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

GoofGoof

Premium Member
Pretty sure Duke Energy runs it
yes, according to this Duke operates the facility and sells the power to RCID through a power purchase agreement.

 

CaptainAmerica

Premium Member
Interesting to see that 'Disney' is the #2 trending topic on Twitter in the USA right now, and it's mainly people laughing at DeSantis for threatening to build a prison at Walt Disney World and talking about the general insanity of the whole situation.
Oh for the love of Pete he didn't threaten to build a prison.
 

mkt

When a paradise is lost go straight to Disney™
Premium Member
This is nothing new. Insurance companies commonly drop folks for making claims.
This isn't what's happening in Florida.

Insurers are leaving the state altogether and dropping EVERY insured in the state. Citizens, the state run insurer of LAST RESORT is now the only option for a shockingly large number of residents.
 

tissandtully

Well-Known Member
This isn't what's happening in Florida.

Insurers are leaving the state altogether and dropping EVERY insured in the state. Citizens, the state run insurer of LAST RESORT is now the only option for a shockingly large number of residents.
I have Citizens because I'm on the gulf coast in St. Pete and they are doing mandatory inspections of every policy to try to find reasons to remove previous discounts and to drop coverage.
 

Stripes

Premium Member
It's awfully specific, though. What's your rationale behind why Disney would have the upper hand?
The court will consider the context of the statute, which is to clarify that subsequent state and federal laws and regulations can override the development agreement. Now it’s not directly stated in the statute but it’s implied that those laws must have a legitimate public purpose. For example, let’s say a city entered into a development agreement which permitted a developer to construct a daycare facility next to a public dump. The state later passes a law banning daycare facilities from being built within a half mile of a dump. That is the purpose of the statute. It is essentially there to solidify the contracts clause test.

Further, if the legislature specifically target this development agreement, Disney could also allege a class-of-one Equal Protection violation.
 

mkt

When a paradise is lost go straight to Disney™
Premium Member
I live in Miami and visit Disney World multiple times a year and I had never even heard of Reedy Creek until last year.
And most people outside of Miami have never heard of the town of Medley, that has more businesses than residents. Yet there you go.
 

GoofGoof

Premium Member
If RCID didn't give Disney an advantage, why would Disney care about losing it?
Without RCID Disney would have had a more difficult time building WDW and may have selected a different site. It’s an “advantage” for Disney because of the size of the property they have. That doesn’t mean it’s an unfair advantage over competition. Why would Universal, Sea World or any other competition want anything with a similar size and scope as RCID? They would not. So it’s not really some competitive advantage as is being portrayed.
 

mkt

When a paradise is lost go straight to Disney™
Premium Member

mkt

When a paradise is lost go straight to Disney™
Premium Member
I have Citizens because I'm on the gulf coast in St. Pete and they are doing mandatory inspections of every policy to try to find reasons to remove previous discounts and to drop coverage.

Sounds about right.

Florida's weird.

I can afford to buy a house here. I just can't afford to buy a house and insure it. It's cheaper to rent.
 

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