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Articles

SPORTS Bill Benner: Stadium proves dreams sometimes come true

May 9, 2005

In subsequent columns, I also stated that we needed a regional solution to the funding problem, and proposed a regional tax for the counties contiguous to Marion in which they could keep a share of the proceeds for their own capital projects. Finally, within days of last November’s election, I observed that it would require a bipartisan effort led by both Republican Governor Mitch Daniels and Democratic Mayor Bart Peterson to work this thing through the Legislature. I’m glad-overjoyed-everyone took…

STATEHOUSE DISPATCH: Budget process smoother, but effect uncertain

May 2, 2005

As legislative veterans well know, there is nothing like a deadline to force action. The April 29 date for final adjournment of the Indiana General Assembly’s 2005 session did just that-helped along by new House rules requiring a proposed budget to be available to lawmakers at least 24 hours before a final vote. After some four months of sorting through philosophical issues, fiscal issues, political issues and sometimes even personal issues, lawmakers finally reached agreement on a biennial budget. At…

Experts see improving market: Higher occupancy rates, more construction projects mean good news for landlords, developers

April 25, 2005

IBJ: Is your sector of the construction or real estate industry better or worse off than a year ago and why? BURK: Overall, I think the Indianapolis office market is better off than it was a year ago. The occupancy rate for the 29-million-plus square feet of multitenant office properties in the market increased by about 2 percent last year, to 82.5 percent. There was positive net absorption of about 600,000 square feet, most of which occurred in the suburbs….

CHRIS KATTERJOHN Commentary: Giving credit where credit’s due

April 25, 2005

CHRIS KATTERJOHN Commentary Giving credit where credit’s due Over the last 25 years, one of the ways we’ve tried to give back to the business community that supports us is to recognize the people and companies who’ve made a difference. These programs have given us the opportunity to celebrate honorees and their accomplishments both in our pages and at public events. Each in their own way, the programs have been not only gratifying but, well, fun. I’d like to take…

Massive retail project on tee: Britton Golf Course buyers plan 85-acre development that could rival Clay Terrace

April 25, 2005

The development group that invested $16 million to buy Britton Golf Course in Fishers is pressing forward with its plan to convert the property into a retail center that would rival Clay Terrace in Carmel. The purchase earlier this month, following Fishers Town Council approval, represents the first significant real estate project for the group of local investors formed under the Britton Park Development LLC name. Bordering State Road 37 and East 131st Street, the 104-acre golf course is the…

STATEHOUSE DISPATCH: General Assembly’s shooting the three! Boom Baby!

April 25, 2005

Typically, when lawmakers are this near to reaching agreement on a state budget, it’s some time in early or mid-May, and we’re trying to pepper this column with analogies to the Indianapolis 500. However, we started the year with a race analogy-the one about Mario Andretti suggesting that if you felt like you were under control you weren’t going fast enough-and since the Indiana Pacers seemed destined for a brief playoff run this year, we probably ought to stick to…

State awaits Crane’s fate: Indiana tech promoters hope feds will expand naval base

April 25, 2005

In just a few weeks, Hoosiers will learn whether the Navy plans to multiply southwest Indiana’s economic development prospects, or mothball its Crane base, the region’s primary high-tech asset. The latter scenario would not only devastate the region; it would seriously set back statewide efforts to modernize Indiana’s economy. “If Indiana were in a position where we were a recognized technology leader, the loss of that one asset might not loom as large,” said Central Indiana Corporate Partnership Vice President…

EYE ON THE PIE: What politicians don’t know can hurt us

April 18, 2005

Last week in Jefferson City, I heard Missouri’s governor outline his economic and budgetary concerns. It sounded very much like a speech I could have heard in Indiana. His speech went something like this: Medicare is about to eat up the state budget. We have to find ways to use school funds more effectively because our education system is not sufficient for the needs of our citizens. We have to protect taxpayers from the burdens of new taxes. We need…

