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Local SBA lending dropped 17 percent in 2009
Local loans issued through the Small Business Administration’s popular 7(a) guarantee program plunged by an astonishing 64
percent for three of the city’s four largest banks during 2009, while overall lending in the program slipped 17 percent in
the metro area.
RELLER: Refinancings likely to undermine prices for commercial real estate
Buyers armed with cash stand to snap up distressed properties for 40 percent less than their 2008 appraised values.
Fledgling technology park is development bright spot
WestGate@Crane Technology Park is adding office buildings for defense contractors next to the secretive Naval Surface Warfare
Center at Crane.
Homeownership losing cachet due to housing bust, job losses
Multifamily housing may not benefit anytime soon from falling rates of homeownership.
Premier Properties founder gets home detention for fraud
A judge on Wednesday afternoon sentenced Christopher P. White to one year on home detention and three years of probation in
connection with a $500,000 bad check he wrote last year as he tried to save his real estate development firm, Premier Properties
USA Inc.
State lands $4 million grant to aid autoworkers
The U.S. Department of Labor awarded the Indiana Department of Workforce Development a $4 million grant on Wednesday to help
autoworkers transition into alternate careers.
Also this week
Indianapolis Jazz Foundation Holiday Showcase, featuring Steve Allee, Cynthia Layne, Brenda Williams,
Everett Greene and more, Nov. 19 at the Madame Walker Theatre. Details here.
Chris Botti and the Indianapolis Symphony Orchestra, Nov. 24 at Hilbert
Circle Theatre. Details here.
International
Festival, Nov. 19-22 at the Indiana State Fairgrounds. Details here.
Sam Shepard’s “Curse of the Starving Class”—with
a half-hour of pre-show bluegrass music, Nov. 20-Dec. 6 at Indy Fringe Theatre. Details here.
Indianapolis Baroque Orchestra presents “The Bach Project,’
Nov. 22 at St. Paul’s Episcopal Church and Nov. 23 at the Christel DeHaan Fine Arts Center. Details here.
“A Christmas Carol”
Nov. 21-Dec. 27
Indiana Repertory Theatre
“A Christmas Carol”
is often the box-office highlight of just about any theater company’s season, but at the Indiana Repertory Theatre it
also has proved an artistic highlight. With its literate dedication to Dickens, the emotional commitment of its actors and,
of course, its gently falling snow, the IRT’s “Carol” has been a must-see touchstone of the season.
This
year’s production is a shortened one, with the intermission eliminated and scenes and cast-sized trimmed. Also on the
schedule are two high-tea performances (Nov. 29, Dec. 6), with beverages, sandwiches and pastries served on the mezzanine.
Details here.
Tonic Ball VIII
Nov. 20
Radio Radio and Fountain Square Theatre
One of the most anticipated Indy music traditions is the annual Tonic Ball, benefiting Second Helpings. This year’s setup: A long list of Indy bands (including Bigger Than Elvis and Mandy Marie and the Cool Hand Lukes) perform the music of Led Zeppelin at the adults-only Radio Radio, while another equally impressive lineup (including Otis Gibbs, Tad Armstrong, and The Vulgar Boatmen) takes on Bob Dylan tunes at family-friendly Fountain Square Theatre. Meanwhile, the Tonic Gallery at nearby AV Framing Gallery offers work by more than 50 local artists. Details here.
“Chicago”
Nov. 20-22
Murat Theatre
Now highly regarded, “Chicago” didn’t fare all that well in its original 1975 Broadway production. Even with theater legends Chita Rivera and Gwen Verdun in the leads, the Kander and Ebb musical struggled to make it through its first season, losing the Tony Award for Best Musical to the juggernaut “A Chorus Line.” Many credit a brief subbing of Liza Minelli into the Roxie Hart role for saving the show (at least, from a business perspective) and jump-starting it to a respectable-but-undistinguished two-year run.
The show’s fate changed with the minimalist 1996 revival, which has gone on to become not just the longest-running revival in Broadway history but also one of the longest running Broadway productions period. The film version went on to win a Best Picture Oscar in 1992.
All of which means there’s a fair chance you’ve seen it already—which isn’t to say it’s not worth a revisit. My prime reason this time around is to see Tom Wopat as lawyer Billy Flynn. Yes, he’s the guy from “Dukes of Hazzard.” But having seen him anchor a misguided production of “Annie Get Your Gun” and move an audience to tears as the quietly intense father in the recent Broadway production of “A Catered Affair,” it’s clear that the stage is where this talented actor belongs. Details here.
Inlow estate decision reversed by high court
The Indiana Supreme Court on Wednesday delivered some good news to the widow of former Conseco Inc. Chief Counsel Lawrence
Inlow, reversing a lower court’s order that she pay his estate $284,034 for funeral expenses.
“La Boheme”
Nov. 20, 22
Clowes Hall
Enough with the comparisons to “Rent.” Puccini’s “La Boheme” got along quite nicely for nearly a century before Jonathan Larson’s Broadway update premiered. And more than 50 different productions are scheduled for opera companies around the world in the upcoming year, which speaks to its ability to stand on its own.
Indianapolis Opera’s features Maureen O’Flynn–not exactly a name you’d expect for an Italian Opera set in France, but a singer with an impressive resume, including the Metropolitan Opera’s “Romeo et Juliette” and “Rigoletto.” Fans of last season’s “Pirates of Penzance” should note that the Pirate King from that production, Sean Anderson, is back with IO as Marcello. The company will be musically supported by the Indianapolis Chamber Orchestra. Details here.
Analyst: No trucking U-turn till late 2010
FTR Associates analyst Jon Starks says truck manufacturers won’t feel an improved economy until at least late 2010.
IPS superintendent stands by football decision
Indianapolis Public Schools officials say they wonâ??t change a decision to stop fielding football teams at three high schools.
Protesters on Tuesday night asked the school board to keep the teams at Manual, Marshall and Washington high schools. But
Superintendent Eugene White said the decision isnâ??t about money. Too few students have been turning out to play, he said.
Kernan to visit prison where he was held captive
Former Gov. Joe Kernan is going back to Vietnam for the first time since his release as a prisoner of war. Kernan and his
wife will host a February tour that will include stops at the site near Hanoi where his Navy plane was shot down in 1972 and
a portion of the prison where he was held for 11 months.
Mom pleads guilty to neglect in baby’s death
An Indianapolis mother pleaded guilty to neglect Wednesday morning in the death of her 1-year-old daughter. Rachel Goodman
allowed her boyfriend to beat her 15-month-old to death with a belt and didn’t take the girl to get medical treatment,
according
to prosecutors. Goodman hopes to avoid a 50-year prison sentence with the plea deal. Her boyfriend, Tayuan Chism, faces murder
charges. Fox59 will have more at 4 p.m.
Indy sports fans always have reason to cheer the home team
Lots of people turned out at Conseco Fieldhouse to cheer for the Boston Celtics Saturday night. Here’s hoping they were imported red coats and not local turncoats.
Lilly stock droops after rival claims faster-acting impotence pill
California-based Vivus claims its drug acts in 30 minutes, compared with about 2 hours for Lilly’s Cialis.
Greenwood closer to annexing portions of township
A proposal to incorporate portions of White River Township into the city of Greenwood passed a major hurdle on Tuesday.