Government & Economic Development

Plan to drug-test Indiana welfare recipients stalls

February 15, 2012
Associated Press
A bill to require drug-testing for some Indiana welfare recipients has failed in a legislative committee after concerns were raised about the possible $1 million cost to start the program.
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Daniels wants few exemptions to Indiana smoking ban

February 15, 2012
Associated Press
Indiana Gov. Mitch Daniels says he hopes legislators will send him a statewide smoking ban bill with a short list of exemptions.
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Indiana tea partiers challenge Lugar residency

February 15, 2012
Associated Press
Richard Lugar's tea party challenger stood Wednesday morning outside the Indianapolis home the Republican U.S. senator sold decades ago to make the case his opponent no longer has much to do with the state he represents.
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Utility exec: Coal-gas plant's 'time has passed'

February 14, 2012
Associated Press
A utility executive told a legislative committee Tuesday that a drop in natural gas prices as a result of the nation's shale-gas boom have made a proposed southern Indiana coal-gasification plant a project "whose time has passed."
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Indiana legislators back bill for alcohol amnesty law

February 14, 2012
Associated Press
Indiana legislators are nearing agreement on a bill that would shield people from arrest on alcohol charges if they report that someone is intoxicated and needing medical help.
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State Supreme Court rules Daniels doesn't have to testify

February 13, 2012
Associated Press
The Indiana Supreme Court said Monday afternoon that Gov. Mitch Daniels doesn't have to answer questions under oath in a $400 million lawsuit that the state filed against IBM Corp.
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After the Super Bowl, what's next for Indianapolis sports?Restricted Content

February 11, 2012
Anthony Schoettle
Barely a week has passed since Indianapolis hosted America's most popular sporting event, and already the Indiana Sports Corp. is retooling its playbook.
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GLADDEN: Build the Indianapolis brand with the very best service

February 11, 2012
James Gladden / Special to IBJ
The innovation that led to the execution of Super Bowl XLVI was truly remarkable. On so many dimensions (crowd sizes in Super Bowl Village, scarves, the Legacy project, volunteers, murals and Super Service to name a few), Indianapolis demonstrated that it is a first-class city. It demonstrated once again, and on a level never before seen, that Indianapolis is a best practice for those studying hallmark event execution.
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Hendricks County cultural trail highlights rural settingRestricted Content

February 11, 2012
Scott Olson
Hendricks County is out to prove its suburban communities have more to offer than a convenient commute to downtown Indianapolis.
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Councilor seeks review of city's TIF-district strategyRestricted Content

February 11, 2012
Cory Schouten
Brian Mahern, a Democrat on the City-County Council, plans to propose a study commission to examine the effectiveness of TIF districts, how property tax caps will affect them, and ways to increase transparency for the complicated financing vehicles.
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Telecommunications companies push bill to defend turf from state networkRestricted Content

February 11, 2012
The new law would prevent the I-Light data network from straying beyond its stated mission of serving the state’s colleges and universities.
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Many Indiana House Democrats calling it quits

February 10, 2012
Associated Press
More than quarter of the Democratic members of the Indiana House aren't trying for re-election this year, further boosting the chances of Republicans strengthening their hold on the chamber.
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Daniels would consider post under GOP president

February 10, 2012
Associated Press
Indiana Gov. Mitch Daniels, who decided last year against a presidential run, says he would consider serving in the cabinet of a new Republican president but believes it's "very improbable" the eventual nominee would tap him as a running mate.
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Top Indiana House budget writer won't seek new term

February 10, 2012
Associated Press
Rep. Jeff Espich of Uniondale, the leader of the Indiana House's budget-writing committee, announced Friday that he won't seek re-election this fall and will end 40-year legislative career.
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Advocates want no weakening of Indiana smoking ban

February 9, 2012
Associated Press
Anti-smoking advocates aren't happy about an 18-month exemption for bars that's included in a bill for a statewide smoking ban, and are aiming to prevent the proposal from being watered down.
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13K Indiana foreclosure victims to get $2K checks

February 9, 2012
Associated Press
Indiana homeowners will receive about $43 million in refinanced loans while other borrowers will get $30 million worth of loan-term modifications and other relief as part of a $25 billion nationwide settlement with the country's biggest mortgage lenders.
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Ballard to veto tougher smoking-ban proposal

February 9, 2012
 IBJ Staff
Indianapolis Mayor Greg Ballard plans to veto a proposed ordinance that would expand the city’s public smoking ban, his spokesman confirmed Thursday.
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Gubernatorial candidates turn in signatures

February 9, 2012
Associated Press
Democrat John Gregg and Republican Mike Pence submitted plenty of signatures to get their names on Indiana's ballot for governor. Fishers businessman Jim Wallace, however, said he came up 111 signatures shy of the number needed to make the ballot.
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Glick center receives $6.3 million federal grant

February 9, 2012
The funds will be used to construct a three-story, independent-living facility consisting of 50 one-bedroom units for low-income senior citizens at the neighborhood center on Indianapolis' northwest side.
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Indiana panel OKs overhaul of school grading system

February 9, 2012
Associated Press
A state panel has approved changes to Indiana's A-to-F grading standards for public schools despite complaints that the new rules are too complex for schools and parents to understand.
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Warehouse company expands in Franklin

February 9, 2012
Kathleen McLaughlin
A refrigerated warehouse company plans to expand its facility in Franklin, investing $26 million and creating as many as 50 jobs by 2014.
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Indiana lawmaker says school bus fees increase danger

February 8, 2012
Associated Press
Indiana's public school districts wouldn't be able to end school bus service for their students under a proposal advancing in the General Assembly after protests from parents in a suburban Indianapolis district who now face annual bills of more than $400 a child for rides to and from school.
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Right-to-work boycott fines put on hold by Indiana high court

February 8, 2012
Associated Press
The state Supreme Court placed on hold Wednesday all legislative fines against Democrats who boycotted the Indiana House during the right-to-work battle until it rules on whether it's legal for those fines to be deducted from their paychecks.
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Company: Sugarland resisted delaying state fair concert

February 8, 2012
Associated Press
Sugarland resisted delaying the start of a concert at the state fair despite threatening weather that caused a deadly stage collapse, the fair's top official testified against the company that built the stage rigging.
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Toyota plans to add 400 jobs in southwest Indiana

February 8, 2012
 IBJ Staff and Bloomberg News
Toyota Motor Corp. said Wednesday afternoon it would add 400 jobs in Princeton after consolidating production of its Highlander mid-size SUV.
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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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