Government & Economic Development

Renewable power focus of utility reform in 2010 LegislatureRestricted Content

January 2, 2010
Chris O'Malley
The Hoosier Environmental Council and Citizens Action Coalition see an expansion of the state’s “net metering” policy as achievable during the short legislative session that starts Jan. 5.
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Buckingham tapped to develop mixed-use project near IUPUI

January 2, 2010
 IBJ Staff
Former YMCA branch at 860 W. 10th St. would be razed to make way for retail and housing.
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FEIGENBAUM: Early committee hearings were mostly theaterRestricted Content

January 2, 2010
Ed Feigenbaum
The December hearings by Indiana General Assembly committees focused on issues that legislative leaders designated as key session priorities, but the committee work was largely unremarkable, with predictable testimony derived from the usual suspects.
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Indiana lawmakers looking for cheap ways to impress

January 1, 2010
Associated Press
In an election year with a big reward—the potential to redraw political maps for the next decade—lawmakers are looking to impress voters.
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Assessor predicts 2010 property tax bills will be on time

December 30, 2009
Peter Schnitzler
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since 2006.
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Stifel, Rokita reach settlement in auction-rate securities case

December 28, 2009
Peter Schnitzler
Agreement accelerates Stifel's repayment of $54 million in auction-rate securities sold to 142 Hoosier investors.
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Newly opened racinos already face credit crunch

December 26, 2009
Peter Schnitzler
Clear signs emerged in 2009 that the Hoosier gambling market is oversaturated. Major credit rating agencies expressed concerns that several casinos, including the state’s new horse track “racinos” on the outskirts of Indianapolis, might go bust before the year was finished.
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CIB financial situation improving

December 26, 2009
Scott Olson
The past year has been mighty unkind to the Capital Improvement Board, the entity charged with operating the city’s professional sports venues and Indiana Convention Center.
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City tries to raise cash by privatizing operations

December 26, 2009
Peter Schnitzler
Indianapolis Mayor Greg Ballard pulled out his predecessor Steve Goldsmith's Republican playbook and began exploring a host of privatization proposals in an effort to save money.
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Slump sets Hoosier job levels back 14 years

December 26, 2009
Norm Heikens
The 131,000 jobs lost in the 12 months ended in November amounted to a 7.2-percent decline and were nearly equivalent to the combined populations of Carmel and Fishers.
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First decade of century marked by buyouts and bubbles

December 26, 2009
J.K. Wall
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
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Indiana, Michigan library groups merge to cut costs

December 24, 2009
The Indiana Cooperative Library Services Authority, known as ICOLSA, has merged with the Michigan Library Consortium to form the Midwest Collaborative for Library Services.
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Trustee chooses $20.5 million Buckingham plan for old YMCA

December 23, 2009
Cory Schouten
The Center Township Advisory Board has picked Buckingham Cos. to redevelop a 2-acre property it owns at 860 W. 10th St. near the IUPUI campus.
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Indiana banker meets with Obama, Geithner

December 23, 2009
Peter Schnitzler
Mark Schroeder, CEO of Jasper-based German American Bancorp, was one of just 12 community bankers who talked shop Tuesday with the president and Treasury secretary.
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College cuts will favor some schools over others

December 23, 2009
Associated Press
The Indiana Commission for Higher Education said state colleges and universities need to find new ways to be efficient—without new tuition hikes—to cope with spending cuts ordered by Gov. Mitch Daniels.
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Prosecutor Brizzi a big player in real estate

December 19, 2009
Cory Schouten
Carl Brizzi partnered on a bank branch, took an ownership interest in an office building and flipped condos.
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Legislators face unemployment insurance fund sinking into red

December 19, 2009
Peter Schnitzler
Indiana lawmakers are preparing to punt on 2009's must-solve business issue in the hope of a federal bailout. However, it's anybody's guess how Washington will respond.
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Property tax caps stand good odds in the 2010 legislative sessionRestricted Content

December 19, 2009
Norm Heikens
Lawmakers are likely to pass property tax legislation, which would send it to a voter referendum in November and potentially into the state constitution.
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FEIGENBAUM: Expect uncertainty in the 2010 General Assembly

December 19, 2009
Ed Feigenbaum
About the only certainty for the upcoming legislative session is that it will be over in March.
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Bills in General Assembly would ease costs for casinos

December 19, 2009
 IBJ Staff
The Indiana General Assembly is taking its first steps toward restructuring Hoosier gambling law.
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Brownsburg hires Texas city manager as town manager

December 19, 2009
 IBJ Staff
Dale Cheatham, who starts work Jan. 4, was city manager of The Colony, Texas, a growing community of 40,000, for eight years. Before that, he spent four years as city manager of Watauga, Texas.
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Delphi to add 190 jobs in Kokomo

December 18, 2009
 IBJ Staff
Delphi Corp. brought some good news to the beleaguered city of Kokomo on Friday, announcing plans open a production facility there, creating about 190 jobs by 2014.
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Indiana's unemployment rate slips to 9.6 percent

December 18, 2009
Scott Olson
Indiana's unemployment rate ticked downward in November, falling to 9.6 percent, the Indiana Department of Workforce Development said Friday morning.
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City ready to award new golf contracts

December 18, 2009
Kathleen McLaughlin
Indianapolis Mayor Greg Ballard's administration has chosen five local contractors to run 12 municipal golf courses for the next 10 years, and expects to get $6.3 million in capital improvements out of the deal.
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New CIB membership nearly set

December 17, 2009
Scott Olson
Marion County Commissioners reappointed Doug Brown on Thursday morning to the Indianapolis Capital Improvement Board, leaving only one seat open on the nine-member panel whose financial troubles this year have elevated its profile.
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  1. If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.

  2. John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.

  3. I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.

  4. Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.

  5. David Copperfield!

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