The bond was already made. The amount owed is what's being calculated thanks to Disney's inhouse credit default swaps. Disney is a braindead corpse on lifesupport. This was shifting of that burden.
The liability of bond debt from an improvement district to a county, which had no say on its issuance, is very likely challengeable in court. I suspect that Orange and Osceola county will succeed in leaving RCID's creditors holding the bag.
That being said, Orange and Osceola are blue counties. I see no reason why red Florida man would care what happens to them.
Only if Florida man decides to raise taxes instead of cutting spending.
In which case Disney gets to enjoy the same shit roads the rest of Florida lives with.
Where are you that the roads are bad? Ive only seen amazing roads with intersections built for maximumm visibility.
Northeast is where the roads are bad because democrat run shitholes funnel tax money into diversity rather than repairing roads after winter.
The bond was already made. The amount owed is what's being calculated thanks to Disney's inhouse credit default swaps. Disney is a braindead corpse on lifesupport. This was shifting of that burden.
The liability of bond debt from an improvement district to a county, which had no say on its issuance, is very likely challengeable in court. I suspect that Orange and Osceola county will succeed in leaving RCID's creditors holding the bag.
That being said, Orange and Osceola are blue counties. I see no reason why red Florida man would care what happens to them.
Courts have been siding with the bond holders.