Anaheim Votes to Officially End Tax Breaks for Disneyland Resort at Company’s Request

The Anaheim City Council voted Tuesday to end agreements that offer the Disneyland Resort tax breaks for investing in its theme parks and an adjacent shopping district, a move requested by theme park owner Walt Disney Co.

After sometimes heated debate, the council voted unanimously to end the incentive deals, which were designed to encourage Disney to build a 700-room luxury hotel at the resort and to invest in multimillion-dollar expansions at Disneyland and Disney California Adventure Park.

Mayor Tom Tait said he was “very surprised” by Disney’s request, but added that he is optimistic that the move will be a “rare opportunity to push the reset button” with the city’s biggest employer.

But Councilwoman Lucille Kring said the end of the subsidies will mean that dozens of construction jobs to build the luxury hotel that is now on hold will be lost.

Read the full story on LATimes.com.