Government & Economic Development

State links university funding to lifting graduation ratesRestricted Content

January 16, 2010
J.K. Wall
The Indiana Commission for Higher Education late last month slashed college budgets based on key performance measures.
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Legislation to protect car dealers re-emerges at StatehouseRestricted Content

January 16, 2010
Chris O'Malley
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to block automakers from preying on termination fears to wrest concessions from surviving dealers.
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Auto, battery jobs hinge on landing federal energy loansRestricted Content

January 16, 2010
Kathleen McLaughlin
Indiana's future as a hub for making electric and hybrid vehicles hinges on a single government loan program.
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FEIGENBAUM: Bills flying through Legislature at Castroneves' paceRestricted Content

January 16, 2010
Ed Feigenbaum
At a torrid pace, major pieces of legislation are flying through the Indiana General Assembly, leaving lawmakers with an envious decision: Adjourn early and make Hoosier voters happy, or stick around and devote attention to other major issues that deserve close scrutiny, but receive short shrift in sessions bogged down by battles over high-profile partisan matters.
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Hotels spark expansion of downtown skywalk system

January 16, 2010
Cory Schouten
Two walkways that will connect to the new Marriott Place hotel will extend downtown's network of skywalk and underground pedestrian paths to a total of 12 hotels with more than 4,700 rooms--the most of any downtown in the United States.
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Ohio lawmaker wants Fair Finance owners' assets frozen

January 15, 2010
Greg Andrews
An Ohio congressman is upset the U.S. Attorney’s Office in Indianapolis isn’t seeking to freeze the assets of Fair Finance Co. owners Tim Durham and Jim Cochran.
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City revamping management of parking operations

January 15, 2010
Scott Olson
The city of Indianapolis is seeking to consolidate management of its parking operations into a single, long-term lease that could net it tens of millions of dollars to make street and sidewalk repairs. City leaders are expected to release a request for proposals "soon."
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House OKs bill on township government referendums

January 14, 2010
Associated Press
The proposal would allow voters to decide in November whether their township governments should be eliminated and their duties transferred to the county level.
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Brizzi silent on controversy as he opts against 3rd term

January 14, 2010
Greg Andrews
The written statement Carl Brizzi released Thursday saying he will not seek a third term as Marion County prosecutor makes no reference to the controversy surrounding his business and personal ties with embattled Indianapolis financier Tim Durham.
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City leaders getting aggressive about recouping tax breaks

January 14, 2010
Scott Olson
Indianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements. The city will use the money to fund economic development, convention, tourism and education efforts.
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Stericycle to expand in Indianapolis

January 14, 2010
 IBJ Staff
Illinois-based medical waste disposal firm Stericycle Inc. will expand its Indianapolis operations, creating as many as 109 jobs by 2011, the Indiana Economic Development Corp. announced Wednesday.
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City to bolster economic development funding

January 13, 2010
Scott Olson
Mayor Greg Ballard expected to announce at his State of the City address Wednesday evening that the Indianapolis Convention & Visitors Association and Indianapolis Economic Development Inc. could receive about $1 million each from the city.
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Indiana Senate OKs bill to delay jobless-tax hikes

January 12, 2010
Associated Press
The Senate has approved a bill delaying unemployment-tax increases on businesses for a year, but the legislation may face hurdles in the Democrat-led House.
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Durham's Fair Finance drops effort to sell securities

January 12, 2010
Greg Andrews
Ohio-based Fair Finance Co. told securities regulators this week that it is withdrawing its request for approval to sell an additional $250 million in investment certificates.
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Study: Urban tax money subsidizes rural counties

January 12, 2010
Scott Olson
A report from the Indiana Fiscal Policy Institute says metropolitan counties pay more in state taxes than they receive in benefits. The results, though not surprising,  document the disparity for the first time in Indiana.
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Venue-management titans emerge as CIB front-runners

January 9, 2010
Peter Schnitzler
Experts say a unique four-way partnership that includes the Pacers and Indianapolis Convention & Visitors Association may be the favorite to run the city's sports and convention venues.
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Doctors resume battle with Anthem, health insurersRestricted Content

January 9, 2010
J.K. Wall
Doctors are pushing again to strengthen their hands in contract negotiations with health insurers, especially market leader Anthem Blue Cross and Blue Shield.
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City's plan to raise money with sponsorships takes wing with KFCRestricted Content

January 9, 2010
Anthony Schoettle
Mayor Greg Ballard this month rolled out the first of what he hopes will be 10 to 15 city sponsorship and advertising deals this year, with the aim of saving taxpayers hundreds of thousands of dollars annually.
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Lucas Oil Stadium lease for Final Four is on CIB's front burner

January 9, 2010
 IBJ Staff
Greg Shaheen, NCAA senior vice president of basketball and business strategies, said the deal needs tweaking because Lucas Oil Stadium was in the conceptual stages when Indianapolis won the bid to host the 2010 Final Four.
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Indianapolis Economic Development reports healthy 2009 job attraction, retention numbers

January 9, 2010
 IBJ Staff
The organization responsible for attracting new businesses to Marion County and helping companies already located here with expansion secured 11,135 job commitments and $157 million in private investment from 45 companies in 2009.
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HICKS: Civic perceptions and economic developmentRestricted Content

January 9, 2010
Mike Hicks
There is certainly plenty of anecdotal evidence that what folks believe about a community matters for its economic fortunes.
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FEIGENBAUM: Democrats start to embrace constitutional amendmentRestricted Content

January 9, 2010
Ed Feigenbaum
What changed over the last year to make House Democrats so eager to allow Hoosier voters to amend the property-tax caps into the Indiana Constitution? The calendar.
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Big companies seek chance to bid on CIB privatization

January 8, 2010
Peter Schnitzler
Indianapolis receives a dozen responses to its proposal to privatize management of Lucas Oil Stadium, the Indiana Convention Center and, perhaps, Conseco Fieldhouse.
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IFD gets finger-lickin' good sponsorship deal

January 6, 2010
Anthony Schoettle
KFC agreed to pay city for smoke detectors and fire extinguishers in exchange for using Indianapolis Fire Department to help it launch new fiery grilled wings. Mayor Greg Ballard hopes the deal is the first of many such corporate sponsorships.
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Indiana pushes firms toward electric vehicles, but has few of its ownRestricted Content

January 2, 2010
Chris O'Malley
State government hasn’t put much money toward becoming a leader among states integrating hybrids into their massive vehicle fleets.
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  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

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