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

Disstevefan1

Well-Known Member
In my limited experience, what pops into one's recommended viewing options is often indicative of said individual's viewing choices and histories. For example, I've never seen this guy before in my life.
I apologize for bringing this person up. I did not know this person was forbidden on these boards.

Obviously was doing a lot of searching on YouTube about RCID and this situation.
 
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lentesta

Premium Member
Please refer to here:


In Carter v. Carter, “The court held in part that the Bituminous Coal Conservation Act of 1935 violated the nondelegation doctrine because Congress delegated legislative power to a private industry group.”

Okay, I heard back from some people and I think I know what you're getting at.

In the state's lawsuit, Count VI on page 24 says this:
Screenshot from 2023-05-03 17-12-13.png


I highlighted "discretionary legislative power" because I was told that is an unusual phrase

In fact, it appears in exactly once Florida case: Morgran Company vs Orange County (2002)

Page 643, paragraph 4 of that ruling seems to hint where the state is going with this:

Screenshot from 2023-05-03 17-15-00.png


Okay, so what the court is saying here is that Orange County couldn't enter into this developer agreement and promise whatever for zoning requirements, because in future disputes it would have already bound itself to a decision.

BUT (there's always a but), my lawyer friends point out that Orange County is not a special district. (You knew that was going to come into play, @ParentsOf4. You just knew it.)

There's no clear-cut case involving special districts and FL 163.3227 for delegation, but since special districts are not legislative bodies under Florida law, the developer agreement might not be subject to the discretionary legislative authority claim. Or so I'm told.

It's also worth noting that the "novel and experimental" nature of RCID is explicitly mentioned in the RCID charter, and that SDs are encouraged to try new development approaches to guard against future uncertainty. I expect that to come up in any Disney response.
 

BuzzedPotatoHead89

Well-Known Member
Yeah, I just didn't know if they used this bill and rolled Disney into it. Or if there is a separate ride inspection bill aimed only at Disney.
As I understand it there are a few bills being considered on theme park safety and this was actually a good one from a consumer/safety perspective barring last minute amendments. The family of Tyre supported it and it was unanimously supported.

But in traditional Florida fashion: There is also companion bill that would shield amusement parks from state FOIA requests and then there is the ridiculous Disney one that would divert resources to regulate the Disney parks in the special district.
 

harry58

Member
As I understand it there are a few bills being considered on theme park safety and this was actually a good one from a consumer/safety perspective barring last minute amendments. The family of Tyre supported it and it was unanimously supported.

But in traditional Florida fashion: There is also companion bill that would shield amusement parks from state FOIA requests and then there is the ridiculous Disney one that would divert resources to regulate the Disney parks in the special district.
yeah, i heard about the FOIA one. And agree that the Tyree one is good. Just did not know if there was a third one to do with Disney, or that was rolled into the first one. Thanks for the information.
 

gorillaball

Well-Known Member
For comparison, Domestic Parks & Resorts Capex from 2011 to 2020 (i.e. pre-COVID) was $21.5B. That includes 2 cruise ships plus money spent at DL. However, P&R domestic numbers are dominated by WDW. Of that $21.5B, at least $17B was spent at WDW.

Domestic P&R depreciation was all the way up to $1.68B in 2022. Some of that depreciation will be on the ships, some will be at DL. Perhaps $1.2B per year will be at WDW. Adjust that for forward-looking inflation and, over 10 years, most of the $17B that Iger mentioned will be for upkeep.

Still, there will be some left for theme park improvements. Maybe a land or two (like the replacement for Dinoland) and perhaps two or three new attractions elsewhere. More DVCs for sure. Also, more non-theme park development.
But we don't know if the $17B includes maintenance capex correct? With the 13,000 job figure you'd think it would have a pretty high portion devoted to capital improvements. But I'll also concede it's pretty easy to play with employment numbers too, 13,000 permanent employees vs 13,000 employees at various times for different projects... Per Forbes Disney employed 5,500 temporary workers in the construction of Galaxy's Edge at WDW alone.

The devil is in the details and we don't have the details.
 

GoofGoof

Premium Member
For comparison, Domestic Parks & Resorts Capex from 2011 to 2020 (i.e. pre-COVID) was $21.5B. That includes 2 cruise ships plus money spent at DL. However, P&R domestic numbers are dominated by WDW. Of that $21.5B, at least $17B was spent at WDW.

Domestic P&R depreciation was all the way up to $1.68B in 2022. Some of that depreciation will be on the ships, some will be at DL. Perhaps $1.2B per year will be at WDW. Adjust that for forward-looking inflation and, over 10 years, most of the $17B that Iger mentioned will be for upkeep.

