Why Disney will pay off those Reedy Creek bonds
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…the Republicans have a solution for paying off this debt without burdening Florida’s taxpayers. In fact, the solution is so elegant and devastating that the Walt Disney Company will rush at the opportunity to pre-emptively pay off these RCID bonds themselves before this scheme could be implemented.
If you can read a map, then the solution is obvious. Visit Disney’s helpful website and you will learn thatall the entrances to the Disney World Attractions are from three exits off Interstate 4.
The State ofFlorida could set up toll booths at all the roads leading to the Disney World attractions and charge $20 or more per car, $50 per van, and $300 or more per bus. In 2019 over 30 million visitors paid to visit the Magical Kingdom and Epcot Center, and that’s not counting all the other attractions in Disney World. That represents a lot of toll revenue that Florida could collect. With that revenue stream in place, it could issue Revenue Bonds to the market to raise the $1 billion from investors to pay off the RCID bonds when it dissolves the RCID.
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https://www.americanthinker.com/blog/2022/04/why_disney_will_pay_off_those_reedy_creek_bonds.html