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

[mmascari]

My question is do you think Disney should have tempered its actions in any way at all based on the possibility of behind the scenes retaliation by the state? It's kind of yes or no.

Disney should never have to worry about retaliation by the state unless they do something illegal which this wasn’t

We can’t fail to recognize however all the little things that got them into this mess over the years which brought attention and now politics into it. DeSantis is just looking for political points at disneys expense, which is wrong, but Chapek and co put out the welcome mat at the front door and now Iger is having to fight it.

That's a "Yes, Disney should have tempered its actions to avoid retaliation by the state of Florida.".

It's couched to try and look like a "no", but it is most definitely a "yes". There's no other way to read that.

 

[GhostHost1000]

So the most valued part of our government is under threat... but you wanna keep reiterating that Disney shouldn't have risked themselves.
Priorities man.

yep…just like I enjoy lighting a match and having a small fire in my firepit at times, I don’t need to throw gas on it and burn my house down.

Multiple things got Disney where they are today. That should be obvious. It’s wrong of Florida to do what they are doing however, but Disney kept pouring gas in the fire.

 

[lewisc]

The bonds are a big reason the District is being retained instead of being dissolved. There is language in the bill about the bonds and ensuring they are paid.

I’d love to know what has held off action from any bond holders.

The legislation claims the District is being retained. Bond holders could have a case...changes are sufficient to categorize the action as dissolution and a new district.

Changing the name gives the bond holders more ammunition.




Ll..

 

[mmascari]

I’d love to know what has held off action from any bond holders.

There were those reports pages and pages ago that the original passed law didn't actually apply to RCID. Part of me thinks, RCID and Disney were going to respond but just interpreting it that way and doing nothing. Just continuing on as normal.

That would force the state to try and enforce the change as applying to RCID. State police storming the RCID offices, or something like that.

I think I saw where the new law amends the original RCID law. However, did it also replace or repeal the one that was passed about dissolution? If not, was some other new bill also introduced to undo the one that passed? There's all those other districts that were covered by the first one. If this new one is in addition to and doesn't remove the prior one, don't they all still get impacted by the dissolution law?

 

[Chi84]

Disney should never have to worry about retaliation by the state unless they do something illegal which this wasn’t

We can’t fail to recognize however all the little things that got them into this mess over the years which brought attention and now politics into it. DeSantis is just looking for political points at disneys expense, which is wrong, but Chapek and co put out the welcome mat at the front door and now Iger is having to fight it.

Okay, so what you're saying is that Disney was within its rights to respond to the legislation without having to fear any type of government retribution, either explicit or behind the scenes.

But now you are saying that Disney did or said things over the years that "brought attention and now politics into it." What are you referring to and what should Disney have done instead?

If you're saying that Disney should have tempered its actions so that they were looked upon more favorably by the state and not attracted its negative attention, then we absolutely disagree. But at least I think I know what you're getting at now.

 

[mmascari]

It’s wrong of Florida to do what they are doing however, but Disney kept pouring gas in the fire.

There is no amount of legal gas Disney could pour on to justify this response by the state.

That's just not a thing. So, either Disney did something illegal requiring action by the state, or this statement is simply false and self contradictory.

I assume you're doing this to troll by now. There's no other reason to keep it up.

 

[flynnibus]

However, did it also replace or repeal the one that was passed about dissolution? If not, was some other new bill also introduced to undo the one that passed?

Pretty sure that's on the first page... but I would have to read it again and I don't wanna

 

[Vegas Disney Fan]

There's all those other districts that were covered by the first one. If this new one is in addition to and doesn't remove the prior one, don't they all still get impacted by the dissolution law?

I was wondering about that too, what happens to all those districts now? Are they just forgotten about and quietly end with no replacement at all?

Will they vote to retract that bill since it didn’t do what they wanted it to do and they now had to bring up another bill?

What a circus.

 

[GhostHost1000]

There is no amount of legal gas Disney could pour on to justify this response by the state.

That's just not a thing. So, either Disney did something illegal requiring action by the state, or this statement is simply false and self contradictory.

I assume you're doing this to troll by now. There's no other reason to keep it up.

no trolling, you all are just not budging from your corner, opening your eyes, and seeing the big picture as to how Disney got where they are with this and overall public perception. That’s ok.

