Angels lease talks: Mayor insists team pays ‘market prices’ for stadium land
LA TimesAnaheim’s mayor says the Angels will have to pay the market rate for land around Angel Stadium. The Angels will have to pay market rate to buy or lease any of the land around Angel Stadium, the city’s mayor said Friday. The last round of negotiations between the city and team collapsed in part because of public protest over Anaheim’s offer to lease the land to Angels owner Arte Moreno for $1 per year. “I will insist that any land sales or leases be at market prices,” mayor Harry Sidhu said in an op-ed posted on the city website and printed in the Orange County Register, “reflecting ongoing baseball use, development we’re likely to see and any requirements we may ask for with the land.” Sidhu suggested the land could be used for a mix of homes, restaurants, shops, offices and hotels. Moreno, who is not related to the Angels’ owner, said he is “leaning” toward selling the stadium and surrounding land to the Angels, so the city can get out of the stadium business and the recurrent arguments about what constitutes a fair lease.