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To: SERKIT

> It’s been reported that $2B in Disney debt will shift to the taxpayers of Orange and Osceola Counties. Unintended consequences?

I don’t understand how that is possible. Any linkys?

-SB


569 posted on 04/21/2022 8:26:04 PM PDT by Snowybear ( )
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To: thesearethetimes...; Pete from Shawnee Mission; thinden; John4.11; TXnMA; American in Israel; ...
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572 posted on 04/21/2022 8:37:38 PM PDT by little jeremiah (Don't worry about anything. Worry has never solved any problem or moved any stone. )
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To: Snowybear
:::::::It’s been reported that $2B in Disney debt will shift to the taxpayers of Orange and Osceola Counties. Unintended consequences?

I don’t understand how that is possible. Any linkys?:::::::

As soon as this was brought up, several pundits shot it down. It seems that some assumed that Disney debt for Reedy Creek Improvement District would be xfered to the two counties (Orange and Osceola). This is/was a false argument. Now that the law is passed, the Florida Speaker of the House said there will be mandated negotiations with Disney to unwind the current situation. This exemption (self government of a corporation) was passed in 1967, but the rewrite of the Florida Constitution took place in 1968 which abolished any further such self government. There are only 5 other special districts.

574 posted on 04/21/2022 8:40:42 PM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: Snowybear

> It’s been reported that $2B in Disney debt will shift to the taxpayers of Orange and Osceola Counties. Unintended consequences?

~~~~~~

only linkys are all from lefty sites...and my lefty pals quoted it to me within one hour of the bill coming out of the FL senate..


579 posted on 04/21/2022 8:45:15 PM PDT by bitt ( <img src=' 'width=50%> )
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To: Snowybear
maybe a clue here: https://www.clickorlando.com/news/local/2022/04/20/orange-county-mayor-worried-reedy-creek-repeal-could-mean-cost-shifts-for-taxpayers/ "“Disney has been a good community partner over the last 50-plus years,” Demings said. “They have reimbursed us 100% of the costs for the sheriff’s office, for example, who patrol the Reedy Creek Improvement District.” If the bill is passed and signed into law, it could shift Disney’s municipal service responsibility to Orange and Osceola counties. “They have been fairly self-contained. That has worked to the benefit of all Orange County residents because that has not been a tax burden to all of our residents,” Demings said."
583 posted on 04/21/2022 8:56:43 PM PDT by stylin19a (My therapist says I have a preoccupation with vengeance. We'll just see about that.)
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To: Snowybear
sorry for the no format

maybe a clue here:
https://www.clickorlando.com/news/local/2022/04/20/orange-county-mayor-worried-reedy-creek-repeal-could-mean-cost-shifts-for-taxpayers/

“Disney has been a good community partner over the last 50-plus years,” Demings said.
“They have reimbursed us 100% of the costs for the sheriff’s office, for example, who patrol the Reedy Creek Improvement District.” If the bill is passed and signed into law, it could shift Disney’s municipal service responsibility to Orange and Osceola counties. “They have been fairly self-contained. That has worked to the benefit of all Orange County residents because that has not been a tax burden to all of our residents,” Demings said."

584 posted on 04/21/2022 8:58:46 PM PDT by stylin19a (My therapist says I have a preoccupation with vengeance. We'll just see about that.)
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