A date has finally been announced for Anaheim and Angels Baseball officials to discuss a possible new stadium lease and development of the surrounding property: Nov. 15.

It will be the first formal negotiation since the council agreed in January to undo the team’s opt-out notice, and it comes about six weeks before a Dec. 31 deadline.

Unless the two sides reach a deal or agree to a second extension by the end of the year, the Angels’ ability to opt out of the existing lease expires and they’re locked in under the current agreement at Anaheim’s stadium through 2029.

Anaheim City Manager Chris Zapata told the council about the Nov. 15 sit down during Tuesday’s, Nov. 5, council meeting.

But officials declined to say whether the Angels might come with a concrete, formal proposal or a collection of potential deal points.

City leaders have said a deal will likely include the sale or long-term lease of parking lots – Angel Stadium sits on 155 acres – for development of an entertainment destination with restaurants, shops, hotels and homes. That could help fund an overhaul of the stadium or construction of a new facility.

The city commissioned an appraisal of the stadium property, but has not made the results public.

“We are expecting to hear from the team about their vision for the future in Anaheim, and that would be the starting point for discussion going forward,” city spokesman Mike Lyster said of next week’s meeting, adding that it would be “premature” to discuss exactly what the talks may entail.

“We look forward to sitting down with the city next week,” Angels spokeswoman Marie Garvey said, but “we’re not going to characterize what’s going to happen in the meeting.”

Earlier this year, Long Beach officials reached out to the Angels in the hope that a possible new waterfront stadium would lure the team to their city, but team officials have recently said their focus is on Anaheim.

Lyster said negotiators for the city, including Mayor Harry Sidhu, and the team would likely meet a few times behind closed doors before a possible deal is brought to the full council.

In a prepared statement, Sidhu said he looks forward to the meeting and expects to share more details with the council and resident in coming weeks.

“We will be looking to an agreement that first benefits our residents and neighborhoods, and also works for the Angels and fans,” Sidhu said in the statement. “While the outcome is yet to be seen, we are confident about the opportunity ahead of us.”