Articles

Finish Line forfeits incentive deal

Mall retailer The Finish Line Inc. has agreed to forfeit a potentially lucrative tax-abatement deal because it won’t be able
to meet a 2008 promise to create almost 200 jobs and invest $24 million at its Indianapolis headquarters.

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City revamping management of parking operations

The city of Indianapolis is seeking to consolidate management of its parking operations into a single, long-term lease that
could net it tens of millions of dollars to make street and sidewalk repairs. City leaders are expected to release a request
for proposals “soon.”

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City to bolster economic development funding

Mayor Greg Ballard expected to announce at his State of the City address Wednesday evening that the Indianapolis Convention
& Visitors Association and Indianapolis Economic Development Inc. could receive about $1 million each from the city.

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EDITORIAL: City should phase in new fees

Mayor Greg Ballard is on the right track with his plan to ask the City-Council to raise fees on businesses in order to
improve code enforcement. But the push-back he’s receiving from
the business community is understandable.

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