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The Orange County Register published an interesting opinion article on Sunday by Chapman University President James Doti and economist Esmael Adibi, a “running the numbers” economic impact analysis based on the Angels-Anaheim negotiation framework. It won’t be surprising if some of the usual suspects who assail the Angels negotiations during public comments try to use the Doti/Adibi article as ammunition to lambaste the council majority.

The trouble is the flawed nature of the analysis.  For example, it refers to “proposed lease terms,” when they are instead simply framework within which to negotiate proposed lease terms for the council’s consideration.

Or take this statement, for example:

“In addition, the city would rebate to the Angels sales and property taxes it would otherwise receive from the property and any future development.”

The problem with this statement is it is untrue. Nothing in the negotiation framework requires the city to surrender tax revenue from development on the stadium site. The framework is non-binding, for one thing. And that isn’t what it is, for another. This is the pertinent section:

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