Government & Economic Development

Ballard cruises to victory in bid for second term

November 8, 2011
Francesca Jarosz
Indianapolis Mayor Greg Ballard won a second term Tuesday, pulling off a solid victory against Democratic challenger Melina Kennedy by claiming more than 51 percent of the vote.
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Democrats win mayoral elections in Fort Wayne, Muncie

November 8, 2011
Associated Press
Democrat Tom Henry has won a second term as mayor of Fort Wayne after a bitter campaign. Meanwhile, Muncie elected its first Democratic mayor in 20 years and Anderson elected a Republican.
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Incumbent defeats Speedway exec in Terre Haute

November 8, 2011
Associated Press
Republican Duke Bennett was elected for a second term Tuesday, defeating Democrat Fred Nation, an Indianapolis Motor Speedway executive.
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South Bend elects 29-year-old former Rhodes scholar

November 8, 2011
Associated Press
South Bend residents elected former Rhodes scholar and Democrat Pete Buttigieg as mayor as he easily defeated Republican Wayne Curry.
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Few polling problems reported in Marion County

November 8, 2011
 IBJ Staff and Associated Press
Indiana voters are deciding Tuesday who will lead their cities for the next four years, providing an early barometer of their mood heading into a presidential election year.
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Auto supplier plans to add 100 jobs in Logansport

November 8, 2011
Federal-Mogul Corp. said it will add the jobs next year as part of a $2.7 million expansion to purchase new machinery and equipment for its 170,000-square-foot manufacturing plant and 15,000-square-foot technical center.
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Mayoral election outcome could hinge on turnout

November 7, 2011
Francesca Jarosz
The fate of mayoral and City-County Council candidates in Tuesday’s election is likely to come down to turnout in a few key districts, including Center Township and southern Marion County.
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Congress moves to create new farm subsidy

November 7, 2011
Associated Press
Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices.
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Candidates downplay party labels in campaigns

November 6, 2011
Associated Press
The "unbranding" of the Indiana candidates is a clear political strategy as more voters tend to shed their party affiliation and identify themselves as independents.
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New Indiana commerce chief focuses on small companies

November 6, 2011
Associated Press
The new head of the Indiana Economic Development Corp. says the agency is turning its focus to smaller companies and getting them to relocate to the state so they can build their roots.
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New booze permits unleash gold rushRestricted Content

November 5, 2011
Cory Schouten
The Indiana Alcohol & Tobacco Commission plans to sell up to 101 new three-way restaurant permits for Marion County at an auction Nov. 18. The offering follows a recalculation—using fresh U.S. Census numbers—of how many permits should be distributed in the city.
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State mulls ditching traditional pensionsRestricted Content

November 5, 2011
Francesca Jarosz
Lawmakers are mulling converting the state’s pension system into a 401(k)-like model, bringing Indiana into the heated national debate over public pensions.
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Indianapolis' tech sector getting some Silicon Valley credRestricted Content

November 5, 2011
Chris O'Malley
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
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Court case might roil not-for-profit tax rulesRestricted Content

November 5, 2011
Francesca Jarosz
A Bartholomew County not-for-profit affordable housing development group is preparing to fight in Indiana Tax Court a denial of its property-tax exemption. The denial has put the organization $200,000 in debt and its rental homes in danger of tax foreclosure.
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City's original Carnegie library hits the century markRestricted Content

November 5, 2011
 IBJ Staff
The branch at 2822 E. Washington St. was one of five libraries in the city built with funds from the Andrew Carnegie Foundation.
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Daniels says 'right-to-work' law would help Indiana

November 4, 2011
Associated Press
Indiana Gov. Mitch Daniels said a right-to-work law would make the state more competitive when its comes to business-expansion opportunities.
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Lawmakers looking for solutions to online sales tax issue

November 4, 2011
Francesca Jarosz
At least one Indiana lawmaker plans to file a bill requiring the state to collect sales taxes from online retailers like Amazon.com. Other state lawmakers are working on a federal solution.
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Turkish manufacturer selects Muncie for U.S. headquarters

November 4, 2011
Kermit USA, a manufacturer and distributor of resin-composite roofing systems, plans to add 70 jobs by 2016 as part of a $12.5 million expansion in the Delaware County city.
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Unemployment dips despite decline in pace of hiring

November 4, 2011
Associated Press
The national economy added 80,000 jobs last month, the fewest in four months, but the unemployment rate dipped from 9.1 percent to 9 percent.
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Indiana continues modest tax-collection gains

November 3, 2011
Associated Press
The state announced Thursday it took in nearly $41 million more than expected last month. The state overshot its estimates by a modest 3.8 percent although collections are vastly improved from a year ago.
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Simon sues state over sales-tax loophole for Amazon.com

November 3, 2011
Cory Schouten
Simon Property Group Inc. has filed suit against the Indiana Department of Revenue in an attempt to force the state to collect sales taxes from Amazon.com Inc.
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City files nuisance charges against property owner

November 3, 2011
The complaint alleges that David J. Williams' properties have been the subject of more than 400 violations and have generated more than 30 police reports for criminal activity.
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Indiana Fair stage collapse legal claims reach 100

November 2, 2011
Associated Press
The deadline for victims of the deadly Indiana State Fair stage collapse to file legal claims with the state has passed, and officials say they're close to figuring out how much to pay each victim out of the allotted $5 million.
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Indiana AG to testify against cell phone bill

November 2, 2011
Associated Press
The bill being considered in the U.S. House would allow telemarketers and debt collectors to start dialing residents' cell phones and, if approved, would override Indiana's "Do Not Call" law and lead to a flood of robocalls, Greg Zoeller said.
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Indiana officials blast feds for 'over-regulation' on reform

November 1, 2011
J.K. Wall
Michael Gargano, secretary of the Indiana Family and Social Services Administration, blasted the rules for both “glaring omissions” as well as creating new and unfunded “mandates” not included in the 2010 health reform law
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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