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Special Report: Flawed funding: Years of guaranteed increases set stage for school crisis

April 18, 2005

Indiana’s decades-long effort to protect shrinking school corporations from drastic cutbacks may well backfire on the very districts that most depend on it-including Indianapolis Public Schools. Critics say the promise of more money regardless of enrollment has allowed some school systems to bloat their budgets, and now state legislators are poised to let the air out. School funding already represents more than one-third of Indiana’s $24 billion, twoyear budget, and lawmakers want to rein in expenses and eliminate a projected…

CHRIS KATTERJOHN Commentary: Be yourself-maximize your assets

April 18, 2005

Be who you are. Conversely, don’t try to be somebody you’re not. Focus on what you do best, and you’ll succeed. When we think of people who excel at anything … Joshua Bell playing the violin, Reggie Miller shooting three-pointers, Dr. Lawrence Einhorn treating cancer … we understand they have achieved their success by focusing on their God-given talents, developing them, and practicing, practicing, practicing. Communities are much the same, though the philosophy could be amended to read a more…

Changes sought in Citizens Gas pipeline project: Industrial customers argue that alliance drives up cost

April 18, 2005

Citizens Gas & Coke Utility should build a new pipeline to reap cheaper wholesale gas from the West and Canada, but it should ditch its unregulated partner on the project, say industrial customers and the state’s utility consumer watchdog. The Citizens Industrial Group and the Office of Utility Consumer Counselor don’t want Citizens Gas’ ProLiance Energy subsidiary to be involved in certain financing, ownership and management aspects of the proposed $17 million pipeline. They say the joint venture, known as…

BEHIND THE NEWS: Great Lakes board battled for sweet price from suitor Bulriss not talking Legal costs singe ITT

April 18, 2005

Great Lakes Chemical Corp. shareholders have had a lot to feel disappointed about in recent years. But there’s no way they can feel let down over the board’s handling of the company’s $1.5 billion sale to Connecticut-based Crompton Corp. A new regulatory filing shows directors of Indianapolis-based Great Lakes went to extraordinary lengths to extract every penny possible from Crompton before sealing the sale March 8. A blow-by-blow account contained in the filing shows the Great Lakes board first began…

Charter school leaving train station location for its own ’empowerment center’:

April 18, 2005

21st Century Charter School is pulling away from Union Station. Nearly three years after reinventing 17,000 square feet of space that once housed a bar and Hooter’s restaurant, school sponsor Greater Educational Opportunities Foundation has plans to build a stand-alone facility about five miles to the north. GEO has agreed to buy a two-acre parcel at 25th Street and Capitol Avenue that was to be the site of the Fall Creek Retail Center, an ill-fated project that fell apart in…

New rules, players mean different conference session STATEHOUSE DISPATCH:

April 11, 2005

This is about the time each year when I write about the advent of the conference committee process, the black hole that not even the Stephen Hawkings of the legislative process can fathom. Just when you have figured out the session dynamics-leadership, partisan mischief, interconnections between issues and bills, and the relationships among key lawmakers-conference committees begin and all your presumed understanding flies out the window. Regardless of all the pablum you may hear about rules, what issues may be…

Wellness provider expands: Summex Health planning bigger HQ on NW side

April 11, 2005

A leading provider of wellness programs for large companies will triple its office space in June to meet demand from employers eager to save on soaring health care costs. Indianapolis-based Summex Health Management Inc. and its 55 employees will vacate 10,000 square feet of office space in The Morley Group building on the northwest side and take up residence in roomier digs in nearby Woodland Corporate Park. The Duke Realty Corp. property provides Summex nearly 30,000 square feet, or the…

Banker fits bill at art museum: Ex-Bank One CEO O’Connor leads facility through final stages of $74M expansion

April 11, 2005

Just over a year after retiring from the top position at central Indiana’s largest bank, former Bank One of Indiana CEO Lawrence A. O’Connor Jr. found himself giving up his newfound freedom to run another big business-the Indianapolis Museum of Art. Making the jump from financial services to arts and culture might seem unlikely, but O’Connor, who’s been serving as IMA’s interim executive director since November, finds himself at home running Indianapolis’ largest arts-related not-for-profit. “This is a wonderful place,”…

