Condo Meeting Discussions

[Wedgeout]

Those 2042 resorts are ALL bought and paid for. They are not knocking the place down & starting fresh. Dues and the yearly budget, being presented & approved in front of us, at these two days of meetings. Dues are what keeps these resorts afloat now. Active freshly built resorts are still making sales to pay the place off. They really would have no need to charge a buy in fee at all, for a recycled 2.0, 2042 resort. But they definitely still will..it’s in their Disney Corporation, stock holder pacifying DNA. Just keep on charging the outrageous dues each year. Year after year, it’s all about that 3 piece pie. (Ad Valoram Taxes, Reserves, & Operating).

 

[mkatsy]

Separate threads please...

I am so disappointed to not be there Tuesday morning... Would have meant unfortunately almost an entire day off work, and decided to use that time for an actual Disney trip...

Had I known how much news would break this week! Well, might have made a different choice!

I did take today off work to go but there are plenty of people there to relay the news. I’m gonna use my day off to Christmas shop and wrap presents.

 

[Wedgeout]

OKW meeting this morning. Same voting stuff. Met OKW manager Joe Caruso. Good turn out in the room. Enjoyed this one.

 

[AstroBlasters]

Those 2042 resorts are ALL bought and paid for. They are not knocking the place down & starting fresh. Dues and the yearly budget, being presented & approved in front of us, at these two days of meetings. Dues are what keeps these resorts afloat now. Active freshly built resorts are still making sales to pay the place off. They really would have no need to charge a buy in fee at all, for a recycled 2.0, 2042 resort. But they definitely still will..it’s in their Disney Corporation, stock holder pacifying DNA. Just keep on charging the outrageous dues each year. Year after year, it’s all about that 3 piece pie. (Ad Valoram Taxes, Reserves, & Operating).

Big Pine Key was built and paid off… but they still remodeled and flipped it to DVC and charged full boat to buyers (with a “fire sale” to close it out).

I don’t see a reason they wouldn’t do the same thing here except a massive change to the point chart…. unless they want to tear the whole thing down and build something bigger.

 

[Brian Noble]

unless they want to tear the whole thing down and build something bigger.

Or level it and build something with reconfigured rooms. It's been a long time since they built something with the DVC 2.0 bones, and the newer layouts are all IMO superior. (I don't think you can gut it and do this, because the windows already are where they are.)

 

[AstroBlasters]

Or level it and build something with reconfigured rooms. It's been a long time since they built something with the DVC 2.0 bones, and the newer layouts are all IMO superior. (I don't think you can gut it and do this, because the windows already are where they are.)

Sure… if they think that has the highest ROI.

 

[Brian Noble]

There is also the matter of whether or not one wants to keep trying to keep an 80-year-old (or older) building running. I mean, you can---the house I just bought was bulit in 1932---but maybe you don't want to since you can recoup the cost of building it afresh.

 

[Brianstl]

Those 2042 resorts are ALL bought and paid for. They are not knocking the place down & starting fresh. Dues and the yearly budget, being presented & approved in front of us, at these two days of meetings. Dues are what keeps these resorts afloat now. Active freshly built resorts are still making sales to pay the place off. They really would have no need to charge a buy in fee at all, for a recycled 2.0, 2042 resort. But they definitely still will..it’s in their Disney Corporation, stock holder pacifying DNA. Just keep on charging the outrageous dues each year. Year after year, it’s all about that 3 piece pie. (Ad Valoram Taxes, Reserves, & Operating).

I actually think they most definitely will knock them all down over a decade. We are talking about 17 years from now. They will tear down those buildings and replace them with buildings that can seamlessly accommodate the latest technology that will allow them to basically clean the rooms with zero employees and automate much of the back of the house operations. They will build resorts that have machines doing 75% of the work humans do now.

 

[Hubalorian]

Just thought I’d drop this information here, idk where else to put it. Disney is filing 15 lawsuits against Orange County over the county’s taxation assessments on its theme parks and resorts. I would assume that would include some of the DVC resorts.

 

[mkatsy]

Just thought I’d drop this information here, idk where else to put it. Disney is filing 15 lawsuits against Orange County over the county’s taxation assessments on its theme parks and resorts. I would assume that would include some of the

go get ‘um Mickey

 

[airjay75]

Quick Google News search. I see mentions of Grand Floridian, Fort Wilderness, and Contemporary Resort amongst those that could potentially impact DVC. But are the property taxes assessed separately to the DVC and non-DVC sections of each resort? If separate, would it actually impact the DVC side? Not sure.

 

[Wedgeout]

Just thought I’d drop this information here, idk where else to put it. Disney is filing 15 lawsuits against Orange County over the county’s taxation assessments on its theme parks and resorts. I would assume that would include some of the DVC resorts.

Lost their property control authority of “Reedy Creek” to the “CFTOD…put all this in motion. Before had no need to sue themselves wheeling & dealing with the county personally.

 

[mkatsy]

Quick Google News search. I see mentions of Grand Floridian, Fort Wilderness, and Contemporary Resort amongst those that could potentially impact DVC. But are the property taxes assessed separately to the DVC and non-DVC sections of each resort? If separate, would it actually impact the DVC side? Not sure.

You can go to the “Orange County Clerk of the Court” and pull up the lawsuit. It’s public record. I can’t do it on my phone it’s too small it probably lists the tax ID in the complaint.

 

[erionm]

Lost their property control authority of “Reedy Creek” to the “CFTOD…put all this in motion. Before had no need to sue themselves wheeling & dealing with the county personally.

Lawsuits over property valuations started long before the state took over RCID.

 

[Wedgeout]

Lawsuits over property valuations started long before the state took over RCID.

No doubt but went a bit better when you controlled your government.

 

[erionm]

No doubt but went a bit better when you controlled your government.

CFTOD (RCID) has zero control over property values. Those are set by either Orange County or Osceola County. Disney routinely sues over what they consider improper valuations.

 

[Sandisw]

Threads have started so I will link here.

Thread 'General 2025 Condo Meetings Discussion'
https://www.disboards.com/threads/general-2025-condo-meetings-discussion.3976240/