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Records - Feb. 3, 2014

IBJ Staff
February 1, 2014
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Bankruptcies
Keller Jewelers LLC dba Keller Fine Jewelers, 9655 E. U.S. 36, Suite K, Avon, 46123, chapter 7 liquidation, assets and liabilities unavailable.

Rental Real Estate Resources LLC, 6847 Windjammer Drive, Brownsburg, 46112, chapter 11 reorganization, assets and liabilities unavailable.

Corporate Philanthropy
It Luggage USA Ltd. donated 860 pieces of luggage valued at $70,000 to the Indiana Children’s Wish Fund.

The RoomPlace donated furniture to the Greenwood Fire Department to celebrate the opening of their newly expanded Greenwood showroom.

Fundraising
Hemophilia of Indiana Inc. to benefit from the Hearts for Hemophilia Gala Feb. 7 at 6:30 p.m. at Crowne Plaza Union Station. Tickets: $85. Contact Bri Vieke at 570-0039 or bvieke@hoii.org.

Meals on Wheels of Central Indiana to benefit from First Friday Upland-style Feb. 7 beginning at 6 p.m. at the Propaganda Room in the Murphy Arts Center. Visit uplandbeer.com for information.

Autism Society of Indiana and Project LifeSaver Indy to benefit from a reverse raffle Feb. 8 at 6 p.m. at the Firefighters Union Hall. Tickets: $25. Contact John Fultz at (800) 609-8449, ext. 511 or info@inautism.org.

St. Mary’s Child Center to benefit from its 2014 Spring Soiree Feb. 9 at 5 p.m. at Ruth’s Chris Steak House on North Keystone. Admittance: a $50 gift card or bottle of liquor. Contact Dana Smith at 361-4883 or dsmith@stmaryschildcenter.org.

Happy Hollow Children’s Camp to benefit from the Under the Stars Gala Feb. 22 at 5:30 p.m. at the Marriott North. Tickets: $125. Visit www.happyhollowcamp.net.events. Raffle tickets for Kroger gift cards can be purchased at the camp office at $25 per ticket until the gala when winners will be drawn.

Lawrence Township Schools Foundation to benefit from its annual Light Their Future Celebration Feb. 28 at The Fountains in Carmel. Tickets: $90. Contact 423-8300 or visit www.msdltf.org.

Fundraising Results
United Way of Central Indiana received $127,427 raised by employees of KAR Auction Services during a two-week fundraising drive.

Indiana AIDS Fund raised a total of $268,982 at its 2013 Indiana AIDS Walk, $71,093 of which was donated by the M.A.C. AIDS Fund.

St. Mary’s Child Center raised a record $200,000 at its Night of Miracles event in November.

Grants
Humane Society of Indianapolis was awarded a grant of $5,000 by the Bissell Pet Foundation to support its foster care program.

Hendricks Regional Health received a grant of $8,100 from the Indiana Breast Cancer Awareness Trust.

Indianapolis Neighborhood Housing Partnership received a $6.3 million grant from Lilly Endowment Inc. to support the organization’s mission and fund its programs.

Wheeler Mission was given $1.5 million by Lilly Endowment Inc. to be used toward construction of a new facility to provide expanded services to homeless men.

In Recognition
Linda Wilgus, Northwest Radiology Network, has been chosen to participate in the 2013-14 Richard G. Lugar Excellence in Public Service Program.

MDwise was selected as a leader in health care resources in the website category by the Web Health Awards.

Gov. Mike Pence was awarded the 2013 Outstanding Achievement in State Tax Reform award by the Tax Foundation.

James F. Bohrer, Clendening Johnson & Bohrer PC, has been named Associate of the Month for January by the Monroe County Building Association.

Jim Litten, president of F.C. Tucker Co., was named to the Swanepoel Power 200 list of the most powerful people in residential real estate in 2013.

Franciscan St. Francis Health hospitals in Indianapolis and Mooresville were recognized by Healthgrades for clinical excellence, ranking in the top 5 percent in the nation for patient safety.•
 

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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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