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

lazyboy97o

Well-Known Member
So far, every legal opinion from a truly objective person I have seen has mostly suggested that the covenant stuff will get thrown out but that the DA is rock solid. How can a district sue a developer for an agreement that it voluntarily entered into with said developer?
Why are they taking issue with the covenants?
 

Ayla

Well-Known Member
I seriously hate the way this is being characterized in the media: "loophole" or "snuck in" or "quietly."

Where was that State's legal team? How do you pass legislation to take over a district and then let them run completely unchecked for weeks? How was someone not present at that meeting to ask questions? How were these filings sitting there to collect dust for weeks before Ron DeSantis signed the legislation? They completely dropped the ball and should be embarrassed.

Imagine going into contract on a house to find out a month later when you close that the house actually burnt down the day after you went into contract? And your lawyer and realtor had no idea.
We close on a house in a couple weeks. You better believe we drive by it every so often, just to make sure it's still standing. 😂
 

donsullivan

Premium Member
Sure, they could go back and dissolve the district, but the county is on the hook for the bond payments. I am sure Disney would be thankful for the billion+ bailout from the state. I don't think voters would be thrilled when they get their tax bills.
The complication of that is that according the local tax collectors, Florida statute prevents them from raising taxes enough to pay for those bonds, which means services have to be reduced to offset the additional bond payment expense the counties would have to absorb.

 

Disney Glimpses

Well-Known Member
The complication of that is that according the local tax collectors, Florida statute prevents them from raising taxes enough to pay for those bonds, which means services have to be reduced to offset the additional bond payment expense the counties would have to absorb.

Yeah, there's just no way that's an option. Having this end with Disney essentially getting a $1 billion tax break would be a massive loss. I see a lot of DeSantis pundits saying that he will now "dissolve Bay Lake and Lake Buena Vista." What would this even accomplish in this scenario?
 

ToTBellHop

Well-Known Member
Just a quick reminder that Gov. DeSantis went to Yale and then Harvard Law School.

Just in case you have kids who wish to become attorneys and are deciding where to go.

Did you know Yale Law School is graded pass/fail? I wonder if Harvard Law is the same...Yale undergrad ostensibly grades students but I was a TA while in grad school at Yale.

All of the undergrads pass.
 

Big_Shakalaka

Well-Known Member
Yeah, there's just no way that's an option. Having this end with Disney essentially getting a $1 billion tax break would be a massive loss. I see a lot of DeSantis pundits saying that he will now "dissolve Bay Lake and Lake Buena Vista." What would this even accomplish in this scenario?
I was actually just wondering yesterday, what are the benefits to Disney of having the cities of Bay Lake and Lake Buena Vista vs essentially just being an unincorporated area?
 

lazyboy97o

Well-Known Member
I seriously hate the way this is being characterized in the media: "loophole" or "snuck in" or "quietly."

Where was that State's legal team? How do you pass legislation to take over a district and then let them run completely unchecked for weeks? How was someone not present at that meeting to ask questions? How were these filings sitting there to collect dust for weeks before Ron DeSantis signed the legislation? They completely dropped the ball and should be embarrassed.

Imagine going into contract on a house to find out a month later when you close that the house actually burnt down the day after you went into contract? And your lawyer and realtor had no idea.
It’s even worse because they completely ignore that this occurred while the state was trying to be sneaky. The issues with dissolution were known for months and nothing was with not just Reedy Creek Improvement District but the other districts as well. Then it was pushed through a special session in days. It was the legislature that didn’t provide notice of their plans. And while much is being made of the agreement being finalized right before the legislature voted, that’s not what makes it law. There was nearly a month between this happening and governor getting around to scheduling his little show. And to top it off they keep repeating the lie about it being a special tax district. Repeating lies at face value isn’t being objective. It isn’t “giving both sides,” it’s just helping spread bull.
 

networkpro

Well-Known Member
In the Parks
Yes
The complication of that is that according the local tax collectors, Florida statute prevents them from raising taxes enough to pay for those bonds, which means services have to be reduced to offset the additional bond payment expense the counties would have to absorb.


There's nothing to say that Florida cant establish very short (as in mear feet long) toll roads into the district and charge non-residents $10 bucks a pop to enter it.
 

Chip Chipperson

Well-Known Member
Hold My Sipper!
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Hold my spot in this 6-hour line for a popcorn bucket.
 

castlecake2.0

Well-Known Member
Original Poster
They were originally key components to the structure and authority of the Reedy Creek Improvement District by delegating powers to the district.
Could Disney still refer to the area as LBV even if it’s dissolved? Like how Celebration isn’t technically it’s own town?
 

lazyboy97o

Well-Known Member
Hm, so what are the implications of dissolving them?
Now they’re pretty much rumps because of the way the district was reconstituted. I think there’s some quiet recognition that they’re a threat to the reformed district as their constitutional right of home rule has clearly been violated. This though needs some distance from the district shenanigans because cities being dissolved for disagreeing with the state is much easier to understand and more likely to provoke an uproar.
 

lazyboy97o

Well-Known Member
Could Disney still refer to the area as LBV even if it’s dissolved? Like how Celebration isn’t technically it’s own town?
Sure. There are all sorts of communities that people refer to even though they don’t have a legal existence. Addresses would involve some say from the US Post Office but they tend to continue recognizing place names and there are places where they’ll accept multiple place names.
 

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