SPORTS: Two cities, eight teams and miles of observations

April 11, 2005

ST. INDIANAPOLIS-OK, an explanation of the goofy dateline. I have just finished shuttling back and forth between St. Louis for the NCAA Men’s Final Four and Indy for the NCAA Women’s Final Four. Because of a speaking engagement in St. Louis and an obligation back here on the front end, I made three round trips in six days, covering 1,500 miles. It was worth it. Six games over four days resulting in two national champions, the University of North Carolina…

CHRIS KATTERJOHN Commentary: Keep lights on at the Statehouse

April 4, 2005

CHRIS KATTERJOHN Commentary Keep lights on at the Statehouse Every morning I wake up happy that my job doesn’t require getting things through the Indiana General Assembly. I don’t have that kind of patience, and I’m not cut out to deal with that much frustration. I understand that big issues take time to be resolved and that compromise rarely happens overnight, but for a few issues that everyone seemed to agree were critical from the outset, the time it’s taking…

Incubator lures biotech upstart: Fish vaccine biz hoping to land on canal

April 4, 2005

Hatching new businesses is getting to be routine for Indiana University. So it was easy for Richard Wagner to contemplate moving his biotech startup from Columbus, Ohio, into IU’s 2-year-old business incubator on the Central Canal. “It’s an excellent facility. Every time I go up, I’m more and more impressed with it,” Wagner said. “They put a lot of thought into designing it to meet the needs of life science and biotechnology research.” Wagner, who holds a doctorate in plant…

STATEHOUSE DISPATCH Ed Feigenbaum: Competing interests emerge to cloud coming budget tiff

April 4, 2005

At the beginning of the legislative session, you probably thought that given Republicans were firmly in charge at the Statehouse for the first time in 20 years, bu d g e t – m a k i n g would be easy. Guess again. And gear up for a major budget battle. When Gov. Mitch Daniels proposed his budget ideas, lawmakers immediately shot down the most visible and memorable feature: the 1-percent surtax on higher-income Hoosiers. House members then passed…

BEHIND THE NEWS: Conseco cloud follows Cuneo to Duke Realty J&J dangles big dollars

April 4, 2005

Conseco Inc. is suing former executive Ngaire Cuneo to try to collect $65 million it says she owes under the company’s disastrous loan program. Worse, a federal judge last summer said the explanation she gave in court for buying a $10 million home in the debtor’s haven of Florida was “not at all credible.” “It appears to the court that the transactions were carried out primarily for the purpose of defeating a creditor,” federal Judge David Hamilton said last June,…

Appnuity LLC: IT firm targets small businesses, not-for-profits Web-hosted services one of the company’s fastest-growing areas

April 4, 2005

Appnuity founders David Eckel and Mark Castelli started their information technology business in 1999 specifically to serve this client base. They provide a wide array of personal-computer network solutions, Web site application development, Web-hosted services and structured cabling, which is determining the type of cabling needed to support current and future technology needs. The partners’ skills complement each other. Eckel, 33, who is president and CEO, has experience as a network technician and sales consultant. Castelli, 34, is Appnuity’s vice…

Y&L moving HQ to school: Ad firm to leave Massachusetts Avenue for renovated IPS building in Lockerbie

April 4, 2005

Advertising agency Young & Laramore is putting its highprofile Massachusetts Avenue building up for sale as it prepares to buy and occupy a former school building in Lockerbie Square. Y&L is listing its 17,000-square-foot building at 409 Massachusetts Ave. for $1.6 million, said Paul Knapp, the firm’s CEO. The building includes 4,000 square feet of storage space in the basement, leaving about 13,000 square feet as usable office space, Knapp said. The agency is leaving its headquarters behind after 15…

VOICES FROM THE INDUSTRY Don Altemeyer: Let’s rebuild Indiana’s rep as construction powerhouse A well-paying career More research A lesson from hoops

March 28, 2005

VOICES FROM THE INDUSTRY Don Altemeyer Let’s rebuild Indiana’s rep as construction powerhouse A well-paying career More research A lesson from hoops We could wear out our hands clapping like Gene Hackman’s Hoosiers, and it’s not going to change the fact that basketball in Indiana this year has been nothing short of unremarkable. Despite the state’s long-standing reputation as a basketball powerhouse, it’s the other teams playing in our arenas that are making history. There’s a similar story taking place,…

