Government & Economic Development

City utility deal treads in murky watersRestricted Content

April 3, 2010
Chris O'Malley
A $1.9 billion proposal to sell the city’s water and sewer utilities splashed into public view last month, but some financial details settling at the bottom line could make the deal harder to swallow.
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State chamber, manufacturers lobby for unemployment debt relief

April 3, 2010
 IBJ Staff
Two of Indiana’s most influential business advocates are lobbying Congress for relief from the state’s fast-growing Unemployment Insurance Trust Fund debt.
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Retired Junior Achievement exec files defamation suit

April 2, 2010
Kathleen McLaughlin
Former Junior Achievement CEO Jeff Miller says Mayor Greg Ballard was about to hire him as a senior policy adviser, but comments by Central Indiana Community Foundation President Brian Payne and current CEO Jennifer Burk ruined the offer.
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NCAA, city still hammering out long-term deal

April 2, 2010
Anthony Schoettle
The 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.
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Raytheon lands key Navy contract

April 2, 2010
Kathleen McLaughlin
Raytheon Technical Services Co. LLC in Indianapolis will develop a new bomb rack for U.S. Navy airplanes under a recently awarded $32.4 million contract.
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Group rounds up business help for Census

April 1, 2010
Brock Benefiel
As deadline day arrives, the Indianapolis Complete Count Committee is encouraging area companies to provide funding for local marketing and events designed to encourage citizens to fill out their Census forms.
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Governor approves new teacher licensing rules

March 30, 2010
Associated Press
Daniels signed the new rules Tuesday, three months after a state panel approved them amid criticism from college educators.
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Final Four helps Indianapolis warm up for 2012 Super BowlRestricted Content

March 27, 2010
Anthony Schoettle
The goal of any host city of a major sporting event is simple: Rake in as much cash as possible during the days the event is in town and maximize future economic potential by boosting the city’s image among everyone who watches on television. Execution is more difficult.
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Jobless claims drop more than expected

March 25, 2010
Associated Press
New claims for unemployment benefits fell more than anticipated last week—partially due to changes in the calculations—as layoffs ease and hiring slowly recovers.
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Daniels warns of health bill's 'immorally huge' taxes

March 25, 2010
Associated Press
Daniels told members of the Economic Club of Indianapolis that it's ridiculous for anyone to suggest the nearly $1 trillion health care overhaul signed into law Tuesday by President Barack Obama won't add to the nation's debt.
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Urban expert lauds Indianapolis for progress

March 24, 2010
Scott Olson
Native Hoosier Aaron Renn, who writes the popular Urbanophile blog, said Indianapolis stacks up well against its Midwestern counterparts and can compete for jobs with national hot spots such as Portland, Ore.
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Tokusen USA planning 135 jobs at new Scottsburg plant

March 24, 2010
 IBJ Staff
Arkansas wire-maker Tokusen USA Inc. plans to establish a manufacturing plant in Scottsburg, state economic development officials said Wednesday, touting the nearly 135 jobs expected over the next two years.
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Obama signs historic $938 billion health care overhaul

March 23, 2010
Associated Press
Attorneys general from 13 states filed suit to stop the overhaul just minutes after the bill signing, contending the law is unconstitutional. Other state attorneys general may join the lawsuit later or sue separately.
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State attorney general looks to challenge health care bill

March 22, 2010
Associated Press
Attorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in court.
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Attorney selected to fill Plowman's City-County Council seat

March 20, 2010
Associated Press
Republican precinct committee members selected a replacement of Lincoln Plowman, who resigned earlier this month.
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Animal shelter tries to improve under new leader, tight budget

March 20, 2010
Peter Schnitzler
Indianapolis' new public safety director says the city's pound is woefully underfunded. But he also takes umbrage at critics who call it a dirty death row for unwanted cats and dogs.
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Prosecutor Brizzi defends no-cost real estate deal

March 20, 2010
Cory Schouten
Marion County Prosecutor Carl Brizzi paid nothing for a 50-percent stake in an Elkhart office building he acquired with a local defense attorney.
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Indy Partnership aims to double economic development dealsRestricted Content

March 20, 2010
Peter Schnitzler
The organization last year closed 11 business expansion or attraction deals, netting 2,950 new jobs in the process.
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Year delay in unemployment tax hike won't satisfy Uncle SamRestricted Content

March 20, 2010
Peter Schnitzler
Hoosier legislators are crowing about the deal they just brokered to delay a $400 million state tax hike meant to shore up Indiana's bankrupt Unemployment Insurance Trust Fund. Here's what they're not touting: the mandatory federal tax increases every single business in Indiana now faces the next three years.
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Net metering bill short-circuited in legislature

March 20, 2010
 IBJ Staff
Bill would have allowed businesses, universities and other organizations generating their own power to receive a retail credit on their utility bills.
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HICKS: Taxation not top factor in attracting businessRestricted Content

March 20, 2010
Mike Hicks
Businesses care about taxes to be sure, but the availability of a pool of well-trained workers is at the forefront of most business-location decisions.
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Blue Bell ice cream coming to Indianapolis

March 19, 2010
Scott Olson
Texas-based Blue Bell Creameries will begin selling its ice cream in nine metropolitan Meijer stores beginning April 5. Distribution will be assisted by the building of a 12,000-square-foot facility on the northwest side.
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Democrat stalwart Hogsett said to be U.S. attorney nominee

March 19, 2010
Scott Olson
The U.S. Attorney's office in Indianapolis has been without a presidentially appointed U.S. attorney for more than two years. Joe Hogsett, a former secretary of state, is likely the frontrunner.
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City economic development office hires international leader

March 19, 2010
Peter Schnitzler
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
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Workplace guns bill gets governor's signature

March 18, 2010
Associated Press
The law, which takes effect July 1, lets workers keep guns locked out of sight in their vehicles while parked on their employers' property.
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