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City should prepare for energy shortage:

March 14, 2005

Indianapolis city planners should begin planning for a declining energy future. “Peak oil” and natural gas (generally, the point at which worldwide production begins to decrease, and the resource subsequently depletes)-are well-documented and loom directly ahead. Yet local plans are silent on the subject. Long-term impacts on our economy and community fabric will be significant. Mobility and development patterns will be heavily affected. Politicians and the media need to inform the public and properly plan for this sobering eventuality. The…

‘Placemaking’ finds champion: CICF to invest millions into quality-of-life enhancement

March 21, 2005

Central Indiana Community Foundation is making a multiyear, multimillion-dollar commitment to help find ways to make Hoosiers’ habitat a home. The Inspiring Places initiative, which is to be unveiled to foundation stakeholders March 22-23, aims to improve the region’s quality of life by rallying around the idea that vibrant public spaces create vibrant communities. But more than warm feelings are at stake, said CICF President and CEO Brian Payne. “More and more, a city’s economic development success revolves around its…

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…

D.C. key to meeting biz: Indianapolis lands conventions with Washington contingent

March 21, 2005

WASHINGTON, D.C.-Kim Allison wants people to think of one thing when they see her: Indianapolis. So she makes the rounds, on and off the clock, creating that connection. Whether she’s bowling or shopping, eating or reading, Allison has her hometown in mind-even though she’s living and working nearly 600 miles away. “We go to everything,” said Allison, who leads the Indianapolis Convention & Visitors Association’s two-person office in suburban Washington, D.C. “It helps keep our name out there.” Thousands of…

NOTIONS: Hazy logic: No business should have a license to kill

March 21, 2005

Saturday, Feb. 26, was the second-tolast day my boys, Austin and Zach, saw their stepmom alive. They didn’t see much of Pam that day. She and they slept late-Pam because she was ill with cancer, Austin and Zach because they’re teen-agers. Once everyone awoke, Zach had a six-hour photo assignment at the IU Natatorium. Late that afternoon, I took Austin to a movie, while my sister-in-law stayed with Pam. When we all returned home, we watched a video, discussed its…

School moratorium concerns industry: State officials studying whether too much money is being spent on non-educational construction projects

March 28, 2005

Designers of educational facilities are expressing concern over the future of school construction in Indiana as state officials mull guidelines that could bring changes to the process. Upon taking office in January, Gov. Mitch Daniels temporarily halted new school-construction borrowing to give the Department of Local Government Finance time to develop guidelines to ensure taxpayer money is spent wisely. The 120-day moratorium is a result of Daniels’ theory that school corporations spend too much money on projects unrelated to instruction….

Locals seek $10M to lift Lampoon: Laikin seeks to ‘re-energize’ money-losing L.A. company

March 28, 2005

National Lampoon Inc.’s in the comedy business. Yet in recent years, anyone who perused the L.A.-based company’s financial statements would be more apt to grimace than crack a smile. A group of Indianapolis businessmen who own most of the stock think they can stem the company’s heavy losses and in the process breathe new life into a comedy brand best known for the 1978 classic “Animal House” and the 1980s “Vacation” films. Here’s the catch: They need more money to…

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…

Chicago Express is not only asset ATA Holdings to jettison: More than $1.7 million for Boeing 727s won’t land in ATA’s pocket

March 28, 2005

As ATA Holdings Corp. prepares to ditch its Chicago Express commuter line after a tiresome series of low-ball bids, another batch of its aircraft about to be sold won’t fetch much attention-or even a dime-for the Indianapolis carrier. Up to seven of ATA’s former Boeing 727s and as many as 20 engines for the tri-engine aircraft are to be sold by early April for at least $1.7 million, according to documents filed by ATA earlier this month in U.S. District…

VIEWPOINT: Congress and Indiana class actions The class-action problem CAFA’s fix Unintended consequences

March 28, 2005

Congress recently passed the Class Action Fairness Act of 2005 (CAFA), intending to lower the costs and risks class-action litigation imposes on businesses. CAFA works primarily by moving certain large class actions out of state courts and into federal courts. This seemingly elegant solution assumes that litigating in federal court will be quicker, cheaper and yield a better result than litigating in state court. However CAFA’s complexity, combined with the good job most state courts are already doing, undermines that…

Struggling IndyGo pays big for technology expertise: At $94 an hour, IT director raises some eyebrows

March 28, 2005

Financially struggling IndyGo is paying a handsome sum to its information technology director, hired to help turn around a city bus system that began 2004 with a $4 million budget deficit. Dale Meyers would earn about $188,000 if he worked 40 hours a week, based on a $94-an-hour employment agreement inked last July. Meyers’ pay would dwarf the $120,000 annual salary of Indy-Go CEO Gilbert Holmes. It’s also salty compared to others’ in his field. The median pay for an…

Indiana State Bar Association embraces construction: Organization starts Construction and Surety Law section to help lawyers who work in building-related fields

March 28, 2005

A new section of the Indiana State Bar Association is a little out of the ordinary. The Construction and Surety Law section, which went into operation last fall, focuses on a specific industry instead of a specialized area of the legal practice, such as liability or contract law. This approach is pretty uncommon for state bar associations, Indiana State Bar Association officials said. “This section represents the cutting edge for bar membership,” said Section Vice Chairman David J. Theising, a…

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…

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…

TOM HARTON Commentary: Riding the rails from first to worst

April 11, 2005

When my grandparents took the interurban from Rushville to Indianapolis to see the 1920 Indianapolis 500, they probably didn’t appreciate how lucky they were to live in a state that was a leader in public transportation. Indiana had one of the earliest and most extensive interurban systems in the country. The state’s electric railway network converged at the Indianapolis Traction Terminal, thought to be the largest interurban station in the world. The massive building on West Market Street served 462…

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…

VIEWPOINT: We need Social Security as a safety net

April 18, 2005

The proposed use of personal savings accounts for Social Security tax investment fundamentally changes what Social Security was meant to provide. It was meant to be a minimum guaranteed platform of financial security in old age. If everyone could and would save a material amount of their lifetime earnings, investing in a disciplined diversified manner, we wouldn’t need Social Security. But the reality is, that’s never going to happen. The poor, non-earners and the profligate simply aren’t up to the…

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…

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…

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Articles

City should prepare for energy shortage:

‘Placemaking’ finds champion: CICF to invest millions into quality-of-life enhancement

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

D.C. key to meeting biz: Indianapolis lands conventions with Washington contingent

NOTIONS: Hazy logic: No business should have a license to kill

School moratorium concerns industry: State officials studying whether too much money is being spent on non-educational construction projects

Locals seek $10M to lift Lampoon: Laikin seeks to ‘re-energize’ money-losing L.A. company

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

Chicago Express is not only asset ATA Holdings to jettison: More than $1.7 million for Boeing 727s won’t land in ATA’s pocket

VIEWPOINT: Congress and Indiana class actions The class-action problem CAFA’s fix Unintended consequences

Struggling IndyGo pays big for technology expertise: At $94 an hour, IT director raises some eyebrows

Indiana State Bar Association embraces construction: Organization starts Construction and Surety Law section to help lawyers who work in building-related fields

CHRIS KATTERJOHN Commentary: Keep lights on at the Statehouse

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

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

TOM HARTON Commentary: Riding the rails from first to worst

STATEHOUSE DISPATCH: Statehouse battles brew as session winds down

VIEWPOINT: We need Social Security as a safety net

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

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