Florida Gov. Ron DeSantis’ appointees have given final approval to an agreement that buries the hatchet between Disney and the governing district for Walt Disney World. The governor took over the district after the company two years ago publicly opposed a state law critics dubbed “Don’t Say Gay.
FILE - The Cinderella Castle is seen at the Magic Kingdom at Walt Disney World, July 14, 2023, in Lake Buena Vista, Fla. Months after Disney and Florida Gov. Ron DeSantis’ appointees agreed to end a protracted legal fight, the two sides are set to approve an agreement Wednesday, June 5, 2024, that could result in the company investing $17 billion into its Florida resort and opens the door to a fifth major theme park at Walt Disney World.
Under the deal, Disney will be required to donate up to 100 acres of Disney World’s 24,000 acres for the construction of infrastructure projects controlled by the district. The company also will need to award at least half of its construction projects to companies based in Florida and spend at least $10 million on affordable housing for central Florida.
“It very clearly demonstrates to the world that the district and Disney are eager to resume working together for the great state of Florida,” said Robert Earl, founder and CEO of Planet Hollywood International, Inc.
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