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.
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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