Articles

Indianapolis mayor wants another day of closures

Mayor Greg Ballard said he will be lifting the city's ban on non-emergency travel at noon Monday although he wants schools and businesses to remain closed another day until the worst of the severe cold passes.

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City loses top bond rating from Standard & Poor’s

Indianapolis had its bond rating cut from AAA to AA this week by financial rating service Standard & Poor's after the city dipped into reserve funds to balance its budget. Two other major ratings services retained the top rating.

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Mayor champions plan to relocate justice center

Mayor Greg Ballard and Marion County law enforcement officials on Wednesday morning expect to announce plans for a new criminal justice complex, moving operations currently located in the City-County Building and elsewhere downtown.

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Council delays decision on fate of Fishers tax

Fishers’ Town Council postponed a decision on a proposed 1-percent food-and-beverage tax Monday night, tabling the measure without comment rather than carry out an expected vote. It also OK’d an incentive deal for construction firm Meyer Najem.

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Manufacturer seeks tax break, plans to add 100 jobs

Applied Composites Engineering Inc., an Indianapolis-based designer and manufacturer of products for the aerospace industry and military applications, is planning to spend $2.5 million on equipment that would help it double its work force over the next six years.

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Indianapolis mounting push to privatize parks

IndyParks is looking for private operators interested in opening new attractions on city-owned land, improving existing offerings, and taking over daily operations of parks facilities. New offerings could get rolling in 2014.

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