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Cities, towns see historic savings on bond refinancings
Municipalities rush to refinance while rates linger near rock bottom, and before an anticipated increase by the Federal Reserve Bank.
Municipalities rush to refinance while rates linger near rock bottom, and before an anticipated increase by the Federal Reserve Bank.
Controversial language that would have allowed as many as 75 billboards to be converted to digital over 36 months was removed from Proposal 250, under an amendment filed Wednesday by sponsor Mary Moriarty Adams.
Former U.S. attorney Joe Hogsett and restaurateur Chuck Brewer easily won their primaries Tuesday and will face off in the race for mayor of Indianapolis.
It was a good night for incumbent mayors in Hamilton County primary elections Tuesday. Carmel Mayor Jim Brainard, Noblesville Mayor John Ditslear and Westfield Mayor Andy Cook all emerged victorious.
Voters in 115 Indiana cities, including Indianapolis, head to the polls Tuesday to vote in mayoral primaries to decide which candidates move on to the November general election.
The Zionsville Town Council discussed a financial arrangement Monday night that would include constructing a new town hall on the land directly north of where the existing municipal building sits on Oak Street.
U.S. District Judge Sarah Evans Baker has sentenced former Center Township CFO Alan Mizen to 18 months in prison for stealing more than $340,000 in public funds.
Questions about cost and a heavily redacted contract are plaguing Indianapolis’ plan to rent more than 400 electric cars for city employees.
The issue has been at the heart of the mayoral campaign in Carmel this year, with incumbent Jim Brainard and challenger and Carmel City Council President Rick Sharp consistently citing different numbers and sources.
For the most part, mobile food vendors stick to downtown Indianapolis. More than 100 are licensed to do business in Marion County.
Mayor Greg Ballard's $1.6 billion justice center project suffered what could be a fatal blow in an Indianapolis City-County Council committee Tuesday night.
Peerless Pump Co. is in line to receive a pair of tax abatements from the city after the manufacturer spent more than $18.7 million to improve its Indianapolis plant. The deals could pave the way for an even larger expansion.
The organizations see the controversial, $1.6 billion project as a catalyst for redevelopment downtown. A City-County Council committee is set to weigh the proposed development deal Tuesday night.
Companies and a private citizen who sued the city of Indianapolis over a recycling deal with Covanta lacked legal standing to bring their complaint, a Marion County judge has ruled.
The proposed criminal justice center deal before the Indianapolis City-County Council will be just the first of at least two long-term, multi-million dollar contracts. A second is expected to increase total construction costs by $35 million to $54 million.
Effort in Indianapolis will try to entice manufacturers to rethink areas they abandoned.
A special review committee, the Marion County Justice Complex Board, voted 4-1 Wednesday in favor of a 35-year, $1.6 billion deal with WMB Heartland Justice Partners, moving the issue closer to a vote by the full City-County Council.
Several opponents, meanwhile, say the decision should be made by a referendum rather than a vote of the Indianapolis City-County Council, currently scheduled for April 20.
In the state’s fastest-growing county, Boone, the two fastest-growing towns both hope to stake a claim to unincorporated Perry Township.
Town officials have contacted more than 50 developers to gauge their interest in saving the century-old building, which is in danger of being demolished to make way for a service station.