City plans to put $80M from utility sale into new fund
The money would be used as a safeguard to help Indianapolis maintain its AAA credit ratings. But Democrat mayoral challenger Melina Kennedy is criticizing the move.
The money would be used as a safeguard to help Indianapolis maintain its AAA credit ratings. But Democrat mayoral challenger Melina Kennedy is criticizing the move.
The City-County Council’s Metropolitan Development Commission is set to hear a proposal Monday evening to allow IHA to purchase its headquarters building at 1919 N. Meridian St.
More agencies will be vying for a piece of the city’s income-tax revenue as next year’s budget process begins. But with that money flat-lined next year, city leaders say there may not be enough to share.
A proposed ordinance would crack down on “predatory” towing practices by requiring tow-truck operators to adhere to several rules meant to protect consumers.
The City-County Council in Indianapolis has voted to spend $4 million to demolish the abandoned 15-story Keystone Towers and the long-vacant former Winona Hospital.
A search is under way for a successor to Indianapolis-Marion County Public Library CEO Laura Bramble, who plans to retire, and expectations from all quarters are high.
The Indianapolis Parks Foundation will administer the city's tax-supported crime grants program, under a proposal approved Monday night 26-0 by the City-County Council.
Now that financing for Buckingham Cos.’ massive project has the city’s blessing, the local developer is turning its full attention to construction of the 14-acre, mixed-use complex.
Under a proposal on its way to the City-County Council, the Indianapolis Parks Foundation would oversee millions of dollars in tax-supported grants for crime prevention.
The city’s Economic Development Committee, which was set to vote on the downtown project’s $98 million bond financing package on Tuesday, chose to wait until February after making a few changes.
T2 Systems Inc., which makes software to manage the enforcement of parking violations and the collection of fines, is hopeful it can continue providing the service under a new parking-meter manager.
City-County Council members voted 15-14 Monday night to clear the way for Indianapolis to lease its parking meters to a private firm, a move proponents say will upgrade the system even as it generates revenue for infrastructure improvements.
Indianapolis' City-County Council could vote Monday night on its proposed 50-year agreement with Xerox Co.’s Affiliated Computer Services, which was revised after public outcry over the original proposal.
Republicans who now control the Indiana House are poised to push reforms next year that would strengthen local governments’ ability to offer businesses tax abatements. But the changes might be met with caution in Marion County.
As a new City-County Council member entrenched in several hot-button issues, Angel Rivera sometimes blows off steam on his Ducati SportClassic GT1000.
The CIB’s $73.1 million budget, which included a $10 million payment to the Pacers for the operation of Conseco Fieldhouse, passed by a 15-14 vote.
City would reap more cash in the long run and get more flexibility to alter the deal if necessary, but the controversial 50-year term of the contract remains.
Some City-County Council members are skeptical of the Capital Improvement Board’s spending plan for 2011 that includes $10 million for the privately operated Indiana Pacers.
City leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council signs off on the deal, not if the contract doesn’t win approval.
Indianapolis’ Department of Public Works Board and its City-County Council Rules and Public Policy Committee both will meet
on Monday to consider the long-term deal. It would need approval from the City-County Council before taking effect.