Latest board meeting signals new chapter for Disney and Central Florida Tourism Oversight District

Apr 25, 2024 in "Reedy Creek Improvement District"

Forum Forums Tweet Share Tweet Share

Posted: Thursday April 25, 2024 10:23am ET by WDWMAGIC Staff

The Central Florida Tourism Oversight District held its first board of supervisors meeting yesterday, the first time since the settlement agreement with Disney was reached.

In a significant shift from its beginnings in 2023 as a Ron DeSantis-directed takeover of Disney's Reedy Creek Improvement District, the meeting felt more like an actual gathering of governance and less like a political spectacle.

Instead of the now departed CFTOD Chairman Martin Garcia railing against Disney, the agenda included awarding contracts for chilled water, network security and video upgrades, waste stream disposal, recycling efforts, energy plant upgrades, sediment removal, landscaping improvements, and a twenty-year contract for the purchase of 74.5 megawatts of solar energy.

Reporting on the district's management was newly appointed CFTOD administrator Stephanie Kopelousos. Also in attendance was new board member Craig Mateer.

Central Florida Tourism Oversight District headquarters near Disney Springs

Announced in late March, the Walt Disney Company and the Central Florida Tourism Oversight District reached a settlement agreement that will potentially see both sides drop their respective lawsuits. Speaking earlier this month, Disney CEO Bob Iger described the agreement as a "win-win" for Disney.

The key provisions of the agreement from Disney's perspective are that the district commits to reviewing and potentially revising the 2020 Comprehensive Plan, with consultations involving Disney. Furthermore, the subsequent negotiations for the new development agreement are tied to Disney's decision to either continue or halt its federal lawsuit against CFTOD and Florida Governor Ron DeSantis, indicating the agreement's broad scope and potential impact on Disney's operations.

Responding to a question about investing in the parks during a recent investors call, Iger said, "The agreement we reached with the Central Florida tourism oversight district last week will actually enable us to pursue the kinds of significant investment in our Florida parks that you're talking about. We achieved a win-win result with that deal. In terms of our ability to pursue future development opportunities, but also in terms of the 1000s of direct and indirect jobs, and economic opportunity in the state that will come with our investment in new projects. So as we've discussed regarding our $60 billion capital expenditure plans, is much more coming to our parks around the world, including in Florida."

Bob Iger at Walt Disney World

Discuss on the Forums

Get Walt Disney World News Delivered to Your Inbox

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.