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To: Red Badger

there is some kind of issue that might be a problem. seeing conflicting reports on twitter about this

https://www.dailymail.co.uk/news/article-10735801/Florida-counties-end-footing-Disneys-1B-bond-debt-DeSantis-rips-special-status.html


48 posted on 04/20/2022 11:05:34 AM PDT by RummyChick
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To: RummyChick
Techincally yes, it would fall back to the counties BUT Disney is not paying any taxes to Florida as far as I can see. From the article:

Under that agreement, Disney runs the district as the entertainment juggernaut were a local government, including collecting taxes and guaranteeing essential public services such as garbage collection and water treatment.

The district is governed a Board of Supervisors selected by its 19 landowners, the biggest and most influential of them being Disney World.

It also has the authority to tax the land and use the revenue to provide essential public services and operate and maintain all public roads and bridges.

So Florida could tax them out of existence once they have control again. I'll be they could make a lot more than it's going to cost.

61 posted on 04/20/2022 11:12:32 AM PDT by DouglasKC
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