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Disneyland To Open Sept. 16th?

Darkbeer1

Well-Known Member
I will take Darkbeers silence as confirmation that Disneyland is opening on 9/16

HA-HA!

A couple of weeks ago I stated there might be some minor movement, and someone else shared that the State was actually listening to those in the Theme/Amusement Park business.

But I can't comment, say yes, no, maybe, etc.

I am happy to share that Boomers Irvine's outdoor attractions are open. Sad to say that our yearly investment income from the Irvine Recreation Park partnership will be a tax loss instead this year. But not too bad. We are in decent shape going forward, ready to open Irvine Lanes when allowed. We loss the Karaoke tenant, but the new Boomers Irvine owner is interested in renting the space.

As for Disney, they have their spokespeople who can address the September 16th date.
 

Askimosita

Well-Known Member
In the Parks
Yes
HA-HA!

A couple of weeks ago I stated there might be some minor movement, and someone else shared that the State was actually listening to those in the Theme/Amusement Park business.

But I can't comment, say yes, no, maybe, etc.

I am happy to share that Boomers Irvine's outdoor attractions are open. Sad to say that our yearly investment income from the Irvine Recreation Park partnership will be a tax loss instead this year. But not too bad. We are in decent shape going forward, ready to open Irvine Lanes when allowed. We loss the Karaoke tenant, but the new Boomers Irvine owner is interested in renting the space.

As for Disney, they have their spokespeople who can address the September 16th date.

I’ve been waiting for you to say something ALLLL day, Darkbeer, and this doesn’t disappoint. You’re probably laughing at us all with the knowledge you hold and the fools (Or geniuses) you think we are 😂 I’ve been drawing on the walls trying to connect dots LOL
 

Darkbeer1

Well-Known Member
I’ve been waiting for you to say something ALLLL day, Darkbeer, and this doesn’t disappoint. You’re probably laughing at us all with the knowledge you hold and the fools (Or geniuses) you think we are 😂 I’ve been drawing on the walls trying to connect dots LOL
It has been fun reading this thread.

But dealing a lot regarding Anaheim politics, and all that stuff.

I will leave you with a thought.

If California's Proposition 15 passes, that means all commercial property will have to be reassessed. Now, for all the newer projects, no big deal.

But the rule has been (simplified), if no change of ownership, you keep the original purchase price, plus a 2% increase each year. Any type of improvement to the property, such as an new building, an expansion, etc, that portion of the property gets a new valuation. Some things, like ADA improvements, cosmetic improvements, basic maintenance and repairs and exempt.

If passed, all properties will be reassessed. How many Hotel/Motel owners in the Anaheim Resort have not done much? I can think of a few, Candy Cane Inn for example. Pretty much just cosmetic stuff for decades. What will happen to that family?

So you might actually see some ownership changes if it passes.
 

Tamandua

Well-Known Member
It has been fun reading this thread.

But dealing a lot regarding Anaheim politics, and all that stuff.

I will leave you with a thought.

If California's Proposition 15 passes, that means all commercial property will have to be reassessed. Now, for all the newer projects, no big deal.

But the rule has been (simplified), if no change of ownership, you keep the original purchase price, plus a 2% increase each year. Any type of improvement to the property, such as an new building, an expansion, etc, that portion of the property gets a new valuation. Some things, like ADA improvements, cosmetic improvements, basic maintenance and repairs and exempt.

If passed, all properties will be reassessed. How many Hotel/Motel owners in the Anaheim Resort have not done much? I can think of a few, Candy Cane Inn for example. Pretty much just cosmetic stuff for decades. What will happen to that family?

So you might actually see some ownership changes if it passes.

California is a mess when it comes to things like this. Voters never seem to understand tax initiatives. This is the state that overwhelmingly voted to keep the gas tax then overwhelmingly complained about it later when gas prices skyrocketed. I wish the public had a better understanding of the repercussions of tax propositions. If they repeal prop 13, I think my family will move out of state as we'll effectively be taxed out of our own home that's been in the family since the 50s.
 

Askimosita

Well-Known Member
In the Parks
Yes
California is a mess when it comes to things like this. Voters never seem to understand tax initiatives. This is the state that overwhelmingly voted to keep the gas tax then overwhelmingly complained about it later when gas prices skyrocketed. I wish the public had a better understanding of the repercussions of tax propositions. If they repeal prop 13, I think my family will move out of state as we'll effectively be taxed out of our own home that's been in the family since the 50s.

