Atlantic City Mayor Don Guardian gives an update on Tuesday morning regarding the nor'easter that is moving through South Jersey and impacting his city.
Gov. Chris Christie's administration has until Tuesday to decide whether to accept Atlantic City's five-year financial plan or reject it in favor of a takeover.
As the state continues to debate over how it wishes to take over Atlantic City, Mayor Don Guardian is planning on closing city hall next month while maintaining essential city services. Without state aid, city workers will stop getting paychecks in a matter of days.
At a Tuesday afternoon press conference, Gov. Christie said the state will assume vast control over Atlantic City's money and decision-making, saying the city cannot get its own financial house in order and, "the only thing that is really holding Atlantic City back is its governmental structure and the debt and the cost of its government."
Following Governor Christie's pocket veto of the PILOT bill on Tuesday, Atlantic City Mayor Don Guardian says bankruptcy for the city is now back on the table.