Articles

City’s street-paving project to resume as weather warms

Contractors last September began milling worn-out asphalt on downtown streets, but most remained unfinished over the winter, leaving raised manhole covers and uneven pavement. Now work is resuming as asphalt plants are fired back up for the season.

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Ballard says jobs, neighborhoods critical

Creating a climate that allows businesses to thrive and improving Indianapolis’ neighborhoods will be critical to the city’s future success. That was the message Mayor Greg Ballard conveyed Thursday night in his fourth-annual State of the City speech, delivered at the Indianapolis Artsgarden downtown.

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City seeks replacement for GM plant

Indianapolis will spend $115,000 on a study to explore redevelopment opportunities for the 102-acre GM Stamping Plant property west of downtown that will close this summer.

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Bond wariness might make it tough for cities to borrow

Interest rates on municipal bonds have ticked up in the last two months to pre-recession levels as investors have pulled their money from bond funds in droves. That pattern has begun, gradually, to reverse, but the higher rates could add to the cost of issuing debt for pending city projects.

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