Documents released this week revealed the work that’s gone into the massive task of a Downtown ballpark, and the enthusiasm local officials have harbored toward the idea for years.
Ever since the Long Beach Post broke the story in February about the city being engaged in talks with the Angels, the only information that’s come to people not directly involved in the talks has come from the media.
byMelissa Evans, Kelly Puente and Tim GrobatyinNews
Many of the financing options would entail the issuance of general obligation bonds or the "creation of new revenue streams"—which would require voter approval.
The loss of the Arena—which has hosted big names such as Led Zeppelin, the Rolling Stones and the Who in the 1970s, as well as the venue for volleyball in the 1984 Olympics—would have significant financial impact.
The city councils for both Long Beach and Anaheim will meet to discuss respective deals for the Los Angeles Angels on Tuesday, as one city hopes to lure the team with a waterfront ballpark while the other plans to...
byTim Grobaty and Melissa EvansinCity
Several Downtown business owners said Frank Suryan Jr.’s involvement ups the chances of the Angels move—though most acknowledge the significant financial and regulatory hurdles that are still unresolved.
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