Im not a lawyer and have no real legal knowledge of this situation. But, to the best I can understand it...this is the basic problem:
RCID is a public municipality that....by law....MUST remain seperate from Disney. RCID, by law is NOT supposed to be "loyal" to Disney. If it IS found that RCID was beholden to Disney, then the people that caused this to happen were breaking the law. If this happens, that it will be argued that RCID was literally a fraud. Yes, even the bonds that RCID issued were fraudulant too. The town you live in is NOT supposed to be under the thumb of the companies that operate in your town. If so....that is a CLEAR conflict of interest of your municipality. Towns/cities/counties answer to the public...the people of your state. They are NOT tools of corporations. This is the law in Florida.
I think that all of the communications between Disney and RCID will be subpoenad under Florida's Sunshine Law and if those records show Disney giving illeagle orders to RCID....this whole thing will come crashing down in a horrible way for Disney.
If RCID is deemed to be fraudulant and all those hundreds of millions in RCID bonds are all fraudulant? I dont know....but this "could" be the nastiest rabbit hole that Disney could have ever fallin in to.
This "could" be something that RCID and Disney staff might facing if there is enough evidence. Actual fraud and crimes that could land people in jail. I do suspect that "wistle blowers" will now come out from everywhere soon???
Lets hope this is NOT the case. Let's hope that Disney PROVES that they did NOT use RCID this way and that they never broke the legal wall between them. Let's hope the state gets all the documents and sees nothing illeagle was done by ANYbody.
Let's all hope for the best!!