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IPFS News Link • Governors

Disney Pulled Fast One On DeSantis, Used 'Royal Lives' Clause To Preserve Power

• https://www.zerohedge.com by Tyler Durden

The agreement gives Disney development rights throughout the district, and "not just on Disney's property," and gives the company veto authority over any public project in the district.

On Wednesday, the board said it's considering legal action over the agreement, which was reached between the entertainment giant and the outgoing board days before DeSantis signed February legislation to end Disney's self-governing status and establish a state-controlled district controlled by a five-member board appointed by the governor.

The Feb. 8 documentfirst reported by the Orlando Sentinelgrants Disney "prior review and comment" over any changes made to properties in the district, formerly known as the Reedy Creek Improvement District and now known as the Central Florida Tourism Oversight District.

That document also states that the declaration shall be enforceable "in perpetuity" or, if that is deemed unenforceable, "until 21 years after the death of the last surviving descendants of King Charles III, King of England." -NBC News

According to the BBC, the "royal lives" clause used in the agreement date back to the 17th century but are rarely used.