Articles

Chamber merger stirs fears in regional economic development groups

Develop Indy, the economic development arm of Indianapolis, is working on a merger with the Greater Indianapolis Chamber of Commerce that has suburban economic development professionals concerned central Indiana will lose an independent voice in marketing the region to new business.

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Carmel councilors want final say on city’s debt

Carmel City Councilor Eric Seidensticker on Thursday morning proposed an ordinance that would require the council to sign off on any additional debt. The ordinance is backed by at least five of the seven councilors.

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Indiana Live parent seeks Chapter 11 loan extension

Indianapolis Downs LLC, parent company of Indiana Live horserace track and casino in Shelbyville, wants lenders to grant a one-year extension of financing for the Chapter 11 reorganization that otherwise would expire in April.

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