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MOODY’s Explains Outcome of Atlantic City PILOT & Take-Over Plans

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News, Politics and Real Estate from Brigantine, New Jersey

New Jersey lawmakers will soon consider a pair of bills to help Atlantic City. One of them, the “Municipal Stabilization and Recovery Act” would give the state much greater control of the local government. The other would allow the Atlantic City Casinos to make payments in lieu of taxes, otherwise known as the PILOT bill. The financial ratings agency […]

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