Talk of The Villages Florida - View Single Post - IRS and VCDD Bonds
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Old 09-15-2009, 07:21 PM
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Quote:
Originally Posted by katezbox View Post
I know this is picky - but Disneyland is not in Florida. Since we are discussing a precise topic (i.e. bonds and finance) I think accuracy is important. I know at one time, in addition to Celebration, Disney had another CDD called Reedy Creek. From the link posted, I no longer see them.

Walt Disney World is a for profit business. A CDD is designed to provide a developer or landowner with a way to create financing for a project. Disney itself cannot be a CDD - but may be able to use one.

This link is to a pdf on CDDs that is very helpful. The course given by the VCDD (and the info on their website) are also great.

web.naplesnews.com/media/pdf/2009/hopping.pdf
The Reedy Creek Improvement District may not be listed on that link but it is still active according to their web site and located in Disney World. I had the name wrong.