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

Notypeo

Member
Isn’t the consideration for the development agreement that they will develop the land for a specific use? Take away the politics. Why would a local government sign a development agreement with anyone?
I can’t speak to Florida law or practice specifically. But my hunch is that countless projects statewide depend on development agreements where the consideration given by the developer is “you get a nice development in accordance with the plan.” And this is one of the places where things get tricky for the DeSantisites. Are they sure that the Villages made a discrete community benefit payment for every development agreement it struck? Do they really want every developer from now on needing to do so in order to be confident their agreement is enforceable? Do they want to argue for throwing out developer agreements left and right? And do conservative state court judges want anything to do with any of this?
 

seascape

Well-Known Member
A contract needs consideration - it’s the essential part of a contract.

If it’s not a contract, then all the discussions we’ve had about Disney having a strong contract case get thrown out the window.

After Kelo v. City of New London (another terrible decision by the Supreme Court), the bar for eminent domain is pretty low.
17 billion in investments is certainly consideration. Further since the 17 billion was talked about in the yearly stockholders meeting it has to be true
It was also talked about in their legal filing. The new board is full of it.
 

Chi84

Premium Member
Couldn't Disney argue that they will provide lands at fair market value without the bar needed for eminent domain? And does a development agreement *need* consideration?
Forgoing condemnation proceedings would likely be enough because very little is needed in the way of consideration. But if people here really believe judges just decide things according to political affiliation, why worry about it?
 

gorillaball

Well-Known Member
I can't speak for the fanboys, personally, I am a fan of WDW, Universal and Seaworld and want none to fail; I want all of them work to be better; and it's the tourist who wins.

My commentary was really that Universal is able to focus on guest experience better while TWDC need to focus elsewhere.
It’s not as if the people dealing with legal matters would deal with the guest experience. Also, this could drag for years and years and the “cost” wouldn’t equate to popcorn buckets sold over any period of time.
 

mikejs78

Premium Member
DeSantis is claiming that existing Florida law allows for the legislature to void a development agreement.


I mean, that statute reads to me like if the government passes a  general law that contradicts a developer agreement (example: something like the ADA) or if a change in party happened and a gun store law was passed that only allowed 1 gun store per 10 square miles, and a development agreement had several gun stores in it.. in any case that section seems to say that development agreements are amended to account for the new law, not that they can just be voided. I don't think a law to allow voiding of development agreements after the fact would be allowed.
 

Vegas Disney Fan

Well-Known Member
It’s not as if the people dealing with legal matters would deal with the guest experience. Also, this could drag for years and years and the “cost” wouldn’t equate to popcorn buckets sold over any period of time.

Very true, thankfully Disney has deep pockets and can handle this in their legal department without it affecting the guest experience. Spending millions to fight this is peanuts for them, it would bankrupt a smaller business though. DeSantis picked a fight with probably the worst company he could have chosen, deep pockets and beloved by many, kind of a no win situation.
 

Lilofan

Well-Known Member
Very true, thankfully Disney has deep pockets and can handle this in their legal department without it affecting the guest experience. Spending millions to fight this is peanuts for them, it would bankrupt a smaller business though. DeSantis picked a fight with probably the worst company he could have chosen, deep pockets and beloved by many, kind of a no win situation.
Who knows if the legal team and their spouse and little ones flies down to Orlando and meets with Disney legal with lawyer burning the midnight oil while the families soak up the guest experience VIP style escorted by cast tour guides to the parks courtesy of Mickey? Now that would be a great guest experience for the lucky ones! Savannah view suite at AK Lodge would be sweet!
 

LittleBuford

Well-Known Member
You can be assured that if the tables were turned, Disney wouldn't be stepping in the line of fire, risking their own economic well being to protect one of their competitors, either.
You’re probably right. Still, I suppose I would have expected some amount of industry solidarity in the face of such an assault. I guess I really am naively idealistic.
 

BrianLo

Well-Known Member
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Sirwalterraleigh

Premium Member
Oh, I think this goes to the argument that RCID was created BEFORE the Florida constitution?
Just a guess…but since RCID was passed before the state constitution was ratified…and had more or less remained unchanged for 55 years…Disney would argue the agreement was sound and only became an issue/political pawn after a dispute over a completely unrelated law was passed. The only correlation is revenge.
It’s a fairly easy case to make
 

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