Page "Epcot" Paragraph 9

After Disney's death, The Walt Disney Company decided that it did not want to be in the business of running a city without Walt's guidance.

The model community of Celebration, Florida has been mentioned as a realization of Disney's original vision, but Celebration is based on concepts of new urbanism which is radically different from Disney's modernist and futurist visions.

However, the idea of EPCOT was instrumental in prompting the state of Florida to create the Reedy Creek Improvement District ( RCID ) and the Cities of Bay Lake and Reedy Creek ( soon renamed Lake Buena Vista ), a legislative mechanism which allows the Walt Disney Company to exercise governmental powers over Walt Disney World.

Control over the RCID is vested in the landowners of the district, and the promise of an actual city in the district would have meant that the powers of the RCID would have been distributed among the landowners in EPCOT.

Because the idea of EPCOT was never implemented, the Disney Corporation remained almost the sole landowner in the district allowing it to maintain control of the RCID and the cities of Bay Lake and Lake Buena Vista ; Disney further cemented this control by deannexing Celebration from the RCID.