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

mkt

When a paradise is lost go straight to Disney™
Premium Member
Isn't Reedy Creek like a billion dollars in debt? Seems accurate for a government agency to be honest...and aligns with how efficient Disney itself is with money. :hilarious:
That's Disney taking advantage of municipal bonds to fundraise for non-theme-park capital expenditures on property.

Also, having debt isn't the issue. Being unable to pay it is the issue.
 

Stripes

Premium Member
This just isn’t true. There are all sorts of reasons that projects get delayed and killed in planning that are not well reasoned.
Can you provide an example of a significant Disney proposal that was delayed or canceled by RCID because it wasn’t well-reasoned? I very well could be wrong.

Admittedly, I don’t have all the facts. I do know that the new board is bound by law to represent the interests of the landowners in the district.
 

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