Casino Reinvestment Development Authority to fund free concerts in Atlantic City

Casino Reinvestment Development Authority  to fund free concerts in  Atlantic City

The initiative is part of the authority’s effort to create a new atmosphere of entertainment at the Atlantic City Boardwalk and give locals and visitors the chance to enjoy a variety of free music shows.

In a series of recent media releases, CRDA informed it will cover 30% of the cost of each free concert, whit organizers covering the remaining percentage. The amount the CRDA’c contributions must exceed $25,000, which would mean the authority would not be involved in events costing less than $83,000 to produce.

The CRDA  is already in discussions with the Richard Stockton College of New Jersey  to secure potential venues for the free performances. The college operates Carnegie Library and will take over management at Mississippi Avenue’s Dante Hall Theater of the Arts. 

According to Alex Marino, director of operations at Carnegie Library, CRDA’s initiative will help boosting the general activity at the Dante Hall Theater of the Arts, which closed in 2009 after a series of financial difficulties.

The CRDA’s commitment comes as the city announced plans to bring back the free summer concert series it hosted at Gardner’s Basin in 2010. The five-show series will begin on Saturday, June 4th, at 1 p.m. The concerts are co-sponsored by the city and the Atlantic City Free Public Library and are also free and open to the public.

Founded in 1984, the Casino Reinvestment Development Authority is responsible for directing the spending of casino and gaming reinvestment funds in public and private projects benefiting Atlantic City and other areas of the state. From 1985 through April 2008, CRDA has invested $1.5 billion on projects in Atlantic City and US$300 million in other projects in the state of New Jersey.

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