UC Irvine economics professor Amihai Glazer wondered why the city just went with the appraisal and didn’t ask for competitive bids for the property’s purchase. That might give a better idea of how much the land is worth, and another developer might have different ideas of what to build. The mayor and City Council majority have been adamant keeping the team in town is a priority.

For the full story, please visit https://www.ocregister.com/2019/12/17/angel-stadium-property-and-sale-are-complicated-to-assess/.

 

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