The Cape May County Herald reports that Wildwood's going to have to sell at least two liquor licenses to make its $24.1 million budget. If that doesn't happen, taxes are probably going up. So if you're a property owner in Wildwood, cross your fingers for those licenses to move. They're set aside for hotels and motels with a minimum of 100 rooms, and the minimum bid is $250,000 per license. Of course, lots of Wildwood's kitchy neon motels have been sold to make way for condos, so there's a smaller market than there used to be.
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In Wildwood, more booze or more taxes?
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