Government & Economic Development

Amid leadership issues, Indiana Dems fight over future

December 26, 2011
Associated Press
Before he changed his mind, Dan Parker's decision to step down as party chairman was seen by many as an opportunity to find fresh blood to lead Democrats through fights to win back the governor's office and a U.S. Senate seat next year.
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Lugar: Tea Party could cost Senate GOP majority

December 26, 2011
Bloomberg News
Tea Party supporters that helped the Republicans win a U.S. House majority last year also prevented the party from taking control of the Senate and could do it again in 2012, Senator Richard Lugar said.
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Turkey processor to hire up to 600 for new Vincennes plant

December 22, 2011
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
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City-County councilor, two others indicted in scheme to defraud

December 21, 2011
Francesca Jarosz
A City-County Council member and two associates persuaded an Indiana physician to invest $1.7 million in their foundation and an ethanol-production business they said would fund it, but instead spent the money on personal luxuries, according to a federal indictment filed late Tuesday.
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State SBDC network gets new director

December 20, 2011
The Indiana Economic Development Corp. announced Tuesday morning that Jacob Schpok officially has been named director of the agency. He was appointed interim director earlier in the month.
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City goes after tow-company license

December 20, 2011
 IBJ Staff
Indianapolis is moving to revoke the license of a prominent local towing company that officials say has violated local ordinances and elicited more than two dozen consumer complaints.
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Indiana jobless rate stays at 9 percent

December 20, 2011
 IBJ Staff
The state’s unemployment rate held steady in November at a seasonally adjusted 9 percent, slightly higher than the overall U.S. rate that dropped to 8.6 percent, the state’s Department of Workforce Development said Tuesday morning.
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Democrats rankled by 'flawed' leadership vote

December 20, 2011
 Franklin College News Bureau
Indiana Democrats admit they face a significant challenge trying to unite the party in time for important 2012 elections after a messy leadership squabble over the weekend left key officials divided.
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Rolls-Royce employees begin move to downtown campus

December 20, 2011
Francesca Jarosz
Rolls-Royce Corp. began moving employees to its new downtown office building on Monday—a shift an IUPUI analyst projected could generate $510 million in annual economic activity.
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Neighborhood eyesore headed for demolition

December 19, 2011
Francesca Jarosz
The city is soliciting bids from companies to tear down four buildings on the 16-acre Avanti Development Corp. property, which is tucked in a residential area a few miles west of downtown Indianapolis.
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Indy Partnership leader leaving organization

December 19, 2011
Scott Olson
Executive Director Scott Fulford said he is retiring and handing over leadership to Troy Whittington, who currently is director of business development. He officially becomes interim director on Jan. 1.
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Warnings about broker's tactics went unheeded

December 17, 2011
Cory Schouten
Several state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched an investigation that led to his indictment.
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Indiana may be ground zero for right-to-work fightRestricted Content

December 17, 2011
Francesca Jarosz
Indiana’s anticipated battle next month over a right-to-work law is expected to rival last year’s epic Wisconsin union fight that drew 180,000 protestors to Madison rallies and became the focus of national media attention.
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Transit plan may boost real estate investmentRestricted Content

December 17, 2011
Chris O'Malley
A proposed $1.3 billion transit system might bring redevelopment to urban neighborhoods. Yet transit proponents have surprisingly little to say about how much the system could generate in new real estate investment.
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Lawmaker: Lift ban on paying people to run charity gamblingRestricted Content

December 17, 2011
Kathleen McLaughlin
State Sen. Ron Alting, chairman of the Public Policy Committee, wants to let charities pay people to run their bingo, poker and other games, a practice that has led to disciplinary action for some organizations.
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FEIGENBAUM: Indiana General Assembly will be known for trading paint

December 17, 2011
Ed Feigenbaum
Expect scores of Democratic amendments, particularly if right-to-work hits the House floor.
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SHELLA: Indiana Legislature likely to deliver the unexpected

December 17, 2011
Jim Shella / Special to IBJ
If you want to know what really matters in the upcoming legislative session it’s likely impossible to find out now.
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Planned Parenthood of Indiana brings on new lobbyistsRestricted Content

