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Florida

FBaggins

(28,088 posts)

2. Of course they can - but why would it matter?

Reply to LetMyPeopleVote (Original post)

Wed Apr 27, 2022, 05:19 AM

Apr 2022

The authors of these articles keep forgetting that the other side of the argument is the current state government.

So you say that we can't do it without the district's debt being paid off?

Ok... the debt gets paid off - which if funded by issuing new debt - which in turn is funded by the new taxes implemented to replace what RCID was charging.

But it can be even simpler than that:

You say this violates state law "unless otherwise provided by law"?

Yeah... we'll get right on that.

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Highlight:

Disney tells investors state can't dissolve special district without paying debt [View all] LetMyPeopleVote Apr 2022 OP

Statement from Disney, posted on the website of the Municipal Securities Rulemaking Board LetMyPeopleVote Apr 2022 #1

Of course they can - but why would it matter? FBaggins Apr 2022 #2

DeSanTax LetMyPeopleVote Apr 2022 #3

Rating agency warns Disney debt conflict could 'weaken' other Florida government bonds LetMyPeopleVote Apr 2022 #4