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TAWN PARENT Commentary: This is no time for Hoosier hysteria

June 20, 2005

Some big decisions this spring have not made me particularly proud to be a Hoosier or a resident of Indianapolis. Sure, we got funding for a new stadium and a convention center expansion. That will bring more visitors to our community, and it says we care about sports and tourism. And glory hallelujah! We finally got daylight-saving time, the economic benefits of which are unproven. That says we care about being like everyone else, whether it makes any sense or…

City to land more aircraft mechanics: Lease calls for Republic to add 186 jobs

June 13, 2005

Republic Airways Holdings plans to add nearly 200 aircraft maintenance jobs at Indianapolis International Airport, based on employment projections in a lease the carrier recently signed for a new hangar. The Indianapolis-based regional carrier that employs 114 mechanics here “agrees to use commercially reasonable efforts to achieve average employment of 300 full-time Indiana resident employees at the facility … at an average salary of $18 per hour during the first year,” states a lease signed April 15 with the Indianapolis…

SPORTS: ‘Our’ future extends beyond Marion County line

June 13, 2005

NOBLESVILLE-That Gov. Mitch Daniels, aboard his RV-1, was caught in the daily late-afternoon I-69, State Road 37 traffic snarl and was a half-hour late for his Hamilton County town meeting here last week represented a theme of his presentation. We are no longer a city, but a region. With that in mind, Our Man Mitch has been venturing to the counties contiguous to Marion, pitching the pending 1-percent food and beverage tax that will supply a small-emphasis on small, an…

Trouble brewing at Market Square: Confidence wanes as partners bail

June 13, 2005

Deciding who will build and pay for a new sports stadium and expanded convention center has drawn plenty of scrutiny in recent months, diverting attention from the redevelopment struggle in our midst: the so-far illfated attempt to erect housing and retail space at the former Market Square Arena site. Though the stadium drama is yet to play out on the west side of downtown, it’s time for some answers regarding this high-stakes east-side project. The project team picked by the…

GERALD BEPKO: Deep Throat: a hero or a villain?

June 13, 2005

Forty years ago this month, I reported for duty as a special agent of the FBI. In the course of new agents’ training, we met a distinguishedlooking middle-age agent named W. Mark Felt, who headed the Training Division. In his meetings with new agents, Felt exuded the “fidelity, bravery and integrity” that are the motto of the FBI. He looked like the actors who were at that time filming some scenes nearby for the first episodes of a popular 1960s…

HSAs picking up steam: Enrollment tops 1 million; biz tax breaks proposed

May 30, 2005

Earlier this year, employees of Indianapolis-based N.K. Hurst Co. became part of the growing fraternity of workers in the United States who are eligible for health savings accounts as part of their benefits package. As of March, the membership in HSAs numbered more than 1 million people, twice as many as the estimated 438,000 in September, according to a study by America’s Health Insurance Plans. The Washington, D.C.-based trade association for insurers said enrollment numbers are growing because more companies…

Givebacks extended:

May 30, 2005

ATA Holdings Corp. appears to have averted another financial crisis, reaching a tentative agreement with its pilots last week to extend concessions another four months. The Indianapolis airline warned in previous court filings that it was “at the risk of shutdown and liquidation” if U.S. Bankruptcy Court failed to mandate an extension of concessions. Whether the warning was posturing-or a sign of an even more precarious financial situation-is hard to decipher amid ATA’s Chapter 11 reorganization. The proposed pact with…

Rule changes to get scrutiny: State agencies now must consider economic impact

May 30, 2005

Indiana’s small-business owners will encounter a friendlier regulatory environment in July, when sweeping legislation takes effect requiring state agencies to consider the impact of their policies on small businesses before adopting them. House Enrolled Act 1822 should help ease the burden of what advocates consider unnecessary regulations on small businesses by requiring agencies that intend to change or adopt a rule to provide an economic-impact statement first. The statement must include a regulatory-flexibility analysis that evaluates alternative methods that could…

Main post office pondering move: Relocation could prompt sale of 16 acres across street from proposed stadium

May 30, 2005

It’s not in the path of a new stadium planned for downtown Indianapolis, but the downtown post office may get out of the way anyway. U.S. Postal Service officials are negotiating an agreement to sell land the postal service owns within the stadium footprint, and a spokesman said that discussion is part of a larger scheme to relocate the entire facility. “They’re talking about moving the whole thing,” said Al Eakle, public affairs officer for the USPS’ Indiana district. “Basically,…

Competition stakes claim on hospital’s turf: Dialysis center would sit 1 block south of Methodist

May 23, 2005

A real estate company has filed plans to build a medical office building and dialysis center downtown, in the shadow of Methodist Hospital and Clarian Health Partners. A and T Realty wants to plop a 13,416-square-foot office on what now is a parking lot a block south of Methodist, according to plans filed with the city. The development has no connection to Clarian, according to Mike Quinn, a lawyer representing A and T. Clarian, whose three downtown hospitals all offer…

INVESTING: To ensure economic growth, we must look to Europe

May 23, 2005

I don’t like that we allow our government to have so much control over our fortunes, but it is the reality we live in. Most Americans would benefit from a long-term, generally rising stock market, so with that in mind, I am going to propose an idea that can contribute greatly to a steadily rising American market. This proposal comes from a notion the 200-year track record of generally rising stock prices in this country is in danger. We have…

