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Property Lines
Scott Olson
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IBJ Lou Harry's A&E Blog
Lou Harry
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North of 96th
Andrea Muirragui Davis
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The Dose
J.K. Wall
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Recent Blog Posts

The Property Lines vote

Cory Schouten
November 4, 2008
Comments(22)
To keep this post topical, I'll start with a link to this week's Real Estate Weekly. The news has been slow lately, but my colleague Chip Cutter still managed to dig up some good nuggets. The real...
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Colts lack QB insurance

Cory Schouten
November 4, 2008
Comments(5)
Watching the Dallas Cowboys struggle recently under the leadership of back up quarterback Brad Johnson and the Pittsburgh Steelers flourish behind second-stringer Byron Leftwich during the second half of their game last night has...
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Engine makers await IRL specs

Cory Schouten
November 4, 2008
Comments(8)
While most Hoosiers are headed for the polls this election day, Indy Racing League teams and officials are headed to Las Vegas for their post-season banquet at The Palms Casino Resort tomorrow. Word coming from series officials as they get ready to...
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There's gotta be a better way

November 4, 2008
Comments(11)
We live in the country that invented the light bulb, put a man on the moon and cracked the human genome, but weâ??re still standing in line to vote. Election Day is evolving into Election Month as more people make decisions...
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Fictional Presidential match-ups

Bruce Hetrick
November 3, 2008
Comments(7)
Here, for your entertainment, some fictional election match-ups (ignoring party affiliations). Who gets your vote? Peter Sellers in "Dr. Strangelove" vs. Michael Douglas in "The American President" vs. Morgan Freeman in "Deep Impact"? Next round: Martin Sheen on "The West Wing" vs. Donald...
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Colts close window on controversy

Cory Schouten
November 3, 2008
Comments(2)
Indianapolis Colts officials said ratcheting up the noise inside Lucas Oil Stadium had nothing to do with the decision to close the large window on the north end of the stadium for last...
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Nuclear war, assessors and voters

November 3, 2008
Comments(3)
Following a nuclear holocaust, itâ??s been said, only cockroaches and township assessors will be left. Now, assessors might finally meet their match in something more powerful than atomic weapons â?? voters. The Legislature wiped out a warren of them this year when...
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Pacers poll flawed

Cory Schouten
November 3, 2008
Comments(2)
If the Indiana Pacers want a true reading on how the community views their team, they may be talking to the wrong people. Last month, the Pacers polled 600 ticket holders to gauge...
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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