News Reedy Creek Improvement District and the Central Florida Tourism Oversight District

[MandaM]

OK. In any event, not to worry, Orange and Osceola counties will take care of it.....

But that would be DeSantis’ fault, not Disney’s.

 

[Sirwalterraleigh]

Yes because RCID is going to be dissolved, Disney wins again.

…maybe.

There’s no doubt that orange and Osceola would be royally screwed…but Disney responses could also hurt them. We probably will never find out.

 

[Sirwalterraleigh]

What specifically are you referring to here?

What’s being called the worst gerrymandered redistricting map in US history…Friday afternoon after this.

The Press always goes for the shiny object.

I won’t go onto deeper political detail. To attempt to keep this completely political discussion just on Disney/reedy

 

[peter11435]

What’s being called the worst gerrymandered redistricting map in US history…Friday afternoon after this.

The Press always goes for the shiny object.

I won’t go onto deeper political detail. To attempt to keep this completely political discussion just on Disney/reedy

yep. Keeping that out of the media spotlight was one of the factors driving this legislation

 

[Sirwalterraleigh]

Yes, Reedy Creek should not have been dissolved, at least not for this specific reason.

An argument could be made that RCID no longer serves the purpose it was intended to.

As I recall, one of the drivers behind RCID was Walt’s Experimental Prototype City Of Tomorrow, which never was built.

Another was that the then small county of Orlando could not handle a project of this size. The Orlando County budget is now over $5 billion and they now are capable of handling future Disney projects.

IMO, RCID is no longer needed for its original purpose but this is not a reason to eliminate it and shift its responsibilities to Orlando County.

Another possible reason is that RCID provides Disney with a competitive advantage. But over the last decade, Universal has shown itself to be more nimble than Disney, and Universal goes through Orlando County.

Maybe there is a good reason to eliminate RCID, but cannot think of it.

The reality is you don’t have the non-gambling entertainment Mecca on I-4 without the RCID…all development fanned out from there…all of it.

So what good is it to analyze it now? You can’t fix what isn’t broken except for politics/semantics

 

[Sirwalterraleigh]

yep. Keeping that out of the media spotlight was one of the factors driving this legislation

Probably 70%

The other 30% was “lib owning”

And of course 101% about money…in the end

 

[lazyboy97o]

Yes, Reedy Creek should not have been dissolved, at least not for this specific reason.

An argument could be made that RCID no longer serves the purpose it was intended to.

As I recall, one of the drivers behind RCID was Walt’s Experimental Prototype City Of Tomorrow, which never was built.

Another was that the then small county of Orlando could not handle a project of this size. The Orlando County budget is now over $5 billion and they now are capable of handling future Disney projects.

IMO, RCID is no longer needed for its original purpose but this is not a reason to eliminate it and shift its responsibilities to Orlando County.

Another possible reason is that RCID provides Disney with a competitive advantage. But over the last decade, Universal has shown itself to be more nimble than Disney, and Universal goes through Orlando County.

Maybe there is a good reason to eliminate RCID, but cannot think of it.

Both the original legislation and Florida Supreme Court ruling focus on developing tourism, not building a city. Even as a city, EPCOT was understood as a tourist attraction.

The county building the infrastructure is not just an issue of ability but cost. The District places costs for construction and maintenance entirely on Disney. No need for deals.

What is this big competitive advantage over the other parks? Universal getting taxpayers to help foot the bill for roads seems like an advantage to them.

 

[Chip Chipperson]

Yes, Reedy Creek should not have been dissolved, at least not for this specific reason.

An argument could be made that RCID no longer serves the purpose it was intended to.

As I recall, one of the drivers behind RCID was Walt’s Experimental Prototype City Of Tomorrow, which never was built.

Another was that the then small county of Orlando could not handle a project of this size. The Orlando County budget is now over $5 billion and they now are capable of handling future Disney projects.

IMO, RCID is no longer needed for its original purpose but this is not a reason to eliminate it and shift its responsibilities to Orlando County.

Another possible reason is that RCID provides Disney with a competitive advantage. But over the last decade, Universal has shown itself to be more nimble than Disney, and Universal goes through Orlando County.

Maybe there is a good reason to eliminate RCID, but cannot think of it.

I can't even buy the argument that it should be dissolved because EPCOT as a city wasn't built. If anything, what exists now is likely much more complex and requires even more infrastructure (and the maintenance and upgrades that go along with it) than EPCOT would have as a community. To me (and others may disagree and that's fine), that just amplifies the need to maintain RCID. Whether that was by design or not, I can't say on way or the other.

 

[mmascari]

Orlando County taxes are due March 31, so not quite a full year to figure something out.

Assuming nothing changes, since everyone who will be responsible if nothing changes has to assume that's what is going to happen.

How long does it take to implement changing services? Just the mechanics of making the change. Say the fire department. Assuming no people or any infrastructure are changed, only the controlling entity. At a minimum payroll and benefits need to be transitioned from RCID to some new entity. Just implementing that change takes time.

How long does it take to plan that implementation? How to figure out how to onboard all the people, how to "fire" them from the prior entity, any differences in benefits and pay. How many are going to stay, how many go, will there still be enough to run the services.

Take those two times, but make them much larger since it will also require a full inventory of services transitioning and determining what to keep, what overlaps, and how to merge them in.

Now, subtract all that time from the dissolution date that is the current law. That's your new drop dead date to have some other hypothetical solution that doesn't need all those things done.


