Quote:
Originally Posted by Madelaine Amee
Putting aside all the "opinions" being written on this site, people have forgotten the real reason Disney got this benefit .... it was an incentive to get them to build in Florida. To build in an area of Florida which was literally a sand box. Nobody wanted to move inland in those days, everyone was headed for the breaches.
Any smart attorney (and Disney probably has dozens of them on call) can site this clause and then call the case one of malice for going against the politics in Florida They can then suggest very loudly that if they are denied special privileges granted to them in the 1960s, what about the dozens of other developers who are benefiting from the same clause they were offered.
This is a no win any way you look at it and could end up being disastrous for Florida.
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Exactly. They invested huge amounts of money into land that was basically swamp and pasture and became the biggest employer in Florida. It was a prime example of public/private partnership. It would certainly give pause to other corporations thinking of coming to the state. Not to mention the tax consequences of this. Disney can hand off all the costs of road maintenance, waste disposal, fire protection, policing, etc. possibly repayment on bonds. And who would be paying those costs? Taxpayers of course. Another dumb move, right up there with banning 40% of math textbooks.