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ElwoodBlues · M
To be fair, the bill did rename the "Reedy Creek District" to "Central Florida Tourism Oversight District," so there's that.
DeSantis had a problem: if he dissolved the district, the law creating the district said the state would be responsible for any outstanding debts. And the district has about $1 billion in outstanding bonds to be redeemed over time. So the only option was a cosmetic re-naming.
DeSantis had a problem: if he dissolved the district, the law creating the district said the state would be responsible for any outstanding debts. And the district has about $1 billion in outstanding bonds to be redeemed over time. So the only option was a cosmetic re-naming.