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Privatization
Lottery Commission inks contract, losing bidder files protest
October 12, 2012
Kathleen McLaughlinHoosier Lottery officials on Friday signed a 15-year contract with private manager GTECH Indiana, which promised to return
$1.76 billion to state coffers over the next five years.
MoreIU may hit jackpot by leasing parking in Bloomington, Indy
August 25, 2012
Kathleen McLaughlinIndiana University is about two weeks away from issuing a request for proposals on a lease that would last 30 to 50 years,
Chief Financial Officer Neil Theobald said. A similar deal at The Ohio State University generated $483 million.
MoreDaniels says investors overpaid on Indiana Toll Road
June 29, 2011
Associated PressGov. Mitch Daniels on Wednesday marked the 5-year anniversary of the $3.8 billion lease. He said the state is insulated from
any financial problems under the deal it crafted even though an investor group is in danger of defaulting.
MoreCity offers another parks facility for lease
January 24, 2011
Francesca JaroszIndy Parks & Recreation officials on Monday issued a request for proposals from entities interested in leasing the Riverside
Marina facility near 30th Street and White River Parkway.
MoreBallard to raise millions through utility, meter deals
December 24, 2010
Francesca JaroszIn the spring, Mayor Greg Ballard introduced a plan to sell the city’s water and sewer utilities to Citizens Energy
Group, the public charitable trust that owns Citizens Gas. About six months later, he rolled out a deal to lease the city’s
parking meters to a private operator.
MoreLocal parking vendor eyes contract with ACS
November 17, 2010
Scott OlsonT2 Systems Inc., which makes software to manage the enforcement of parking violations and the collection of fines, is hopeful
it can continue providing the service under a new parking-meter manager.
MoreCity-County Council OKs parking privatization
November 15, 2010
IBJ StaffCity-County Council members voted 15-14 Monday night to clear the way for Indianapolis to lease its parking meters to a private
firm, a move proponents say will upgrade the system even as it generates revenue for infrastructure improvements.
MoreChicago's experience causes other cities to redo parking deals
November 15, 2010
IBJ Staff and Bloomberg NewsIndianapolis' City-County Council could vote Monday night on its proposed 50-year agreement with Xerox Co.’s Affiliated
Computer Services, which was revised after public outcry over the original proposal.
MoreNew parking meter plan could yield Indianapolis more cash
October 30, 2010
Francesca JaroszThe revised plan calls for less money up front, more over the life of the contract and more flexibility to terminate the 50-year
deal early.
MoreVeolia losing water contract, will get $29M termination fee
October 28, 2010
Chris O'MalleyPlaying a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says.
Citizens plans to make job offers to "substantially all" Veolia employees.
MoreCity rolls out revised parking-meter deal
October 20, 2010
Francesca JaroszCity would reap more cash in the long run and get more flexibility to alter the deal if necessary, but the controversial 50-year
term of the contract remains.
MoreCritics of parking proposal question $500,000 penalty
September 28, 2010
Scott OlsonCity leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council
signs off on the deal, not if the contract doesn't win approval.
MoreProposed city parking deal would bring 200 jobs
September 21, 2010
Francesca JaroszA proposal to lease the city’s parking meters for 50 years would require the vendor to bring 200 jobs to Indianapolis
for at least seven years. The salaries and benefits would range from $16,000 to $95,000 a year.
MoreCity's parking deal similar to much-maligned Chicago pact
September 18, 2010
Francesca JaroszOfficials promoting a 50-year lease of Indianapolis' parking meters have taken pains to point out the differences between
their proposal and a controversial 75-year parking meter lease in Chicago. But a close look at both contracts shows Indianapolis'
pact largely uses the Chicago template.
MoreCity parking agreement to receive first scrutiny
August 30, 2010
Indianapolis' Department of Public Works Board and its City-County Council Rules and Public Policy Committee both will meet
on Monday to consider the long-term deal. It would need approval from the City-County Council before taking effect.
MoreCity vendor may get $1.2B from parking-privatization deal
August 28, 2010
Cory SchoutenThe pitch from Mayor Greg Ballard’s administration to privatize the city's parking meters is compelling, but the proposal
to sell the meters to Dallas-based Affiliated Computer Services Inc. has the city giving up more in the long run than is immediately
apparent.
MoreCity chooses firm to oversee parking-meter operations
August 20, 2010
Scott OlsonThe city has entered into a 50-year lease agreement with Dallas-based Affiliated Computer Services Inc. The
city will receive $35 million upfront and a share of revenue to make sidewalk and street repairs. Parking meter rates are
expected
to double in some areas.
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.
MoreMARCUS: Privatization not the only answer
April 24, 2010
Morton MarcusPrivatization is a popular political parlor
game. Instead of providing thoughtful reasoning for consideration by an informed electorate, officials try to meet public
needs through artfulness.
MoreParking privatization may spur economic development
April 9, 2010
Peter SchnitzlerMayor Greg Ballard's potential lease of more than 15,000 street, surface and garage parking spaces could create turnover downtown
and in Broad Ripple, boosting retailers and restaurants.
MoreOfficial: Promised rate reduction key in $1.9B city water, sewer deal
March 10, 2010
Chris O'MalleyCost savings from combining three utilities helped give Citizens Energy Group an advantage in the deal to take over Indianapolis'
water and sewer operations, said Michael Huber, the city’s director of enterprise development.
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Irvington is up and coming much like Fountain Square. We would love to have something like this in our neighborhood!
Why do we care who has submitted proposals if we can't review the proposals? It's publicly owned land, but the public has zero say in what gets chosen to be built there. Yep, that sounds about right.
Perhaps May 21 is "Evangelical Day" over at the IBJ?
I don't know what's more depressing: that this passes for a defensible elective in a publicly funded SCIENCE class, or that more than half of the posters here are defending this charlatan. Intelligent design is creationism. Creationism is religion. Yes, we have freedom of religion, which deserves to be protected. Now someone kindly show Professor Hedin his freedom by escorting him over to the Religion department at BSU. Carry on.
I hope people realize that the 'vocal' opposition at the meeting represent the minority of people against this project. As with any controversial project - those who don't want it are the loudest, while those who like it or really don't care one way or the other don't come to such meetings. Unfortunately the same may be true of the survey now being offered by the BRVA. I live less than a 5 minute walk from BR Avenue and can tell you that I and most of my neighbors are support this exciting project, or are ambivalent. And how great that it includes quality apartments - something that BR sorely lacks. This is a first class opportunity that we should embrace (and no, I'm not with the BRVA or the developer.) As for the fellow who owns the Good Earth store, if he doesn't want competition then let him pull together his own investors and out bid Whole Foods to operate the proposed grocery component! Come on folks - let's move ahead.