SPORTS: No more excuses for the fortunate Coach Davis

March 28, 2005

I find it semi-amusing that Mike Davis has to be publicly reminded that there are higher expectations for Indiana University basketball than seconddivision Big Ten finishes or NIT bids, that “We’re No. 4” is not an acceptable rallying cry, that the fans are demanding, that the boosters tend to be cranky and that, gee, a third mediocre season in a row might cost him his $800,000-a-year job. Well, yeah. So? Nonetheless, now the basketball literally is in Davis’ court. Which…

STATEHOUSE DISPATCH: Kenley’s funding plan has momentum despite critics

March 28, 2005

Remember when Republican Gov. Mitch Daniels felt “car-bombed” by House Democrats when they refused to provide a quorum for votes on 132 bills? Then Senate Tax and Fiscal Policy Committee Chairman Luke Kenley, RNoblesville, must have felt last week that his plan to help finance a new stadium for the Indianapolis Colts and an expansion for the Indiana Convention Center was hit by rocket-propelled grenades. Kenley proposed to finance the two projects through a combination of private, state and local…

Wood flooring companies put bounce under ball: Hoops tourney signals competitive bidding season

March 28, 2005

With March Madness, the NBA playoff race and high school state tournaments reaching a feverish pitch, many Hoosiers are eyeing bouncing balls and hanging hoops. But Kevin Price and his staff are more focused on the floor below. Price’s company has carved out a profitable niche supplying, painting, polishing and servicing the hardwood that keeps basketballs bouncing. “I’m sure a lot of people just think of it as a floor,” said Price, Indianapolis’ regional sales manager for Cincinnati Floor Co….

Million dollar baby: Hospital reaps benefits of caring for high-profile boy A public relations jackpot

March 28, 2005

The Afghan boy may have arrived last month at Riley Hospital for Children with heart trouble and a need for complicated surgery. But behind those soft, brown eyes and that adorable smile lies a 12-cylinder marketing engine. A sample of the 15-month-old’s power: Qudrat’s often-reported story created at least $1 million in free media for Riley, according to hospital officials. That’s 10 times the amount Riley spends on print or broadcast advertising in a year. He could be responsible for…

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Articles

Special Report: Flawed funding: Years of guaranteed increases set stage for school crisis

CHRIS KATTERJOHN Commentary: Be yourself-maximize your assets

Changes sought in Citizens Gas pipeline project: Industrial customers argue that alliance drives up cost

BEHIND THE NEWS: Great Lakes board battled for sweet price from suitor Bulriss not talking Legal costs singe ITT

Charter school leaving train station location for its own ’empowerment center’:

New rules, players mean different conference session STATEHOUSE DISPATCH:

Wellness provider expands: Summex Health planning bigger HQ on NW side

Banker fits bill at art museum: Ex-Bank One CEO O’Connor leads facility through final stages of $74M expansion

SPORTS: Two cities, eight teams and miles of observations

CHRIS KATTERJOHN Commentary: Keep lights on at the Statehouse

Incubator lures biotech upstart: Fish vaccine biz hoping to land on canal

STATEHOUSE DISPATCH Ed Feigenbaum: Competing interests emerge to cloud coming budget tiff

BEHIND THE NEWS: Conseco cloud follows Cuneo to Duke Realty J&J dangles big dollars

Appnuity LLC: IT firm targets small businesses, not-for-profits Web-hosted services one of the company’s fastest-growing areas

Y&L moving HQ to school: Ad firm to leave Massachusetts Avenue for renovated IPS building in Lockerbie

VOICES FROM THE INDUSTRY Don Altemeyer: Let’s rebuild Indiana’s rep as construction powerhouse A well-paying career More research A lesson from hoops

SPORTS: No more excuses for the fortunate Coach Davis

STATEHOUSE DISPATCH: Kenley’s funding plan has momentum despite critics

Wood flooring companies put bounce under ball: Hoops tourney signals competitive bidding season

Million dollar baby: Hospital reaps benefits of caring for high-profile boy A public relations jackpot