Connect with us


Atlantic City Officials Wary of State Takeover

Atlantic City officials are at odds with the New Jersey state government over what they call a takeover by Gov. Chris Christie, but he says the move will “stabilize the city’s future.”

A new piece of legislation was announced Tuesday that staves off bankruptcy for the seaside resort, which is located about two hours south of New York City. Christie says the bill will give the state the power to restructure the city’s troubled finances, dissolve municipal agencies, end collective bargaining agreements, and consolidate or privatize municipal services, according to The Press of Atlantic City.

The bill is a rehash of a previous one introduced by New Jersey Senate President Stephen Sweeney, of which Atlantic City mayor Don Guardian had been critical.

“There will be things in the new bill that neither the city or the state is going to like,” said Guardian.

But the city is making its dislike of the new bill plain.



Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


3 Ways to Better Prepare for Retirement

What's Happening Now

Borgata Hotel & Spa: The Closest Thing to Vegas East of the Mississippi


Byron Allen on Buying The Weather Channel: ‘I Don’t Want to Play in the Negro League’

Business News

How and Where to Find A Financial Adviser

Careers & Finance