New Jersey Senator Has Bold Plans For Atlantic City

Atlantic City, New Jersey has operated under a full state takeover mode since Chris Christie was Governor of New Jersey (January 19, 2010, to January 15, 2018).

Atlantic City was incapable of operating under the usual practice of self governance.

Three Consecutive Atlantic City Mayor’s …

Bob Levy, Frank Gilliam and Marty Small have been criminally charged. It’s been a political cess pool for Atlantic City Mayor’s.

New Jersey Senator Vince Polistina Is Proposing

That Atlantic City remain under state of New Jersey control for the next decade.

Atlantic City currently operates under the Municipal Stabilization and Recovery Act (MSRA), which provides the New Jersey Department of Community Affairs (NJDCA) complete authority over the City of Atlantic City.

Since 2016, the State of New Jersey has been an active partner with the City in managing its operations and addressing significant debt issues, said Polistina. With increased gaming competition from New York City and the ongoing desire by North Jersey legislators for gaming in North Jersey, it's more important than ever that the State and City continue working together for the benefit of all residents, said Polistina.

Polistina Wants To Properly Fund The New Jersey Casino Reinvestment Development Authority

To that end, Polistina introduced two bills designed to give the New Jersey CRDA adequate funds to help stimulate business in Atlantic City.

Visit Atlantic City, which operates under the CRDA, stated two Boardwalk Hall concerts … The Who and Stevie Nix.

The local economy was very favorably impacted by these two special defects.

It takes money … to make money. Prudent spending, lIke the two examples above … have always paid great dividends for Atlantic City.

Polistina On Reinvestment For Atlantic City

There are many pieces of legislation that are critical to the future success of Atlantic City, said Polistina. Restoring funding to CRDA, extending the MSRA, and restructuring and extending the Casino PILOT (Payment in Lieu of Taxes) program, we will give the City every opportunity to thrive into 2026 and beyond, Polistina concluded.