Sorry if this is a dumb question, but I'm seeing references to the deferral of control from RCID to Disney being for the next 30 years, and also being until 21 years after the date of the death of the last living descendant of King Charles as of now, which would, I think be Princess Lillibet. So assuming she doesn't die very young, that should be a lot longer than 30 years, right?
The development agreement is in place for 30 years
"WHEREAS, Sections 163.3220-163.3243, Florida Statutes (the “Florida Local Government Development Agreement Act”), authorize local governments and developers to enter into certain types of development agreements, with an initial duration of up to thirty (30) years, to provide certainty to both parties in terms of current and future processes and entitlements"
This part of the contract is in effect in perpetuity/ and or until the youngest descendant of King Charles III dies.
"WHEREAS, WDPR and/or its Affiliates (as defined in the Glossary of Terms attached as an Appendix) is/are the owner of certain parcels of land, located adjacent and/or near the R I D Properties, and also being aportionofthe R I D JurisdictionalLands, more particularly described on ExhibitB attached hereto and made a part hereof(each a "WIDPR Property" and collectively,
the "WDPR Properties"); and
WHEREAS, the WDPR Properties represent the vast majority of the RCID Jurisdictional
Lands and WDPR and/or its Affiliates have developed, and plan to continue to develop, theWDPR Properties into the Walt Disney World@ Resort (the Walt Disney World® Resort as further
developed and expanded is referred to as the"Project");"
Basically, the 30 year thing cements the plans in the development plan. The second part entitles WDW to certain rights of RCID powers and its land.