IBJNews

Records - Dec. 3, 2012

IBJ Staff
December 1, 2012
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Bankruptcies
The Grill 1 Inc., 9755 Fall Creek Road, 46256, chapter 11 reorganization, liabilities: n/a; assets: n/a.

RGG Inc., dba The Grill 2, 6621 W. Broadway, Suite 100, McCordsville, 46055, chapter 11 reorganization, liabilities: n/a; assets: n/a.

DKA Enterprises LLC, dba Anytime Fitness of Noblesville, 14765 Hazel Dell Road, Noblesville, 46062, chapter 7 liquidation, liabilities: $389,869; assets: $16,759.

Larry’s Mobile Trailer Service Inc., PO Box, 17293, 46217, chapter 7 liquidation, liabilities: $210,400; assets: none.

Fundraising
The Arthritis Foundation to benefit from 24th annual Jingle Bell Run/Walk for Arthritis presented by OrthoIndy Dec. 8 at 8:50 a.m. at Banker’s Life Fieldhouse. Cost: $25-$35. Contact 879-0321 ext. 207 or visit indyjinglebellrun.com.

Indianapolis Minority Joint Professional Committee to benefit from Holiday Soul Celebration Dec. 8 at 6:30 p.m. at Indianapolis Marriott East. Tickets: $40 in advance, $45 at the door. Contact IMJPC@yahoo.com or holidaysoulcelebration@gmail.com.

Indianapolis Alumnae Chapter of Delta Sigma Theta Inc. to benefit from a Centennial Gala celebration Dec. 31 at 7 p.m. at the Indianapolis Marriott Downtown. Tickets: $100. Contact Peggy Averitte at 430-1529 or centennial@dstiac.com.

Fundraising Results
United Way of Central Indiana received $16,931 as the result of a fundraising campaign by the Indiana Health Information Exchange.

United Way of Central Indiana received over $34,500 as the result of a fundraising campaign at August Mack Environmental Inc.

The Julian Center received $4,216 as a result of Kroger Co.’s Central Division coin box campaign.

Grants
Eight Hendricks County organizations received nearly $15,000 in grants from the Hendricks County Convention and Visitors Bureau’s Tourism Enhancement and Development Fund.

Horizon House received a $50,000 grant from The Indianapolis Foundation for operating support and a $25,000 grant from The Richard M. Fairbanks Foundation Inc. to support employment and health initiatives.

Twenty-four not-for-profits serving Indiana were awarded $2,140,300 by the Nina Mason Pulliam Charitable Trust. The grants included $270,000 to the Mary Rigg Neighborhood Center and $250,000 to Gleaners Food Bank.

The American Red Cross received $1,000,000 from Lilly Endowment and $200,000 from Eli Lilly & Co. for relief efforts related to super storm Sandy as well as future disasters.

Thirty-seven Central Indiana organizations received a total of more than $2.5 million in grants from The Glick Fund, including $325,000 to Providence Cristo Rey High School, $292,113 to United Way of Central Indiana and $250,000 to Big Brothers Big Sisters of Central Indiana.

Mental Health America of Greater Indianapolis received a $25,000 grant from the Nina Mason Pulliam Charitable Trust.•
 

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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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