AC Primetime w/ Mel Taylor. Atlantic City News, Info, Events.

In an effort to stimulate economic growth and development, Atlantic County and the City of Atlantic City are offering two loan programs for businesses in Atlantic City and portions of the county to promote job creation, revitalize communities and increase the ratable base. Funding for the loans that are administered by the Atlantic County Improvement Authority (ACIA) is provided by the U.S. Department of Housing and Urban Development’s (HUD) Section 108 program which allows communities to leverage their Community Development Block Grant funds into federally guaranteed loans for economic revitalization.

“We’re very pleased to offer these programs for the purpose of growing our local businesses and generating jobs for our residents,” stated County Executive Dennis Levinson. “As our current lead economic development agency, the ACIA has taken the initiative to pursue and successfully acquire the use of $6 million in federally-guaranteed funding.”

The 108 Loan Program can provide for-profit businesses with loans up to 40 percent of the project cost at a maximum of $400,000 with repayment terms of 10-20 years. One job must be created for every $35,000 spent. A non-refundable $200 application fee is required.

LISTEN HERE > MAX SLUSHER OF ACIA ON MEL TAYLOR RADIO SHOW

 

The Micro Loan Program offers loans between $1,000 and $35,000 to start up businesses that meet the HUD criteria of low to moderate income. Preference is given to borrowers with at least six months to one year experience. Fifty-one percent of an applicant’s new hires should be of low to moderate income and should preferably live within Atlantic County. A non-refundable $100 administrative fee is required at time of loan processing.

Both loan programs are available to businesses located in municipalities that participate in the Community Development Block Grant as well as Atlantic City.

For more info visit:Atlantic County Improvement Authority

or call Max Slusher, ACIA Economic Development Director, (609) 343-2157.

WTF

Atlantic City is out of control. The City Council that is. NJ Governor Christie is pointing his finger directly at the occupants of City Hall in Atlantic City.

Bloated.....fill in the blanks.

Even while fiscal promises were made year after year, some on council decided to totally ignore their public pledge.

Atlantic City Councilman; George Tibbit

ATLANTIC CITY, N.J. (WPVI ACTION NEWS) --Nearly a year ago, Atlantic City council members were stripped of their take-home cars, and were told to only use them for official business.

Leading the charge was Councilman George Tibbitt who, even back in 2012, voluntarily agreed to turn in his city car. So imagine our surprise when we saw a municipal car parked in front of his house during multiple random checks in the last four months.

Watch full COUNCIL CAR ABUSE report > Action News

 

 

Easter in Atlantic City is always more fun when it includes Steel Pier.

Click to listen as Anthony Catanoso calls into AC Primetime Radio to talk Easter eggs and pancakes, amusement rides, Tony Rodio, Zip-lines, The Observation Wheel, Glenn Straub & Revel, Bart Blatstein & Showboat...and more...

Click to listen >

Monica Coffey

Margate's Monica Coffey is one of many who help protect the environment and quality of life along the South Jersey shore. Click to listen as Monica calls into 'AC Primetime' Radio.

Topics covered:

* Single-use Plastic Bags

* Bike & Pedestrian Plans

* Jitneys

FYI:

Ventnor and Margate are working on a plan to improve bicycling and walking conditions on the streets, as well as the Boardwalk. Find out more:

 

Visit www.ventnor-margate.com for more info.

Real Estate is finally rebounding nicely on Absecon Island. Well, some of the towns are doing better than others, but we'll take it. Larry Campbell from Balsley Losco joins AC Primetime Radio to discuss Real Estate opportunities in Atlantic City, Ventnor, Margate & Longport.

Listen to Larry >

The New Jersey Governor has been quite effective in using Twitter & YouTube lately., especially when it comes to Atlantic City.

Listen to Governor Chris Christie as he's featured on AC Primetime News Radio with Mel Taylor.

 

 

Atlantic City warns employees of potential last paycheck. Governor Christie ready to sign 2 bills, only if they are exactly to his liking. Straub & Revel ignored by the haters, no coverage from Press of Atlantic City and local new radio.