HIGHER (cost of) EDUCATION: Students’ college burden continues to rise in Indiana

May 23, 2005

With state funding flat and operating expenses rising, Indiana’s public universities are turning to a familiar source to make up the difference-students. Tuition and mandatory fees at state institutions are set to climb an average of 5 percent next school year and higher in 2006-2007, if proposed rates stand. That’s a far cry from the double-digit increases most universities imposed just a few years ago, but observers say it’s worrisome nonetheless. “Tuition has been rising at twice the rate of…

Vote sets up big switch for Standard: Company awaits insurance department’s approval of sale

May 23, 2005

With two key shareholder votes in his favor, Standard Management Corp. Chairman and CEO Ron Hunter made major strides last week in remaking the Indianapolis holding company. Common-stock shareholders overwhelmingly approved the sale of Standard Life Insurance Co. and Dixie National Life Insurance Co. to Louisville-based Capital Assurance Corp. May 18. Later that day, the company announced most of the holders of its trust-preferred securities agreed to a plan that preserves more than $20 million in cash for Standard in…

VOICES FROM THE INDUSTRY: Vibrant city can be built without oceans, mountains

May 23, 2005

In late April and early May, two things happened. The Legislature adjourned on time and Forbes magazine released its seventh annual list of the best (and worst) metro areas to develop businesses and careers. Forbes based its ranking on business costs, living costs, education levels of the work force, qualityof-life issues as well as job and income growth and migration patterns. Indianapolis ranked 33rd out of 150 of the country’s largest metro areas, and there’s some good news in that…

STATEHOUSE DISPATCH: With session behind him, Daniels readying for next one

May 9, 2005

At the beginning of the session, Gov. Mitch Daniels told Hoosiers to fasten their seat belts. We told you to expect the session to follow Mario Andretti’s philosophy: “If everything seems under control, you’re just not going fast enough.” The session began like a heat at the U.S. Nationals drag races in Clermont-quickly out of the blocks. Things seemed to bog down midway, reminding us of the Brickyard 400. The finish held form, however, with the governor downing the legislative…

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…

NOTIONS: Race for the cure; reach for the phone

April 25, 2005

Spring has exploded in my urban garden. The climbing hydrangeas race up the trellises. The perennials ascend toward azure blue. And the flowering crab has erupted like a Fourth of July firework. It was a hard winter for us. Last fall, two shrubs by the stone bench turned brown and we couldn’t save them. In December, the blue spruce by the back gate shed its needles and died. And my fellow gardener, who planted this place and nurtured it with…

Plainfield, Avon work on land annexation agreement: Pact could pave way for mammoth industrial park by Browning Investments

April 25, 2005

Officials from the towns of Plainfield and Avon are negotiating to share annexation of a large parcel of unincorporated land that a mammoth industrial and distribution park will be built upon. Locally based developer Browning Investments Inc. has much of the 1,100-acre tract north of its Plainfield AirTech Business Park in Hendricks County under contract. When finished, the decade-long project will boast 15 million square feet of space, almost equaling the entire Plainfield industrial market. It dwarfs the 5.5-million-square-foot AirTech…

Kite’s plan sparking controversy: Condos near Fashion Mall likely to face ‘battle royal’

April 25, 2005

A partnership headed by Paul Kite has ambitious plans for a mixed-use development featuring midrise condominium towers and retail space on the last undeveloped corner of 86th Street and Keystone Avenue. A proposal from PK Capital LLC, Kite’s partnership, calls for more than 180 condos and about 60,000 square feet of retail space on the north side of 86th Street between Haverstick Road and Keystone Avenue. The 10-acre property lies just south of Our Lady of Peace Cemetery and a…

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Articles

TAWN PARENT Commentary: This is no time for Hoosier hysteria

City to land more aircraft mechanics: Lease calls for Republic to add 186 jobs

SPORTS: ‘Our’ future extends beyond Marion County line

Trouble brewing at Market Square: Confidence wanes as partners bail

GERALD BEPKO: Deep Throat: a hero or a villain?

HSAs picking up steam: Enrollment tops 1 million; biz tax breaks proposed

Givebacks extended:

Rule changes to get scrutiny: State agencies now must consider economic impact

Main post office pondering move: Relocation could prompt sale of 16 acres across street from proposed stadium

Competition stakes claim on hospital’s turf: Dialysis center would sit 1 block south of Methodist

INVESTING: To ensure economic growth, we must look to Europe

HIGHER (cost of) EDUCATION: Students’ college burden continues to rise in Indiana

Vote sets up big switch for Standard: Company awaits insurance department’s approval of sale

VOICES FROM THE INDUSTRY: Vibrant city can be built without oceans, mountains

STATEHOUSE DISPATCH: With session behind him, Daniels readying for next one

SPORTS Bill Benner: Stadium proves dreams sometimes come true

STATEHOUSE DISPATCH: Budget process smoother, but effect uncertain

NOTIONS: Race for the cure; reach for the phone

Plainfield, Avon work on land annexation agreement: Pact could pave way for mammoth industrial park by Browning Investments

Kite’s plan sparking controversy: Condos near Fashion Mall likely to face ‘battle royal’