Disney World President Jeff Vahle Releases a Statement on Reedy Creek Bill. The Bill that is set to restructure Disney’s Reedy Creek Improvement District has just been filed with the House of Representatives in Florida. Without trying to add any spin to this, we will just give you the statement from Jeff Vahle. This is an ongoing news story and the Florida House Bill is 189 pages. We will have time to dissect it all over the coming days.
“We are monitoring the progression of the draft legislation, which is complex given the long history of the Reedy Creek Improvement District. Disney works under a number of different models and jurisdictions around the world, and regardless of the outcome, we remain committed to providing the highest quality experience for the millions of guests who visit each year.”
Jeff Vahle, President, Walt Disney World Resort
Related: Disney’s Reedy Creek Improvement District Restructuring Bill has Passed the House
This is what was on the Docket today for a Special Session: Notice is hereby given of intent to seek legislation before the Florida Legislature, during a regular, extended, or special session, of an act relating to the Reedy Creek Improvement District, Orange, and Osceola Counties; amending, reenacting, and repealing Chapter 67-764, Laws of Florida, and decree in chancery no. 66-1061 (May 13, 1966).
Removing and revising powers of the District; increasing state oversight, accountability, and transparency of the District; revising the selection process, membership qualifications, and compensation for the governing body of the District; ensuring debts and bond obligations held by the District remain with the District and are not transferred to other governments by retaining the District’s authority related to indebtedness and taxation; revising the District’s authority over local permitting and regulation.
Revising the District’s regulatory framework and structure; instituting reporting requirements, including a review of the District’s remaining powers; describing the District boundaries and name; revising exceptions to general law and certain special acts; removing duplicative provisions; making conforming changes; creating an exception to general law; providing an effective date.
Related: Bob Iger, Josh D’Amaro, and Jeff Vahle were Spotted at Walt Disney World
Disney World President Jeff Vahle
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