ATLANTIC CITY, N.J. (AP) _ After weeks of debt negotiations with bankers, Donald Trump now has to deal with about 150 subcontractors, who claim the developer owes them $70 million for their work on his Taj Mahal Casino Resort.

On Tuesday, the subcontractors elected a seven-person committee to negotiate the alleged overdue payments in a three-hour meeting that included Trump officials. The group refused to discuss the talks.

Before the meeting, Atlantic Plate Glass executive Marty Rosenberg, whose company is owed $1.1 million, said Trump officials had offered to resolve the dispute. But he said, ''I do not feel it is a fair offer.''

Trump offered to pay $20 million in cash to the contractors but wanted to use non-interest-bearing notes to pay the remaining $50 million over the next five years, according to today's editions of The Press of Atlantic City.

The newspaper quoted unidentified sources as saying Trump offered an immediate payment of $5 million to a number of the smaller creditors and $15 million to the remaining creditors in two installments, one this month and one in August.

Although some of the subcontractors had promised to discuss the negotiations with the media, they clammed up midway through the meeting shortly after Trump officials entered the discussions.

Trump attorney Nicholas Ribis also refused to comment on Tuesday's talks at Merv Griffin's Resorts Casino Hotel, which is next door to the Taj Mahal on the Boardwalk.

The dispute with the contractors follows reports that Trump is suffering from a severe cash crunch caused by the enormous debt on his casinos and real estate properties. He negotiated a deal with banks last month that allowed him to meet a $43 million payment to holders of high-yield junk bonds backing another casino, the Trump Castle.

The Taj Mahal, the city's largest casino, has averaged daily gross gaming revenues of just under $1.2 million a day since its April 2 opening. Analysts have said it needed about $1.3 million a day to break even.

Larger contractors are watching the progress of the negotiations with the smaller contractors before deciding how to claim the $30 million they contend Trump owes them.

''It's something that has been going on for some time,'' said attorney Noah Bronkesh, who represents Avalon Commercial Corp., which laid down tiles, marble and carpeting in the casino. Avalon was not at the meeting Tuesday.

''People are getting restless,'' Bronkesh said. ''They're tired of waiting. We're probably going to have some action by week's end.''

Trump has been sued three times in connection with construction work on the Taj. One of the plaintiffs is Molded Fiber Glass of Ashtabula, Ohio, which built the minarets and onion domes patterned after the casino's namesake, a 17th century white marble mausoleum in India.

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