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Head of Indiana business agency gets ethics advice

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Indiana's top business-recruitment official has been advised by the State Ethics Commission to separate himself from tax-credit decisions that could benefit a company he co-owns.

The commission told Indiana Economic Development Corp. President Eric Doden on Thursday that a "wall of separation" is needed to safeguard him against any conflict-of-interest accusations. Doden, who was appointed to lead the group in January by Gov. Mike Pence, had sought an advisory opinion from the ethics panel.

Doden is on leave from Domo Ventures LLC, a company he co-owns with a Michigan resident, The Journal Gazette reported. Domo Ventures is a minority partner in Domo Development LLC.

Doden is concerned that Domo Development might offer a bid to develop a site in Fort Wayne that's adjacent to Parkview Field, where the city's minor-league baseball team plays. If Fort Wayne expands a revitalization district adjacent to that property and Doden's company wins a contract, it would be eligible for a state tax credit that would have to be approved by the economic development agency.

If granted the tax credit, the company, and therefore Doden, would benefit financially.

"We wanted to make you are aware of this potential," Doden said in seeking the advisory opinion.

Expanding the city's revitalization district requires approval from the State Budget Committee. But under normal procedures, Doden would be the one who would have final say on whether an investment made in the district qualified for the tax credit.

Stephen Akard, general counsel for the Indiana Economic Development Corp., told the ethics panel Thursday that Secretary of Commerce Victor Smith would handle the matter instead if it came up in the future.

Ethics Commission member Peter Nugent said, "we can't put (Domo) in a position where they can't do business."

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  1. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

  2. I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.

  3. Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??

  4. On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.

  5. It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.

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