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  • New Jersey Gov. Christie backs Atlantic City takeover plan

    01/27/2016 3:40:41 PM PST · by Olog-hai · 11 replies
    Reuters ^ | Wed Jan 27, 2016 3:04pm EST | Daniel Kelley
    Atlantic City's local officials backed a revised plan proposed by New Jersey Governor Chris Christie on Tuesday that called for the city to be rescued through additional layers of state oversight and new revenue sources. The plan, which Christie introduced with state Senate President Steve Sweeney and Atlantic City Mayor Don Guardian by his side, combines elements of previous proposals to save the distressed gambling hub. [...] Christie's joint plan on Tuesday, which he said he wants to get cleared by the end of February, would allow the state to restructure city debt and terminate municipal contracts, including with labor...
  • After 23 years, a Republican takes over as mayor in struggling Atlantic City

    01/01/2014 7:21:01 PM PST · by SMGFan · 7 replies
    NJ.com AP ^ | January 1, 2014
    Don Guardian was sworn in to office today, becoming the first Republican to lead the city in 23 years.