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Government & Economic Development
City 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.
MoreiSalus sees business boom as docs chase stimulus cash
August 28, 2010
J.K. WallThe company is seeing a rush of new sales for its Web-based electronic medical record system from doctors, who all stand to
receive bonus payments from the federal stimulus act for computerizing their patient records.
MoreCIB's 2011 budget slated to grow by $10 million
August 27, 2010
Scott OlsonCapital Improvement Board president says initial $10 million payment to the Indiana Pacers is not only reason for the larger
budget. Rather, she insisted it's largely due to $5 million in renovations slated for Conseco Fieldhouse and other CIB-operated
facilities.
MoreEstimate puts Indiana health overhaul costs at $3.1B
August 25, 2010
Associated PressFamily and Social Services Administration Secretary Anne Murphy and acting Insurance Commissioner Stephen Robertson have sent
Gov. Mitch Daniels a letter that now estimates the overhaul will cost Indiana $235 million more than the previous estimate
in May.
MoreLocal government supplier cracks Inc. 500's top 10
August 25, 2010
Scott OlsonA combination of military service and education has helped Kevin Paul turn Indianapolis-based KPaul Properties LLC into one
of the fastest-growing companies in the nation.
MoreDaniels says Indiana will seek new stimulus money
August 25, 2010
Associated PressDespite criticizing the latest stimulus package, Indiana Gov. Mitch Daniels said he will ask the federal government to send
the state more than $435 million for schools and Medicaid.
MoreArts funding maintained in proposed city budget
August 23, 2010
Scott OlsonFunding for city arts programs is expected to remain at $1 million in 2011, even as the mayor's budget plan calls for cutting
$22
million in local spending. Funding for the parks department also should remain flat, at $21.1 million.
MoreIndiana, Indy stage small employment gains
August 20, 2010
Norm HeikensIndiana's unemployment rate increased by a sliver, to 10.2 percent, in July despite increases in jobs in many industries.
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 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.
MoreBank On Indy initiative nearing first-year goal
August 19, 2010
Program that aims to reach local population without bank accounts so far has helped more than 7,500 people open an account.
MoreIT firm approved for tax breaks on $29 million project
August 19, 2010
Lightbound LLC plans to construct 50,000-square-foot data center near Kentucky Avenue on the city's southwest side. The abatement
should save the company $2.5 million.
MoreSummit Realty pursues downtown building for HQ
August 17, 2010
Scott OlsonThe firm, now based in Chase Tower, wants to acquire and renovate the building at 241 N. Pennsylvania St.
MoreParking rates could double under city plan
August 11, 2010
Scott OlsonCity leaders expect to select a manager to oversee parking operations within the next week.
MoreMurphy aims to make Louisville firm big local player
August 10, 2010
IBJ StaffThe longtime state representative is merging his communications firm into Louisville-based Peritus, which has offices in five
states.
MoreCounties brace for big tax losses next year
August 9, 2010
IBJ Staff and Associated PressIndiana counties will receive $1.3 billion in income tax revenue in 2011, nearly 16 percent less than they did this year.
Marion and Hamilton counties will suffer major reductions in distributions.
MoreDaniels: Stimulus should focus on companies, not states
August 9, 2010
Bloomberg NewsIndiana Gov. Mitch Daniels said he opposes more stimulus such as aid to states to keep teachers hired and to expand credit
to small business, while favoring incentives to revive private hiring and investment.
MoreProperty shuffle aims to connect police, fire services with neighborhoods
August 7, 2010
Cory SchoutenThe city plans to open police-and-fire hubs in two former IPS schools, retrofit
an Eastgate mall department store into an Emergency Operations Center, and build at least two fire stations.
MoreTrustee pressing Daniels, others to return Durham's donations
August 5, 2010
J.K. WallTrustee Brian Bash has sent letters to politicians who he says received a total of $900,000 in funds Durham had borrowed
from the coffers of Fair Finance, a now-bankrupt investment firm based in Ohio.
MoreRed Gold expanding Madison County operations
August 5, 2010
Following $5.1 million investment, the company plans to create 42 jobs by 2012 by expanding its production operations in Orestes.
MoreIndiana state revenue falls short of projections again
August 4, 2010
Associated PressThe State Budget Agency reported Wednesday that Indiana collected $917 million in July, $15 million below the most recent
revenue projections.
MoreTrustee: Durham used Fair funds for gambling, donations
August 3, 2010
Greg Andrews, Associated PressThe bankruptcy trustee said Durham spent $2.8 million on gambling and resorts, $3.3 million on interior decorating and $14
million on real estate.
MoreSeven cab companies denied licenses
August 3, 2010
The city of Indianapolis' Department of Code Enforcement rejected the applications largely because the companies didn't have
a dispatch facility or didn't have employees to staff a facility.
MoreQuick hits: Indianapolis and Kansas City are close match in tourism
July 31, 2010
Indianapolis and Kansas City, a metro area with feet in both Missouri and Kansas, are not only similar demographically, but
the cities' convention and tourism trades have some measures in common, like number of annual visitors.
MoreSecretary of state candidate leaves architectural firm
July 30, 2010
Scott OlsonVop Osili of Indianapolis-based A2SO4 is focusing full time on his run for secretary of state as the Democratic candidate.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.