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

[drnilescrane]

"Central Florida Tourism Oversight District"

 

[mmascari]

provides boundaries;

So, who is going to read through the new boundary descriptions and tell us what was added or removed from the district?

Looks like 78 pages of text describing the boundaries.

 

[flynnibus]

hehe

" The following persons are ineligible to serve on the
2230 board:
2231 1. Any person who, within the past 3 years, has been an
2232 officer, owner, director, employee, agent, contractor, or
2233 subcontractor of, or has had a contractual relationship with a
2234 business entity that owns or operates a theme park or
2235 entertainment complex as defined in s. 509.013(9), Florida
2236 Statutes, or a parent company, subsidiary, or sibling
2237 organization under common ownership or control with a business
2238 entity that owns or operates a theme park or entertainment
2239 complex.
2240 2. Any relative as defined in s. 112.3143, Florida
2241 Statutes, of a person ineligible under subparagraph 1."

 

[Sirwalterraleigh]

As stupid as expected

…they don’t disappoint in ‘Merica…do they?

 

[flynnibus]

bonds to pay off bonds!

"(17) Issuance of bonds.—To issue general obligation bonds, revenue bonds, assessment bonds, or any other bonds or obligations authorized by the provisions of this act or any other applicable law, or any combination of the foregoing, to pay all or part of the cost of the acquisition, construction, reconstruction, extension, repair, improvement, maintenance, or operation of any project or combination of projects, to provide for any facility, service, or other activity of the district, and to provide for the retirement or refunding of any bonds or obligations of the district, or for any combination of the foregoing purposes."

 

[Gringrinngghost]

Aged like milk.

 

[flynnibus]

look at this insane catch-all...

2628 (18) Ancillary powers.—To own, acquire, construct,
2629 reconstruct, equip, operate, maintain, extend, and improve such
2630 other projects as the board of supervisors may in its discretion
2631 find necessary, or that are otherwise authorized by general law
2632 or this act, to accomplish the purposes of this act, and to
2633 exercise through its board of supervisors all powers necessary,
2634 convenient, or proper to carry out the purposes of this act.

 

[drnilescrane]

It's funny how often and specifically the Bill talks about charging for parking... looks like we're paying off that bond debt by parking at Disney Springs!

Clearly the intent here is to appoint a board that will make Disney's life about as easy as operating a theme park in Anaheim.

 

[Surferboy567]

look at this insane catch-all...

2628 (18) Ancillary powers.—To own, acquire, construct,
2629 reconstruct, equip, operate, maintain, extend, and improve such
2630 other projects as the board of supervisors may in its discretion
2631 find necessary, or that are otherwise authorized by general law
2632 or this act, to accomplish the purposes of this act, and to
2633 exercise through its board of supervisors all powers necessary,
2634 convenient, or proper to carry out the purposes of this act.

Can you explain this in more general terms? Is this basically saying the board of supervisors (I assume the state board) can change projects based on their discretion. Isn’t that illegal to have the property owner change something because a state run board said so?

EDIT: Can they be forced to tear down Dumbo (for example) because the board said so?

 

[flynnibus]

And here.. we get to stick it to Disney ...

2816 Section 15. Mandatory use of certain district facilities
2817 and services.—The district may require all lands, buildings, and
2818 premises, and all persons, firms, and corporations, within the
2819 district or within any zone or area within the district created
2820 for such purpose, to use the drainage and reclamation
2821 facilities, flood control facilities, water and sewer systems,
2822 and waste collection and disposal systems of the district.

 

[Sirwalterraleigh]

look at this insane catch-all...

2628 (18) Ancillary powers.—To own, acquire, construct,
2629 reconstruct, equip, operate, maintain, extend, and improve such
2630 other projects as the board of supervisors may in its discretion
2631 find necessary, or that are otherwise authorized by general law
2632 or this act, to accomplish the purposes of this act, and to
2633 exercise through its board of supervisors all powers necessary,
2634 convenient, or proper to carry out the purposes of this act.

I just skimmed it…but it appears to be 100% USDA …

Call the lawyers

 

[Vegas Disney Fan]

So, who is going to read through the new boundary descriptions and tell us what was added or removed from the district?

Looks like 78 pages of text describing the boundaries.

78 pages of legal jargon… I’ll wait for the movie.

