A technicality caused the City-County Council on Monday night to put off a final vote on the massive North of South mixed-use project slated to be built on 14 acres north of the Eli Lilly and Co. corporate campus.
Interest rates on municipal bonds have ticked up in the last two months to pre-recession levels as investors have pulled their money from bond funds in droves. That pattern has begun, gradually, to reverse, but the higher rates could add to the cost of issuing debt for pending city projects.
The city put out a request for proposals seeking companies that would schedule and oversee events such as weddings and Fourth of July celebrations on the city-owned portion of the walkway.
Indy Parks & Recreation officials on Monday issued a request for proposals from entities interested in leasing the Riverside Marina facility near 30th Street and White River Parkway.
The city’s Economic Development Committee, which was set to vote on the downtown project’s $98 million bond financing package on Tuesday, chose to wait until February after making a few changes.
A vigorous effort by city officials to enforce building-safety codes has some concerned that it’s becoming tougher to revitalize older properties.
Finding a way to cover the cost of expanding the program with revenue from sales of recycled goods such as aluminum, plastic and glass has proved tough, even as commodities prices rise with the improving economy.
Democratic City-County Councillor Jose Evans follows Indianapolis businessman Brian Williams out of the race to challenge Republican Mayor Greg Ballard.
Democratic mayoral candidate Melina Kennedy will leave her attorney job at law firm Baker and Daniels on Friday to begin campaigning full-time next month.
Testimony is part of effort to deny Veolia Water $29 million contract termination fee as part of utility sale. Group claims salaried employees owed millions of dollars.
In the spring, Mayor Greg Ballard introduced a plan to sell the city’s water and sewer utilities to Citizens Energy Group, the public charitable trust that owns Citizens Gas. About six months later, he rolled out a deal to lease the city’s parking meters to a private operator.
Michael Huber has learned not to take critics' barbs personally as he oversees some of the city's biggest deals.
A Fountain Square group led by neighborhood business owners hopes to create an “economic improvement district” for the up-and-coming neighborhood, where additional tax revenue could be used for everything from litter cleanup and marketing to capital improvements.
Citizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
The Office of Sustainability in November put out two requests for consultants or teams to implement environmentally friendly initiatives.
The developer of the $150 million mixed-use project in downtown Indianapolis had hoped to start construction by the end of the year. But delays in getting the project zoned properly likely will move the start date back.
Devington Community Development Corp. tried to tackle a host of neighborhood ills before closing its doors this month. But the agency also was embroiled in disputes with a local minister and its landlord.
T2 Systems Inc., which makes software to manage the enforcement of parking violations and the collection of fines, is hopeful it can continue providing the service under a new parking-meter manager.
As a new City-County Council member entrenched in several hot-button issues, Angel Rivera sometimes blows off steam on his Ducati SportClassic GT1000.
Jeff Spalding, a former financial administrator at the Indiana Commission for Higher Education, has been named controller for the city of Indianapolis.
