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Casino Reinvestment Development Authority

Governmental agency of New Jersey, US

Summary

Governmental agency of New Jersey, US

FieldValue
agency_nameState of New Jersey
Casino Reinvestment Development Authority
logoSeal_of_New_Jersey.svg
logo_width150px
formed1984
jurisdictionNew Jersey
headquarters15 S. Pennsylvania Ave.
Atlantic City, NJ 08401
chief1_nameModia Butler
chief1_positionChairman
chief2_nameSean Pattwell
chief2_positionExecutive Director
chief3_nameMaisha Y. Moore
chief3_positionDeputy Executive Director
websitehttp://www.njcrda.com/

Casino Reinvestment Development Authority Atlantic City, NJ 08401 The Casino Reinvestment Development Authority or CRDA is a New Jersey state governmental agency that was founded in 1984 and is responsible for directing the spending of casino reinvestment funds in public and private projects to benefit Atlantic City and other areas of the state. From 1985 through April 2008, CRDA spent US$1.5 billion on projects in Atlantic City and US$300 million throughout New Jersey. "30 Years of Casino Gaming", The Press of Atlantic City, accessed June 7, 2008

Reinvestment funds are received from New Jersey casinos, which are required by law to contribute 1.25% of gross revenue funds toward projects that are approved by the CRDA.

Composition

The CRDA has seventeen members as follows:

Four year terms

  • Six members of the public are appointed by the Governor and confirmed by the Senate
  • Two members recommended by the President of the Senate are appointed by the Governor
  • Two members recommended by the Speaker of the General Assembly are appointed by the Governor

Two year term

  • Two casino representatives are appointed by the Governor

Ex officio

  • One member of the Casino Control Commission is appointed by the Governor
  • The Mayor of Atlantic City
  • The State Treasurer
  • The Attorney General
  • The Commissioner of the Department of Commerce and Economic Development or the Department of Community Affairs, or an additional member of the Casino Control Commission is appointed by the Governor

References

References

  1. [http://www.njcrda.com/board.html CRDA board structure] {{webarchive. link. (August 11, 2009 , www.njcrda.com, accessed August 14, 2009)
  2. [https://njcrda.com/board-of-directors/ CRDA Board of Directors]
  3. [https://njcrda.com/about-us/senior-staff/ CRDA Senior Staff]
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

atlantic-city,-new-jersey gambling-in-new-jersey government-agencies-established-in-1984 state-agencies-of-new-jersey
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