Home » Capital Improvement Board

Capital Improvement Board

Articles

EDITORIAL: Leadership void stymied special legislative session

The legislative session that concluded June 30 with passage of a two-year budget left a bad taste in our mouths. For starters,
legislators lacked the courage to tackle local government reform—even though cash-strapped units of government
desperately need the millions of dollars in savings they would generate. In short, they put political cronyism ahead of the
interests of the state.

Read More

$65M development deal would cost Capital Improvement Board

The Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million
public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations
center in part by acquiring an adjacent
parking garage for $18.5 million.

Read More

$65M downtown development deal raises questions

A $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual
approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations
center, surface parking lots and an adjacent
parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.

Read More

Tourism should not be our focus

If a city really wants to attract people to its city (to live and visit), it has to become a better city, but to become a better city it has to know what it is and what it wants to be and what it can be.

Read More

Stop funding CIB

Well-intentioned or not, competent or not, the so-called “leaders” [sports columnist Bill Benner] referenced in your [May 4] column failed miserably in representing the best interests of taxpayers and instead presided over an unconscionable transfer of wealth from “We the people” to a small number of professional sports owners and players.

Read More

City built on leadership, cooperation is in danger

No matter how the Capital Improvement Board funding mess plays out, we’re left with resentment coming from all directions
and an unprecedented splintering of the long-standing bipartisan cooperation that helped propel our city forward.

Read More

General Assembly is shame of Indiana

When we read that all the Democrats in the House voted against all the Republicans in the House on a given issue, we know independence has been cruelly killed by the leadership of each party. The same applies to the Senate.

Read More

CIB’s deficit is a state problem, not a local one

Casting the CIB’s deficit as an Indianapolis problem is simplistic and inaccurate because it overlooks the millions of dollars in state tax revenue generated by those venues and an endless list of vendors that do business with them.

Read More

Detroit reminds us not to squander what we have

My prevailing thoughts upon returning from Detroit were how fortunate Indianapolis is when it comes to hosting these kinds of events, and how a thriving downtown is essential to (A) success of the region and (B) national perception.

Read More