Having been involved in corporate mergers more than once, I can tell you those issues are substantial even when everyone wants the same thing.

There's nowhere near a year from now until the impacts start.

Bonus, if they assume it's not happening and then it does, it'll be a total catastrophe. The kind where people don't get paid, services fail, and people are hurt.

 

[mmascari]

That's like saying the only reason to get a credit card or a mortgage is to not have to pay for your purchases.

Wait, can I get a Disney Visa with that plan to pay for my trip?

Is that an option? Open a new Disney Visa, use it to pay for the trip (VIP passes for all), then just walk away from the bill.

WooHooooo, no lines here we come!

 

[lazyboy97o]

Having been involved in corporate mergers more than once, I can tell you those issues are substantial even when everyone wants the same thing.

Like what kind of space you want at the ride the company you are merging with is building at Walt Disney World. The entrance to Space 220 was supposed to be a conference and demonstration space that was added late to the project for Compaq but then abandoned before completion by HP when they ended up in charge.

 

[Archie123]

Wait, can I get a Disney Visa with that plan to pay for my trip?

Is that an option? Open a new Disney Visa, use it to pay for the trip (VIP passes for all), then just walk away from the bill.

WooHooooo, no lines here we come!

You basically described what many Americans do.

 

[mmascari]

Like what kind of space you want at the ride the company you are merging with is building at Walt Disney World. The entrance to Space 220 was supposed to be a conference and demonstration space that was added late to the project for Compaq but then abandoned before completion by HP when they ended up in charge.

In my cases, they were more personal. Along the lines of "are you still going to pay me" and "is my desk moving 500 miles".

The first time the answers were Yes and No.
The second time the answers were Yes and No at first, and then became No and "there is no desk". My subsequent employer after was happy to solve those for me.

Space 220 is a traumatic topic. I forgot to check on a reservation right at 60 days. Now it just mocks me with"Sorry! There are no times available between 4:00 PM and 8:40 PM.".

 

[GoofGoof]

Morgan Stanley?? Chase bought them about 20 years ago.

You talking about Diamond Jamie?!!

He’s take more sweet blue dem dollars of the years than anyone…similar to the disgraced real estate king of queens.

I wasn’t really talking about anyone in particular. Fill in any bank on Wall Street. I think you are thinking of JP Morgan merging with Chase.

 

[Sirwalterraleigh]

Both the original legislation and Florida Supreme Court ruling focus on developing tourism, not building a city. Even as a city, EPCOT was understood as a tourist attraction.

The county building the infrastructure is not just an issue of ability but cost. The District places costs for construction and maintenance entirely on Disney. No need for deals.

What is this big competitive advantage over the other parks? Universal getting taxpayers to help foot the bill for roads seems like an advantage to them.

Correct…and RCID - Disney - having sole negotiating control/power on infrastructure actually saves the counties money on the whole. They get shared cost on tie ins…

There is/was the Osceola parkway exception…but you cAnt win em all

 

[MandaM]

In my cases, they were more personal. Along the lines of "are you still going to pay me" and "is my desk moving 500 miles".

The first time the answers were Yes and No.
The second time the answers were Yes and No at first, and then became No and "there is no desk". My subsequent employer after was happy to solve those for me.

Space 220 is a traumatic topic. I forgot to check on a reservation right at 60 days. Now it just mocks me with"Sorry! There are no times available between 4:00 PM and 8:40 PM.".

Have you tried one of the paid ADR finders? I had to use one for the first time for a last minute trip, and it worked like a charm. I got countless hits for Space 220.

 

[Sirwalterraleigh]

I wasn’t really talking about anyone in particular. Fill in any bank on Wall Street. I think you are thinking of JP Morgan merging with Chase.

You know…you had to remind me that Morgan Stanley still existed

Totally forgot. Morgan Stanley was started with seed money from Granddad JP Morgan…but that was long ago

 

[Sirwalterraleigh]

Have you tried one of the paid ADR finders? I had to use one for the first time for a last minute trip, and it worked like a charm. I got countless hits for Space 220.

I actually did for the first time for that…coming up zeros so far

 

[mmascari]

I think this is largely a political stunt and the most likely outcome is the special district remains since it’s actually a benefit to both Disney (the largest employer in the state) and the residents of FL or specifically Orange County. They may dissolve RCID and then replace it with another special district but the outcome will be largely the same, again just a stunt.

There's switching costs to a replacement.

If that switching cost ends up coming from Disney or RCID, they're going to want something for that cost in whatever negotiations they have any power in.

There's switching costs to the current plan too, largely to the county to absorb the district. Those costs and presumed desires to avoid them weaken the county's negotiation position.

It would be the definition of ironic if RCID is replaced by something that's more advantageous to Disney as a result of eliminating the current district and replacing it with something else instead.

 

[Sirwalterraleigh]

In my cases, they were more personal. Along the lines of "are you still going to pay me" and "is my desk moving 500 miles".

The first time the answers were Yes and No.
The second time the answers were Yes and No at first, and then became No and "there is no desk". My subsequent employer after was happy to solve those for me.

Space 220 is a traumatic topic. I forgot to check on a reservation right at 60 days. Now it just mocks me with"Sorry! There are no times available between 4:00 PM and 8:40 PM.".

It’s the same at 60 days…there’s that “plus length of stay” backdooring clogging going on with travel agents. The place is “no times” at 5:57 am within a second of the days reservations going live.

I hear that many Dump it (makes sense…it’s a fortune) in the 7 days prior. Hope that helps