Articles

Bond bank will manage Carmel debt

Carmel Mayor Jim Brainard is trying to streamline the city’s debt management with a new Local Public Improvement Bond Bank. But it’s not clear whether his method in creating the bond bank, his choices for key positions, and his proposed combination of smaller bonds follow state guidelines and best practices.

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Three Duke office parks might fetch $500M-plus

Three of the Indianapolis area’s highest-profile office parks, including the two largest in the North Meridian submarket, are expected to fetch as much as half a billion dollars when they hit the market next month.

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Carmel considering another $242M in debt

A flurry of ordinances were introduced at the more than 5 hour long council meeting Monday night, with multiple bonds requested to fund road and sewer infrastructure improvements, redevelopment efforts and land acquisition.

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