Anaheim City Council OKs Disneyland's 40-Year $1.9B Expansion Plan; Final Vote Next Month – Update [Yahoo! Finance]
Walt Disney Company (The) (DIS)
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Source: Yahoo! Finance
The 7-0 vote came early today after an eight-hour public hearing that started Tuesday night, during which Anaheim residents, Disneyland cast members and officials from nearby cities spoke about the plan's advantages and problems. More from Deadline Disneyland Cast Members Take Step Toward Joining Actors' Equity; Union Files Election Petition Bob Iger Reveals First Look At ‘Avatar' Area At Disneyland, Says The Idea That Disney Is Letting NBCU's Epic Universe Invade Its Orlando Turf “Couldn't Be Further From The Truth” Game On! Top Congressmen Want Disney, Fox & Warner Bros Discovery CEOs To Spill Details On Joint Sports Streaming Service The proposal heads for a final City Council vote on May 7. The plan would be subject to land-use modifications to pave the way for the project to be begin 30 days later. As part of the deal, Disney will pay $40 million to buy from the city three roadways around the resort: Magic Way, Hotel Way and a part of Clementine Street. RELATED: Dis
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- 2/7/24 - Beat
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