STATEHOUSE DISPATCH: Statehouse battles brew as session winds down

April 18, 2005

An awful lot of things need to fall into place between now and April 29 for lawmakers to exit Indianapolis with their heads held high over their ability to get things done this session. Some may quibble (and others flat-out argue) about whether the legislative agenda this session has been active-positive or active-negative. However, there is no question that, to this point at least, lawmakers-mirroring the new governor-have been proactive. It’s a stark contrast to the passive stance of the…

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…

Legislators take moratorium on serious moratorium talk: Effort to curb health care construction much quieter

April 11, 2005

The push to corral health care construction in Indiana returned to the General Assembly with a lower dose of momentum this year. Several bills regulating development in one fashion or another made appearances during the session, but no major initiatives will make it out of the Statehouse, according to advocates on both sides of the issue. Prospects for another push to install a certificate-of-need law or a moratorium next year also appear hazy for now, say legislators who pitched bills…

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…

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…

McIntosh goes to bat for players at hearings: Former politician represents 3 stars grilled about steroids

March 28, 2005

Hoosiers who saw some of baseball’s biggest stars testify before a congressional committee about steroids may have caught a glimpse of former U.S. Rep. David McIntosh. The Republican Muncie native served Indiana’s second district in the House of Representatives from 1995 until 2001, and he ran unsuccessfully for governor in 2000. He is currently a partner at the Washington, D.C., office of international law firm Mayer Brown Rowe & Maw LLP. Commuting from Indiana to the nation’s capital, McIntosh’s legal…

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…

Software-maker expands through public incentives: Exact Target must prepare for market’s consolidation

March 28, 2005

It made for a great photo-op. With the morning sun shining brilliantly through the windows, Exact Target showed off its brand new headquarters in the Guaranty Building on Monument Circle. It was the second day of spring. Bipartisan smiles were the first item on the agenda. Gov. Mitch Daniels, a Republican, was there to celebrate the fast-growing e-mail software-maker’s $1.14 million package of government incentives. So was Mayor Bart Peterson, a Democrat. Exact Target had earned its tax credits, abatements…

STATEHOUSE DISPATCH: Lawmakers struggle amid chaos, but order will come

March 21, 2005

If you’re having a tough time following the twists and turns of the political soap opera that is the 2005 Indiana General Assembly, you are not alone. Legislators find themselves so perpetually distracted by all sorts of peripheral issues and actions that Eli Lilly and Co. might want to consider a new market for its adult ADD medication. What do we mean by this legislative attention deficit disorder? Think back to December, when the first order of business seemed to…

Legislature revisits multistate insurance compact: Proposed bill awaiting House consideration could cut red tape and improve speed of products to market

March 21, 2005

The Indiana General Assembly is taking another stab at a bill that could make life easier for some insurance sectors by pushing products to market at a faster clip. A proposal that would allow Indiana to join a multistate compact for life insurance, disability, annuity and long-termcare products passed the Senate earlier this legislative session and awaits consideration in the House of Representatives. The bill died there last year. However, new state Insurance Commissioner Jim Atterholt thinks it has a…

STATEHOUSE DISPATCH: Lawmakers likely to resurrect best bills in second half

March 14, 2005

The second half of the General Assembly’s “long” session is now upon us, even though it doesn’t quite feel like it had closure to the first half. Unless you were in Florida or Arizona watching baseball’s spring training games, you are well aware of the House Democrats’ tactics that resulted in a lack of quorum on the final days for passage bills from their chamber of origin. The lack of a quorum meant more than 130 bills died ignominiously on…

Convention, Colts issues in play: With gambling plan off table, stadium funding gets elusive

March 14, 2005

Whether it includes taxes on players’ salaries, tickets and suite rentals remains to be seen. But early deliberations won’t include revenue from gambling, according to Sen. Luke Kenley, R-Noblesville, who chairs the Senate Tax and Fiscal Policy Committee. “There’s not going to be any gambling included in the bill,” Kenley said. “It’s not going to be funded through slot machines or pull tabs.” Sen. President Pro Tem Robert Garton, R-Columbus, also said he’d oppose any measure including slot machines or…

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