CIB drama goes from bad to worse
I am truly disgusted after reading the latest in the perennial saga of the CIB.
I am truly disgusted after reading the latest in the perennial saga of the CIB.
A vibrant Indianapolis powers a dynamic Indiana and the governor, the mayor and the members of the General Assembly should all recognize that.
Congratulations to Lucas Oil Stadium Director Mike Fox, assistant Andy Arnold and the amazing crew at the stadium for transforming the venue into an intimate, 40,000-seat basketball venue for the NCAA’s Midwest Regional.
Of this, that and the other while wondering if NBA Commissioner David Stern had just taken a hit off Michael Phelps’ bong
when he proclaimed this to be "the golden age of basketball" during his all-star weekend news conference in Phoenix.
If the Capital Improvement Board comes, hat in hand, looking for help, we trust the investing companies will carefully weigh the benefits they’ve derived from the city and its thriving downtown before delivering an answer.
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
So much sad, bad, disturbing sports news. Time to look on the brighter side.
“Group think,” a powerful and controlling force, was present as the Capital Improvement Board built Lucas Oil Stadium and Eli Lilly and Co. developed and marketed Zyprexa.
I agree 100 percent that Colts’ owner Jim Irsay should step up to the plate to help bail out the Capital Improvement Board debt and that Colts’ ticket holders should be taxed.
Jim, you could engender so much good will if you would step forward and provide some short-term relief by paying more toward the operating costs of Lucas Oil Stadium.
State lawmakers formed the Capital Improvement Board in 1965 to oversee construction of the city’s convention center.
Creativity and transparency are required to fix the Capital Improvement Board’s financial woes.
In May, Indianapolis narrowly won the right to host the 2012 Super Bowl, beating out Phoenix and Houston at the National Football
League owners’ meeting in Atlanta.
The $720 million Lucas Oil Stadium opened in August, just in time for the Indianapolis Colts’ season. Indianapolis International Airport’s $1.1 billion midfield
terminal, meanwhile, took off in November.
The economic impact of a Super Bowl on the host city is subject to vigorous debate.
The development of shopping, restaurants, museums, public arts and hotels downtown in the past 25 years has made Indianapolis
a vibrant, more interesting place to live—and to visit.
The Pacers opening victory, new game innovations at Conseco Fieldhouse and retaining Danny Granger are bright spots in the
city’s vast sports scene.
Emboldened by the deal he signed to put his company’s name on the Indianapolis Colts’ new home, Forrest Lucas has launched
an arsenal of creative-some would say unorthodox-initiatives to fortify his growing company. Many of them are designed to
help Lucas Oil Products Inc. go head to head with the oil industry’s biggest players.
Officials for Lucas Oil Products Inc. are imploring fans and media not to refer to the team’s new stadium as The Luke,
a nickname that has cropped up on sports talk radio shows and been repeated in print and on TV. The nickname
seems to be gaining momentum, and that doesn’t sit well with Lucas brass already playing defense against
New Jersey-based Lukoil Co. California based-Lucas Oil signed a 20-year, $121.5 million naming-rights deal
for the Colts’ new stadium.
Cleaning crews are wiping construction dust from the 63,000 seats in Lucas Oil Stadium, prepping for the public’s first peek at the $720 million venue Aug. 16. But the hard work is only beginning for the city’s Capital Improvement Board, the entity charged with operating the stadium. The fumbling point: CIB is anticipating a $20 million operating deficit for Lucas Oil Stadium in 2009.