Disney Offers Billion-Dollar Resort Makeover in Exchange for Continued Tax Exemption in Anaheim

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People visit Disneyland on January 22, 2015 in Anaheim, California. (Credit: Frederic J. Brown/AFP/Getty Images)

People visit Disneyland on January 22, 2015 in Anaheim, California. (Credit: Frederic J. Brown/AFP/Getty Images)

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Disney has offered to invest at least $1 billion dollars to makeover its Disneyland resort if the city of Anaheim will extend their gate tax exemption. Chip Yost reports from Anaheim for the KTLA 5 News at 1 on July 7, 2015.

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