property to Angels owner, Arte Moreno, went from Bad to Worse. The property next door to the stadium parking lot recently sold for over $4 Million/acre, yet the city plans to sell the 153 acre stadium property to Moreno for $150 Million ( less than $1 Million/acre) and the deal includes the Stadium and the Grove Theatre for FREE! This is an outrageous give away of Anaheim taxpayer property, at a time when Covid-19 has caused an upside down budget for Anaheim. Plus, Moreno has the ability to sell the entire entitled property for a huge profit. The City should at least include a clause in the transaction that should Moreno decide to sell, the City has the first right to buy back The property at Moreno's cost, rather than allow him to profit at the City's miscalculations. I DO NOT support the City selling the Stadium property with the current plan. VOTE NO, AND WORK ON A FAIR DEAL FOR THE ANAHEIM TAXPAYERS!!! YOU WILL BE VERY EMBARRASSED WHEN SRB/MORENO GET'S THESE ENTITLEMENTS APPROVED AND THEN SELLS THE PROPERTY FOR 100's OF MILLIONS OF DOLLARS IN PROFITS! THE TRANSACTION SHOULD AT LEAST HAVE A CLAUSE THAT ALLOWS THE CITY THE FIRST RIGHT TO PURCHASE AT THE BUYER'S COST SHOULD THEY DECIDE TO SELL. WHY SHOULD SRB PROFIT AT THE EXPENSE OF ANAHEIM TAXPAYERS? As our leaders, I hope you will look closely at what this proposed agreement and plan DOES NOT OFFER....NAMELY, THE MARKET VALUE FOR THE PROPERTY ( $150Mil for 153 acres, how much do the taxpayers get for the Stadium and the Grove? $0...that's how much!). Your NO VOTE CAN take Anaheim and their residents to the next level. Please do the proper thing and VOTE NO. THIS IS NOT a great deal for the City of Anaheim. Wally Courtney Anaheim, CA If you do not wish to receive future emails from Councilwoman Barnes, please reply with ‘”unsubscribe” in the subject line. 2