Articles

Court case might roil not-for-profit tax rules

A Bartholomew County not-for-profit affordable housing development group is preparing to fight in Indiana Tax Court a denial of its property-tax exemption. The denial has put the organization
$200,000 in debt and its rental homes in danger of tax foreclosure.

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Ballard, Kennedy add more than $1M in campaign funds

Indianapolis Mayor Greg Ballard and Democratic challenger Melina Kennedy each raised more than $1 million in the most recent seven-month reporting period and are neck-in-neck in the amount of campaign money they have on hand.

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Kennedy’s persistence put to test

Supporters and detractors of Melina Kennedy agree on this description of her: a persistently hard worker. Whether that trait is enough to make the 42-year-old Democrat an effective leader of the nation’s 12th-largest city is an open question.

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New gym giving City Market a boost

The full-service YMCA, known as Indy Bike Hub, opened Sept. 7 after a $3.5 million renovation of the City Market’s East Wing that also included improvements to the market’s main hall.

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Anderson racino emerges from bankruptcy

The parent company of Anderson racetrack and casino Hoosier Park has officially emerged from bankruptcy. The original shareholders of Centaur Inc., about 80 individual Indiana investors, lost their entire investment in the company.

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Report holds next steps for Pan Am Plaza garage

Part of the Pan Am Plaza parking garage has reopened after being closed for several hours for emergency repairs late last week, but a report will reveal whether more extensive work is needed to restore the garage to a structurally sound state.

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