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Records - Dec. 26, 2011

IBJ Staff
December 24, 2011
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Announcements
Franciscan St. Francis Hospice is seeking volunteers who live in the Mooresville and Martinsville area to visit hospice patients, offering respite and or companionship. Volunteers must be 18 or older and willing to commit to four hours a week for six months. They must complete a hospital volunteer application process and attend orientation. Contact Glenda Dennison at 859-2874 or Glenda.dennison@ssfhs.org.

 Rock Bass Guitarist Jon E. Gee has opened Jon E. Gee’s Music Room and Teaching Studio. Contact Sondra Gunnell at 627-5331.

Founder and president, Suresh Murthy has changed Indian Math Online to math-360. Contact Murthy at 660-6119 or suresh@math-360.

Bankruptcies
Beattey Construction Co. Inc., 8178 Foxchase Circle, 46256, chapter 7 liquidation, liabilities: $781,779; assets: $2,000.

Bishop Lighting Inc., 620 S. Rangeline Road, Carmel, 46032, chapter 7 liquidation, liabilities: $476,812; assets: $185,379.

Corporate Philanthropy
Telamon Corp. gave the $5,000 it received as the grand-prize winner in the United Way of Central Indiana’s Give Gleefully video competition to Second Helpings Inc. Visiting Nurse Service Inc. received $1,000 won by the company in an earlier competition.

FirstPerson donated $3,000 to both the Special Olympics and the United Way of Central Indiana in honor of attendees at the Dec. 9 CFO of the Year awards presented by the Indianapolis Business Journal.

In Recognition
Heather Robison was named Boone County Realtor of the Year and Shannon Lindley was named Boone County Affiliate of the Year by the Metropolitan Indianapolis Board of Realtors.

Joyce & Jack Bellows, Barb & Wayne Stutsman, Donovan Miller, Lisa & Eric Stickdorn, Rep. Craig R. Fry, Cassandra Cannon, Lynn Jenkins, Richard Hill, Aveda and Save Maumee received awards for environmental stewardship from the Hoosier Environmental Council.

Renaissance Indianapolis North Hotel received the Applause Award as 2011 business of the year; Harold Kaiser received the Harold Kaiser Award for Lifetime Achievement; Beth Smietana was named Most Valuable Volunteer; PFM Automotive Group and Pedcor Cos. received Look Awards, and Carmel Green Teen Micro-Grant Program received the Carmel Green Award, all from the Carmel Chamber of Commerce.

Fundraising
 United Way of Central Indiana to benefit from Oscar® Night America Feb. 26, 2012, from 5:30 p.m. to midnight, at the Indianapolis Marriott downtown. Contact vwww.uwci.org.

Indianapolis Parks Foundation to benefit from the 10th annual IPL Mayor’s Lunch for Parks on March 7, 2012 at noon at the Marriott downtown. Tickets: $300 for individuals, $2,000 for a table of eight. Contact Cindy Porteous at 860-3251 or cporteous@indyparksfoundation.org.

Relocations
Lulu’s Electric Cafe has changed its named to LuLu’s Coffee + Bakehouse and moved to 2292 W.86th St. Phone: 879-1995; email: www.luluscoffeeandbakehouse.com.•


 

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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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