In 1967, the Florida Legislature set up the Reedy Creek Improvement District to serve as a Disney-run government for Disney World. After Comcast failed to acquire Disney earlier this year, Florida representative Andy Gardiner asked the state government to do a formal review of Reedy Creek.
Gardiner was concerned that a new Disney owner might try to enact major changes involving Reedy Creek. The state report proposed two methods that might be used to control Reedy Creek's authority, but concluded that the state does not need to monitor the Disney World government more then it already does.
The Reedy Creek Improvement District covers 25,000 acres. As the government of Disney World it has the power to create safety codes, issue bonds, and handle utilities, among other things.
Horray!!!! This is good news!
Source: http://www.thrillnetwork.com/stories_view.php/772
Gardiner was concerned that a new Disney owner might try to enact major changes involving Reedy Creek. The state report proposed two methods that might be used to control Reedy Creek's authority, but concluded that the state does not need to monitor the Disney World government more then it already does.
The Reedy Creek Improvement District covers 25,000 acres. As the government of Disney World it has the power to create safety codes, issue bonds, and handle utilities, among other things.
Horray!!!! This is good news!
Source: http://www.thrillnetwork.com/stories_view.php/772