Government & Economic Development

CIB loss from Super Bowl in line with projections

April 9, 2012
Scott Olson
Preliminary financials show the board that manages the city's sports and convention facilities so far has lost nearly $350,000 due to the Super Bowl. That figure is expected to grow to $800,000.
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Lower crop reserves raising food costs in election year

April 9, 2012
Bloomberg News
U.S. corn stockpiles are poised to be the smallest in 16 years by August and soybean reserves will be lower than the government expected, potentially accelerating food-price inflation in an election year.
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Union says right-to-work law violates free speech

April 9, 2012
Associated Press
Union attorneys are using a U.S. Supreme Court ruling that gave corporations and unions the green light to spend unlimited sums of cash on campaign ads as part of a legal effort to overturn Indiana's new right-to-work law.
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Lugar, Mourdock prepare for lone debate in Senate race

April 8, 2012
Associated Press
Until now, Indiana's Senate Republican primary race between longtime U.S. Sen. Richard Lugar and Indiana Treasurer Richard Mourdock has been dominated by television ads, millions of campaign phone calls and foment among Indiana's strong base of conservative voters:
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New data brightens Indy area's jobs pictureRestricted Content

April 7, 2012
J.K. Wall
Bureau of Labor Statistics revises numbers, but region is still 30,000 jobs short of pre-recession peak.
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Merger of pollution boards worries enviros, chamber

April 6, 2012
Associated Press
A new state law that merges three longtime rule-making boards into a single panel is stoking concerns among business and environmental groups about what the shift could eventually mean for Indiana's environmental regulations.
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Daniels reputation on line with Indiana's $205M tax error

April 5, 2012
Associated Press
Gov. Mitch Daniels has built a national image as a persnickety fiscal manager with an eye for detail, but two massive accounting errors that have tilted Indiana's books by more than half-a-billion dollars threaten to tarnish that reputation as the popular Republican prepares to leave office.
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Indiana officials step down after $205M in local taxes mishandled

April 5, 2012
 IBJ Staff and Associated Press
The head of Indiana's Department of Revenue and two other officials are resigning after $205 million in local option income taxes were not distributed to counties. Marion County will get an extra $41 million from the oversight.
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Democrats, Mourdock attack Lugar on gas prices

April 4, 2012
Associated Press
U.S. Sen. Richard Lugar's opponents are hitting the embattled incumbent on policies they say would be driving gas prices higher than they already are.
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Governor signs state smoking ban into law

April 4, 2012
Associated Press
Indiana Gov. Mitch Daniels signed the smoking ban bill and other legislation during a ceremony Monday morning at his Statehouse office.
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Smoking ban proposal advances to City-County Council

April 4, 2012
The new proposal, which passed through committee Tuesday night, is nearly identical to the last measure except that it no longer bans smoking at existing private clubs. That addition prompted Mayor Greg Ballard to veto the previous version.
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IBM: Indiana canceled deal because of budget woes

April 3, 2012
Associated Press
The real reason Indiana canceled its nearly $1.4 billion contract with IBM for a troubled welfare automation system was state budget problems, a lawyer for the computer giant argued Tuesday. But the state said IBM was more concerned about profit than getting assistance to needy people.
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Former Evansville mayor joins Faegre Baker Daniels

April 3, 2012
Jonathan D. Weinzapfel will use his political experience as a member of the firm's government practice. He served two terms as mayor before leaving office in January.
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Ex-Democratic official charged in ballot petition forgery

April 3, 2012
Associated Press
A former Democratic Party county chairman in northern Indiana has been charged with leading a scheme to forge signatures on petitions to place Barack Obama and Hillary Clinton on the state's 2008 presidential primary ballot.
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Whirlpool agrees to pay state $800,000 for job losses

April 3, 2012
Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for in an economic development incentives agreement.
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Right-to-work boosting job-marketing efforts in IndianaRestricted Content

March 31, 2012
Scott Olson
Local economic development groups are wasting no time touting Indiana's new right-to-work law, a spot check shows.
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Tax caps zap schools in Zionsville; Lebanon district awash in cashRestricted Content

March 31, 2012
J.K. Wall
Changes made five years ago in state property-tax laws have strangled the school district in wealthy Zionsville, while schools in neighboring blue-collar Lebanon are in solid financial shape.
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Brainard seeks deal on maxed-out TIFRestricted Content

March 31, 2012
Kathleen McLaughlin
Carmel Mayor Jim Brainard might relinquish his political trump card in an effort to refinance some of the $240 million in debt that’s weighing on the city’s tax-increment finance districts.
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City narrows field of contenders vying to develop Mass Ave parcel

March 31, 2012
Cory Schouten
A midrise mix of apartments and first-floor retail is the most likely replacement for a 1.45-acre Mass Ave parcel occupied by the Indianapolis Fire Department.
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Developer, contractors brawling over FBI construction projectRestricted Content

March 31, 2012
Cory Schouten
The developer and contractors who built the FBI’s new $39 million Indianapolis field office, just north of Castleton Square Mall, are squabbling in court a year after wrapping up work on the project.
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Deal allows Lugar to move Indiana voter registration

March 30, 2012
Associated Press
Indiana Sen. Richard Lugar will switch his voter registration to his family farm in resolving a dispute with local election officials who ruled that he couldn't vote using the address of an Indianapolis home he sold in 1977.
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Carmel consulting firm plans to expand, add 96 jobs

March 29, 2012
enVista LLC, which provides enterprise and supply chain consulting services, plans to add nearly 100 workers by 2016 as part of a $1.2 million expansion at its Carmel headquarters on North Meridian Street.
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Westfield seat-belt maker plans to add 65 workers

March 28, 2012
 IBJ Staff
Westfield-based safety company IMMI said it plans to hire more than 65 full-time workers and 50 temporary employees to keep up with demand for lap and shoulder belts for school buses.
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Bloomington-based employment agency plans to add 307 jobs

March 28, 2012
Employment Plus Inc. said it plans to add the positions by 2015 at it establishes a new headquarters and staffs new branches in the state.
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Firm to reimburse vehicle owners for illegal towing

March 27, 2012
 IBJ Staff
Interstate/Delaware and South Towing will pay about $80,000 to owners of more than 300 vehicles unlawfully towed from the Indiana Avenue parking lot under an agreement reached with the city prosecutor.
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