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People in the news - Jan. 14, 2013

 IBJ Staff
January 12, 2013
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People listings are free. Information must be submitted at least 11 days before the Monday issue in which it is to appear. Publication of information might be delayed due to space limitations. To submit information and photos online go to www.ibj.com and use the People submissions form. Photos may be sent as jpegs, 300 dpi and face 3 inches wide. For more information, contact bmaurer@ibj.com.

Architecture/Design/Engineering
Dave Russell, Meghan James and Lauren Dusing have joined Schott Design as project interior designers.

Micah Jacobson has joined McComas Engineering Inc. as a design engineer.

Civic/Not-for-Profit
Emily Arent has been named director, way2go transportation, for CICOA Aging & In-Home Solutions.

Christopher Coble has been named vice president for religion at Lilly Endowment Inc. Wallace R. “Ace” Yakey Jr. has been named vice president for community development, and Ronni Kloth has been named communications director.

Construction
ERMCO has promoted the following: James R. Tsareff, executive vice president; David Peterson, senior vice president, business development & marketing; Greg Gossett, senior vice president, construction operations; Chad Bell, vice president, estimating & engineering; Gene Burcham, vice president, systems group; and Rod Burton, internal operations manager.

Charlie Hill has joined Alderson Commercial Group as director of business development.

Dave Hullett has been named a principal and owner in R. Adams Roofing Inc., heading up the service and green roof divisions.

Health Care
Julie Carmichael has been named the system vice president and chief strategy officer at St. Vincent Health. Richard Ashby has joined the St. Vincent Medical Group as director of physician recruiting.

Terri Hohlt has been named program director of Franciscan St. Francis Weight Loss Center.

Manufacturing
Vic Fuller Jr. has joined IPG Corp. as quality assurance manager.

Media
Will Murphy has joined WFIU Public Radio, Indiana University, as station operations director.

Steve Bray has been named news director of WISH-TV’s 24-Hour News 8.

Rick Dawson has joined WFYI Public Media as multi-platform news manager.

Gregory Weitekamp has joined WebStream Sports as president and partner.

Real Estate
John J. Wright has joined The Justus Cos. as chief financial officer.

Kristina Akopdzhanova has joined Re/Max Ability Plus in Indianapolis and Christian Moore has joined Re/Max Ability Plus in Fishers.

Technology/Telecommunications
Angelo Batistatos has been named managing partner at enduranceIT. Wendell Tankersley has joined as a lead technical recruiter.

Sarah Inabnit has joined IT Solutions Inc. as a senior account manager. Chris Cline-Smith has joined as a project engineer.

Rhys Kenworthy has joined TelSpan as a technology support representative.

Mitch Black has been named president of MOBI Wireless Management.

Wholesale
Brian Hurst has joined TFE -Transmission & Fluid Equipment Inc. as sales engineer, Indianapolis area.

Larry Coblentz has been promoted to operations director at Cavalier Distributing.•
 

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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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