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Records - May 7, 2012

IBJ Staff
May 5, 2012
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Announcements
Ryan Jeffries, founder and owner, has opened P3 Advisor Services LLC, providing financial advisors with planning and investment support services as an outsourced solution. Email: jwalls@p3advisorservices.com.

Tony Markus and Denny Moore have co-founded Viewpoint Realty Group, a real estate company serving the Indianapolis area with buying, selling, leasing, investing and property management. Phone: 490-9027; Email: tmarkus@viewpointrg.com.

Bankruptcies
Vessman LLC, 2222 E. 44th St., chapter 11 reorganization, liabilities: n/a; assets: n/a.

Basyli LLC, 2301 S. Holt Road, 46241, chapter 11 reorganization, liabilities: n/a; assets: n/a.

E-Z Clean Laundry Inc., 5782 Aquamarine Drive, Suite 300, Carmel, chapter 11 reorganization; assets: n/a; liabilities: n/a.

Corporate Philanthropy
Creative Marketing Solutions and Gary Brackett’s IMPACT Foundation sponsored the 5th annual TendHER Heart Luncheon to honor mothers of chronically and critically ill children.

Peyton Manning Children’s Hospital at St. Vincent and The Children’s Museum joined forces to exchange crib bumper pads for free sleep sacks throughout April to help promote safe sleep habits.

Ambrose Property Group has become a Partners in Progress corporate sponsor for the TechPoint Foundation for Youth.

Wurth Service Supply Inc. donated construction supplies valued at over $50,000 to help rebuild Southern Indiana communities damaged by tornadoes.

Riley Hospital for Children at Indiana University Health will serve as presenting sponsor for the March of Dimes’ annual March for Babies on May 12.

Central Indiana Community Foundation awarded four-year, full-tuition scholarships to 13 Marion and Hamilton students who were named Lilly Endowment Community Scholars.

Fundraising
Day Nursery Association to benefit from Race Into Reading, with Indy 500 driver Simona De Silvestro, on May 9 at 5:30 p.m. at The Riverwalk in Broad Ripple. Tickets: $100. Contact Susan Davis at 636-9197, ext. 227 or visit daynursery.org/events.

Girls Nite In International Inc. to benefit from its inaugural gala on May 10 in the Brickman Quarterback Suite at Lucas Oil Stadium. Tickets: $75. Contact 402-8726 or girlsniteintheword.com.

Carmel Clay Public Library Foundation to benefit from an Evening with Ted Allen, host of “Chopped,” on May 11 at 5:30 p.m. at Ritz Charles. Tickets: $125 per person. Contact: 814-3905 or carmel.lib.in.us/foundation.

American Heart Association to benefit from its 27th annual Heart of Gold Ball May 12 at 6:30 p.m. at the Indianapolis Marriott Downtown. Tickets: $300. Contact Julie Moore at 732-4746 or heart.org/Indianapolis.

Grants
IUPUI, the Indiana Supreme Court and the Kurt Vonnegut Memorial Library were among fifteen not-for-profit organizations that received grants totaling $28,000 from Indiana Humanities, for programs that seek to engage the public in the humanities.

Easter Seals Crossroads was awarded $714,700 by Lilly Endowment Inc. for continued support of its Respite Services initiative.

African Wildlife Foundation and SEEtheWILD were recipients of the largest 10% partner donations given to date by Endangered Species Chocolate.

Fox Hill Elementary School received $2,500 from The Kroger Co. to improve bi-lingual signage in the school.

Conner Prairie Interactive History Park received $5,000 from The Kroger Co. to support its K-12 education programs.

National FFA Organization will receive more than $850,000 from Monsanto Co. this year to support its conferences, awards and leadership campaigns.

Nina Mason Pulliam Charitable Trust had awarded $1.4 million in grants to 24 organizations that help people in need, protect animals and nature and enrich community life.

Indiana Farm Bureau Insurance matched employee and agent donations to give a total of $26,200 to the American Red Cross for relief from the March 2 storms in Southern Indiana.

Staples Foundation gave a $25,000 grant to the Local Initiatives Support Corp. to help support seven Centers for Working Families.

Indianapolis Foundation and its Library Fund awarded more than $332,000 to nine not-for-profits and libraries serving Marion County, including more than $57,000 to the library at IUPUI.

The Richard M. Fairbanks Foundation gave $500,000 toward establishment of the Institute for Civic Leadership & Mayoral Archives at the University of Indianapolis. The gift will endow an annual Richard M. Fairbanks Symposium on Civic Leadership.

The Institute of Museum and Library Services awarded a $125,000 Conservation Project Support grant to The Children’s Museum to help protect its textiles collection.

The City of Indianapolis awarded $84,000 in community block grants to 13 agencies that provide summer enrichment programs for youths aged 4 to 19.

Lilly Endowment gave $1.5 million to Gleaners Food Bank of Indiana Inc. for its Child Hunger Initiative.

In Recognition
Lt. Gov. Becky Skillman, Maggie Lewis, Karen Freeman-Wilson, Marilyn Moores, Tanya Walton Pratt and Tamika Catchings received recognition awards at the annual King/Kennedy commemoration event.

The Behavior Analysis Center for Autism was the only facility in Indiana to be included on the “Best Schools” list for children with autism by TheBestSchools.org.

Pamela Su Perry was named recipient of a 2012 Women’s Leadership Award for Outstanding Faculty and Staff by IUPUI.

Jordan Mather-Licht, a student at Broad Ripple High School, won top honors in the 2012 Indiana Poetry Out Loud competition.

Dr. Lawrence Einhorn was honored with the Joseph H. Burchenal Memorial Award for Outstanding Achievement in Clinical Cancer Research by the American Association for Cancer Research.

Brower-Jacques Design won the People’s Choice Award, and Nature’s Choice Landscaping won both the Mayor’s Award and the Belgard Challenge at the Indiana Flower and Patio Show.

Blue & Co. LLC was named one of Accounting Today’s 2012 Top 100 Firms.

Wessler Engineering received the Mary Lou Schnell Associate Member of the Year award from Alliance of Indiana Rural Water.

Russell and Lou Ann Mawby were honored by Indiana University’s Center on Philanthropy for their long-time volunteer and philanthropic support of the center.

Relocations
Midwest Mole has moved to 6814 W. 350 N., Greenfield, 46140.•
 

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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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