Agenda for the next Central Florida Tourism Oversight District meeting indicates the board will declare Disney's last agreement with Reedy Creek null and void

Apr 20, 2023 in "Reedy Creek Improvement District"

Posted: Thursday April 20, 2023 3:00pm ET by WDWMAGIC Staff

The Ron DeSantis-appointed Central Florida Tourism Oversight District board will meet again on April 26 to declare Disney's agreement with Reedy Creek null and void.

Reedy Creek Improvement District overview

According to the agenda that has just been released, section 8.1 of the meeting labeled as "New Business" will formally declare both the Development Agreement and Declaration of Restrictive Covenants between Disney and Reedy Creek void.

Approval of legislative findings regarding and declare the Development Agreement and Declaration of Restrictive Covenants entered into by the Reedy Creek Improvement District and Walt Disney Parks and Resorts U.S. void ab initio and direction to litigation counsel regarding same.

In a presentation yesterday by the Central Florida Tourism Oversight District's 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."

However, there appears to be a great deal of uncertainty regarding Reedy Creek's obligation to notify property owners, and a legal challenge by Disney would seem a certainty.

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.

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MR.Dis8 days ago

To give an example, I am retired from JP Morgan Chase, the provider of Disney Visa charge cards. I was eligible to purchase WDW and Disneyland tickets thru a portal for 20% off the rack rate. I do not know if that is still the case. While I was an annual pass holder purchasing thru DVC, I would purchase tickets for my kids when they visited WDW with their families. It was a significant savings.

flyakite8 days ago

Should anyone be interested and would like to attend:

michmousefan21 days ago

cranbiz22 days ago

Not really a distortion of facts. Yes, RCID was a legally a separate entity from TWDC. In reality, it was controlled by WDW, which is why DeSantis had a hard on for getting revenge on TWDC for "don't say gay" and other woke policies by trying to revoke the district. He couldn't do that for many reasons so he got the law changed to appoint his own governing board. As we know, that really did fail miserably and there is now a board that is not antagonistic towards Disney. There is a charge for those benefits to the third party entities in some way, shape or form. WDW doesn't give anything away for free. RCID (and many third party operating participants) pay for those benefits (usually at a very reduced rate). So, in the case of RCID, Disney paid for those benefits through it's tax assessments because RCID has no income of it's own except for income received from it's taxpayers (of which TWDC is it's largest and majority taxpayer). So, what I said was true. WDW paid for the benefits granted by RCID to it's employees and RCID, by granting those benefits paid WDW back for them. This keeps everything legal. Yes, CFTOD wanted to stick it to Disney by refusing to pay WDW for those benefits, which in turn stuck it to the employees. RCID and CFTOD employees were never WDW Cast Members, they were employees of RCID or are/were employees of CFTOD.

LAKid5322 days ago

It takes little time to release a completed report. Unless that report didn't say exactly what you wanted it to say....

LAKid5322 days ago

Governor's office receives a FOIA (govt in the Sunshine) request... "What's sunshine?" 🙄

LAKid5322 days ago

🤫

LAKid5322 days ago

Florida statute says state records are open to the public. It doesn't say how quickly agencies have to provide the info. When I worked for various state agencies, we tried getting the requested info as quickly as possible. If it was a state legislator or governor's office, yesterday wasn't fast enough. 😉

LAKid5322 days ago

Bingo

Chi8422 days ago

So they had to ferret it out as opposed to the government releasing it to the news agencies. That’s understandable. Those requests can take a surprisingly long time to fulfill.

Stripes22 days ago

WKMG submitted a public records request. That request was just recently fulfilled and the document released. WKMG hasn’t said when they submitted the request.

Unbanshee22 days ago

Lol, you must be new here. The state doesn't like to "live in the sunshine" when it comes to matters that the esteemed governor finds personally difficult

Chi8422 days ago

The memo is dated June 21. Reporting on it the day after Christmas seems to be the definition of “old news.” Although it could be that Florida dragged its feet releasing it for some reason.