Atlantic City to borrow $38 million to settle tax appeals - pressofAtlanticCity.com: Atlantic City News

Atlantic City to borrow $38 million to settle tax appeals

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Posted: Wednesday, November 2, 2011 10:09 pm | Updated: 7:17 am, Thu Nov 3, 2011.

ATLANTIC CITY - City Council voted 6-1 Wednesday night to borrow $38.5 million to settle up with taxpayers - casinos, mainly - who have overpaid on property taxes.

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