A plan for how the state will tackle Disney’s Reedy Creek Improvement District, which gives the California-based company self-governing power over its amusement park property in Central Florida, is expected to be “shared in the next few weeks,” according to DeSantis officials. Yet Reedy Creek is contending that the new state law targeting Disney conflicts with the state’s original agreement, leaving at stake some $1 billion in outstanding bond debt.
“As Governor [Ron] DeSantis has said, Disney will pay its fair share of taxes, and abolishing the special district will not cause tax increases for the residents of any area of Florida,” DeSantis spokesperson Christina Pushaw wrote in a statement Thursday. She replied to one person on Twitter that she “will be sure to post more details on the plan as soon as I can share those.”…
Reedy Creek’s board of supervisors, meanwhile, met Wednesday for the first time since the repeal and had few, if any, answers about what comes next.
“There’s nothing I can do about it and I don’t think there’s anybody here that knows what to do about it,” said board member Don Greer, per local media. “The governor of the state of Florida will have to decide that.”
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