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ICVA might take out loan to market city for conventions

The Indianapolis Convention & Visitors Association is so desperate for more marketing funding, the organization charged
with promoting the city as a convention and tourism destination is considering taking out a loan. While that
would be the last resort, ICVA CEO Don Welsh said it is one he will have to consider if the money can’t be raised through
local taxes.

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Site visit lifts county’s hopes for landing Harley

Harley-Davidson Inc. officials were in Shelby County yesterday assessing it as a location for a new motorcycle plant, but
it isn’t yet clear how the county stacks up to other U.S. locales that also are in the running for the economic-development
prize.

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Indiana is lucky to have toll lease

The facts are that toll increases are strictly limited
in the contract and cars using electronic tolling have had no increase and are still paying the $4.65 toll rate set in
1985, one of the lowest per-mile tolls in the nation.

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Tenants trickling in to Purdue’s technology center

For a city feverishly growing its technology and life sciences sectors, it seemed a bit anticlimactic last January when
Purdue University dedicated its new technology center with only one tenant. But the lone tenant in the $12.8
million complex, FlamencoNets, a high-tech telecommunications firm, is about to get some company.

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City-County Council OKs hotel tax hike

The City-County Council voted 15-14 last night to approve raising the local hotel tax from 9 percent to 10 percent in a move
intended to help the cash-strapped Indianapolis Capital Improvement Board close a $47 million operating deficit.

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CIB regrouping, still aiming to close budget hole

The beleaguered Indianapolis Capital Improvement Board has whittled its anticipated 2010 deficit of $47 million to only $5 million. But how it slashed $7 million since the end of the Legislative special session and how it proposes to close the final gap are a mystery.

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Quest Information goes after government contracts

Quest Information Systems does the kind of contracting where any screw-ups—even those not necessarily of its own
doing—can bring an unflattering public spotlight. The Indianapolis custom software developer works for politicians
and bureaucrats, a group many businesses seek to avoid.

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Purdue prof: ‘Clunkers’ could stall retail sales

The federal “Cash for Clunkers” program has opened a floodgate of car sales that President Obama
says is a much-needed boost for the economy. But retailers may feel the negative effects of America’s collective investment
in new cars, predicts a Purdue Retail Institute researcher.

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