Government & Economic Development

Attorneys to get big cut of $300K OmniSource settlement

July 15, 2011
Cory Schouten
An OmniSource executive says the company wouldn't have made the settlement with the Marion County prosecutor if it knew more than a third of the cash wouldn't be going to Indianapolis police for training programs.
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Local IT consultancy plans to add 200 jobs

July 14, 2011
Knowledge Services, an Indianapolis-based information technology firm, plans to lease additional office space on the city’s north-east side to make way for 200 more workers by 2015.
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Cities weigh new law allowing bigger tax breaks

July 13, 2011
Francesca Jarosz
Communities across the state are trying to decide how they will use a new law that provides them more flexibility to employ economic development incentives but could increase pressure to give companies more tax breaks.
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City seeking long-term operator of Eagle Creek course

July 12, 2011
Scott Olson
Bids are due by July 29 for an eight-year contract to manage the golf club. The city intends to sue the former operator in an attempt to recover more than $200,000 after he defaulted on a $3.5 million loan.
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City seeks to close south-side hotel on nuisance charges

July 12, 2011
The owners of the Traveler's Inn on Bluff Road face public nuisance charges and are accused of operating without a proper business license, according to a lawsuit filed by the city on Monday.
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Legislative safeguards can't keep state from court

July 10, 2011
Associated Press
Indiana conservatives appeared to win major national victories with a trio of laws passed this year, but rebukes from a pair of federal judges and a lawsuit raised questions about how proposed laws are vetted for legal issues before they get to a vote.
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Indiana first to require drug tests for job training

July 9, 2011
Associated Press
The U.S. Department of Labor says Indiana is the first state to require drug testing of people seeking job training. But at least 30 states have considered requiring drug tests for those receiving government assistance.
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Daniels revives agency mistakenly canceled

July 9, 2011
Associated Press
Gov. Mitch Daniels has signed an order restoring Indiana's largest state agency, the human services department, after it was accidentally eliminated due to a mistake in a new state law.
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STUMPP: Docs' loss of independence driving up health care costsRestricted Content

July 9, 2011
Don Stumpp / Special to IBJ
The fact is that hospitals are paid three to four times for physician ancillary services.
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HICKS: Without real cuts, cost of borrowing will riseRestricted Content

July 9, 2011
Mike Hicks
What is abundantly clear is that federal spending is much higher than is currently sustainable.
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City taps downtown TIF funds for bridge repairsRestricted Content

July 9, 2011
 IBJ Staff
The city is bidding work to repair concrete and add a green roof to the Meridian Street Bridge adjacent to downtown Union Station.
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Indiana toll road came up $209M short in 2010

July 8, 2011
Bloomberg News
Now five years old, the Indiana Toll Road deal has yet to turn a profit, or break even, for its two overseas investors. The $3.8 billion contract, however, has been a bargain for the taxpayers of Indiana.
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City exploring Mass Ave redevelopment options

July 8, 2011
Scott Olson
Property that houses Indianapolis Fire Department facilities on North New Jersey Street, bordering Massachusetts Avenue, could be sold to private developers. In turn, city police and fire services could be better connected.
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Indiana fireworks tax raises millions for training

July 7, 2011
Associated Press
State budget officials said Indiana took in $2.5 million from the special 5-percent public safety tax on fireworks during the 2011 fiscal year that ended June 30. That indicates about $51 million in retail fireworks sales around the state during that time.
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Navistar seeks more tax breaks after old deal failed

July 6, 2011
Scott Olson
The company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
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WellPoint to pay $100,000 over data breach

July 5, 2011
Associated Press
Health insurer WellPoint Inc. will pay $100,000 and take other steps after admitting it waited months to notify 32,000 Indiana customers that their Social Security numbers, health records and other personal information might have been exposed online.
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City mum on economics of $15M parking garageRestricted Content

July 2, 2011
Cory Schouten
City officials and the developer of a proposed parking garage in Broad Ripple have refused to share financial projections for the project, describing the documents as a "trade secret" exempt from public disclosure.
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Shrinking revenue puts Ballard in hot seatRestricted Content

July 2, 2011
Francesca Jarosz
A drop in local income-tax revenue could put Indianapolis Mayor Greg Ballard between a familiar political rock and hard place as he faces re-election. Next year’s budgets must be approved in October, when Ballard’s race with Democratic challenger Melina Kennedy will be in the home stretch.
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HICKS: Founding document holds lessons for todayRestricted Content

July 2, 2011
Mike Hicks
The Declaration of Independence has some key tenets that bear mentioning in these times.
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Indiana State Museum hopes for new start

July 1, 2011
Kathleen McLaughlin
The Indiana State Museum begins a new fiscal year Friday with a different governance structure and a $1.1 million surplus.
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Lugar pushes energy savings, more oil production

June 30, 2011
Associated Press
Indiana Sen. Richard Lugar is pushing a national energy plan he says will save billions of dollars by increasing domestic oil production and improving energy efficiency.
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Daniels says investors overpaid on Indiana Toll Road

June 29, 2011
Associated Press
Gov. Mitch Daniels on Wednesday marked the 5-year anniversary of the $3.8 billion lease. He said the state is insulated from any financial problems under the deal it crafted even though an investor group is in danger of defaulting.
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People have spoken on ideas for Monument Circle

June 29, 2011
Gabrielle Poshadlo
A former Indianapolis resident who now lives in Philadelphia won the Monument Circle Idea Competition People’s Choice award, Indianapolis Downtown Inc. announced Tuesday.
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UPDATE: Recount panel finds White eligible for office

June 28, 2011
Associated Press
The Indiana Recount Commission voted 3-0 Tuesday morning to allow Indiana Secretary of State Charlie White to remain in office, denying a challenge to his eligibility by the Democratic party. White still faces a criminal trial.
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State appeals injunction blocking abortion law

June 28, 2011
Associated Press
Indiana's attorney general has appealed a judge's decision blocking part of new abortion law that took away some of the public funding for Planned Parenthood of Indiana.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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