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

[AdventureHasAName]

I am referring to land that is currently held by the district

The district is not Disney. Disney does not own RCID's property; RCID does.

 

[chrisvee]

who gets RCID’s real property

 

[peter11435]

I wonder whether TWDC has standing here. Does a special district created by a special act of the legislature confer an inalienable right into perpetuity? Does TWDC, as a majority landowner in the RCID, have sufficient standing to argue a First or Fourteenth Amendment challenge?

The Reedy Creek act itself says the district will exist into perpetuity.

 

[AdventureHasAName]

DeSantis and his office vows that taxes aren't going to increase for any OC/OC resident. Reading between the lines here, to me that says they intend to negotiate a new district with the company with less favorable tax terms. They can't force that debt onto TWDC without giving them the district back and TWDC won't take the district back without terms that are favorable to them.

If what you say is accurate, why would TWDC take the district back at all? There's literally no "favorable" terms that would be worth a billion dollars (which is the outstanding bond debt).

 

[AdventureHasAName]

who gets RCID’s real property

Orange County

 

[peter11435]

The district is not Disney. Disney does not own RCID's property; RCID does.

I’m well aware of the distinction. But it’s a bit more complicated in this particular case.

 

[peter11435]

Orange County

And Osceola

 

[flynnibus]

How convenient not to mention a majority of democrats voted for the bill No only those evil Republicans

How Convenient? You need to go back and look at the S4c vote because you’re flat out wrong

 

[Disney Glimpses]

I was under the impression that RCID had land leases with TWDC and owned no real property.

 

[crawale]

govt stay out, please

Schools are the government.

 

[flynnibus]

Jumping back in to provide some info from the OC Tax Collector about “creating a new tax”, which is what many have suggested happen. It won’t.

Another interesting point is the cities vs the counties in the dissolution. The cities as they are were not defined prior to rcid… but in bills passed immediately after.

I’m wondering still if there are arguments for the dissolution of rcid to goto the cities instead of the underlying counties.

That would be interesting because it solves many of the discrepancies. It strips disney of it’s special status… the debts stay ‘in the family’… and there is less isolation.

Honestly I haven’t researched it - but you’d think this would be a good compromise .

 

[AdventureHasAName]

I was under the impression that RCID had land leases with TWDC and owned no real property.

The best I can find is that they own everything yellow on this map ...

https://s3.documentcloud.org/documents/21674549/rcid_city_owner2019.pdf

At the very least, we know they own the utilities power plant, the parking garages at Disney Springs, and some conservation land.

 

[flynnibus]

That's a huge part of my point.

Yes and why it’s a strawman. No one else is citing that as the source of injury claim but you.

A whole table of benefits was listed before. Check it out.

 

[Disney Glimpses]

The best I can find is that they own everything yellow on this map ...

https://s3.documentcloud.org/documents/21674549/rcid_city_owner2019.pdf

At the very least, we know they own the utilities power plant, the parking garages at Disney Springs, and some conservation land.

RCES is a subsidiary of TWDC - the power plants are owned by DPEP.

Interesting it says "& Board of Directors" - curious what the implications are there.

 

[JoeCamel]

I was under the impression that RCID had land leases with TWDC and owned no real property.

Just one of many

 

[Disney Glimpses]

Anything stopping RCID from selling all of their land to TWDC right now?

 

[englanddg]

Another interesting point is the cities vs the counties in the dissolution. The cities as they are were not defined prior to rcid… but in bills passed immediately after.

I’m wondering still if there are arguments for the dissolution of rcid to goto the cities instead of the underlying counties.

That would be interesting because it solves many of the discrepancies. It strips disney of it’s special status… the debts stay ‘in the family’… and there is less isolation.

Honestly I haven’t researched it - but you’d think this would be a good compromise .

Rick Fogleson appears to think so. His bona fides are in the article.

Bills to sunset Disney governing district floated in Special Session

But the bills do not address 'the real powers' held by cities of Bay Lake and Lake Buena Vista.

floridapolitics.com

 

[englanddg]

View attachment 634985
Just one of many

That's the solar plants, isn't it?

 

[thomas998]

Of course they wont dictate the solution, unless you think winning a lawsuit is actually the solution, then maybe it can be taken that way.
In what way did Disney “open a can of worms” as you put it. By voicing their opinion on something? Or am i not understanding what you mean? I hope its the latter because they are entitled to voice any opinion they want. Or should they have just shut up like another poster was saying earlier?

They might have had a chance at a lawsuit if the change only hit Disney but the removal of special privileges that just went through hits several different groups in the state.

As for voicing their opinion, yes that was a problem. It is a problem that no company should ever get involved in politics that have no impact on the company itself. If a state passes a law that directly impact the company, then sure go for it because it is expected that a company would support a tax break or be against a new tax on the company... but this wasn't a law that had anything to do with Disney. As such the smart thing for a company to do is shut up and let the people in the state decide what they want or don't want. 20 years ago that is exactly what Disney would have done - nothing. This time they decided to pander to a vocal minority and this is what it caused. Hopefully it will be an expensive lesson learned and Disney will stick to the business of them parks and entertainment and keep their nose out of places it doesn't belong.

 

[flynnibus]

One fact that is never learned by too many people that publicly speak is "Words are like bullets. Once they are out, you can't control the damage they do."

There is also another .. ‘no one is above the law’… something the new look GOP seem to think doesn’t apply go them