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. The city asked HCD to “make a final and formal determination” that the sale is in compliance with the law. He said he hoped the council would discuss the issue publicly and consider seeking accelerated construction of affordable housing units within the project and/or units beyond the 466 currently stipulated in the sale agreement. Under the deal, the Angels would play in Anaheim through at least 2050, with Moreno’s company building a neighborhood around a new or renovated stadium. Under state law, Kergan said Anaheim could be assessed a penalty of 30% of the sale price.

Source: Los Angeles Times June 24, 2021 16:18 UTC