Government & Economic Development

Fishers forming sister-city relationship with suburb of Chinese city

October 2, 2010
 IBJ Staff
The area southwest of Shanghai is known as a tourist destination, as well as for its high-tech industrial development zones.
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Furniture distributor plans Gas City operations

October 1, 2010
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create as many as 100 jobs by the end of the year and as many as 350 by 2013.
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Hudnut joins D.C. office of local lobbying firm

October 1, 2010
Hudnut will represent clients in federal government matters for Bose Public Affairs Group LLC, an Indianapolis-based lobbying firm. The former four-term Indianapolis mayor served the city from 1976 to 1992.
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Drugmakers’ ‘doughnut hole’ deal to shave sales

October 1, 2010
Bloomberg News
Drugmakers including Pfizer Inc., AstraZeneca, Bristol-Myers Squibb Co. and Eli Lilly and Co. may provide more than $2 billion in drug discounts to senior citizens next year under a deal pharmaceutical companies made with the White House.
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Downtown tax district reaps unexpected windfall

September 29, 2010
Francesca Jarosz
The city has accumulated a $12 million surplus of funds from the downtown TIF district, raising questions from critics who wonder how the windfall came about.
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Critics of parking proposal question $500,000 penalty

September 28, 2010
Scott Olson
City leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council signs off on the deal, not if the contract doesn't win approval.
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Dolce hotel, YMCA part of city-funded 'North of South' development

September 27, 2010
Scott Olson
The city plans to issue bonds and use tax-increment financing to fund the $150M project, which also will include 320 high-end apartments and 40,000 square feet of retail space. Construction should begin this year.
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Raytheon's local plant lands $42M Navy order

September 27, 2010
 IBJ Staff
Raytheon Technical Services Co. in Indianapolis has scored a $42 million contract to make forward-looking infrared sensors for the U.S. Air Force’s HH-60G helicopter, the Department of Defense said late last week.
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INDOT lays off 30 employees in budget move

September 26, 2010
Associated Press
Gov. Mitch Daniels said the layoffs were "one of the very, very few involuntary reductions" that Indiana government has had to make to cut spending.
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Indiana Convention Center might need yet another expansion

September 25, 2010
Katie Maurer
The current expansion has absorbed the last of the adjoining space, leaving the convention center landlocked.
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Indiana slow to accept federal stimulus helpRestricted Content

September 25, 2010
Mary Dieter
Under political pressure, Gov. Mitch Daniels' administration has come late to the federal stimulus funds game. At best, the state will recover $24 million in reimbursements for money spent by not-for-profit agencies on services to the poor.
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Tax caps spread relief aroundRestricted Content

September 25, 2010
Francesca Jarosz
Property tax caps—promoted as a way to relieve homeowners from skyrocketing property tax bills—have provided much more relief to a different group of taxpayers. Owners of rental properties and second homes got the lion’s share of assistance from the caps.
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City meets deadline to get federal money for housing projects

September 25, 2010
 IBJ Staff
The $29 million will be used to acquire and demolish or rehabilitate foreclosed and abandoned homes.
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Indiana child care agencies protest cost of new rules

September 24, 2010
Associated Press
An effort to shift some foster care costs to the federal government would throw up more red tape and make it harder for caretakers and providers to get services for troubled children, a coalition of child care agencies said Friday.
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Indiana lawmakers push for Internet taxes

September 23, 2010
Mary Dieter
A bipartisan duo of state lawmakers wants Congress to allow states to collect sales taxes on Internet purchases, a move they say could bring hundreds of millions of dollars to cash-strapped Indiana.
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Democrats charge conflict in parking meter deal

September 22, 2010
Scott Olson
A city lobbyist who also is registered to lobby for Affiliated Computer Services Inc., which was chosen to receive a 50-year lease deal to manage meter operations, says he was not involved in the deal.
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Proposed city parking deal would bring 200 jobs

September 21, 2010
Francesca Jarosz
A proposal to lease the city’s parking meters for 50 years would require the vendor to bring 200 jobs to Indianapolis for at least seven years. The salaries and benefits would range from $16,000 to $95,000 a year.
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TechPoint unveiling ‘measured marketing’ campaign

September 21, 2010
Scott Olson
The initiative will promote the advantages of doing business in Indiana to attract more "measured marketers." They are companies such as ExactTarget and Aprimo Inc. that provide a platform for marketing via e-mail, social media and other technologies.
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Indiana’s unemployment rate remains flat

September 21, 2010
The state's jobless rate in August remained unchanged from the previous month's figure of 10.2 percent. The loss of seasonal government and manufacturing jobs offset the addition of 3,000 private-sector jobs.
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Hoosier Lottery moving to Meridian Street building

September 21, 2010
Tom Harton
The lottery will move in January to the Buick, a 60,000-square-foot building at 13th and Meridian streets owned by principals of Shiel Sexton Construction.
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City's parking deal similar to much-maligned Chicago pact

September 18, 2010
Francesca Jarosz
Officials promoting a 50-year lease of Indianapolis' parking meters have taken pains to point out the differences between their proposal and a controversial 75-year parking meter lease in Chicago. But a close look at both contracts shows Indianapolis' pact largely uses the Chicago template.
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Debating where to turn as Bush tax cuts near expiration

September 18, 2010
Scott Olson
With a deadline looming, supporters and detractors debate extending tax cuts signed by former president George W. Bush.
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Daniels picks Boone County judge for Supreme Court

September 17, 2010
 IBJ Staff and Associated Press
Gov. Mitch Daniels has appointed Boone Circuit Court Judge Steven David to the Indiana Supreme Court.
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Franklin calls off deal to land brewery plant

September 17, 2010
Kathleen McLaughlin
The Franklin Redevelopment Commission decided Thursday to call off the deal because TailGate Beer of San Diego failed to respond to a deadline to provide detailed financial information.
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Former councilman indicted in strip club case

September 16, 2010
Francesca Jarosz
Federal officials on Thursday charged a former City-County Council member in an extortion scheme to use his official position to grease the wheels for opening a strip club, taking $6,000 in exchange for the help.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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