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

[trainplane3]

Full article on it:

DeSantis’ Reedy Creek board says Disney stripped its power

LAKE BUENA VISTA — Gov. Ron DeSantis’ handpicked board overseeing Disney World’s government services is gearing up for a potential legal battle over a 30-year development agreement they…

www.orlandosentinel.com

I may not understand much legal stuff but this is just really funny to me.

 

[Dranth]

Well, with this coming out, now I wonder if they were ready to take it to court but didn't bother once they were able to push through the deal with the district. No need to sue if the state is taking over something that has no power over you. We'll see as more information comes out but it really makes the state look like even bigger fools if this is true.

 

[flyakite]

Here on the RCID website is the contract. Go to page 367

https://www.rcid.org/document/1-25-23-rcid-bos-package/

 

[Disstevefan1]

This is what the WESH reporter said on television during his newscast:

THE AGREEMENTS WERE MADE IN THE WEEKS RIGHT BEFORE MEMBERS WERE REPLACED BY THE PEOPLE PICKED BY GOVERNOR RON DESANTIS BECAUSE OF THE NEW LAW PASSED LAST YEAR. BOTTOM LINE, THE AGREEMENTS PUT DISNEY IN CHARGE OF ALMOST ALL DECISIONS ON THE TERRITORY IN REEDY CREEK FOR THE NEXT 30 YEARS AND THERE IS NOTHING THAT THE BOARD CAN DO ABOUT

Why only 30? Why not 100 or 200 years?
This way the technology will eventually exist to safely thaw Walt's head, clone him a new body then he can reclaim control of his company!

 

[flyakite]

The next meeting in February finalized contract. All out in open as a public meeting.

https://www.rcid.org/document/4783/

 

[Surferboy567]

A couple of questions:

1.) How can the board use Disney’s money? They aren’t part of the company so how can they use company money?

2.) Doesn’t Disney still own the land?

 

[peter11435]

A couple of questions:

1.) How can the board use Disney’s money? They aren’t part of the company so how can they use company money?

2.) Doesn’t Disney still own the land?

1. Where does the district get nearly all of its money from?

2. Disney owns the vast majority of the land.

 

[Minthorne]

Sounds like the Disney board members salted the fields on their way out... and the new District wants to attack that immediately as it was specifically setup to usurp them.

It was codename Project Mouse Droppings

 

[lazyboy97o]

How did they not know about this? Can a company sue…itself? How does something like that even work?

Disney and the Reedy Creek Improvement District were never one and the same. The two could have always entered into litigation against one another because they were district legal entities.

 

[Surferboy567]

1. Where does the district get nearly all of its money from?

2. Disney owns the vast majority of the land.

Disney and the Reedy Creek Improvement District were never one and the same. The two could have always entered into litigation against one another because they were district legal entities.

Got it, thanks this helps me understand some background.

 

[Figgy1]

A couple of questions:

1.) How can the board use Disney’s money? They aren’t part of the company so how can they use company money?

2.) Doesn’t Disney still own the land?

The board taxes Disney
Disney owns Disney's land and RC owns slivers across property

 

[lazyboy97o]

Well, with this coming out, now I wonder if they were ready to take it to court but didn't bother once they were able to push through the deal with the district. No need to sue if the state is taking over something that has no power over you. We'll see as more information comes out but it really makes the state look like even bigger fools if this is true.

This doesn’t fully prevent the Board from interfering. It protects a lot but not everything.

 

[castlecake2.0]

Isn’t that the point of the district?

 

[Figgy1]

Isn’t that the point of the district?View attachment 707180

Alex I'll take duh for 1000

 

[Sirwalterraleigh]

How did they not know about this? Can a company sue…itself? How does something like that even work?

I still think Disney should sue the state on grounds of 1st amendment. I am a little worried though they wouldn’t win due to the state’s willingness to let’s say bend the rules.

I think we’re in “the undiscovered country”here…

Everyone is making it up as they go and NO ONE is qualified to do so

 

[DocMcHulk]

This is savage.... Well played.

 

[Sirwalterraleigh]

Isn’t that the point of the district?View attachment 707180

1000%
They would have dumped that swampland and never picked up one stick if they did not get the RCID legislation passed.

It’s just that simple…revisionist history on this because fans are scared for their parks is not gonna be correct.

 

[castlecake2.0]

This is savage.... Well played.
View attachment 707184

I’m trying to find what parcel this is

 

[drnilescrane]

I’m trying to find what parcel this is

It's the restrictive covenant on the Springs parking garages

 

[DCBaker]

Here's the statement from the Governor's office.

"The Executive Office of the Governor is aware of Disney's last-ditch efforts to execute contracts just before ratifying the new law that transfers rights and authorities from the former Reedy Creek Improvement District to Disney. An initial review suggests these agreements may have significant legal infirmities that would render the contracts void as a matter of law. We are pleased the new Governor-appointed board retained multiple financial and legal firms to conduct audits and investigate Disney's past behavior."