Indianapolis officials had success recovering $1.2 million from Mexico-bound Carrier Corp. In the case of Rexnord Corp., which announced a tentative plant closure last week, the incentives in play could be far less.
The first pieces of the new initiative involving businesses, social-service groups and the police are launching this month.
Municipalities want to attract qualified and knowledgeable candidates to run for office, but communities have to be cautious about how public dollars are spent.
The budget, Mayor Joe Hogsett’s first in office, sailed relatively smoothly through the public process except for a debate from Republicans about road funding.
The east-side factory used to employ 1,500 dry-cell battery makers, but has been abandoned for decades.
Mayor Joe Hogsett’s administration is targeting the former General Motors stamping plant site on the west side, where development plans have stalled, and the upstart Market East District on the opposite end of downtown.
Both Indianapolis Republicans and Democrats want to spend $20 million on infrastructure, but the question is about how to fund it.
Indy Chamber President and CEO Michael Huber has found his rhythm as a founding member of the eight-piece party band Chamber Music.
Under rules to be proposed next week, operators of foot-powered trolleys on Indianapolis streets would need to be licensed and insured. City councilors also hope to address noise complaints.
The deal, which still needs to be approved by the full council, would give the city $45,000 per year in franchise fees.
The Hogsett administration’s proposal is to take big-ticket items out of the city’s operating budget to help resolve a persistent budget deficit. Republicans worry about taking on the debt.
The city of Indianapolis has raised income taxes twice in the last nine years to raise money to hire more police but it still has fewer officers.
As the recipient of a $1.1 million city loan, TWG Development has agreed to include public art in its mammoth project on the site of the former Indianapolis Star headquarters.
The office will likely remain in the 25,000-square-foot, privately owned building at 521 W. McCarty St. the next two years while the city explores whether to move the office or have a building constructed.
Mapleton-Fall Creek Development Corp. and Merchants Affordable Housing Corp. are closing in on a complex financing plan for the proposed low-income housing development.
The Indianapolis Housing Agency hopes more landlords will participate in the program.
Advocates and opponents of a Nov. 8 referendum that would let the City-County Council increase taxes to pay for a mass transit plan are gearing up to vie for your vote.
Indianapolis plans to install another 25 streetlights by the end of the year, continuing Mayor Joe Hogsett’s push to light up neighborhoods with higher accident and crime rates.
Mayor Joe Hogsett wants to replace traditional pensions for future employees with a retirement option more like a private-sector 401(k) as a way to help erase the city’s multimillion-dollar deficit.
The city aims to spend $12.7 million less than it did last year in an effort to begin reducing the structural deficit.
