In a presentation by the Central Florida Tourism Oversight District's high-profile lawyers, it was said that Disney's February 8 2023 developer agreements and restrictive covenants with Reedy Creek Improvement District prior to the new board taking over are "null and void."
Specifically, David H. Thompson from Cooper & Kirk said that Disney was in violation of the Florida Sunshine Law, and "failed to mail notice to the other property owners in the district." Adding that this alleged inaction "dooms their entire effort."
Secondly, it was said that such agreements can be entered into "only if the district has put in place to adopt such an agreement, Reedy Creek Improvement District neglected to do so."
More details are expected as lawyers continue their presentation today.
Signed into effect on February 8, just as the Florida House passed the legislation to take control of Reedy Creek Improvement District, the new Developer Agreement gives Disney significant control of the RCID landing and prevents the new board making any changes to the agreement.
At a March 29 special meeting, where the board discussed the new Developer Agreement, one member said, "We lose control over everything other than to maintain the roads and maintain the infrastructure." Board member Brian Aungst said, "We gave governmental control to Disney."
Disney is yet to comment on recent developments.
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