Three music events with direct visitor spending estimated at $28 million that were hosted at Lucas Oil Stadium offer proof,
city officials said, that the expense of the retractable roof and other features of the $720 million facility are paying off.
Despite recent investment by Major Health Partners, Shelbyville’s technology park is about as far from meeting state
standards as it was two years ago.
The federal government’s popular Cash for Clunkers program that ended Monday gave a boost to Kokomo’s Chrysler
plants.
WellPoint Inc., the nation’s largest health insurer based on membership, spent $1.2 million in the second quarter to lobby
the federal government on a variety of health care reform-related issues and other topics, according to a recent disclosure
report.
Fort Wayne’s mayor said he still thinks residents should be able to vote on whether they want the city to have a casino despite
the opposition of other local leaders.
Now comes the hard part for the auto industry – luring customers without big Cash for Clunkers discounts.
Officials with casinos at Indiana’s two pari-mutuel horse racing tracks told lawmakers today that taxes imposed on them are
too high and are threatening their viability.
Cities must woo people while they’re young—in their 20s or early 30s—because after that age, people tend
to hunker down. The Indianapolis area apparently appeals to at least two key groups of young people—particularly those
already married, according to a new study by researchers at IUPUI.
Veolia Water Indianapolis, which manages the city’s water utility, has appealed an order issued by state utility regulators
that limited a major rate increase sought by the city.
Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.
Tipton Mills, a New York specialty beverage company, announced today it will locate a plant in Columbus, Ind., creating
more than 40 jobs.
Indiana’s share of tax money generated by the state’s 13 casinos is expected to remain relatively flat for at
least the next few years, a state fiscal analyst told Gaming Study Committee members this morning.
Officials in Kokomo and Howard County are in a tough spot. The “new” Chrysler created after its bankruptcy
sale to Fiat contends it‘s no longer on the hook for $12.9 million it owes various local taxing bodies this year and
$12.3 million it will owe next year.
The Indianapolis Convention & Visitors Association is so desperate for more marketing funding, the organization charged
with promoting the city as a convention and tourism destination is considering taking out a loan. While that
would be the last resort, ICVA CEO Don Welsh said it is one he will have to consider if the money can’t be raised through
local taxes.
Several prominent local Democrats are lining up to challenge Republican Mayor Greg Ballard just two years into his first
term.
Steven Libman believes he’ll have no trouble raising money for a $3 million operating budget, and says he plans to
pack the calendar with big-name acts.
Affordable
housing developers nationwide are facing a drastically weaker market for tax credits.
Harley-Davidson Inc. officials were in Shelby County yesterday assessing it as a location for a new motorcycle plant, but
it isn’t yet clear how the county stacks up to other U.S. locales that also are in the running for the economic-development
prize.
The Indianapolis office of New York-based PricewaterhouseCoopers is adding 20 consultants following the accounting firm’s
purchase of a portion of McLean, Va.-based BearingPoint Inc.
In her short tenure thus far as commissioner, she has already helped me personally with an issue I was experiencing as a law
student.
