Beginning in the early 1990s, the City of Anaheim developed plans to improve the Anaheim Resort Area (ARA), an area comprised of 14,000 hotel rooms, the Anaheim Convention Center, and Disneyland. The area suffered from infrastructure deficiencies, and the Convention Center required improvements to maintain its market share. At the same time, Disney proposed the construction of a second southern California theme park and requested financial participation from the City to help fund needed infrastructure. EPS's fiscal and financial analysis assured the City it could achieve its redevelopment objectives without risk to the General Fund. In October 1996 the City Council approved a Finance Agreement that provided for the issuance of debt to be repaid by a share of new incremental tax revenues. The Resort Area improvements were completed, Disney's Grand California adventure opened as scheduled, and the City has maintained its fiscal balance and service levels.