Still, there will be some left for theme park improvements. Maybe a land or two (like the replacement for Dinoland) and perhaps two or three new attractions elsewhere. More DVCs for sure. Also, more non-theme park development.
Agreed. $17B sounds on its face like enough for a 5th gate but when you factor in how much they spend annually just on upkeep it’s not much more than probably a handful of new rides and maybe a new land or 2. The point is that it’s not a fanboy fantasy or a PR stunt that the company will spend $17B at WDW over the next 10 years. It‘s pretty likely to be in the ballpark of what they do invest.

With the $17B they also mentioned 13,000 jobs which means there is likely to be more to it than just upkeep. I still think some of that is ramp up to pre-Covid levels but there’s likely to be new jobs created as well.
 

lazyboy97o

Well-Known Member
Okay, I heard back from some people and I think I know what you're getting at.

In the state's lawsuit, Count VI on page 24 says this:
View attachment 714390

I highlighted "discretionary legislative power" because I was told that is an unusual phrase

In fact, it appears in exactly once Florida case: Morgran Company vs Orange County (2002)

Page 643, paragraph 4 of that ruling seems to hint where the state is going with this:

View attachment 714392

Okay, so what the court is saying here is that Orange County couldn't enter into this developer agreement and promise whatever for zoning requirements, because in future disputes it would have already bound itself to a decision.

BUT (there's always a but), my lawyer friends point out that Orange County is not a special district. (You knew that was going to come into play, @ParentsOf4. You just knew it.)

There's no clear-cut case involving special districts and FL 163.3227 for delegation, but since special districts are not legislative bodies under Florida law, the developer agreement might not be subject to the discretionary legislative authority claim. Or so I'm told.

It's also worth noting that the "novel and experimental" nature of RCID is explicitly mentioned in the RCID charter, and that SDs are encouraged to try new development approaches to guard against future uncertainty. I expect that to come up in any Disney response.
The key issue noted in your quoted section is that the development agreement committed the county to support rezoning the property. That’s an important distinction. It’s absolutely something that should have been done first because the whole point of a development agreement is to lock in existing zoning.

Disney and the District locked in existing zoning. Zoning that has largely existed for years. They didn’t even use the nebulous master planned development zoning in use at places like Universal Orlando Resort, SeaWorld Orlando and The Villages that gives very wide latitude to the property owner on how to develop their property. Florida literally has a “Whatever” zoning classification and they didn’t switch to that and give it Disney.

The District also has not identified a true need. They’ve alluded to affordable housing but they haven’t actually done the work to make that an official planning position. The District is also largely zoned for commercial and mixed use, and now under state law affordable housing is allowed in those zoning areas. There is no actual conflict with the hypothetical future goals of the District, unless of course the real issue is their inability to seize land and put it to such uses because the covenants are really the problem and prevent them from doing just that.
 

Disstevefan1

Well-Known Member
But we don't know if the $17B includes maintenance capex correct? With the 13,000 job figure you'd think it would have a pretty high portion devoted to capital improvements. But I'll also concede it's pretty easy to play with employment numbers too, 13,000 permanent employees vs 13,000 employees at various times for different projects... Per Forbes Disney employed 5,500 temporary workers in the construction of Galaxy's Edge at WDW alone.

The devil is in the details and we don't have the details.
Iger said TWDC "plans" to spend $17B on WDW........ With what's happening now, who knows.......... THANKS RON! :mad:
 

MagicHappens1971

Well-Known Member
Iger said TWDC "plans" to spend $17B on WDW........ With what's happening now, who knows.......... THANKS RON! :mad:
Iger announced the 17B during a shareholders meeting in which he called DeSantis “anti-business”.


As others have mentioned, as much as I’m sure Disney would like to hurt the state, withholding expansions & $$$ will just hurt their business.
 

Andrew C

You know what's funny?
Iger announced the 17B during a shareholders meeting in which he called DeSantis “anti-business”.


As others have mentioned, as much as I’m sure Disney would like to hurt the state, withholding expansions & $$$ will just hurt their business.
I’m sure a recession will happen and they will cut back accordingly per usual.
 

Disstevefan1

Well-Known Member
Iger announced the 17B during a shareholders meeting in which he called DeSantis “anti-business”.


As others have mentioned, as much as I’m sure Disney would like to hurt the state, withholding expansions & $$$ will just hurt their business.
I watched the meeting; I heard and saw him say it.

The logical side of my brain says its good business to invest in WDW that is actually making money for the company.

The emotional side of my brain can understand if Iger changes his plans due to Ron DeSantis "extenuating circumstances".
 

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