Disney wants to invest $1 billion in Anaheim in exchange for 30-year ban on new admission taxes

Posted Friday, June 26, 2015 9:42 AM | Contributed by Jeff

The Walt Disney Co. is seriously considering a $1 billion-plus expansion of the Disneyland Resort with new attractions, a new parking structure with at least 5,000 spots and other improvements to the massive theme park complex. In exchange for the investment, Disney wants the city of Anaheim to forgo a tax on theme park admission tickets for another 30 years, according to a public notice published Thursday by the city.

Read more from The Orange County Register.

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