Government & Economic Development

Indiana Arts Commission delays changes

March 12, 2010
Kathleen McLaughlin
The Indiana Arts Commission on Friday morning accepted a staff recommendation to alter its regional partnership program, but will delay action until next month.
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Official: Promised rate reduction key in $1.9B city water, sewer deal

March 10, 2010
Chris O'Malley
Cost 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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Indiana's jobless rate holds steady at 9.7 percent

March 10, 2010
Scott Olson
The state's unemployment rate in January remained unchanged from the seasonally adjusted figure of 9.7 percent Indiana reported in December.
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Citizens Energy to take over city's water, sewer utilities

March 10, 2010
 IBJ Staff
The agreement is expected to generate more than $425 million in funding for local infrastructure improvements, and Citizens has agreed to assume $1.5 billion in debt associated with the utilities.
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Indiana closer to eliminating anti-smoking agency

March 9, 2010
 IBJ Staff and Associated Press
The plan approved by the Republican-controlled Senate would transfer the duties of the Tobacco Use Prevention and Cessation board to the State Department of Health.
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CIB turns down Axe deodorant ad for stadium

March 9, 2010
Scott Olson
The 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.
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Huge tax-credit deal will fund rehab of 538 apartment units

March 9, 2010
Tom Harton
The largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned by the Indianapolis Housing Agency.
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Talks resume at Statehouse after brief impasse

March 9, 2010
Associated Press
Negotiations on some major issues resumed in the Indiana General Assembly on Monday after a meltdown occurred last week.
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Low-profile CIB leader embraces tough financial task

March 6, 2010
Scott Olson
Lathrop Watch VideoAnn 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.
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HICKS: Courage will be necessary to curb inflationRestricted Content

March 6, 2010
Mike Hicks
Inflation causes lenders to raise interest rates. Businesses slow their borrowing, produce less and require fewer workers. Within a year or so, inflation becomes everyoneâ??s problem.
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Dow AgroSciences considered expansion elsewhere

March 5, 2010
Peter Schnitzler
Agricultural biotech firm hired a site-selection consultant and considered other cities around the world for its $340 million expansion.
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Indiana lawmakers fail to wrap up session

March 5, 2010
Associated Press
Lawmakers hoped to adjourn by midnight, days before a March 14 statutory deadline for finishing business, but are still bogged down on several issues.
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Workplace guns bill gets final legislative OK

March 4, 2010
Associated Press
The Indiana General Assembly approved a bill that lets workers keep firearms locked in their cars in trunks or out of sight while parked on company property.
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Ballard solicits business help in aid of Indy Parks

March 4, 2010
Peter Schnitzler
Corporate contributions, volunteerism help shore up struggling city department after recession-driven cuts reduce budget by nearly one-fifth.
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Dow Agro plans $340M expansion, 577 new jobs

March 4, 2010
Peter Schnitzler
The investment will greatly expand the company's research and development capacity and is a major win for the Indiana life sciences industry. Dow AgroSciences expects most of the positions to pay between $65,000 and $95,000 annually.
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Ballard to visit Brazil on business-development trip

March 3, 2010
Peter Schnitzler
Economic development mission targets clean technology and motorsports business-development opportunities.
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Indiana lawmakers still hoping to adjourn Thursday

March 3, 2010
Associated Press
Lawmakers are close to a compromise on a work-site guns bill, but remain farther apart on several other issues.
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Indiana tax collections for February down $86 million

March 2, 2010
Associated Press
Tax collections for February fell $86 million below a revised December forecast. Revenue is down $166 million in the first three months since that forecast.
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Hearings on Walgreens' bid to sell alcohol continued

March 1, 2010
Scott Olson
The Illinois-based drugstore chain is seeking to sell beer and wine at 29 of its stores in Marion County. Opponents argue that the county already has granted enough permits.
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Officials: Weak smoking ban hurts Indianapolis' hospitality efforts

February 27, 2010
Anthony Schoettle
The ongoing smoking-ban debate is getting a new spark from convention leaders trying to light a fire under lawmakers, who have been reluctant to approve the kind of comprehensive smoking ban that health—and now tourism—officials say is needed here.
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Ballard retooling city's curbside recycling strategyRestricted Content

February 27, 2010
Peter Schnitzler
Mayor Greg Ballard plans to renegotiate the city's trash-collection-and-processing deals, a move aimed at boosting Indianapolis' woeful 3.5-percent curbside-recycling rate and making the city one of the best environmental stewards in the Midwest.
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Mitch Daniels probably won't run for president, but what if he did?

February 27, 2010
 IBJ Staff
In a recent interview with Barrons, Daniels gave far more detail about how he’d apply his approach to state government at the federal level.
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$22.3 billion public pension merger poised to fail again

February 26, 2010
Peter Schnitzler
Key House Democrat recommends summer study for a Gov. Daniels legislative priority: consolidation of the $14.2 billion Indiana Public Employees Retirement Fund and the $8.1 billion Indiana State Teachers Retirement Fund.
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Indiana Senate approves plan to cut township boards

February 25, 2010
Associated Press
The bill now likely will go to a House-Senate conference committee to try to resolve the House-passed and Senate-approved versions of the bill.
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Ethics bill clears Senate with unanimous support

February 25, 2010
Associated Press
The most sweeping Indiana legislation in years to tighten ethics and lobbying rules cleared the state Senate 50-0 Thursday and appeared headed soon to Gov. Mitch Daniels for his signature.
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