You-review-it Monday

April 22, 2013
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For me, the weekend started with a Thursday visit to the new Schrott Center for the Arts on Butler University's campus and continued on Friday with the Indianapolis Chamber Orchestra's lively accompaniment to the silent film "Show People," for which I provided the opening remarks (interesting back story there). Saturday included the Phoenix Theatre's annual benefit at the Alexander Hotel, providing an opportunity to help celebrate that essential Indianapolis theater.

On the movie front, I finally watched "Skyfall" and believe I'm the only moviegoer who preferred "Quantum of Solace." And, inspired by the IRT's "A Midsummer Night's Dream" and Acting Up's recent "Twelfth Night,"  I continuing catching up on the wonderful PBS series "Shakespeare Uncovered" and reading Aaron Frankel's lively and instructive recent book, "Shakespeare for American Actors and Directors".

How about you? What did you see, hear or read over your weekend?

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  • APA Finals Rocked!
    I was privileged to hear the last two competitors in this weekend's APA finals held at Hilbert Circle Theatre. When I saw Sean Chen walk out on the stage, I thought, "How can a slender young fellow like that do justice to Bartok?" About two minutes into the work, my ears told my eyes they were wrong. Wow! That guy has arms and fingers made of steel! I kept expecting the Steinway to explode into a million pieces (and Mr. Chen to shoot straight up into the acoustical clouds). A worthy winner for a magnificent competition.

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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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