List Your Equipment For Free  /  Seller Login

Disneyland $1B Expansion Planned

The project promises to create 1,400 jobs and bring an additional $15 million in annual city tax revenue.

Mon July 13, 2015 - West Edition
Construction Equipment Guide


ANAHEIM, Calif. (AP) The Anaheim City Council has moved to extend an admissions tax ban to the Walt Disney Co. in exchange for its pledged billion-dollar expansion.

According to the Orange County Register (http://bit.ly/1TkqPJX ), the City Council approved a 30-year entertainment tax exemption after 5 1/2 hours of public deliberation Wednesday morning.

The deal requires Disney to begin construction by the end of 2017 and finish within seven years.

The project promises to create 1,400 jobs and bring an additional $15 million in annual city tax revenue.

The tax exemption will expire if Disney fails to meet these requirements. However, it could also be extended if Disney continues to expand.

Currently, no Disney parks in the world have an admissions tax.




Today's top stories

Iconic Hotel Being Demolished to Make Way for Baseball Stadium

MD 4 Project to Add Diamond Interchange

Volvo Construction Equipment Showcases New Products at North American Volvo Days

VIDEO: Anniversary of Highway Workers' Memorial Renews Calls for Work Zone Safety

Yanmar Compact Equipment Introduces New Line of Branded Attachments for Compact Track Loaders

Caterpillar Introduces Dynamic Energy Transfer Solution for Battery, Diesel-Electric Mining Equipment

Five Finalists Compete for Grand Prize Makeover in Bobcat Park and Rec Makeover Contest

VIDEO: Students From Washington, Ohio Earn Top Honors in Annual ARTBA Transportation Video Contest


 







39.95234 \\ -75.16379 \\ Fort Washington \\ PA