I still stand by my original statement however, all of this could have been avoided. Florida is not coming after any other company that had the same stance on the original topic. While wrong, there’s a reason, and it’s not because of how much the buffet costs at Crystal Palace.

 

[Disstevefan1]

The state may have the right to give and take away a special district but to take it over?

I am sure the lawsuits will start once the law goes into or is about to go into effect.

At least the lawyers will get rich.

 

[Chi84]

I still stand by my original statement however, all of this could have been avoided. Florida is not coming after any other company that had the same stance on the original topic.

Wait, now you’re saying Disney should have acted differently to avoid Florida “coming after” them?

Maybe those other companies didn’t have the same business problems with employees who wanted Disney to take a stance and were walking out over the issue.

 

[lazyboy97o]

The legislation claims the District is being retained. Bond holders could have a case...changes are sufficient to categorize the action as dissolution and a new district.

Changing the name gives the bond holders more ammunition.

I don’t think the name change provides much standing. Changing the powers of the district might since it changes what the District can do as part of its work.

 

[lewisc]

I don’t think the name change provides much standing. Changing the powers of the district might since it changes what the District can do as part of its work.

Name change might be the icing on the cake.

 

[mmascari]

Pretty sure that's on the first page... but I would have to read it again and I don't wanna

This is on the first page.

3 District, Orange and Osceola Counties; reenacting,
4 amending, and repealing chapter 67-764, Laws of
5 Florida, and the decree in chancery No. 66-1061
6 entered by the Circuit Court in and for the Ninth
7 Judicial Circuit of the State of Florida on May 13,
8 1966, relating to the district

25 Section 1. Chapter 67-764, Laws of Florida, relating to
26 the Reedy Creek Improvement District, and the decree in chancery
27 No. 66-1061 entered by the Circuit Court in and for the Ninth
28 Judicial Circuit of the State of Florida on May 13, 1966,
29 creating and incorporating the Reedy Creek Drainage District as

I'm assuming, which is why the question, that 67-764 and 66-1061 are the creation of RCID and NOT the law that was passed in 2022.

Least we forget the other districts impacted by the 2022 law.

 

[lazyboy97o]

There were those reports pages and pages ago that the original passed law didn't actually apply to RCID. Part of me thinks, RCID and Disney were going to respond but just interpreting it that way and doing nothing. Just continuing on as normal.

That would force the state to try and enforce the change as applying to RCID. State police storming the RCID offices, or something like that.

I think I saw where the new law amends the original RCID law. However, did it also replace or repeal the one that was passed about dissolution? If not, was some other new bill also introduced to undo the one that passed? There's all those other districts that were covered by the first one. If this new one is in addition to and doesn't remove the prior one, don't they all still get impacted by the dissolution law?

My question is about the various bond holders, not Disney or Reedy Creek. There was the one negative notice about the bonds, but that was about it. When would we have hit the point where credit agencies and financial institutions actually started to worry? Did they all actually agree that the dissolution does not apply? Did they feel dissolution had to be more imminent before acting?

Looking through very quickly I am having trouble finding where the dissolution law is repealed. As you note later, they’re repealing part of the District charter.

This bill also upholds legislative action that occurred prior to the current constitution, contradicting the original claims for why the dissolution had to occur.

 

[Ayla]

Scott Gustin is following the committee meeting on twitter, if you want to see up to the second updates.

 

[JohnD]

Amendments filed. I knew this would be interesting. Hawkins, the sponsor, filed an amendment revising the boundaries. The Democrats filed amendments making several points.

Request Rejected

 

[TalkingHead]

So, the committee has made it pretty clear there will be no guarantee that the board is reflective of local concerns — is there any conceivable way that this doesn’t wind up in court? TWDC execs must have noticed the recent spate of Florida college and school board appointments, including individuals from outside the state who are completely unqualified for their posts, choices designed to do the administration’s bidding. Hard to imagine a company like Disney signing up for that without any resistance.

 

[ParentsOf4]

Just checking in…

Has anyone changed anyone else’s mind yet?

I guess not.

 

[flynnibus]

Guess this means it's passed committe...

H Reported out of State Affairs Committee

02/08/2023 - 4:09 PM