DeSantis Likely to Establish Limited Version of Reedy Creek Improvement District, According to Director of Bond Finance
Ben Watkins, director of Florida’s division of bond finance, has revealed that legislators are likely to create a successor special district to Reedy Creek Improvement District, which previously allowed Disney to manage garbage collection, infrastructure, and emergency services like the police and firefighters, according to Bloomberg.
However, this does not mean a solution will not be found. According to Watkins, DeSantis’s office has been supportive of finding a compromise. Watkins believes a limited version of the district (and its powers) will be restored next legislative session, even going as far as saying, “I’m confident that Reedy Creek will get addressed in a more meaningful way.”
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Let us know what you think of this update on the ongoing battle between the DeSantis and the Walt Disney Company over the special district in the comments below!