Disney’s Reedy Creek Improvement District (“RCID”) has essentially died (in some ways) thanks to a bill passed by the Florida legislature. But Disney’s not going down without a fight, right? Well…it’s not that simple.
©Spectrum News 13
For over 50 years, the established RCID structure has given Disney a lot of power over the land on which it operates in Orlando, Florida. As the majority landowner, Disney has been able to select people “friendly” to the Company to serve on the Board of Supervisors that makes critical decisions related to the land that is home to Disney World’s theme parks. Key parts of that structure will be changing soon, and Disney might just “let it happen.” Here’s why.
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