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Records - Oct. 15, 2012

 IBJ Staff
October 13, 2012
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Bankruptcies
TWG Capital Inc., 7434 Shadeland Station Way, Suite 500, 46256, chapter 11 reorganization, liabilities: n/a; assets: n/a.

Affordable Housing of Indy LLC, 745 Whitehall Place, Carmel, 46033, chapter 11 reorganization, liabilities: n/a; assets: n/a.

Scrubbles Carpet Cleaning and Restoration Inc., 2005 Cherry St., Noblesville, 46060, chapter 11 reorganization, liabilities: n/a; assets: n/a.

Fundraising
March of Dimes to benefit from the 16th annual Signature Chefs Auction Oct. 16 at the Indianapolis Marriott Downtown. Contact Donna Colon at 285-0199 or dcolon@marchofdimes.com.

Greenwood Public Library to benefit from A Knight to Remember, featuring Bob Knight, on Oct. 18 at 7 p.m. at The Gathering Place. Tickets: $100 to $250. Contact the library at 881-1953 or knight2remember.com.

Women Like Us Foundation to benefit from its annual tea and speaker series Oct. 18 at 1 p.m. at the Scottish Rite Cathedral. Tickets: $55. Contact (888) 958-3674 or visit womenlikeusfoundation.org.

The American Cancer Society to benefit from the Making Strides Against Breast Cancer walk Oct. 20 at 7:30 a.m. at Celebration Plaza at White River State Park. Contact StridesCentralIndiana@cancer.org or 344-7800 opt. 3.

Arts for Learning to benefit from Chocolate Fest 2012 Oct. 20 from noon to 4 p.m. at the Harrison Center for the Arts. Tickets: $15. Contact 925-4043, ext. 120 or visit yaindy.org.•

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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