Government & Economic Development

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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New BioCrossroads venture fund raises $58 million

December 16, 2009
Peter Schnitzler
The new INext fund is the successor to the $73 million Indiana Future Fund, which the life science initiative raised in 2003.
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IT firm officially announces plans to create 200 jobs

December 15, 2009
Scott Olson
Executives from BC Forward, Indianapolis’ largest computer consulting firm, said Tuesday the company will get even bigger, with the addition of 200 jobs by 2012.
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IUPUI seeking funds from CIB to renovate Natatorium

December 14, 2009
Scott Olson
IUPUI says it needs about $15 million to renovate the aging Natatorium swimming complex and wants the city's Capital Improvement Board to fund part of the expense.
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Supreme Court rejects Indiana's appeal of Chrysler sale

December 14, 2009
 IBJ Staff and Associated Press
The justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged the automaker's bankruptcy proceedings.
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Indiana weighs changes to combat out-of-state casinos

December 13, 2009
Associated Press
State lawmakers are weighing possible changes to state gambling laws at a time when growing competition from out-of-state casinos threatens to cut into business at Indiana's 11 riverboat casinos.
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Obama reforms not necessarily dire for Sallie Mae in IndianaRestricted Content

December 12, 2009
J.K. Wall
The plan to nationalize the federal student loan program threatens to force Sallie Mae to hack its network of 26 offices down to five. Yet the company's Indiana operations have several advantages that could help weather the cuts.
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Federal filing lists another link between Brizzi, Durham

December 12, 2009
Greg Andrews
A federal financial-disclosure statement Brizzi submitted in May lists the politician as an investor in Red Rock Pictures Holdings Inc., a film-development firm also backed by Durham.
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Cash-strapped mayors may tap owners of tax-exempt propertyRestricted Content

December 12, 2009
Kathleen McLaughlin
A group of mayors led by Tom Henry of Fort Wayne and Greg Ballard of Indianapolis is seeking new sources of revenue to replace the millions they’ll lose because of property tax caps.
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Hoosier Energy avoids financial brownoutRestricted Content

December 12, 2009
Chris O'Malley
Hoosier Energy, which supplies electricity to customers in 48 counties in central and southern Indiana, has settled a dispute that had threatened to plunge the utility into bankruptcy.
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HICKS: Recession may help close job-skills gapRestricted Content

December 12, 2009
Mike Hicks
One of the most important effects of the recession â??lower employment â?? is likely to be stubbornly persistent.
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INDOT using federal funds to improve transportation options near schools

December 12, 2009
 IBJ Staff
The Safe Routes to School program “aims to influence a new generation of healthy, sustainable travel behavior,” says INDOT.
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Jobless claims rise unexpectedly

December 10, 2009
Associated Press
The number of newly laid-off workers seeking jobless benefits rose more than expected last week, after falling for five straight weeks.
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HealthNet lands $10.5 million in stimulus funds

December 10, 2009
 IBJ Staff and Associated Press
HealthNet said it will use the funds to expand and renovate two community health centers that have outgrown their space.
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