Lean years loom for Capital Improvement Board
The Capital Improvement Board is headed for lean years, but it’s not for a lack of resources. The entity that oversees downtown convention and sports venues faces payment of two big debts.
The Capital Improvement Board is headed for lean years, but it’s not for a lack of resources. The entity that oversees downtown convention and sports venues faces payment of two big debts.
Currently, $1.13 million has been processed for reimbursement, and more federal money will be distributed as applications are processed.
The Greater Indianapolis Progress Committee on Wednesday announced the selection of Molly Deuberry as its new executive director.
The Indianapolis City-County Council’s finance committee voted to table funding for Mayor Greg Ballard’s $50 million preschool expansion plan and quickly adjourned a three-hour meeting Tuesday night despite protests.
The mayors of Indianapolis, Carmel, Westfield and Greenwood on Tuesday announced a potential plan and a timetable for The Red Line, a proposed rapid-transit all-electric bus route that would stretch 28 miles from Hamilton County to Johnson County.
Eli Lilly and Co. executives on Friday repeated their plea to local businesses to support early childhood education, highlighting the work force development and crime-reduction benefits associated with the effort.
Allison Melangton plans to step down as Indiana Sports Corp. president and will become senior vice president of events with Hulman & Co., parent of the Indianapolis Motor Speedway. Ryan Vaughn, chief of staff to Indianapolis Mayor Greg Ballard, will succeed Melangton.
Carmel, Fishers and Noblesville are trying to head off appeals that cause tax revenue to come in lower than expected, especially for projects within tax-increment-financing districts.
Funding concerns involving the homestead credit have prompted work on an alternative plan that Democrats expect to unveil soon.
In a 19-10 bipartisan vote, the Indianapolis City-County Council approved a hike in the public-safety income tax. The 43-percent increase will bring the total local income tax rate to 1.77 percent.
Eric Moeller was sworn as a Fishers Town Council member on Tuesday following the resignation of incumbent Renee Cox. Moeller already was unopposed in the November general election.
The home-improvement retail giant plans to hire 1,000 workers for the center at Intech Park on the northwest side. The jobs would pay an average hourly wage of about $16.
LaKeisha Jackson was chosen to replace Vernon Brown in District 18. Brown stepped down in August after 11 years on the council.
The ordinance is the product of state legislation this year that effectively shut down rental-property inspection programs but left municipalities the option of creating registries.
Officials hope to bolster the city’s “hipstoric” downtown and jump-start redevelopment of a key community gateway. But the price strikes some as steep.
Indianapolis Power & Light Co. customers would see less of a rate hike for an electric car-sharing program under a settlement agreement negotiated by the Indiana Office of Utility Consumer Counselor.
Rural/Metro Corp. says the changing health care landscape and the challenges of covering rural communities are forcing it to end its area ambulance services. It’s also closing a billing operations center in Indianapolis.
The Flanner House Elementary charter school will close on Sept. 11 after the Indiana Department of Education found evidence of widespread cheating on the state standardized ISTEP test. The school has 176 students.
The Department of Metropolitan Development could tap the downtown TIF fund to cover the costs. The problems were uncovered after bricks fell off the station’s south wall in December 2012.
A subsidiary of Dublin, Ohio-based Cardinal Health Inc. is seeking tax breaks from the city of Indianapolis to help it open a $14.4 million local drug-production facility that would employ 85 workers by 2017.