Articles

City plans to borrow $135M for Rebuild Indy

City officials said Thursday that they intend to spend $350 million over the next three years to improve streets, sidewalks, trails and bridges. More than a third would come from a proposed bond issue.

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Shelbyville sees spark of revival downtown

A homegrown revival in Shelbyville could gain serious momentum with redevelopment of the vacant First Methodist Building, one of the most prominent buildings on the circle. A California investor bought the five-story building in May and plans a $3.5 million renovation.

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Indianapolis aims to become top center for cricket

The Midwestern city best known for its basketball and auto racing is gearing up for a proper game of cricket — the ball-and-bat sport most Americans know only from British films or by surfing through international sports channels.

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Issuers of bonds burned by rate hike

Government entities across Indiana have spent the past two years refinancing every possible bond to take advantage of historically low rates, but the savings might not be so easy to come by if rates continue to rise.

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