December 17, 2011
 IBJ Staff
The new hires could be important following last year’s legislative session, in which state lawmakers passed a law to cut off Medicaid funding to groups that offer abortions.
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City avoids foreign brands in adding to its fleet of hybrid vehiclesRestricted Content

December 17, 2011
 IBJ Staff
The Department of Public Works bought Ford Fusion hybrids after the purchase of Toyota's a few years ago stirred controversy.
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CME Group says it's staying in Illinois

December 16, 2011
 IBJ Staff and Associated Press
Illinois Gov. Pat Quinn on Friday signed tax-break legislation designed to keep the Chicago Mercantile Exchange and Sears Holding Co. from fleeing the state. CME had talked to Indianapolis officials about moving to central Indiana.
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State AG to challenge order for Daniels to testify

December 16, 2011
Associated Press
An Indiana judge on Friday ordered Gov. Mitch Daniels to be deposed in two lawsuits over the state's cancellation of a $1.37 billion contract IBM received to modernize the state's welfare system, but the state attorney general said he would challenge the order.
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Daniels appoints new general counsel

December 16, 2011
Associated Press
Anita Kolkmeier Samuel, Mitch Daniels' assistant general counsel and policy director, replaces David Pippen, who recently resigned to become chairman of the environmental law group at Indianapolis law firm Bose McKinney & Evans LLP.
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Waltons give $1 million to Mind Trust charter incubator

December 16, 2011
J.K. Wall
The $1 million grant from the Arkansas-based Walton Family Foundation will fund a team that will open its first charter school in the 2013-2014 school year as part of what the group hopes will become a network of high-performing charter schools.
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Smoking ban, government reform on Daniels' 2012 agenda

December 16, 2011
Francesca Jarosz
Indiana Gov. Mitch Daniels says he will push for a statewide smoking ban and mild local government reforms in the 2012 legislative session.
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Celadon plans expansion, $3.4M office building

December 16, 2011
Scott Olson
Celadon Group Inc. is seeking tax abatements from the city to build a $3.4 million office building at its far-east-side headquarters. The local trucking firm plans to hire 100 more employees by 2016.
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  1. Kent's done a good job of putting together some good guests, intelligence and irreverence without the inane chatter of the other two shows. JMV is unlistenable, mostly because he doesn't do his homework and depends on non-sports stuff to keep HIM interested. Query and Shultz is a bit better, but lack of prep in their show certainly is evident. Sterling obviously workes harder than the other shows. We shall see if there is any way for a third signal with very little successful recent history to make it. I always say you have to give a show two years to grow into what it will become...

  2. Lafayette Square, Washington Square should be turned into office parks with office buildings, conversion, no access to the public at all. They should not be shopping malls and should be under tight security and used for professional offices instead of havens for crime. Their only useage is to do this or tear them down and replace them with high rise office parks with secured parking lots so that the crime in the areas is not allowed in. These are prime properties, but must be reused for other uses, professional office conversions with no loitering and no shopping makes sense, otherwise they have become hangouts long ago for gangs, groups of people who have no intent of spending money, and are only there for trouble and possibly crime, shoplifting, etc. I worked summers at SuperX Drugs in Lafayette Square in the 1970s and even then the shrinkage from shoplifting was 10-15 percent. No sense having shopping malls in these areas, they earn no revenue, attract crime, and are a blight on the city. All malls that are not of use should be repurposed or torn down by the city, condemned. One possibility would be to repourpose them as inside college campuses or as community centers, but then again, if the community is high crime, why bother.

  3. Straight No Chaser

  4. Seems the biggest use of TIF is for pet projects that improve Quality Of Life, allegedly, but they ignore other QOL issues that are of a more important and urgent nature. Keep it transparent and try not to get in ready, fire, Aim! mode. You do realize that business the Mayor said might be interested is probably going to want TIF too?

  5. Gary, I'm in complete agreement. The private entity should be required to pay IPL, and, if City parking meters are involved, the parking meter company. I was just pointing out how the poorly-structured parking meter deal affected the car share deal.

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