The refinancing would free up about $8.8 million for future development projects and keep the Carmel Redevelopment Commission out of the red. But a skirmish is brewing over a CRC proposal for the city to help cover operating expenses.
Those wanting to participate in the settlement must agree to various conditions, some aimed at limiting the state’s exposure to claims from third parties.
Congress' failure to pass a farm bill became a top talking point for Indiana candidates this week as Hoosier farmers continue to suffer through the worst drought in decades.
Mayor proposes shifting $10 million out of downtown district to help make up for $65 million general-fund shortfall.
The three candidates for Indiana lieutenant governor are talking about supporting Indiana's rural communities with strategies ranging from building better roads to improving health care.
An ordinance that would require new and rebuilt streets in Indianapolis to be designed and constructed with multiple users in mind has been passed by the City-County Council.
Farm issues play a central role in the duties of Indiana's lieutenant governor, who also serves as the state's agriculture secretary.
The project is part of a $63.9 million operating budget board members approved for 2013, which is lower than the current year’s budget because it doesn’t include Super Bowl costs or special payments to the Indiana Pacers.
Mayor Greg Ballard said he hasn't decide whether he will veto the measure. The mayor said he would prefer coverage be provided only to same-sex partners because he believes offering it to heterosexual couples is a "disincentive to marry."
Payments on a three-year, $30 million subsidy ended this year, but discussions continue between CIB officials and Pacers officials on future leases involving Bankers Life Fieldhouse.
The Republican mayor's administration also is trying to renegotiate scheduled 3 percent pay raises for officers and firefighters for $5.5 million in budget cuts.
Hoosiers have a pick of candidates looking to succeed Gov. Mitch Daniels who are ready to slash their taxes for them.
Two state ethics rulings have concluded that Indiana Gov. Mitch Daniels can lobby the state Legislature for university funding and other matters once he becomes Purdue University's president next year.
The Indiana Office of Tourism Development has named Mark Newman as interim executive director, replacing Amy Vaughan, who had led the tourism agency since 2005.
Owners, restaurateurs are hoping to avoid new ordinances.
The new law is only the latest to hit unions with broadsides.
Republican Mayor Greg Ballard’s aides says delayed action on funding proposals could jeopardize pending economic development proposals.
Mayor Greg Ballard said Thursday that he plans to introduce a new system of merit raises that could put extra pressure on department chiefs to cut their budgets.
Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the EPA waive production requirements for corn-based ethanol. The Obama administration sees no need for a waiver.
The Metropolitan Development Commission’s plat committee has given local developer Flaherty & Collins Properties the go-ahead to include two upper-level pedestrian connectors in its plan to build a five-story parking garage downtown. The garage is part of a larger, $85 million development.
