Articles

City panel tables approval of new towing contract

The Indianapolis Board of Code Enforcement put off voting on a new citywide towing-management contract Thursday after members said they wanted more information about the bids from San Francisco-based AutoReturn and its local competitors.

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High-profile developer chases Indy debut

Cleveland-based Forest City Enterprises Inc., developer of the 76-story New York by Gehry in New York City, is teaming with Keystone Group in its bid to redevelop a prime piece of downtown real estate where Market Square Arena once stood.

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Mayor suspends land bank after indictments

Indianapolis Mayor Greg Ballard on Wednesday sidelined a city program that sells vacant and tax-delinquent properties, one day after federal prosecutors indicted two of its top officials for allegedly accepting bribes and kickbacks.

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Oesterle sells land to Angie’s List, reaping millions

Angie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s the property, at well above its assessed value.

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Indy Parks, county assessor poised for budget cuts

Two ordinances that would reduce the Indianapolis budget by $1.6 million will be introduced to the City-County Council on Monday. The largest cuts will come from the Marion County Assessor’s office, the parks department and mayor’s office.

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Pence readies 1st vetoes as Indiana governor

Pence has expressed concern with a measure shifting power from the Indianapolis City-County Council to Mayor Greg Ballard and with a plan for a $100 million loan to the Indianapolis Motor Speedway.

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