Mass-transit bill slips through Senate with changes
The Senate passed a mass transit bill 28-20 on Tuesday that’s meant to give central Indiana residents authority to impose new taxes to pay for an expanded bus system for the region.
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Indiana Senate OKs bill targeting efficiency program
The measure would allow industries that are Indiana's biggest energy users to pull out of the Energizing Indiana program, which provides energy-efficiency assessments and tips for saving energy and lowering utility bills.
Purdue, Cook create $12M fund for life-science startups
The Foundry Investment Fund will join with other investors to provide funding for companies that use Purdue-licensed technology or expertise in human and animal health and plant sciences.
Project updates: Fishers mixed use, Carmel hotel and Zionsville’s new HQ
Elected officials north of 96th Street advanced a bevy of public-private projects Monday during what I like to call their monthly meetingpalooza. Here’s a rundown on where things stand:
New meetings planned on proposed reservoir
Mounds Lake Reservoir project organizer Rob Sparks told Delaware County commissioners that the meetings will be held in March and April in Yorktown, Daleville, Chesterfield and Anderson.
U.S. venture gathers drugmakers to take on major diseases
Eli Lilly and Co., Pfizer Inc. and eight other large drugmakers will partner with the U.S. government in a $230 million effort to identify new approaches to treat Alzheimer’s, diabetes, lupus and arthritis.
Anderson casino cuts 13 workers amid falling revenue
Hoosier Park reported a 3-percent drop in gambling revenue through the first 11 months of 2013, from $17.5 million to less than $17.1 million.
Developer plans Lockerbie residential project
Chase Development plans to build six, four-story townhomes along with six more traditional houses on a 1.25-acre parcel between Michigan and North streets.
Ossip to move HQ, open flagship store in Fishers
Ossip Optometry plans to open a flagship store in a funky building off 96th Street in Fishers, just around the corner from where it’s putting its new headquarters.
Statehouse update: Teacher evaluations, Christmas, meth disclosure, more
Indiana lawmakers made decisions on a number of bills Monday at the Statehouse, including legislation involving hunting and fishing, home health care, cardiac arrest and more.
Bill to free $400M for highways passed by House
House Bill 1002 transfers the balance of the Major Moves 2020 Trust Fund to the state highway fund before July 1, 2015. The legislation received support from both parties and passed 91-2.
House sends Indiana winery bill to Senate
HB 1387 would allow wineries to sell 5,000 gallons per year to retailers located within the same county as the winery or in neighboring counties.
Senate sends hemp-production bill to House for debate
The Senate voted unanimously Monday to pass legislation that would legalize the farming and production of industrial hemp in Indiana.
Deadline nears for saving Anderson’s Wigwam gym
School officials say a plan is needed to pay ongoing costs at Anderson's iconic Wigwam gymnasium while a group trying to save the building faces a deadline to hold off its demolition.
White Lodging says data breach reached 8 states
Merrillville-based White Lodging Services Corp. said the suspected breach affected credit cards used at hotel restaurants and lounges at 14 properties it manages, including the Marriott Indianapolis Downtown.
House lawmakers advance pair of Pence measures
The House voted in favor of measures increasing personal income tax exemptions and establishing an adoption tax credit. Both measures won broad bipartisan support.
City committee again delays vote on MSA tower’s financing
Members of the Metropolitan and Economic Development Committee said they needed more information on Flaherty & Collins’ proposed $81 million high-rise project on the former Market Square Arena site.
Construction
-Capitol Construction has completed a 4,200-square-foot office build-out for Century 21 Scheetz at 7994 E. U.S. 36, Avon.
-Capitol Construction has completed a 1,500-square-foot office expansion for Manley Deas Kochalski LLC at 151 E. Ohio St.
Residential
The average rate for 30-year mortgages fell from 4.56 percent to 4.50 percent for the week ended Jan. 30, according to Bankrate.com. The rate for 15-year mortgages fell from 3.61 percent to 3.56 percent.