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07 & 08 (201) Public Comment From:Heather Sievers <heather@anaheimchamber.org> Sent:Tuesday, September 29, 2020 2:09 PM To:Public Comment Subject:Letter of Support for Angels Baseball Attachments:Sept 29 ltr_Angels Baseball.pdf Please see attached letter of support from the Anaheim Chamber of Commerce. Best Regards, On behalf of Todd Ament Heather Sievers Director of Events Anaheim Chamber of Commerce 2099 S. State College, Ste. 650 Anaheim, CA 92806 heather@anaheimchamber.org 714.758.0222 1 Phone: 714-758-0222 2099 S. State College, Ste. 650 Anaheim, CA 92806 www.anaheimchamber.org September 29, 2020 The Honorable Harry Sidhu, Mayor Members of the City Council City of Anaheim 200 S Anaheim Boulevard,7th Floor Anaheim, CA 92805 Dear Mayor Sidhu and Councilmembers, On behalf of the members and Board of Directors of the Anaheim Chamber of Commerce, I would like to state our enthusiastic support for Agenda Items 7 and 8 on this evening’s City Council agenda. As you know, these items represent the next step forward for the completion of the sale of Angel Stadium and the stadium’s approximately 150-acre property to SRB Management, and approvals for the development plan as proposed by SRB for the future of the stadium property. After many months of hard work and negotiations between SRB leadership and the City’s negotiating team, led by Mayor Harry Sidhu, have proposed a great deal for both Angels Baseball and for the City of Anaheim. In fact, the Anaheim Planning Commission agreed, and gave the development plan a decisive 6-1 vote of approval at its September 9 meeting. There’s much in the plan that Anaheim can be proud of and look forward to in the coming years, including: Millions in additional combined property, sales and hotel bed tax revenue to the City, projected to be $6.6 million in 2025 and reaching $38.3 million by 2050. Over 30,000 construction-related jobs, most in partnership with the building trades and many utilizing local hire programs to prioritize Anaheim workers. Over 45,000 permanent jobs throughout the development site at full build out. A combined $7 billion in total economic output in the region per year. $320 million sale price for Angel Stadium and the property -$150 million in cash plus $170 million in community benefits. We can all be grateful to the Mayor and the negotiating team for the incredible community benefits which they fought for and which SRB Management agreed to deliver. This is what truly makes this entire deal a winner for Anaheim residents. Those benefits include: Build a Strong Local Economy Promote and Brand the Anaheim Community · Create Networking through Business Development Opportunities Represent Business Interests in Government Political Action · Phone: 714-758-0222 2099 S. State College, Ste. 650 Anaheim, CA 92806 www.anaheimchamber.org 5175 total additional housing units, including apartments and condos, of which 777 will be affordable housing units fully integrated into the market-rate community. A seven-acre flagship city park, fully open to and available to thepublic, which the developer will retain responsibility for management and maintenance of. An additional 5.2 acres of parks through the development, plus 11 acres of open flex space for recreational use. And this plan moves Anaheim forward in the long-awaited vision of fulfilling the original vision of the Platinum Triangle, creating a destination like L.A. Live at the Staples Center, or around Petco Park in San Diego. The plan envisions 2.7 million square feet of office space for businesses, plus 1.75 million square feet of commercial space for the retail occupants, restaurants, and hotels that will bring this property to life, create jobs, and generate income and tax benefits for the City of Anaheim year round, not just during the baseball season. Speaking of which, there is of course what many regard as the most important part of this deal: It means that theAngels will stay in and keepplaying here in Anaheim until 2050, at least. Again, the Anaheim Chamber of Commerce is glad to see this longprocess and the hard work of the negotiators produce this great deal for the City of Anaheim and we encourage the City Council to follow the lead of the Planning Commission and vote in favor. Sincerely, Ross McCuneToddAment Chairman of the BoardPresident & CEO Anaheim Chamber of Commerce Anaheim Chamber of Commerce Build a Strong Local Economy Promote and Brand the Anaheim Community · Create Networking through Business Development Opportunities Represent Business Interests in Government Political Action ·