As lease expiration nears, Indians continue years of investment in Victory Field
For almost 18 years, the Indianapolis Indians have poured tens of millions of dollars into Victory Field while the city has spent hardly a dime.
Government & Economic Development
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Bosma asks House Ethics Committee to review Turner
House Speaker Brian Bosma wrote a letter to Ethics Chairman Greg Steuerwald on Thursday requesting an investigation into whether Republican Rep. Eric Turner violated any ethics rules.
Pence signs measures, but big items await decisions
As of Wednesday, Gov. Mike Pence had approved more than 30 bills, but he has left the bigger items — including his top priorities — for later.
City reports more revenue from parking meter operations
Indianapolis received more than $3 million in revenue from parking meters in 2013, its highest total yet since turning over meter operations to ParkIndy in late 2010.
State asks feds for help with overseas-based robocalls
In 2013, there were about 14,000 complaints from consumers who received unwanted solicitation calls despite being on the list.
U.S. agrees to $1.2B settlement with Toyota
U.S. Attorney General Eric Holder said it is the largest financial penalty of its kind ever imposed on an auto company.
City pitches case for jail on former GM plant site
Indianapolis Director of Enterprise Development David Rosenberg met with west-side residents Tuesday evening to explain the city’s preference for putting a new criminal-justice complex on the former GM stamping plant property.
Democrats seek ethics investigation of Turner
Democratic Party Chairman John Zody asked Republican House Speaker Brian Bosma on Tuesday to investigate whether Republican Rep. Eric Turner of Cicero violated House ethics rules in fighting a nursing home ban this session.
City to consider $7.7M bond issue to assist Broad Ripple project
Browning Investments Inc. says that it is seeking $5.7 million from the bond issue to help finance Canal Pointe, its controversial $30 million apartments-and-retail project.
Bill opens door to crowdfunding investments for businesses
Privately owned businesses in Indiana will be able to raise investments online as part of a bill on the way to Gov. Mike Pence’s desk.
Illiana Expressway eligible for low-interest loan
The proposed Illiana Expressway linking northwestern Indiana with Chicago's south suburbs is eligible for a low-interest federal loan for up to one-third of the cost of the $1.5 billion project.
Lawmaker Turner worked to nix nursing home ban
A powerful House Republican secretly lobbied colleagues in the final hours of the 2014 session last week to kill a measure that would have been disastrous for his family's nursing home business.
Council backs city financing plan for $81M tower
The Indianapolis City-County Council voted 18-9 Monday night to provide up to $23 million in city financing for the project, with the stipulation that 30 percent of the workers hired to build the 28-story building live in Marion County.
Apparel firm requests tax break on $15M project
OSP Group is in the midst of re-evaluating its national distribution network and has identified major improvements needed at the center, which employs 625.
Financial emergency sparks cuts in Connersville
The city’s clerk-treasurer estimates the city's general fund will have less than $15,000 in the bank as of May 1, yet its monthly payroll and claims typically exceed $700,000.
Pence signs bill allowing state fair alcohol sales
The law ends a 67-year ban on selling alcoholic beverages at the Indiana State Fair, positioning Indiana to join 48 other states that allow the practice.
Statehouse victories tempered by Senate, budget concerns
Gov. Mike Pence and House Republicans entered the 2014 legislative session with big plans for education, taxes and roads, but they often found themselves running into Senate roadblocks.
Lawsuits challenge Indiana’s gay marriage ban
Ken Falk, chief legal counsel for the ACLU of Indiana, said he expects the growing number of federal lawsuits will be consolidated into a single challenge against the state's marriage law.
Last-minute lobbying kills nursing home moratorium
A leading proponent of a moratorium on nursing-home construction said last-minute lobbying and big promises about jobs and investment killed the bill.
Feds revise for-profit college rules after court block
ITT Educational stock fell Friday after the Obama administration said it has revised its regulatory package for for-profit colleges, rewriting a proposal that the education industry blocked in court almost two years ago.