Newly uncovered documents and videos show that Disney acted fast to sneak out power from the former Reedy Creek board before the state of Florida took over the special taxing district. On February 8th, during a public meeting of the board of supervisors, the first of two agenda items that would ultimately give Disney enormous control over the future development of its resort property while stripping away the special district's future power was discussed. Less than one minute later, the board unanimously approved the agreement that gives Walt Disney World Parks and Resorts more control over how it develops its property. However, no one realized the significance of the board's move, based on limited comments made during the public hearing.
A month earlier, Disney and its former board signed agreements that gave Disney the ability to build high-density projects or buildings of any height and to sell or assign development rights, without board approval. The agreement also included a Royal Lives Clause that extends the life of the agreement. This basically hands Disney the power to hold on to the land for the next 100 years if one of King Charles III's grandchildren lives to be 80. To add salt to the injury, the agreement also bans DeSantis' new board from using Disney's name or any of its characters.