In response to new regulations, Disney Vacation Club (DVC) resorts situated in Florida are altering their board meeting schedules. This shift from annual to quarterly meetings aims to enhance transparency and engagement among DVC members. This article provides an overview of the changes and their implications for DVC owners.
New Quarterly Meeting Schedule
Starting in September 2024, Disney Vacation Club will implement quarterly board meetings across its Florida-based properties. These meetings will occur four times a year, replacing the previous annual format. The first quarterly meeting is scheduled for September 26th, 2024, with details on location, time, and RSVP methods to be announced later.
Historical Meeting Practices
Traditionally, DVC hosted a single, combined meeting for the board of directors, members, and general program updates every December at Walt Disney World. This year, the December meeting will still occur but will be divided into separate sessions. DVC leadership will host a general session and reception on December 12th, 2024, while board and member meetings for each resort will take place on December 10th and 11th.
Legislative Background
The changes are in compliance with Florida HB 1021, effective from July 1st, 2024. The law mandates that residential condominiums with 10 or more units conduct meetings at least quarterly. These meetings must allow owners to ask questions about construction projects, budgetary issues, and other relevant topics. All owners are permitted to attend and record the meetings, ensuring greater transparency.
Impacted Resorts
The resorts affected by this change include:
- Disney’s Old Key West Resort
- Disney’s Vero Beach Resort
- Disney’s BoardWalk Villas
- Boulder Ridge Villas
- Copper Creek Villas & Cabins
- Disney’s Saratoga Springs Resort & Spa
- Disney’s Animal Kingdom Villas
- Bay Lake Tower at Disney’s Contemporary Resort
- Villas at Disney’s Grand Floridian Resort
- Disney’s Polynesian Villas & Bungalows
- Disney’s Riviera Resort
The Cabins at Disney’s Fort Wilderness Resort are exempt due to their status as a trust rather than a condominium association. Additionally, resorts located outside Florida are not impacted by this change.
Conclusion
The transition to quarterly board meetings at Florida-based Disney Vacation Club resorts marks a significant shift aimed at improving communication and accountability. DVC members are encouraged to participate actively in these meetings to stay informed about developments and decisions affecting their properties.