Atlantic County could help bail out the Sheraton Atlantic City Convention Center Hotel and keep it open, but only with a guarantee that taxpayers would be paid back with interest, County Executive Dennis Levinson said Monday.
Levinson said the county would be willing to provide part or maybe even all of what the Sheraton’s owners require to keep the property open and running — with one important condition.
“If we can help out, we’re going to,” he said. “I am willing to listen to any proposition. But there’s a caveat: I expect the taxpayers to be made whole. That is a pretty strong caveat.”
