After a hearing in which several business owners, including those who run restaurants and bars at Disney World locations, urged the board to work with Disney, Garcia said the board would seek to raise taxes to pay for its legal fees in evaluating and combatting what he called “eleventh-hour agreements.”
But before the DeSantis-selected board was in place, Disney in February reached an agreement with the outgoing board that seemed to render the body powerless to control the entertainment giant. The DeSantis administration was unaware of the agreement for a month and vowed retribution after it became public.
In Wednesday’s meeting, the board’s special general counsel, Daniel Langley, walked through its legal argument for nullifying the deal between Disney and the previous board. “The bottom line is that a development agreement has to be approved by the governing body of a jurisdiction, and that didn’t happen from the cities that have jurisdiction,” Langley said.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »