CIB, Pacers discussing three-year deal
City officials want to wait until economy, National Basketball Association labor situation stabilize before entering longer-term
deal. Optimism remains deal can get done by June 30.
Capital Improvement Board
Articles
City not ready to privatize Capital Improvement Board
Mayor Greg Ballard has put privatization of Indianapolis’ stadium and convention center management on indefinite hold.
CIB agrees to help Black Expo, but not with grant
Capital Improvement Board votes not to restore IBE’s annual $150,000 grant, but agrees to provide the organization
with in-kind services equaling the amount.
Study: Pacers, Fever add $55M to local economy each year
The Indiana Pacers and Indiana Fever contribute an estimated $55 million a year to the Indianapolis economy, according to
a study conducted by Chicago-based hospitality consulting firm Hunden Strategic Partners.
CIB set to release results of Pacers impact study
The report from a Chicago consulting firm will detail how much the Indiana Pacers contribute to the local economy, as the
Capital Improvement Board negotiates with team officials over paying $15 million in annual Conseco Fieldhouse operating costs.
Pacers’ woes tied to Lucas Oil Stadium deal
Five years ago, the Indiana Pacers ownership was not included in discussions about a potential new downtown home for the Indianapolis
Colts, and now city and Pacers officials are paying the price.
Bird: Pacers owner hasn’t indicated team will move
Indiana Pacers President Larry Bird says that despite questions about the franchise's stability he's never heard team
owner Herb Simon say he would relocate the club.
Pacers playing hardball with city on lease
The Indiana Pacers set a June 30 deadline to get a deal worked out to operate Conseco Fieldhouse. The team wants $15 million
annually.
CIB takes Black Expo grant request under consideration
Local not-for-profit wants annual $150,000 grant from the Capital Improvement Board restored to better market the Circle City
Classic.
Black Expo making pitch for lost CIB grant
Not-for-profit hopes to have $150,000 in annual funding restored, particularly now that it has taken on the additional duties
related to the Circle City Classic.
NCAA, city still hammering out long-term deal
The NCAA and city put together a deal to cover insurance and liability issues for this year’s Final Four, but are still finalizing
an agreement that assures the event comes back regularly through 2039.
CIB turns down Axe deodorant ad for stadium
The Indianapolis Capital Improvement Board on Monday rejected a request from Axe deodorant to place an advertisement in Lucas
Oil Stadium because the message is too racy for youngsters.
Low-profile CIB leader embraces tough financial task
Ann
Lathrop's interactions with the Indiana Pacers and Indianapolis Colts aren't what she might have envisioned as a young
college student pursuing a career in sports medicine. Now president of the city's Capital Improvement Board, her relations
with the teams are tied to their financial conditions rather than the health of their players.
ICVA receives $5.4M gift to promote Indianapolis
The Indianapolis Convention & Visitors Association said Thursday that it has received a $5.4 million gift to help market the
city’s tourism and convention industries. The grant comes from a foundation headed by the developer of the Marriott Place
hotel complex under construction downtown.
Hamilton County tourism leader selected to join CIB
Brenda Myers, executive director of the Hamilton County Convention and Visitors Bureau, rounds out the appointments to a restructured
Indianapolis Capital Improvement Board.
Big companies seek chance to bid on CIB privatization
Indianapolis receives a dozen responses to its proposal to privatize management of Lucas Oil Stadium,
the Indiana Convention Center and, perhaps, Conseco Fieldhouse.
Venue-management titans emerge as CIB front-runners
Experts say a unique four-way partnership that includes the Pacers and Indianapolis Convention & Visitors Association may be the favorite to run the city’s sports and
convention venues.
Lucas Oil Stadium lease for Final Four is on CIB’s front burner
Greg Shaheen, NCAA senior vice president of basketball and business strategies, said the deal needs tweaking
because Lucas Oil Stadium was in the conceptual stages when Indianapolis won the bid to host the 2010
Final Four.
Here are some ways to help the CIB
Is there enough money coming in to keep the city’s world-class sports facilities maintained, pay them off, put enough away for
the inevitable refurbishing that they will need over time and also promote Indianapolis?
City tries to raise cash by privatizing operations
Indianapolis Mayor Greg Ballard pulled out his predecessor Steve Goldsmith’s Republican playbook and began exploring a host
of privatization proposals in an effort to save money.