Gov. Christie signs Atlantic City rescue package

Gov. Chris Christie has signed a package of bills designed to keep financially troubled Atlantic City from running out of money. The governor signed the bills Friday. They were approved by state lawmakers

News 12 Staff

May 28, 2016, 1:06 AM

Updated 2,877 days ago

Share:

Gov. Christie signs Atlantic City rescue package
Gov. Chris Christie has signed a package of bills designed to keep financially troubled Atlantic City from running out of money.
The governor signed the bills Friday. They were approved by state lawmakers Thursday following a drawn-out political fight.
"These new laws will ultimately accomplish my mission to reform Atlantic City's overblown municipal government, and in turn protect local and state taxpayers from being perpetually abused by the special political interests who admit to owning this city's elected officials," Gov. Christie said in a statement.
The statement continued, "This legislation means no more business as usual. It embraces my demand that Atlantic City immediately account for every dollar it receives and spends, and triggers a series of strict conditions and rigorous requirements the city must meet immediately."
The governor told radio station 101.5FM on Thursday that signing the measures means Atlantic City has until Oct. 24 to get its act together. He says the state will "do what needs to be done" if the city doesn't deliver.
Atlantic City's tax base has contracted since four of its 12 casinos closed.
Atlantic City Mayor Don Guardian calls the bills "huge." He says Atlantic City wants people to know the shore is open for business.
The Associated Press wire services contributed to this report.


More from News 12
1:42
'She was the glue.' Loved ones call for justice for Passaic woman killed in hit-and-run

'She was the glue.' Loved ones call for justice for Passaic woman killed in hit-and-run

2:15
Scattered severe storms possible Sunday night in New Jersey

Scattered severe storms possible Sunday night in New Jersey

0:32
Prosecutors: Howell woman indicted in Monmouth County crash that killed 3-year-old

Prosecutors: Howell woman indicted in Monmouth County crash that killed 3-year-old

Iran fires drones and ballistic missiles at Israel in unprecedented revenge attack

Iran fires drones and ballistic missiles at Israel in unprecedented revenge attack

0:54
Clean Ocean Action hosts 39th Spring Beach Sweep in Sandy Hook

Clean Ocean Action hosts 39th Spring Beach Sweep in Sandy Hook

0:30
Out in the street: Bruce Springsteen makes it to Mohegan Sun show after flat tire in Jersey

Out in the street: Bruce Springsteen makes it to Mohegan Sun show after flat tire in Jersey

0:16
Police: Elizabeth man charged with sexually assaulting 2 children

Police: Elizabeth man charged with sexually assaulting 2 children

2:39
Police: 3 people in van on way to adult day care center killed in crash in South Brunswick

Police: 3 people in van on way to adult day care center killed in crash in South Brunswick

Police: Truck driver, toll booth attendant seriously injured in crash at Barnegat Toll Plaza

Police: Truck driver, toll booth attendant seriously injured in crash at Barnegat Toll Plaza

1:35
CDC: Measles could lose 'elimination status' amid uptick across the U.S.

CDC: Measles could lose 'elimination status' amid uptick across the U.S.

0:51
IRS warns public about potential tax scams as Tax Day deadline approaches

IRS warns public about potential tax scams as Tax Day deadline approaches

2:27
Congress investigates rise in antisemitism at Rutgers, including incident involving student 2 weeks ago

Congress investigates rise in antisemitism at Rutgers, including incident involving student 2 weeks ago

0:22
Elizabeth man sentenced to 25 years in prison for road rage rampage

Elizabeth man sentenced to 25 years in prison for road rage rampage

0:56
Jersey Proud: Miracle League of Mercer County to hold first game of season

Jersey Proud: Miracle League of Mercer County to hold first game of season

0:18
Prosecutor: 4th person charged in New Brunswick shooting that injured 2 Rutgers students

Prosecutor: 4th person charged in New Brunswick shooting that injured 2 Rutgers students

0:20
Newark officials postpone plans for overnight curfew for minors

Newark officials postpone plans for overnight curfew for minors

1:52
New York Red Bulls to hold annual Autism Acceptance match for families with autism

New York Red Bulls to hold annual Autism Acceptance match for families with autism

1:59
Fire destroys iconic restaurant DP’s Pub and Seafood Grill in Garfield

Fire destroys iconic restaurant DP’s Pub and Seafood Grill in Garfield

0:29
Officials: More than 70 lab mice at Seton Hall euthanized due to neglect

Officials: More than 70 lab mice at Seton Hall euthanized due to neglect