Sir_Cliff
Well-Known Member
I think the last point in the message you quoted was the most relevant.There would be no legal way for Disney to be responsible for paying the bonds directly. They either stay with RCID, possibly transfer to a newly created district or possibly they transfer to the counties. Dissolving a municipality cannot result in a single taxpayer having the burden of the municipality’s debt.
People just won't hear if the debt ends up being transferred to Orange County or a new district. Maybe those directly effected by this and who opposed it will, but those who support it will hear an entirely different story about how DeSantis stuck it to Disney for being woke and Disney now doesn't get special treatment. This is why I have no faith there will be a best possible outcome in this case: the actual outcome in dollar and cents terms basically doesn't matter for those in charge of setting policy in Florida.