TRENTON,N.
J. — unique Jersey Governor Chris Christie’s administration has seized power in Atlantic City, taking control of the assets and major decision making power of the struggling seaside gambling resort with half a billion dollars in debt. The state Local Finance Board voted Wednesday to bewitch over the city’s main governmental functions after the state rejected a proposed five-year financial turnaround plan. The state can now sell assets including the former Bader Field airport property and the city’s much-coveted […]
Source: pix11.com