Disney and DeSantis End Dispute with New $17 Billion Walt Disney World Development Agreement

Jun 13, 2024 in "Reedy Creek Improvement District"

Posted: Thursday June 13, 2024 4:30pm ET by WDWMAGIC Staff

Disney officially ended its First Amendment lawsuit against Florida Governor Ron DeSantis on Thursday, concluding a two-year conflict triggered by the company's opposition to the so-called "Don't Say Gay" law.

This decision followed last night's Central Florida Tourism Oversight District board's approval of a new 15-year development agreement, permitting Disney to invest up to $17 billion to expand its Orlando theme parks.

"Walt Disney World is inextricably intertwined in the fabric of the state of Florida, and the success of Walt Disney World is the success of Central Florida and vice versa," said Brian Aungst Jr., a Central Florida Tourism Oversight District board member. "This agreement provides a lasting, sustainable, and prosperous future for the district, the people of Florida, and the Walt Disney Company."

In a statement, Jeff Vahle, President of Walt Disney World Resort said, "This new development agreement paves the way for us to invest billions of dollars in Walt Disney World Resort, supporting the growth of this global destination, fueling the Florida economy, and allowing us to deliver even more memorable and extraordinary experiences for our guests." 

The resolution marks the end of a contentious culture war that dominated headlines in 2022. The legal battle left Disney in a weakened position, as it lost control over the nearly 40 square-mile area surrounding its parks, a privilege it had held since 1967.

U.S. District Judge Allen Winsor dismissed Disney's First Amendment suit in January, ruling that Florida had the authority to revoke the district. Disney had initially planned to appeal, warning that the case had significant implications for the rule of law.

In March, Disney and DeSantis settled most of their disputes, dismissing state lawsuits and agreeing to focus on the new development plan. Disney suspended its federal appeal pending the resolution of development issues.

On Wednesday night, the Central Florida Tourism Oversight District voted 5-0 to approve the new development agreement. With the agreement finalized, Disney notified the 11th Circuit Court of Appeals on Thursday that it was dismissing the case.

"All parties to this appeal hereby stipulate to dismissal of the appeal with prejudice," the notice stated.

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JoeCamelSep 04, 2024

Juicy

DCBakerSep 04, 2024

The CFTOD has added a Board of Supervisors meeting next Wednesday, September 11, at 7pm. Here's the published agenda:

V_L_RaptorAug 10, 2024

I'm sensing an opportunity for Super High Intensity Training, here.

flyakiteAug 09, 2024

I am not sure if this is relevant to anyone anymore. So if not, sorry for the bump.

cranbizJul 30, 2024

Don't forget eNPS.

pdude81Jul 30, 2024

Don't taze me, bro

Nubs70Jul 30, 2024

Ack!!!!! That one is the worst..... I see your NPS and taise you a SalesForce

Batman'sParentsJul 30, 2024

https://www.bizjournals.com/orlando/news/2024/07/29/disney-attorney-roy-payne-fishback-dominick.html?cx_testId=40&cx_testVariant=cx_11&cx_artPos=1#cxrecs_s or for those who can't see past the paywall: The Central Florida Tourism Oversight District's supervisor board voted July 24 to bring on attorney Roy Payne as in-house counsel. Until now, the entity that governs Walt Disney World property in Orlando had Fishback Dominick law firm on retainer. Stephanie Kopelousos, district administrator since March, said the district needs someone who can provide consistent, on-site legal guidance, which external counsel cannot always offer. Board members echoed the sentiment that having an in-house counsel like Payne would ensure the district's legal needs are met more effectively. “When I came in, I thought it was important for our team to have someone here day to day,” she said. Before introducing Payne, Kopelousos said she had conducted a search with help from Craig Mateer, the most recent addition to the board. Payne, who until now was chief assistant city attorney for Orlando, got the job in part due to his 33 years as a lawyer for local government. "The district, as you know, is a very unique animal,” Payne said. “It's a special kind of organization ... The learning curve is a little more than I was expecting because things are done quite differently here than in your typical municipal corporation or county, but it's been refreshing to be a part of this." The district’s latest approach to legal counsel is not a reflection on the quality of services provided by Winter Park-based Fishback Dominick, said Vice Chair Charbel Barakat. Crediting attorneys Kurt Ardaman and Daniel Langley of Fishback — who attended the board meeting — for putting the puzzle pieces of the district in place, he said, "You all have helped us build policies and procedures that have made this a best-in-practice, best-in-breed government going forward. We're going to continue to build on that work and the foundation you all have built." The district's board members were appointed last year by Gov. Ron DeSantis to replace the Reedy Creek Improvement District special government as part of a year-long feud between the governor and Disney. Board members said Ardaman and Langley will help transition the Central Florida Tourism Oversight District from outside special counsel to in-house general counsel, particularly concerning ethical and conflict-of-interest issues. Payne said he already has a prior relationship with Fishback Dominick, having worked with the firm on cases during his tenure with Orlando.

JoeCamelJul 30, 2024

Gee I haven't checked my Net Promoter Score lately.......

Nubs70Jul 30, 2024

While a little buzz wordyish.... KPI's are at least measurable.

Nubs70Jul 30, 2024

You either have one or have been victimized by one that does.

mktJul 30, 2024

Unfortunately, I am currently bandwidth-constrained and unable to allocate resources to this task. Let's touch base later to reassess priorities. Understood. We'll ensure our communication is both robust and paradigm-shifting to adhere to best practices and maintain a gold standard. Indeed, they're strategically right-sizing to optimize individual cast member potential, thereby enhancing overall operational efficiency and maximizing ROI.

GCTalesJul 30, 2024

I thought they were just right sizing to maximize individual cast member potential

VacationeerJul 29, 2024

Best practices are to squeeze robust and paradigm in somewhere