Disney says Florida would have to pay nearly $1 billion to dissolve special district
The Walt Disney World complex's governing board says that when Florida created its special district, the state pledged not to alter that status unless all its debts are paid off.
Florida faces a big obstacle as it moves to strip Walt Disney World of its semi-autonomous status in the state: what to do with the special district's nearly $1 billion in bond debt.
The resort complex's governing board says that when Florida created the decades ago, the state pledged to protect the district's debt holders — and not to
