Parking deal netting city more meter money
In the quarter ended June 30, the city’s share of revenue from parking meters totaled $498,273 compared with $108,265 in the same time frame of 2010, a 360-percent increase.
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City to cut $20 million from most departments in 2012
Indianapolis will shed 200 positions next year to help cut $20 million from non-public safety agencies.
City plans to put $80M from utility sale into new fund
The money would be used as a safeguard to help Indianapolis maintain its AAA credit ratings. But Democrat mayoral challenger Melina Kennedy is criticizing the move.
City considers tougher ticket-scalping regulations
A proposal in front of a City-County Council committee would require ticket brokers to purchase an annual license to sell tickets within one mile of an event venue.
Indiana counties wrestling with tax overpayment
City and county officials across Indiana are starting to wrestle with how they'll deal with the state's plan to recoup roughly $610 million it overpaid local governments for income taxes it expected to collect.
City cracking down on noncompliant tax breaks
The city of Indianapolis is seeking to overturn property tax breaks for more than 20 companies that continued to apply for abatement even though they were unable to meet job commitments.
Senior housing project replacing retail center
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
Housing agency buying its building for $2.1M
The City-County Council’s Metropolitan Development Commission is set to hear a proposal Monday evening to allow IHA to purchase its headquarters building at 1919 N. Meridian St.
Mayoral foe: Utilities sale money should fund ‘human capital’
Democratic mayoral candidate Melina Kennedy unveiled a proposal Friday to set aside $150 million in proceeds from the sale of the city’s water and sewer utilities to fund early education, crime prevention and job training.
Attorneys to get big cut of $300K OmniSource settlement
An OmniSource executive says the company wouldn’t have made the settlement with the Marion County prosecutor if it knew more than a third of the cash wouldn’t be going to Indianapolis police for training programs.
City ready to take down 1,100 abandoned homes
With the sale of its water and sewer utilities cleared by regulators, the city of Indianapolis is preparing to deploy $15 million to $25 million in funds from the deal into tearing down abandoned houses.
Cities weigh new law allowing bigger tax breaks
Communities across the state are trying to decide how they will use a new law that provides them more flexibility to employ economic development incentives but could increase pressure to give companies more tax breaks.
City seeking long-term operator of Eagle Creek course
Bids are due by July 29 for an eight-year contract to manage the golf club. The city intends to sue the former operator in an attempt to recover more than $200,000 after he defaulted on a $3.5 million loan.
City seeks to close south-side hotel on nuisance charges
The owners of the Traveler’s Inn on Bluff Road face public nuisance charges and are accused of operating without a proper business license, according to a lawsuit filed by the city on Monday.
Local governments will put budget data online
Officials at the Indiana Department of Local Government Finance and Indiana University's Indiana Business Research Center say they're launching a system to allow local governments to file their 2012 budgets online.
City exploring Mass Ave redevelopment options
Property that houses Indianapolis Fire Department facilities on North New Jersey Street, bordering Massachusetts Avenue, could be sold to private developers. In turn, city police and fire services could be better connected.
City taps downtown TIF funds for bridge repairs
The city is bidding work to repair concrete and add a green roof to the Meridian Street Bridge adjacent to downtown Union Station.
People have spoken on ideas for Monument Circle
A former Indianapolis resident who now lives in Philadelphia won the Monument Circle Idea Competition People’s Choice award, Indianapolis Downtown Inc. announced Tuesday.
Rejected bidder cries foul over demolition of Keystone Towers
Titan Wrecking & Environmental bid about $255,000 less than the winning proposal to demolish Keystone Towers, but was rejected because of missing paperwork. The company owner says the city could have overlooked the omissions to save taxpayers money.
Local contractor wins Keystone Towers demolition bid
Denney Excavating of Indianapolis has been granted the contract to demolish the vacant Keystone Towers apartment complex with a bid $827,000.