ICHAN NOW OWNS TRUMP TAJ MAHAL
Carl Ichan now owns the Trump Taj Mahal. A court made it official on Friday and now Ichan owns the Taj clear from a Chapter 11 reorganization. Ichan also owns the Tropicana Resort in Atlantic City.
NEW JERSEY CAN’T BORROW ANY MORE CASH FOR ROAD PROJECTS
New Jersey cannot borrow any more money to pay for road and bridge projects. The New Jersey Office of Public Finance announced just before the weekend that the state no longer has any borrowing leverage left to pay for necessary projects. The state’s transportation trust fund is nearly broke and so far there’s no deal…
CHRISTIE HITS THE ROAD OVER THE WEEKEND TO PUMP UP TRUMP
New Jersey Governor Chris Christie is spending part of his weekend campaigning for Donald Trump. Christie is expected to be in Oklahoma, Arkansas, and Tennessee this weekend in behalf of Trump. Trump’s campaign is paying for Christie’s travel expenses, not state taxpayers.
CHRISTIE PRESSURES GOP LEADERS IN NEW JERSEY TO BACK TRUMP
I backed Trump, now you should too. That message coming from Governor Chris Christie, who has asked all 21 county republican leaders in the Garden State to support Trump for president. Christie held a conference call with all 21 county party chairpersons following his endorsement of Trump in Fort Worth, Texas. Some party leaders are…
PROPOSED MERGER INVOLVING PARENT COMPANY OF AC ELECTRIC DENIED
A proposed takeover involving the company that owns Atlantic City Electric was denied by regulators in Washington, DC. The takeover would have resulted in Exelon Corporation taking over Pepco Holdings Inc. for $6.8 billion. Regulators now say they would instead consider a combining of the companies; both sides have two weeks to work out a…
VINELAND HIGH SCHOOL SEEKS BURGLARY SUSPECTS
Vineland Police are looking for burglars who stole computer equipment from Vineland High School South last weekend. Police say the bandits ripped off about $5,000 worth of computer equipment from the school; they were captured on surveillance video. Police believe the burglars were familiar with the building and conducted the burglary in less than 15…
OCEAN CITY COUNCIL DISCUSSES BUDGET, SMALL TAX INCREASE POSSIBLE
The Ocean City Council met Thursday night and talked at length about the new 2016 municipal budget. The spending plan includes a proposed increase of one penny in the local tax rate. Officials discussed how the one cent increase will help Ocean City finance a myriad of capital improvement projects in the coming years.
FRIDAY UPDATE: PHOTO RELEASED OF BANK ROBBER, NO ARRESTS
So far no arrests have been made in connection with a bank robbery Thursday in Lower Township. Cape May County Prosecutor Robert Taylor says the investigation continues into the incident that involved an armed robber at the Crest Savings Bank branch in North Cape May. The robber escaped after the holdup, there were no injuries.
NEW MOTOR VEHICLE OFFICE IN NORTH CAPE MAY OPEN FOR BUSINESS
It’s been a brisk day of business at the brand new motor vehicle office in Lower Township. The new office opened this morning and many people dropped in for a look-see. The new office is located at the Breakwater Plaza; the former location in Rio Grande closed Tuesday for good.
CHRIS CHRISTIE ENDORSES DONALD TRUMP FOR PRESIDENT
Chris Christie is now on Team Donald Trump. Christie held an event on Friday afternoon and firmly put his political support behind Trump for president. During the announcement, Christie said that there is no better person to lead this country than Trump.