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

[Tha Realest]

Their arguments didn't prevail - but good attempt at the victory lap. Too bad you tripped on turn 1

The CFTOD state lawsuit sought to invalidate the agreements entered into between the RCID and Disney. By operation of the settlement, those agreements are null and void. The RCID was not reconstituted, and CFTOD exists. The federal case has been dismissed.

 

[Disney Glimpses]

Unless I’m missing something here…they lost those development agreements…for all intents and purposes?

They did but new agreements are under negotiation with direct participation from Disney. I suspect the new board is going to seek some major commitments (DeSantis just hinted at them doing so regarding a 5th gate).

 

[flynnibus]

The development agreement locked in the development regulations that were based on the comprehensive plan. The development agreement did not change processes, it prevented them from being changed. Now they can be changed.

ERGO - how it changed the process. It changed who had approvals and locked in the expectations through contract - all in addition (or an overlay as I put it) to the legislative established process. AKA it changed the process of how things could happen.

 

[Sirwalterraleigh]

I have thoughts on how Disney sees this as a win but they’re off topic.

…that never stops anybody

 

[Disstevefan1]

TWDC had a sweet deal with Florida that both TWDC and RCID enjoyed for over 50 years.

That's gone now.

My hope is TWDC can move on and make WDW the best vacation location in the world.

Universal Orlando is building like mad and they never had any special deals.

 

[Sirwalterraleigh]

Yep. I take it as a bit of a swipe. A lot of the basis for the State's action was speculated/discussed to be because of the fact Disney entered into the political realm and had no business in telling the State what it should or should not do by way of governing. I'm not making a case either for or against. Simply stating the rationale and prevailing thought.

Now DeSantis wants to express his thoughts by entering the Theme Park realm and giving Disney pointers on how to combat Uni's expansion.

You’re not on target here, Red Five…

Today’s announcements changes nothing of the actual factual record of what has occurred. It’s not a football game with a scoreboard

 

[Dranth]

The comprehensive plan is not like the developer agreement that was in contention here. The Comprehensive Plan is the outline of the development and land management of the property for a period of time. It is not untouchable, nor immune for regular modifications and or exceptions. There is no basis to sue over the board just doing normal board things.

The developer agreement on the other hand was a modification (through overlay) to the process to constrain changes and who would have to consent to them. That was tight, and why it was such a point of contention.

The Comprehensive Plan is more like long term planning for zoning, development, and land management. A framework.. an outline. It's more of a hurdle to do things if it conflicts with an ask, it's not necessarily a commitment to do anything.

I don't subscribe at all to Disney can somehow reneg on a settlement agreement for the board failing to meet secret objectives that are not on paper with the public government.

"Concerning a federal court case Disney filed, which is currently on appeal, both parties will seek to defer briefing on the appeal while negotiating a new development agreement."

The above is from the front page article and I read that as Disney can walk away if they don't like what is put in front of them. In that case, there doesn't need to be any secret objectives on or off paper, they can back out for any reason at all.

 

[Sirwalterraleigh]

"Concerning a federal court case Disney filed, which is currently on appeal, both parties will seek to defer briefing on the appeal while negotiating a new development agreement."

The above is from the front page article and I read that as Disney can walk away if they don't like what is put in front of them. In that case, there doesn't need to be any secret objectives on or off paper, they can back out for any reason at all.

Ahhh…yes…that’s the bargaining chip. I hope it’s enough?

 

[Sirwalterraleigh]

They did but new agreements are under negotiation with direct participation from Disney. I suspect the new board is going to seek some major commitments (DeSantis just hinted at them doing so regarding a 5th gate).

I’m sure Comcast loved that statement

But this could he manipulated well by Tallahassee if they see the potential…

“We’ll give you a direct transportation service from MCO to a spot of your choosing…what are you gonna build for out sales tax engine to burn?”

 

[Tha Realest]

I didn’t see anything in the bullet points indicating those agreements won’t be voided or challenged…it’s not there

• The development agreement and restrictive covenants previously under lawsuit are to be considered null and void.
• Disney will not challenge the district's view that certain comprehensive plans and land development regulations adopted in January of the previous year are invalid, recognizing the 2020 Comprehensive Plan as the current operative plan.

 

["El Gran Magnifico"]

Today’s announcements changes nothing of the actual factual record of what has occurred. It’s not a football game with a scoreboard

My main point is that this is a football game that nobody will remember 5 years from now. It's akin to the 1994 Vikings v Patriots game.

 

[Sirwalterraleigh]

TWDC had a sweet deal with Florida that both TWDC and RCID enjoyed for over 50 years.

That's gone now.

My hope is TWDC can move in and make WDW the best vacation location in the world.

Universal Orlando is building like mad and they never had any special deals.

Oh they get perks too…especially since Disney made a lot of insistences for kickbacks in the 90’s, 00’s

 

[Sirwalterraleigh]

My main point is that this is a football game that nobody will remember 5 years from now. It's akin to the 1994 Vikings v Patriots game.

…I Remember that game

 

[lazyboy97o]

"Concerning a federal court case Disney filed, which is currently on appeal, both parties will seek to defer briefing on the appeal while negotiating a new development agreement."

The above is from the front page article and I read that as Disney can walk away if they don't like what is put in front of them. In that case, there doesn't need to be any secret objectives on or off paper, they can back out for any reason at all.

Which has no immediate results or protections.

 

[Chi84]

My main point is that this is a football game that nobody will remember 5 years from now. It's akin to the 1994 Vikings v Patriots game.

This is done, except maybe for this thread.

 

[tissandtully]

So half us here KNEW this day would come and we KNEW it would end like this. The other half swore up and down that Disney had the legal and MORAL high ground and that their spectacularly powerful legal army would crush the State of Florida and make it regret the day it ever challenged Disney and it's RCID government.

RCID,...and the "self-dealing" way it was originally crafted, was a bad idea from day one and Florida rightfully changed it to a better and more "normal" special taxing district configuration.

I'm guessing the Disney and RCID financial investigations by the State Investigator General will also stop now? Or, will that part continue??

Yeah,...this ending is a ZERO surprise to half of us here.

lol it’s funny how people can contort themselves on this

 

[tissandtully]

So after all this "stick it to the mouse" he wants them to build another park. Lol.

That’s a long walk from “Florida would be fine without Disney, people come here for the beaches” (paraphrasing)

 

[Sirwalterraleigh]

This is done, except maybe for this thread.

Not entirely…the development agreements are still a big one

Still can’t believe they lost reedy creek though.

Roy would have launched a proxy war for that alone

 

[Tha Realest]

That’s a long walk from “Florida would be fine without Disney, people come here for the beaches” (paraphrasing)

Whatever happened to the guy that wanted WDW to move to NC?

 

[Dranth]

Ahhh…yes…that’s the bargaining chip. I hope it’s enough?

Depends.

I doubt the state wants discovery to continue as they have gone out of their way to avoid that at all costs. I also doubt they want to risk yet another reversal on an appeal of which there have been a lot recently. Disney on the other hand just wants to get something resembling normalcy again as this whole thing is plain bad for business.

So, from my point I view, they both seem to have plenty of motive to play nice for now but we'll find out soon enough.