Water
Work on city's 8-mile sewage tunnel gets underway
April 26, 2012
Associated PressWork is starting on an 8-mile-long tunnel under the south side of Indianapolis that is the first major part of a $1.6 billion
project aimed at reducing the release of raw sewage into the city's rivers.
MorePurchase of city water utility lifts Citizens Energy's profits
April 7, 2012
Chris O'MalleyThe $1.9 billion sale of the city’s water and sewer utilities was a profit gusher last year for buyer Citizens Energy
Group—at least on paper. Dwarfing the returns of its gas, thermal and other divisions, the newly renamed Citizens Water
turned a profit of $53.4 million.
MoreCitizens not ready to get behind historic designation for Central Canal
April 7, 2012
Chris O'MalleyPreservationists want protections for the historic waterway, but the utility that just bought it is afraid National Register
status will cause unintended consequences.
MoreCitizens Energy projects bigger savings from deal
March 3, 2012
Cost-savings tied to the purchase of the city's water and sewer utilities are also expected to be realized sooner than predicted.
MoreCitizens Energy projects greater, faster savings from deal
February 28, 2012
IBJ StaffCitizens Energy Group says savings from combining the city’s water and sewer utilities will be 13 percent higher than
expected and come two years sooner than previously predicted.
MoreCitizens Energy gets interest-rate bargain on bonds sold for utility purchase
August 27, 2011
IBJ StaffStock-market swoon contributes to favorable terms on purchase of city's water, sewer systems.
MoreIndianapolis, Beech Grove settle utility billing feud
August 26, 2011
Indianapolis and Beech Grove wrapped up their decade-old dispute prior to the city's official transfer of its water and wastewater
utilities to Citizens Energy Group.
MoreLandmark water tower could be razed in Greenwood
August 14, 2011
Associated PressA central Indiana water tower that once served as a local landmark for residents is being targeted for demolition because
officials say it poses a safety hazard to a nearby airport.
MoreMayoral foe: Utilities sale money should fund 'human capital'
July 22, 2011
Francesca JaroszDemocratic mayoral candidate Melina Kennedy unveiled a proposal Friday to set aside $150 million in proceeds from the sale
of the city's water and sewer utilities to fund early education, crime prevention and job training.
MoreRegulators approve Indianapolis water utility transfer
July 13, 2011
Francesca JaroszState regulators on Wednesday approved a proposal to transfer control of Indianapolis’ water and sewer utilities to
a local not-for-profit trust. The $1.9 billion sale will put management of the utilities into the hands of Citizens Energy
Group.
MoreCity seeks bids for $300M sewage tunnel system
May 9, 2011
Cory SchoutenCity officials are seeking bidders for the first phase of Indianapolis' largest-ever public works project, an underground
tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.
MoreIndustrial support for utility sale to cost $1.5 million
April 29, 2011
IBJ StaffThe price to get big industrial firms like Eli Lilly and Co., National Starch and Rolls-Royce Corp. to support the sale of
the city’s water and sewer utilities to Citizens Energy Group is at least $1.5 million.
MoreSettlement caps Citizens Energy customers' deal fees
April 23, 2011
Chris O'MalleyRatepayers would pay no more than $14 million to cover charges associated with Citizens' purchase of Indianapolis water and
sewer utilities. Some say the capped amount is too much.
MoreCitizens Energy agrees to document utility savings
April 13, 2011
Associated PressA not-for-profit public trust that wants to buy Indianapolis' water and sewer utilities has agreed to document all of
the savings it says the $1.9 billion deal would create. State regulators still must approve the transaction.
MoreIndiana OKs 26-percent Indianapolis water increase
February 2, 2011
IBJ Staff and Associated PressRegulators have approved a 26-percent rate increase for Indianapolis water customers, the Indiana Utility Regulatory Commission
announced Wednesday, less than the 33.4-percent increase requested.
MoreWater employee: Veolia falsified records to get bonuses
December 28, 2010
Chris O'MalleyTestimony is part of effort to deny Veolia Water $29 million contract termination fee as part of utility sale. Group claims
salaried employees owed millions of dollars.
MoreGroup opposes city plan to pay water manager Veolia $29M
December 20, 2010
Chris O'MalleyThe city should refuse to pay the contract-termination fee given alleged defaults by Veolia, the consumer group says. Veolia
is out after city sells the water company to Citizens Energy Group.
MoreTouted Build America Bonds may not be available for utility deal
December 4, 2010
Chris O'MalleyCitizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
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.
MoreCustomer-service jobs likely casualty in utility merger
October 4, 2010
Chris O'MalleyConsultant finds 23 or so customer-service jobs may be unneeded after Citizens Energy acquires city water and sewer utilities.
Administrative jobs may also be on bubble, though most savings are from capital-related expenses.
MoreSmooth utility deal carries potential bonus for city
August 21, 2010
Chris O'MalleyIf Citizens Energy can successfully manage and mitigate over the next two years the city's lingering legal and contractual
obligations involving the water and sewer utilities Citizens is negotiating to buy, the city can hang onto an extra $25 million
in the deal.
MoreCity lands $13.8M more than expected from water deal
August 19, 2010
Chris O'MalleyThe city's AAA bond rating boosts proceeds to $153.8 million. It originally expected $140 million for street, bridge and
sidewalk projects.
MoreCouncil advances utilities transfer proposal
July 27, 2010
IBJ Staff and Associated PressCity-County Council members voted 19-10 Monday night to approve Republican Mayor Greg Ballard’s $1.9 billion plan to
transfer Indianapolis’ water and sewer utilities to Citizens Energy Group.
MoreKey vote ahead for utilities transfer
July 26, 2010
IBJ StaffA plan to transfer the city's water and sewer utilities to Citizens Energy Group faces a key vote Monday night at a meeting
of the City-County Council.
MoreWater, sewer utility sale passes another hurdle
July 20, 2010
IBJ StaffSale of city's water and sewer utilities faces showdown on Monday with full council vote.
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Any "Domestic Partner Registry" is subject to significant fraud just like the recent media investigation showing huge problems with the Indiana Sex and Violent Offender Registry.
What prevents people from claiming benefits from more than one employer for more than one "partner"?
Don't see the HR department conducting sex & committed relationship audits with home visits?
Words cannot adequated express how riduculous this is. How can anyone go from 8.8 million to 29.2 million (thanks for the $4 gas prices by the way)??
As the city is increasing employee costs, lowering insurance coverages, and completely dropping city/county benefit coverage for employed spouses/kids employed elsewhere, they want to start covering homosexual partners, girl/boy friends, and unemployed room mates?
"At the heart of the change, said Speedway executives, is creating an event that is more friendly toward the track’s corporate partners." What about the fan? For the first time in my 15 years going to the track, I was confined to three small, cramped sections of turn 4 on Pole Day. Not enjoyable. Sponsors banners may generate revenue in the short term, but I don't see IMS/IndyCar doing anything to make the product they are selling more desirable. Sponsors only come where the fans are, so seems to me they have to do something to get more fans in the seats before selling advertising space on the walls. And 220 MPH ain't going to do it!
TV ratings anyone? Name a driver that is not Penske or Ganassi? Ads on the turns? "It's a business..." that is the problem. It's racing and they are ruining it. Tony H. is spinning.