Recent Blog Posts

Light in the gloom

February 12, 2010
Comment(1)
More industrial construction is going on in Indiana than in any nearby state.
More

Gun bills on fast track

February 11, 2010
Comments(9)
Want to leave a gun in your car at work? Your employer's policy may become irrelevant.
More

Education by statistics

February 10, 2010
Comments(4)
Inconceivable as it might sound, will the increasing focus on academic performance in public schools give private schools a run for their money? It wouldn't be the first time statistics upset an apple cart.
More

Minimum wage downside

February 9, 2010
Comments(10)
The minimum wage appears to be locking some teens out of jobs.
More

Indy turns architectural corner

February 8, 2010
Comment(1)
A Ball State architect thinks Indianapolis residents will like what they see in the new J.W. Marriott hotel downtown and beat drums for more interesting buildings.
More

Underrated entrepreneurs

February 5, 2010
Comments(9)
The Indianapolis area is home to myriad unsung entrepreneurs who run interesting companies, make money and create good jobs. Here are some of them.
More

Mayor Ballard, snow fighter?

February 4, 2010
Comment(1)
Rating Ballard on his promises to master basics including snow removal and fixing potholes.
More

Indy without Lilly, the 500?

February 2, 2010
Comments(34)
An Indiana University prof thinks Indianapolis should anticipate a future without Indianapolis Motor Speedway, and a potentially reduced Eli Lilly and Co.
More

Thoughts on the Tebow ad

February 1, 2010
Comments(13)
From the perspective of return on investment, the Super Bowl ad might be considered a failure.
More

Will easy commutes linger?

January 29, 2010
Comments(3)
Traffic counts are rising, but the jobless are still at home.
More

Vetting your sweetheart

January 27, 2010
Comment(1)
With Valentine's Day approaching, a Purdue prof calls for sober due diligence before engagement rings find their way onto fingers.
More

Two recipes to improve Indy

January 26, 2010
Comments(2)
City father and Indiana Pacers chief Jim Morris says Indianapolis will rise or fall depending on how well the city nurtures children and connects with the world. So, how are we doing?
More

New Madrid quivers

January 25, 2010
Comments(14)
The infamous geologic fault line makes news again.
More

Indiana and climate change

January 22, 2010
Comments(5)
A report by an influential Republican pollster could send a disruptive ripple through Indiana.
More

Indiana's shape is relative

January 21, 2010
Comment(1)
Indiana is good financial condition. Sort of.
More

Comparing Coakley, Bayh

January 20, 2010
Comments(19)
Evan Bayh is no Martha Coakley. But on the outside chance Bayh could be beat in this year's senate race, an opponent might do best to paint him as an elitist.
More

Killer desk jobs

January 19, 2010
Comment(1)
Swedish doctors say sitting for long periods carries health risks.
More

Indianapolis resentment

January 18, 2010
Comments(2)
Jealousy toward Indianapolis in the Statehouse shows no sign of letting up, one legislator says.
More

Osteopathy and Indiana Wesleyan

January 15, 2010
Comments(8)
The Indiana Osteopathic Association passed over a virtually certain $75 million in startup funding from Indiana Wesleyan University to choose Marian University for its new osteopathic college.
More

The other two elite colleges

January 13, 2010
Comments(23)
Debating why Earlham and Taylor grads don't take their places alongside peers from DePauw and Wabash.
More

'Black' rifles in the woods

January 12, 2010
Comments(8)
Hunters are adopting rifles that look jarringly similar to versions soldiers carry in Afghanistan.
More

Immigration redux at the Statehouse

January 11, 2010
Comments(46)
Are Republicans shooting themselves in the foot with another bill targeting illegals?
More

Outsiders as school superintendents

January 8, 2010
Comments(0)
A change in rules for school administrators opens the door to people outside the traditional education establishment.
More

Too much, too soon in Elkhart?

January 6, 2010
Comments(2)
Embattled workers might lose motivation to go back to school, thus putting them in an even worse position in the long run.
More

Again, on government reform

January 5, 2010
Comments(2)
Assessing the odds for government reform in the General Assembly.
More

Page  << 1 2 3 4 5 6 7 8 9 10 >> pager
ADVERTISEMENT
Sponsored by
ADVERTISEMENT
  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

ADVERTISEMENT