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City-County Council member gives salary to local library

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City-County Councilor Steve Talley will donate his council salary over the next four years to launch an endowment benefitting children’s programming through the Indianapolis Public Library Foundation.

Talley made the announcement Tuesday morning at Turning Point Schools on North Post Road on the city’s far-east side.

The endowment, called the Donna D. Talley Story Theatre Fund, will honor Talley’s late wife, Donna, who believed in the importance of reading. She died in 2006.

The fund will be managed by the Central Indiana Community Foundation and will be supported by an initial gift of $25,000 from Tim and Tanya Harris, founders of Turning Point Schools.

Talley has pledged to donate to the fund his council salary during the next four years, which will total about $52,000, in addition to a full contribution from his future council retirement plan, according to a news release.

“It is a tremendous comfort to know that Donna’s legacy will always live, benefitting future generations of leaders,” Talley said in the prepared statement. “I believe public libraries will always play an important role in the future of young people, and that is why it is so important to support the library through gifts to the library foundation.”

Following her death, Donna Talley’s family raised $12,000 through a privately funded memorial campaign to create a story theater at the East 38th Street branch, the neighborhood library where she volunteered.

The new fund will enable the Indianapolis-Marion County Public Library to build on its early childhood literacy activities, including its Ready to Read initiative that helps prepare children for kindergarten by fostering early literacy skills.

Mayor Greg Ballard praised Donna Talley’s passion for children’s learning by proclaiming Feb. 21 as Donna D. Talley Story Theatre Fund Day in Indianapolis.
 


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  1. The lack of street-level retail in this part of the Block 400 development is a huge oversight and somewhat perplexing given the high quality of recent city-backed developments downtown. This portion of an otherwise stellar development is going to have an extremely negative impact on the aesthetics, urban environment, walkability, and livability of the NW quad.

    I'm not sure why One America would oppose including retail. And I find it very hard to believe that the thousands of office workers literally footsteps away wouldn't be able to support new lunchtime destinations and other businesses along Illinois and Vermont. We've got to reconnect the disjointed segments of our blossoming downtown, not create yet another lifeless dead zone that no one wants to walk through. Sadly, that is exactly what this massive ugly single-use structure will accomplish.

    Why not follow the precedent set by the proposed garage in Broad Ripple and create an attractive mixed-use structure? Why does the city get it there but not downtown?

  2. Bear mind that DS is just not another lazy, rich kid. He attended Columbia grad school and was in investment banking for 4 or 5 years before joining his dad's company. An annual grant of stock options at market price would be the correct pay-for-performance program then no one could argue with it.

  3. This comes from an executive who gave his wife a Bentley as a wedding present. He is heir to billions of dollars. He should be working for a dollar a year and stock options only. Seems like a conflict of interest, time to bring in a non-relative as CEO. Haven't met him, but have heard his arrogance is legendary.

  4. If the property is improved, property taxes increase - more revenue. If AUL's employment grows, more income taxes - more revenue. If more people move and/or work downtown, it means more demand for goods and services, more employment, more taxes - more revenue, etc., etc. It's not just the city throwing money at big companies. There's much, much more. Yes, the project has private backing, but apparently not enough to make the deal work and therefore they don't have it covered. And while Marsh is a nice anchor, they are no credit tenant like a Kroger or somebody. And if the police department has a major shortfall, they need to reduce the force. This city has way too many policemen.

  5. It's hard to defend billionaires, but David Simon has created a tremendous amount of value for shareholders since joining the company. He is widely regarded as one of the best CEOs in America. The company is growing and making good strategic decisions. And Indy is fortunate to have SPG HQ'd here. Now, does that merit $120 million (about 15 mil over 8 years or so)? Maybe. But this family and David have truly built a business. Should Zuckerberg be worth $20 bil? Who knows. Hopefully David will be supportive of Hoosier charities like his family has.

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