{"id":187880,"date":"2026-02-21T20:37:09","date_gmt":"2026-02-21T20:37:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/187880\/"},"modified":"2026-02-21T20:37:09","modified_gmt":"2026-02-21T20:37:09","slug":"hearing-on-rodeo-39-loan-orange-county-tribune","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/187880\/","title":{"rendered":"Hearing on Rodeo 39 loan \u2013 ORANGE COUNTY TRIBUNE"},"content":{"rendered":"

Stanton<\/a><\/p>\n

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RODEO 39 food hall on Beach Boulevard in Stanton (Tribune photo).<\/p>\n

A public hearing to consider a report on a economic subsidy being paid to the operator of the Rodeo 39 Marketplace on Beach Boulevard is on the agenda for the Stanton City Council when it meets on Tuesday.<\/p>\n

In 2019 the city entered into a \u201cpublic benefit agreement\u201d with Rodeo 39 Public Market and Shops LLC. That agreement called for a $2.25 million loan, which the developer would repay through a tax-sharing agreement from Oct. 1, 2022 through Oct. 1, 2030.<\/p>\n

The developer would receive a credit equal to 50 percent of the tax revenue generated by Rodeo 39 \u2013 a popular food hall \u2013 and two stand-alone eateries, Raising Cane\u2019s (a \u201chot chicken\u201d fast food restaurant) and an In-N-Out hamburger restaurant.<\/p>\n

The subsidy was in part assistance to the developer because of economic impact of the coronavirus epidemic.<\/p>\n

Also on Tuesday, the council will hold a discussion to review the city\u2019s existing parking permit program and guidelines.
The council will meet in City Hall, 7800 Katella Ave., at 6:30 p.m.<\/p>\n

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