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Purdue signs Painter through 2016-17 season

Purdue announced Friday that the new contract gives Matt Painter a $1.3 million base salary, plus up to $1 million of incentives
for academic, athletic and attendance performance.

Indy Parks gets to root of Monon problem

A portion of the Monon Trail will close for a week beginning on or after April 5 for repairs to uneven pavement caused by
unruly root development. The 140-foot section is located north of 86th Street and south of 91st Street; a detour route will
be available to the west. Indy Parks’ 2009 Capital Improvement Budget is funding the $14,800 cost of the project.

Missing man found dead in pond

A man who told his wife in a phone call that he was lost and confused has been found dead in an Indianapolis retention pond.
Police say divers found 67-year-old Tony Perkins of Indianapolis inside his vehicle on Thursday when they searched the pond
near Fall Creek Parkway North Drive and North Emerson Avenue. Perkins’ wife, Valerie, said that her husband had called
her Tuesday night and sounded disoriented. “Next thing I know, I heard a thump and then I didn't hear anything and
then the phone went dead,” Perkins said.

Ammonia gas-leak suspects held

Police have arrested two men suspected of causing a dangerous ammonia gas leak that forced hundreds of people from their Taylorsville
homes on Tuesday. Russell Rossman, 34, of Edinburgh and Kevin Edwards, 37, of Columbus were being held without bond Thursday
in the Bartholomew County Jail on preliminary charges of attempted theft. Authorities believe the men tried to steal anhydrous
ammonia from a tank at a farm north of Columbus early Tuesday, causing a leak that triggered the evacuation of hundreds of
people from their homes. Fox59 will have more at 4 p.m.

Two more victories = $10M in Butler merchandise sales

Butler University is bracing for a siege of publicity this weekend. The school's Web sites have been bolstered and retail
shelves are being stocked. Already more than $1.7 million in Butler merchandise has been sold.

NCAA, city still hammering out long-term deal

The NCAA and city put together a deal to cover insurance and liability issues for this year’s Final Four, but are still finalizing
an agreement that assures the event comes back regularly through 2039.

Local ballet company folds

A professional ballet company that formed in the wake of Ballet Internationale's collapse has closed its own doors.

State releases $500,000 for recycling program

Indiana had suspended the fund for the Indiana Recycling Market Development Program last year. And last June, it shifted $11
million from the fund that finances loan and grant programs to attract recycling businesses to Indiana to the state's
main checking account.

License lapse led to uninspected amusement ride

The Xscape indoor amusement center in Indianapolis let its license expire in December, which state officials weren’t aware
of until last week’s accident that critically injured a 5-year-old.

Some up-and-coming angel investors

Dozens of people in the Indianapolis area have the potential and the interest to become angel investors in the next few years.

Indianapolis set for next wave of angel investors

A wave of up-and-coming angel investors in the Indianapolis area are quietly accumulating the expertise and thick wallets
necessary to back startups that are at once risky and rich with potential for lucrative returns.

Downgrade a red flag for Indiana Live casino

New York-based Moody’s Investors Service has downgraded its credit rating for Indiana Live horse track and casino, a warning
signal that the Shelbyville facility may soon follow its Anderson counterpart Hoosier Park into bankruptcy.