August 19, 2015
The Casino Reinvestment Development Authority (CRDA) said Tuesday it is considering the idea of building a permanent stage on the beach in Atlantic City, The Press of Atlantic City reports.
Maroon 5 performed a beach concert Sunday with special guests Nick Jonas and Matt McAndrew, the local musician and former "The Voice" contestant. Rascal Flatts will headline Thursday's concert.
During the CRDA’s monthly board meeting Tuesday, Board Vice Chairman Robert Mulcahy III said a permanent stage “makes it very easy to schedule five or six of these over the summer.” However, a money source would be necessary to make it possible, he said.
Mulcahy said officials are waiting to hear whether Gov. Chris Christie will sign a bill that would virtually defund the agency.
That bill, one of five purported Atlantic City rescue bills awaiting the governor’s signature, calls for the CRDA’s lifeblood — the 1.25 percent Investment Alternative Tax on casino revenue used to partially finance some of Atlantic City’s most striking construction projects and events, including Sunday’s beach show — to be redirected to the task of helping pay the town’s approximately $36 million in annual debt service.
Sunday’s Maroon 5 show was said to have attracted 50,000 people.
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