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Capital Improvement Board
CIB audit shows agency finances improving
July 2, 2010
Scott OlsonThe Capital Improvement Board earned $10 million last year after reporting a $16.8 million loss in 2008. Its financial future
is clouded, however, by talks with the Indiana Pacers over Conseco Fieldhouse operating costs.
MorePacers, CIB still talking post-deadline
July 1, 2010
Scott OlsonA June 30 deadline imposed by the basketball team passed with no agreement on who will pay Conseco Fieldhouse operating expenses,
but both sides remain optimistic a deal will get
done soon.
MoreCIB, Pacers discussing three-year deal
June 17, 2010
Anthony SchoettleCity officials want to wait until economy, National Basketball Association labor situation stabilize before entering longer-term
deal. Optimism remains deal can get done by June 30.
MoreCity not ready to privatize Capital Improvement Board
June 5, 2010
Peter SchnitzlerMayor Greg Ballard has put privatization of Indianapolis’ stadium and convention center management on indefinite hold.
MoreCIB agrees to help Black Expo, but not with grant
May 11, 2010
Scott OlsonCapital Improvement Board votes not to restore IBE's annual $150,000 grant, but agrees to provide the organization
with in-kind services equaling the amount.
MoreStudy: Pacers, Fever add $55M to local economy each year
May 10, 2010
Scott OlsonThe Indiana Pacers and Indiana Fever contribute an estimated $55 million a year to the Indianapolis economy, according to
a study conducted by Chicago-based hospitality consulting firm Hunden Strategic Partners.
MoreCIB set to release results of Pacers impact study
May 10, 2010
Scott OlsonThe report from a Chicago consulting firm will detail how much the Indiana Pacers contribute to the local economy, as the
Capital Improvement Board negotiates with team officials over paying $15 million in annual Conseco Fieldhouse operating costs.
MorePacers' woes tied to Lucas Oil Stadium deal
April 16, 2010
Anthony SchoettleFive years ago, the Indiana Pacers ownership was not included in discussions about a potential new downtown home for the Indianapolis
Colts, and now city and Pacers officials are paying the price.
MorePacers playing hardball with city on lease
April 14, 2010
Anthony SchoettleThe Indiana Pacers set a June 30 deadline to get a deal worked out to operate Conseco Fieldhouse. The team wants $15 million
annually.
MoreCIB takes Black Expo grant request under consideration
April 13, 2010
Local not-for-profit wants annual $150,000 grant from the Capital Improvement Board restored to better market the Circle City
Classic.
MoreBlack Expo making pitch for lost CIB grant
April 12, 2010
Scott OlsonNot-for-profit hopes to have $150,000 in annual funding restored, particularly now that it has taken on the additional duties
related to the Circle City Classic.
MoreNCAA, city still hammering out long-term deal
April 2, 2010
Anthony SchoettleThe NCAA and city put together a deal to cover insurance and liability issues for this year's Final Four, but are still finalizing
an agreement that assures the event comes back regularly through 2039.
MoreCIB turns down Axe deodorant ad for stadium
March 9, 2010
Scott OlsonThe Indianapolis Capital Improvement Board on Monday rejected a request from Axe deodorant to place an advertisement in Lucas
Oil Stadium because the message is too racy for youngsters.
MoreLow-profile CIB leader embraces tough financial task
March 6, 2010
Scott Olson
Ann
Lathrop's interactions with the Indiana Pacers and Indianapolis Colts aren't what she might have envisioned as a young
college student pursuing a career in sports medicine. Now president of the city's Capital Improvement Board, her relations
with the teams are tied to their financial conditions rather than the health of their players.
ICVA receives $5.4M gift to promote Indianapolis
January 28, 2010
Scott OlsonThe Indianapolis Convention & Visitors Association said Thursday that it has received a $5.4 million gift to help market the
city's tourism and convention industries. The grant comes from a foundation headed by the developer of the Marriott Place
hotel complex under construction downtown.
MoreHamilton County tourism leader selected to join CIB
January 18, 2010
Scott OlsonBrenda Myers, executive director of the Hamilton County Convention and Visitors Bureau, rounds out the appointments to a restructured
Indianapolis Capital Improvement Board.
MoreVenue-management titans emerge as CIB front-runners
January 9, 2010
Peter SchnitzlerExperts 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.
MoreLucas Oil Stadium lease for Final Four is on CIB's front burner
January 9, 2010
IBJ StaffGreg 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.
MoreHere are some ways to help the CIB
January 9, 2010
Is there enough money coming in to keep the city's world-class sports facilities maintained, pay them off, put enough away
for
the inevitable refurbishing that they will need over time and also promote Indianapolis?
MoreBig companies seek chance to bid on CIB privatization
January 8, 2010
Peter SchnitzlerIndianapolis receives a dozen responses to its proposal to privatize management of Lucas Oil Stadium,
the Indiana Convention Center and, perhaps, Conseco Fieldhouse.
MoreCIB financial situation improving
December 26, 2009
Scott OlsonThe past year has been mighty unkind to the Capital Improvement Board, the entity charged with operating the city’s
professional sports venues and Indiana Convention Center.
MoreCity tries to raise cash by privatizing operations
December 26, 2009
Peter SchnitzlerIndianapolis Mayor Greg Ballard pulled out his predecessor Steve Goldsmith's Republican playbook and began exploring a host
of privatization proposals in an effort to save money.
MoreNew CIB membership nearly set
December 17, 2009
Scott OlsonMarion 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.
MoreIUPUI seeking funds from CIB to renovate Natatorium
December 14, 2009
Scott OlsonIUPUI 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.
MoreBallard set to shake up CIB with staff moves
November 24, 2009
Peter SchnitzlerCIB Treasurer Ann Lathrop will become board president, replacing Bob Grand at the helm of the organization that oversees the
city's professional sports stadiums and the Indiana Convention Center.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.