Gov. Ron DeSantis responded to Disney’s claim that Florida would have to pay $1 billion in bond to dissolve the Reedy Creek Improvement District.
The Walt Disney Co. has remained publicly silent since DeSantis signed a law last week dissolving the Reedy Creek Improvement District, but a letter to investors shows they’re not going down without a fight.
Disney recently told investors the state would be unable to resolve the district without paying for the district’s outstanding debt obligations of about $1 billion. In the meantime, the district is considering its options while conducting business as usual.
wflx.com
By Victoria Lewis
Published: Apr. 29, 2022 at 8:21 AM PDT