Records - Jan. 13, 2014

IBJ Staff
January 11, 2014
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St. Vincent New Hope has changed its name to New Hope of Indiana Inc., which reflects the group home provider’s transition from St. Vincent Health to become its own stand-alone organization. Contact NewHopeofIndiana.org.

James T. Kellie Plumbing Inc., 555 Industrial Drive, Franklin, 46131, chapter 11 reorganization, liabilities and assets unavailable.

Kellie Properties LLC, 555 Industrial Drive, Franklin, 46131, chapter 11 reorganization, liabilities and assets unavailable.

January 23-25: IUPUI Arts and Humanities Institute, Rivers of the Anthropocene Conference, focus on transdisciplinary conceptual and methodological models for discussing the geographical, cultural, social, political, historical and scientific facets of river ecologies, IUPUI Campus Center, 420 University Blvd.Cost: $45. Tickets: http://rivers.iupui.edu/cms/registration/. Website: http://rivers.iupui.edu/cms/. Contact: iahi@iupui.edu

Heroes Foundation to benefit from An Evening with Heroes Jan. 18 at 6:30 p.m. at JW Marriott. Tickets: $125. Visit heroesfoundation.org/events.

Misty Eyes Animal Shelter & Learning Center to benefit from Raise the Woof Jan. 18 at 6:30 p.m. at West Chase Golf Club Pavilion. Tickets: $50. Visit mistyeyesrtw.com.

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.

Indianapolis Neighborhood Housing Partnership received a grant of $56,000 from Wells Fargo Housing Foundation and a grant of $10,000 from First Financial Bank.

Janus Development Services Inc. was awarded $10,500 by the Duke Energy Foundation to support its Community Employment Follow Along project.

Fishers Youth Assistance program was given $20,000 by the Duke Energy Foundation to help it identify at-risk youth.

Heroes Foundation’s Team JOEY program received a $15,000 donation from Indiana Ballet Conservatory for pediatric cancer research.

Visiting Nurse Service Foundation Inc. was given a grant of $30,000 by The Glick Fund.

The Indiana Historical Society received a $690,000 grant from Lilly Endowment to support its’ state bicentennial initiatives.

In Recognition
Tiffany Thompson, DaMar Staffing Solutions of Indianapolis, was named Avatar of the Year by the Indianapolis chapter of the National Association of Women Business Owners.

Shelly Walters Realty Group at RE/MAX Ability Plus has earned an Angie’s List Super Service Award.

Dave Lindsey, president of Defender Direct, was named a 2014 Laureate for the Central Indiana Business Hall of Fame.

City of Carmel Utilities received the Carmel Green Award, sponsored by the Carmel Chamber of Commerce and Vine & Branch, for its trash and recycling program.

Faegre Baker Daniels was honored for its part in Hormel Foods Corp.’s acquisition of the Skippy peanut butter line, which was named Deal of the Year at the M&A Advisor Awards.•


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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