May 17, 2016 |
At 38, Kensington-born songwriter-singer Amos Lee is at a strange point in his career. Known first for his pastorally soulful folksy blues and nice-guy earnest emotionalism that earned him No. 1 Billboard chart slots (e.g. 2011's Mission Bell ), Lee recently won a rep as a wanted songwriter and a musician's musician. Along with having penned songs and performed with country cousins Zac Brown and art hopper RJD2, Lee got a nod from Eddie Vedder during one of Pearl Jam's Philly shows, just for showing up. So the question became, going forward, what would humble Lee do with such infamy?
May 4, 2016 |
Though he said Atlantic City is financially "running on fumes," Mayor Don Guardian said the city managed to make a $1.8 million interest payment due Monday on 2012 municipal bonds and avoid becoming the first New Jersey town to default since the 1930s. The payment was wired at 10 a.m., Guardian said at a news conference shortly thereafter, and covers interest on bonds sold for funding to pay back casinos that successfully appealed their taxes. Guardian said the city has about $7 million on hand, but is getting about $1.5 million daily as May quarterly taxes come in. Residents and businesses have until next Tuesday to pay before penalties kick in, and Guardian said he expected many businesses, including casinos, to wait until then.
April 21, 2016 |
ATLANTIC CITY - If it were poker, Atlantic City might not even have enough money to ante up. But inside a city courtroom Tuesday, the broke seaside resort raised the stakes against the State of New Jersey, filing a counterclaim seeking $33.5 million in promised state aid. The city's action only intensified the ongoing drama on the Boardwalk, with the city fending off legal action from the state education commissioner over school payments and awaiting the...
April 7, 2016 |
ATLANTIC CITY - The bad news keeps piling up for Atlantic City, just days from running out of cash. A day after the State of New Jersey filed suit to compel the city to turn over tax payments due to its school district on April 15 before it meets its own payroll, a judge issued a ruling that opens the door to still more court battles with Borgata Hotel & Casino over past tax appeals. Atlantic County Superior Court Judge Julio Mendez ruled the city had violated a settlement agreement to repay $88.2 million to Borgata for appeals filed for the years 2011, 2012, 2013, and 2014.
April 4, 2016 |
South Jersey lawmakers warned the state Assembly speaker Sunday that his refusal to consider a state takeover of Atlantic City would result in "a catastrophic knock-down blow to the people of Atlantic City, Atlantic County and the region. " The letter from South Jersey's Democratic legislators, including Assembly Majority Leader Louis D. Greenwald (D., Camden), to Assembly Speaker Vincent Prieto (D., Hudson) was sent as Atlantic City is set to run out of money this week, possibly closing government for nonessential employees.
March 12, 2016
By Donald A. Guardian Three summits, two takeover bills, and an emergency manager later, and Atlantic City has not yet seen the assistance it was promised in 2014. Within the past two years, the state has hired a nationally respected emergency manager and put together a world-class team with the promise of restructuring the city's $240 million debt and negotiating a settlement for the $148 million bill from Borgata's tax appeal victories. Unfortunately, the state has neither restructured our debt nor settled the Borgata case.
March 10, 2016 |
IF YOU'VE heard that film immortal Sophia Loren is coming to Atlantic City's Borgata Hotel, Casino & Spa and are wondering exactly what she'll be doing there, don't worry. She hasn't any idea, either. "I don't know," she said with a hearty laugh during a recent phone call from her home in Geneva, Switzerland. "I think it's questions and answers. I think it's something about my career. I think it's something about my life. "People want to know about a personage like me. They want to know a little more.
February 26, 2016 |
Even if New Jersey does not pass new legislation that would let it take control of Atlantic City's finances, existing law gives the state the authority to do so, according to a memo prepared by the nonpartisan Office of Legislative Services. Under the 1947 law that let the state begin supervising the city in 2010, New Jersey could direct it to liquidate or refinance its debt, and has the power to approve new collective bargaining agreements. But the state could not dissolve existing agreements, the memo says.
February 24, 2016 |
ATLANTIC CITY - The mayor of this beleaguered seaside resort stood outside City Hall amid the town's signature background noise of wind and seagulls Monday, and did not mince words about a proposed state takeover. "Far from a partnership, it was absolutely a fascist dictatorship," Don Guardian said of the state's plan before a crowd of more than 100 city workers, police and firefighters, elected officials, civil rights leaders, water utility advocates, and representatives of the state's black mayors and League of Municipalities.
February 19, 2016 |
New Jersey lawmakers are renewing a push to let the state take control of Atlantic City's finances in an effort to prevent bankruptcy for the resort town, shaken by casino closures. Legislation outlined Wednesday comes after Gov. Christie, Senate President Stephen Sweeney, and Atlantic City Mayor Don Guardian agreed in principle last month that greater state involvement was needed. The proposal from Sweeney (D., Gloucester) and other senators would allow the state Local Finance Board to assume the "functions, powers, privileges, and immunities" of the city government for five years.