Government & Economic Development

Democrats pick up pieces after Tuesday's bloodbath

November 8, 2010
Democrats lost 12 House seats, two congressmen and a U.S. senator, and the party failed to win any of three state offices.
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City's Conrad hotel investment starts to pay off for taxpayers

November 6, 2010
Cory Schouten
The city put up $25 million for the hotel, restaurant and condo development at the corner of Washington and Illinois streets, including $3.75 million in exchange for the economic equivalent of an 8-percent stake.
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Indiana health exchange may take page from Utah playbookRestricted Content

November 6, 2010
J.K. Wall
In Utah, employers can give each of their workers a specific amount of money to apply toward health insurance. The worker then can use that money to choose from the 66 plans in the health insurance exchange.
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Daniels: No word on White House run until April

November 5, 2010
Associated Press
Republican Indiana Gov. Mitch Daniels says politicians thinking about the next election in 2012 should "stifle" themselves for a while.
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Daniels wants changes in education, unemployment

November 4, 2010
Associated Press
Republican Gov. Mitch Daniels' 2011 legislative agenda includes expanding charter schools, establishing merit pay for teachers, cutting unemployment benefits and raising unemployment insurance taxes on businesses.
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Library cuts 37 employees in effort to reduce deficit

November 4, 2010
The Indianapolis-Marion County Public Library's decision to reduce its work force is in response to expected revenue annual shortfalls of up to $4 million through 2013. The cuts follow a reduction in hours last month.
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IU economists: Slow growth expected in 2011

November 4, 2010
Scott Olson
Economic growth will remain sluggish into next year as companies remain hesitant to add jobs, Indiana University economists said Thursday morning during their annual forecast.
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Democrats look to rebuild after Republican gains

November 3, 2010
Associated Press
Indiana Democrats are looking for a life preserver heading toward 2012. And their best hope might rest with the man some blame in part for at least one of the party's losses: retiring Sen. Evan Bayh.
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New GOP-led House will focus on private-sector job creation

November 3, 2010
Francesca Jarosz
With new control of the Indiana House, Republican lawmakers plan to pursue an agenda focused on encouraging the private sector to create jobs and passing a budget without tax increases.
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City commission set to approve refinery plans

November 3, 2010
The Metropolitan Development Commission is expected Wednesday afternoon to approve Heritage-Crystal Clean Inc.'s plan to build its first used oil re-refinery, on West 10th Street. The project is estimated to cost $40 million and should create 55 jobs by 2013.
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After 2008 change, Indiana returns to GOP roots

November 3, 2010
Associated Press
Republicans picked up the U.S. Senate seat vacated by Democrat Evan Bayh and two southern Indiana congressional seats that had been held by Democrats. They also appeared poised to claim a two-thirds majority in the Indiana Senate and take control of the state House of Representatives.
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School referendums voted down in several districts

November 2, 2010
 IBJ Staff
Voters shot down school referendums in several central Indiana districts Tuesday, including Zionsville, Anderson, Center Grove, Mount Vernon, Shelby County and Elwood.
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GOP takes 2 Indiana congressional seats from Dems

November 2, 2010
Associated Press
Republicans defeated Democratic Rep. Baron Hill and captured another seat Tuesday that the party had targeted as part of its effort to win control of the U.S. House, but Rep. Joe Donnelly prevented a GOP sweep of Indiana's three swing districts.
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Democrats win prosecutor's race, other Marion County seats

November 2, 2010
 IBJ Staff
Democrat Terry Curry has been elected Marion County prosecutor, defeating Republican candidate Mark Massa in a close race. Democrats also won the sheriff's race and other countywide seats.
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Democrat Donnelly holds on in 2nd District

November 2, 2010
Associated Press
Democrats have held onto one of the most hotly contested congressional seats in the country with Rep. Joe Donnelly barely winning re-election Tuesday in northern Indiana's 2nd district.
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GOP retains control of Indiana statewide offices

November 2, 2010
Associated Press
Republican Charlie White overcame allegations of voter fraud to become Indiana's next chief election officer, and Republican incumbents held onto their jobs as auditor and treasurer.
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Republican Young defeats Hill in 9th District

November 2, 2010
Associated Press
Republican Todd Young has defeated five-term Democratic Rep. Baron Hill in southern Indiana's 9th district, dealing Democrats a second loss in congressional seats they held in the state.
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Indiana voters OK property tax cap amendment

November 2, 2010
Associated Press
Indiana voters have overwhelmingly approved a constitutional amendment that will make property tax limits more permanent.
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UPDATE: Coats returns to U.S. Senate from Indiana

November 2, 2010
Associated Press
Coats defeated Democratic U.S. Rep. Brad Ellsworth and Libertarian Rebecca Sink-Burris on Tuesday in the race to succeed Democrat Evan Bayh. The GOP counted on a Coats victory to help the party win the 10 seats it needs to gain control of the Senate.
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GOP gains seat with Bucshon's win in 8th District

November 2, 2010
Associated Press
Republican Larry Bucshon has won southwestern Indiana's 8th Congressional District, giving the GOP a U.S. House seat that Democrats have held the last four years.
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Democrat Carson re-elected

November 2, 2010
Associated Press
Democratic Rep. Andre Carson has easily won election to a second term from Indiana's 7th Congressional District despite his unwavering support for President Barack Obama.
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Rokita wins in 4th District

November 2, 2010
Associated Press
Indiana Secretary of State Todd Rokita has kept the state's 4th Congressional District in the Republican column by winning the election to replace retiring Rep. Steve Buyer.
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GOP's Pence scores easy re-election in 6th District

November 2, 2010
Associated Press
Congressman Mike Pence easily defeated Democrat Barry Welsh, a United Methodist minister from Connersville who has lost three straight challenges to Pence.
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GOP's Burton wins 15th term in Indiana's 5th District

November 2, 2010
Associated Press
Republican Rep. Dan Burton will continue his reign as Indiana's longest-serving congressman after winning election to his 15th term.
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Indiana voters deciding outcome of big GOP push

November 2, 2010
 IBJ Staff and Associated Press
Indiana voters headed to the polls Tuesday amid Republican hopes for big gains in the state's congressional delegation and Legislature, but it wasn't immediately clear whether voters were turning out in the numbers the party had hoped for.
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  1. 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.

  2. If you only knew....

  3. 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.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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