De’santis Can’t dissolve Disney until 2029 due to bond issuance
Radio Underland

De’santis Can’t dissolve Disney until 2029 due to bond issuance

E 2022-05-02
Florida Can’t Dissolve Reedy Creek Because It Promised Bondholders It Wouldn’t   One of the big issues in dissolving Reedy Creek is what will happen to the bond debt that it currently has. Should the District be dissolved, then that debt — which is estimated to be more than $1 billion — would theoretically be passed on to the taxpayers of Orange County and Osceola County. However, according to the bonds that Reedy Creek sold, dissolution of the district could not legally happen until 2029 — at the earliest. Another Food processing fire!  
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