I wish there was more education. Lots of political fluff, but not enough “this is what ACTUALLY happens if you vote this way vs. vote against it”. Your vote could actually cost someone their livelihood sometimes. Do people even know what they are voting for when they go in the booth? Actually, don’t answer that, I don’t want this thread to go........political......*shudder*. But anyway, I’d be down if there was more PSAs about this stuff.
 

Askimosita

Well-Known Member
In the Parks
Yes
SeaWorld is now teasing on their facebook page that Big News is coming soon. They may just be opening with Animals and maybe shows, but I would be ok with that.

Well, officials have officially cleared Sea World San Diego to open.... as a zoo. I hope this is step one and we get more guidance next week when Newsom offers more. I wonder if there is a standstill on amusement park guidelines and parks desperate for some income are getting ready to open in a modified way, similar to Knott’s and Six Flags Discovery Kingdom. I’m surprised Sea World is just NOW doing this since zoos were welcome to open a while ago.
 

DisneyDrum

Well-Known Member
California is a mess when it comes to things like this. Voters never seem to understand tax initiatives. This is the state that overwhelmingly voted to keep the gas tax then overwhelmingly complained about it later when gas prices skyrocketed. I wish the public had a better understanding of the repercussions of tax propositions. If they repeal prop 13, I think my family will move out of state as we'll effectively be taxed out of our own home that's been in the family since the 50s.

But the current proposition for this election is just removing commercial properties from prop 13, right? I agree it's important to understand tax initiatives, but I don't think the current effort is a complete prop 13 repeal.

Thanks for the comments @Darkbeer1, the impact on the family-owned hotels in Anaheim will be interesting.
 

Tamandua

Well-Known Member
But the current proposition for this election is just removing commercial properties from prop 13, right? I agree it's important to understand tax initiatives, but I don't think the current effort is a complete prop 13 repeal.

Thanks for the comments @Darkbeer1, the impact on the family-owned hotels in Anaheim will be interesting.

They've been trying to repeal it for many years. I guess this time they're trying to do it piecemeal by going after commercial properties first, but there's no doubt that residential homes will be next. It will certainly have a negative impact if they do it for commercial properties. The problem is that voters don't connect negative results with the policies they voted for, so no one ever learns any lessons. The California public sector has grown so enormous that they have to find new sources of tax revenue constantly... But even when they fail at the state level, they are typically bailed out by the federal government, so no lessons are learned there either. I've known a lot of people who have left the state. People are leaving now in huge numbers. I hear "California is a sinking ship" from a lot of people, and it certainly feels like it. I hope to move in the next few years anyways, because I don't think the system is sustainable when there's no political accountability.
 

westie

Well-Known Member
Original Poster
Disney's gotta earn money somehow. Generating interest on hotel deposit money is their new game.
If you cancel with less than 1 day of your reservation they keep your funds otherwise it's a $200. cost if less than 30 days notice. I really don't see this as generating any significant revenue. Most people are smarter than that. The mother-in-law had to cancel with a days notice and Disney was very amicable to rescheduling her trip.
 

Disney Irish

Premium Member
It has been fun reading this thread.

But dealing a lot regarding Anaheim politics, and all that stuff.

I will leave you with a thought.

If California's Proposition 15 passes, that means all commercial property will have to be reassessed. Now, for all the newer projects, no big deal.

But the rule has been (simplified), if no change of ownership, you keep the original purchase price, plus a 2% increase each year. Any type of improvement to the property, such as an new building, an expansion, etc, that portion of the property gets a new valuation. Some things, like ADA improvements, cosmetic improvements, basic maintenance and repairs and exempt.

If passed, all properties will be reassessed. How many Hotel/Motel owners in the Anaheim Resort have not done much? I can think of a few, Candy Cane Inn for example. Pretty much just cosmetic stuff for decades. What will happen to that family?

So you might actually see some ownership changes if it passes.

All prime real estate in and around Harbor. The thought experiments are very interesting about the future of the Resort District....
 

cmwade77

Well-Known Member
But the current proposition for this election is just removing commercial properties from prop 13, right? I agree it's important to understand tax initiatives, but I don't think the current effort is a complete prop 13 repeal.

Thanks for the comments @Darkbeer1, the impact on the family-owned hotels in Anaheim will be interesting.
Umm, kind of, they sneak a lot in as "commercial" and I wouldn't be surprised if this prop redefined say condos as commercial property. Now unless I have a compelling reason otherwise, I simply vote NO on all props.
 

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