The Casino Reinvestment Development Authority will be paying up to $1.1 million to a creditor of the Steel Pier, who was fighting them in court for a debt payment. The Press of Atlantic City reports that the payment will be made to Firestone Financial, who were threatening to take possession of some of the Steel…
Atlantic City decided to make its debt payments on Monday despite nearly being out of cash..and Governor Chris Christie is not impressed. Christie asked reporters if Mayor Don Guardian wants a gold medal for making debt payments on Monday. Christie believes Atlantic City will run out of cash sometime next week.
A sergeant with the Atlantic City Police Department has admitted to making false statements to FBI agents so he could hide money. 39 year old Kiyia Harris of Egg Harbor Township pleaded guilty in court Monday to structuring financial deals to avoid reporting requirements. Harris was in a relationship with a cocaine dealer.
The Ocean Tower hotel portion of Resorts Casino Hotel will be totally renovated by the end of next year. The Press of Atlantic City reports that Resorts took out a $20 million mortgage on their property to finance the renovations and expects to complete upgrades to 144 of their rooms by Memorial Day. Changes will…
New Jersey Congressman Frank LoBiondo helped acquire $450,000 for the Atlantic City International Airport. LoBiondo announced over the weekend the grant is coming from the Federal Aviation Administration for the purchase of a new aircraft rescue and firefighting vehicle. LoBiondo is the chairman of the House Aviation Subcommittee.
A 61 year old Atlantic City man will be spending the next 20 years of his life behind bars for sexually assaulting a seven year old girl. Victoriano Sevilla was handed the long prison sentence on Friday. Police actually walked on in the sexual assault as it was taking place in May, 2014. Sevilla lured…
USA Today is conducting a poll for the top ten boardwalks in the country and two local communities are in the top ten in the Reader’s Choice contest. As of Friday, the Wildwoods Boardwalk was No. 2 on the list, Atlantic City at No. 7, Ocean City, MD at No. 11 and Rehoboth Beach, DE at No.…
Another alternative to the proposed state government takeover of Atlantic City is being proposed in the N.J. Assembly. Assemblyman Chris Brown, R-Atlantic, told the Press of Atlantic City that he has made changes to the state takeover bill to avoid putting power in the hands of an unelected appointee. Brown’s bill would create a five-person committee…
The South Jersey Transportation Authority released their 2015 report and it revealed some interesting facts about the use of the Atlantic City Expressway. The report showed an increase in use of the roadway over 2014, but traffic through the Pleasantville Toll Plaza decreased for the sixth straight year. This suggests that more drivers travelled the…
Atlantic City Mayor Don Guardian says no, the city will not cut the salaries of council members and other essential positions in government to save money. Guardian says the city was caught off guard by comments made by Councilman Kaleem Shabazz that 20 percent pay cuts should be spread around government to reduce expenses.