I wonder which YouTube channel will get their summary up first.

 

[flynnibus]

basically they can set their fees to whatever the board wants... only requirement is a public hearing and 'equitable' use of classes. But no ties to other state commissions, oversights, or equivalences... for these mandatory services, that you aren't allowed to build alternatives for within the district...

2884 (3) Such rates, fees, rentals, fares, and other charges
2885 shall be just, equitable, and uniform for users of the same
2886 class and, where appropriate, may be based or computed either
2887 upon the amount of service furnished or upon the number or
2888 average number of persons residing or working or otherwise
2889 occupying the premises served, or upon any other factor
2890 affecting the use of the facilities furnished, or upon any
2891 combination of the foregoing factors, as may be determined by
2892 the board of supervisors on an equitable basis.

Otherwise known as... 'here is how we stick it to them'

 

[MR.Dis]

Just like I posted, the bill will replace the current board with a 5 member board appointed by the Governor. What is a little surprising that the board members cannot be employees of a theme park (i.e. no Disney employees will be allowed to serve on the board). Further it states there will be a chief administrator, but there is no statement regarding if the administrator can or can not be theme park employee. Now the fun begins. Will Disney try to fight or just accept. Let the games begin.

 

[Surferboy567]

I just skimmed it…but it appears to be 100% USDA …

Call the lawyers

If this is the correct understanding:

Can you explain this in more general terms? Is this basically saying the board of supervisors (I assume the state board) can change projects based on their discretion. Isn’t that illegal to have the property owner change something because a state run board said so?

EDIT: Can they be forced to tear down Dumbo (for example) because the board said so?

They MUST sue.

 

[Sirwalterraleigh]

Can you explain this in more general terms? Is this basically saying the board of supervisors (I assume the state board) can change projects based on their discretion. Isn’t that illegal to have the property owner change something because a state run board said so?

EDIT: Can they be forced to tear down Dumbo (for example) because the board said so?

It’s politics

It’s written for the pols to use it to fundraise…which was the point from day 1

“We brought wussy Disney it’s knees…now donate to ma PAC”

I’ll just say it…it will be edited. I don’t care. This was the point since day one…they created a circus for attention, chapek was drawn into it (he had no real choice), and now they’re exploiting the big name for gain.

That’s what’s going on here and everyone knows it. Who’s zooming who?

We’ll all end up losing (customers)…so will the state and the locals. Watch it play.

 

[flynnibus]

Screw you.. we're autonomous!

2997 district. Subject to the limitations of and as may be otherwise
2998 required in this section and in section 14, it shall not be
2999 necessary for the district to obtain any certificate of
3000 convenience or necessity, franchise, license, permit, or other
3001 authorization from any bureau, board, commission, or like
3002 instrumentality of the state or any political subdivision
3003 thereof in order to construct, reconstruct, acquire, extend,
3004 repair, improve, maintain, or operate any project, and the
3005 rates, fees, rentals, fares, or other charges to be fixed and
3006 collected with respect to the facilities and services of the
3007 district shall not be subject to the supervision, regulation, or
3008 rate-setting power of any bureau, board, commission, or other
3009 agency of the state or any political subdivision thereof.

 

[Sirwalterraleigh]

Just like I posted, the bill will replace the current board with a 5 member board appointed by the Governor. What is a little surprising that the board members cannot be employees of a theme park (i.e. no Disney employees will be allowed to serve on the board). Further it states there will be a chief administrator, but there is no statement regarding if the administrator can or can not be theme park employee. Now the fun begins. Will Disney try to fight or just accept. Let the games begin.

So you’re still giving credence to stupidity…even though you have “no dog in the fight”?

…that scans

 

[Sir_Cliff]

Will Disney try to fight or just accept.

Presumably they can't just accept this as they'd be handing a very hostile Florida government a huge amount of power over their operations in the state. Even if DeSantis now promises to play nice in return for a political victory, who's to say how future governments would use this power over them?

All rather insane; the sovereign risk of investing in Florida seems to heading into Venezuela territory.

 

[Sirwalterraleigh]

78 pages of legal jargon… I’ll wait for the movie.

I wonder which YouTube channel will get their summary up first.

You gotta figure the trakkers are worried they might have to get a real job if they never build a new ride again…
…so I’m sure bricks are hitting the toilet over there