Showboat Island’s waterpark is getting a tax break after a a delayed assessment. The Press of Atlantic City reports it apparently was not reassessed on time after construction finished and the waterpark opened in July 2023 at the Showboat Resort Atlantic City. Council introduced the abatement ordinance last month, and on Wednesday it had its public hearing and final vote and passed easily.
The property at 800 Pacific Ave. remained assessed at about $5 million for land and $376,600 for improvements in 2024, city spokesperson Andrew Kramer said.