On Thursday, the Indianapolis City County Council Municipal Corporations Committee voted 5-3 to levy a $15 million PILOT (payment in lieu of taxes) against the Capital Improvement Board to help pay for public safety and fill a $65 million budget gap. When questioned about the legality of the action, PILOT proponent and Council Vice-President Brian […]
I originally posted this on our sister site, IndyPolitics.org. When it comes to the Indianapolis Colts I am fundamentally indifferent. I grew up in Chicago, went to law school in St. Louis, and try to make it out to Seattle every other year for a few weeks. That means Bears, Sox, Blackhawks, Blues, Rams, Cardinals, […]
It’s amazing what happens when you take a few days off. I was going to try to blog about a couple recent news items, but the Lovely Mrs. Shabazz only allowed me to have twitter and Facebook privileges. But I did make it a point to keep up on the news and here are my […]
That’s the million, or more appropriately, $15 million question that I’m asking regarding the City of Indianapolis and the Indiana Pacers. I blogged last week that there was a potential short-term deal on the table. My sources weren’t 100% on the mark, but they were pretty darn close. Here’s what I know, the Capital Improvement […]
I’ve put down my martini, Cohiba and GQ magazine for a few minutes to comment on a few issues that have popped up this week Pacers Deal in the Works? My reliable sources are telling me the Indiana Pacers and the Capital Improvement Board could be close to reaching a short-term deal. The way I […]
If the Indiana Pacers wanted to break their contract with the Capital Improvement Board because of their failing financial health, they could do so. That’s according to CIB officials. However the Pacers would have to pay a penalty which could be used to conceivably keep Conseco Fieldhouse open for years. CIB Vice-President Pat Early has […]
When it comes to the blogosphere there are a lot of days when I think I’m the only person who can grasp the obvious. Luckily, today is not one of them. Former WXNT-AM producer and now current Indiana Libertarian Party Executive Director Chris Spangle penned a blog post this week basically telling the Capitol […]
As Indiana Governor Mitch Daniels’ team gets ready to unveil a plan to address the Capital Improvement Board funding shortfall, one of the biggest challenges the administration will face is selling the plan to outstate lawmakers. Lawmakers argue that the people who benefit from the facilities, should help pay for them. I agree because the […]
With a couple weeks of no session, there was still quite a bit of good gossip, rumor and plain old fashion political innuendo running around town this past week. So without further adieu… House Ways and Means Chairman Bill Crawford and Speaker Pat Bauer apparently aren’t on the best of speaking terms these days. Crawford […]
With $30 million down, state and local officials are looking to close a $17 million funding source gap for the Capital Improvement Board. With things still fluid behind the scenes, no one was willing to go on the record, however talks have centered as of late on how to close $17 million of the $47 […]