Click to listen to AC Primetime Radio for March 22, 2016 >>

Atlantic City Councilman; Jesse Kurtz handles the 6th ward. He called AC Primetime Radio to discuss Bader Field, the MUA, Glenn Straub & Revel, CRDA land banking.....and more.....

Listen >

Straub at City Council, March 16, 2016

WATCH VIDEO > On Tues, March 15, Atlantic City officials toured the Revel property. “Amazingly intact and in great condition” is what they reported after the 90 minute tour. Much of what they saw was in direct conflict with daily inaccuracies being reported by local news radio.

For the past 15 months, media pundits regularly questioned Glenn Straub's sanity, as well as his interest/ability to re-open Revel in Atlantic City. One particular news director virtually swore Straub & Revel were doomed. One by one, those rumors, accusations and innuendo are proving to be wrong. Really wrong.

When no one else could or would, Florida real estate developer Glenn Straub stroked a $82 mil check. He took ownership of Revel. Jealousy ensued, as cold, hard cash snagged this premium, 20 acre plot along the Atlantic City Boardwalk.

https://youtu.be/08mACPfvXE0

Instead of being seen as an economy-boosting hero, Straub endured 15 months of red tape, fines, electricity shut-downs and eminent domain threats.

Glenn Straub has often been the target of taunts from manipulated Radio newscasters, reporters and politicians. Some are not shy about wanting Straub to sell Revel and cash-out with a big payday...even if Revel and it's jobs supply would sit dormant even longer.

Officials from Atlantic City toured Revel property on March 15, 2016.

* Dale Finch; Director of Licence & Inspections

* Elizabeth Terenik; Director of Planning & Development

* Scott Evans; Fire Chief

* Wally Shields; Construction Official

After some face time with Straub, the city's team was escorted through the building by Revel's facility manager. It was a comprehensive inspection that took about 90 minutes. Finch & Terenik deserve credit for that smart reach-out to Straub, effectively 'scooping' the local news outlets.

The Real Facts About Revel:

* Revel is 99% ready for business.

* 500 guest rooms are ready. (out of 1500)

* There is now a 'Ropes' course in the lobby.

* Clubs are ready. HQ is not part of re-opening plan.

* Swimming Pool prepped and good to go.

* Jobs. Lot's of them. At least a few hundred. Job fair is planned.

* Public safety, inspections & planning execs say Revel is “amazingly intact” & in “great condition”.

* Gaming machines, tables & chairs in place, like-new condition.

* Hotel rooms are clean with perfect beds, furniture, light fixtures, drapes, artwork.

* Restaurants, hotel rooms and gaming floors look ready to go. Everything in place.

BS exposed. Haters denied. Rumors proven false.

* Tractor trailers taking valuables OUT of Revel? Nope. They were actually bringing stuff IN to Revel. Kitchen appliances and related items were being delivered from satellite storage areas.

* Rumors about mold due to lack of AC & Heating? Total nonsense.

Today, Straub is now on the verge of finally opening the former Revel as a 500 room resort and casino. More rooms will come online soon. June 15 is target opening date. His application is currently under review by New Jersey Division of Gaming Enforcement. 

Will somebody try one last time to thwart Glenn's approval for a NJ casino license? Probably. Would some short-sighted nitwits try to effectively kill the much needed positive press and 500 jobs this re-opening no doubt would produce? Probably. But they will ultimately fail. A new Revel could eventually put 2000 - 3000 people to work, according to Straub as he addressed City Council on Wed. night, March 17.

Some have tried to position Straub as slightly eccentric. He's in good company. Steve Jobs, Steve Wynn,

Small & Straub

On Wed. night, March 16, Council may decide to take-over the city’s water authority. They could also vote on selling the former Bader Airport Field for at least $155 million.

Atlantic City Council President; Marty Small, called into ACprimetime News Radio this morning.

Mr. Small is the esteemed, Atlantic City Council President. The councilman shares his thoughts on Bader Field, and the MUA water company issue. The Jingoli development firm and Glenn Straub are mentioned as well.

Converting the Water Authority (MUA) into the Atlantic City Water Department and auctioning Bader Field would be subject to state approval.

Listen now.