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Government & Economic Development
Historic financial overhaul signed into law by Obama
July 21, 2010
Associated PressRep. Mike Pence of Indiana, a member of the House GOP leadership, on Wednesday joined House Minority Leader John Boehner of
Ohio in calling for the law's repeal.
MoreIndiana: IBM welfare intake work flawed from start
July 21, 2010
Associated PressThe state is suing IBM for more than $1.3 billion, claiming the company breached one of the biggest outsourcing deals in state
history. IBM wants Indiana to pay $52.8 million it says it's owed in deferred payments and equipment costs.
MoreIndiana accused of cutting aid to food stamp users
July 20, 2010
Associated PressIndiana Family and Social Services Administration attorneys do not believe federal law was broken when officials balanced
food stamp
payments against a state-run supplemental aid program.
MoreAngola manufacturers plan nearly 180 new jobs
July 20, 2010
IBJ StaffFuel Systems of Angola and Steffy Wood Products say they will invest a total of $4.8 million on their production facilities
in northeast Indiana, creating 178 jobs by 2013.
MoreIT firm plans $24 million data center
July 19, 2010
The city's Metropolitan Development Commission will consider providing Lightbound LLC with property tax abatements to offset
investment cost.
MoreBrizzi hires ex-partner to handle public records requests
July 17, 2010
Cory SchoutenMarion County Prosecutor Carl Brizzi has hired his former legal partner and personal attorney to field public records requests.
Locally based Collignon & Dietrick PC is responsible for review and production of Prosecutor's Office e-mails, contracts,
case files and other documents requested by members of the media or public.
MoreShelbyville, county plan economic development projects
July 17, 2010
Kathleen McLaughlinMillions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.
MoreBallard takes aim at vacant homes
July 17, 2010
Peter SchnitzlerIf Mayor Greg Ballard successfully closes the $1.9 billion sale of the city's water and sewer utilities to Citizens Energy,
some of the proceeds will be used to bulldoze or rehabilitate 2,000 to 4,500 abandoned, unsafe homes during the next two years.
MoreIllinois firm to build used oil plant in Speedway
July 17, 2010
IBJ StaffThe $40 million project along West 10th Street could create 75 jobs by 2013.
MoreIndianapolis launches three Web business tools
July 17, 2010
IBJ StaffThe sites offer insight into government contracts and other business activities of local government.
MoreCIB saves $1M after state agrees to lower loan rate
July 16, 2010
Anthony SchoettleState officials decided to reduce the interest rate on a $9 million loan to the city's Capital Improvement Board by 1
percentage point. The news couldn't come at a better time for the agency, which is trying to find money to assist the
Indiana Pacers.
MoreLibrary board saves branches, seeks long-term fix
July 16, 2010
IBJ StaffThe Indianapolis-Marion County Public Library board of trustees agreed Thursday to keep open two library branches targeted
for closure next year. Board members also outlined $2.5 million in proposed budget cuts for 2011 to help stem the growing
gap between revenue and expenses.
MoreState reserves down nearly half despite spending cuts
July 16, 2010
IBJ Staff and Associated PressIndiana brought in $957 million less in revenue than it budgeted for fiscal year 2010, forcing it to use almost half its reserves,
Indiana State Auditor Tim Berry announced Friday morning.
MoreAppeals court reverses Bargersville annexation
July 16, 2010
IBJ StaffThe Indiana Court of Appeals on Thursday overturned the town of Bargersville’s annexation of land that Greenwood officials
also wanted to take over, saying it failed to get the required consent from property owners.
MoreBeer brewer feuding with Franklin over incentives
July 15, 2010
Anthony SchoettleSan Diego-based TailGate Beer is supposed to create as many as 150 jobs in Franklin, but the plan has been delayed while the
sides squabble about financial disclosures.
MorePresident nominates Hogsett for U.S. Attorney
July 14, 2010
Michael W. HoskinsThe White House has chosen an Indianapolis labor and employment attorney to be the next U.S. Attorney for the Southern District
of Indiana.
MoreIT staffing firm plans downtown expansion, 80 new jobs
July 14, 2010
IBJ StaffSmart IT Staffing Inc said Wednesday morning that it plans to expand its Indianapolis headquarters, creating up to 80 new
jobs by 2014.
MoreFederal agents raid University Loft headquarters
July 13, 2010
IBJ StaffAgents descended on the contract-furniture maker to execute a sealed search warrant. A spokeswoman for U.S. Attorney Tim Morrison
said no arrests were made.
MoreEnvironmental services firm to build $40M refinery
July 13, 2010
Kathleen McLaughlinHeritage-Crystal Clean Inc. plans to build an oil re-refinery in Speedway, creating as many as 75 new jobs by 2013.
MoreLugar, Meadows projects get tax credits
July 13, 2010
Tom HartonTwo high-profile apartment projects that were denied tax-credit funding in March recently were awarded the millions of dollars
in credits they need to proceed.
MoreUPDATE: CIB wringing money from general operating fund to pay Pacers
July 12, 2010
Anthony SchoettleA combination of taxes targeting downtown visitors and users of the city's professional sports complexes are expected to generate
the bulk of the subsidy.
MoreCity makes $33.5M deal to keep Indiana Pacers
July 12, 2010
IBJ StaffThe city will contribute $10 million annually for three years toward Conseco Fieldhouse operating expenses. It also will provide
at least $3.5 million for capital improvements.
MoreCity receives $4.9 million for homeless initiatives
July 9, 2010
Federal funds will help provide 69 additional beds in three Indianapolis locations, including a large apartment
complex on the east side.
MoreNew Jersey names Indiana's Walsh to head investment division
July 8, 2010
IBJ Staff and Bloomberg NewsTimothy Walsh will take over a $68 billion pension fund, eight times larger than the $8.5 billion Indiana State Teachers Retirement
Fund he headed since 2008.
MoreCanadian chip maker locating U.S. HQ in Fort Wayne
July 8, 2010
Saratoga Potato Chips plans to create 175 jobs in the northeastern Indiana city by 2013 and will begin hiring later this year.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.