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Taxpayers' lament: Where's our mone?

Submitted by lpin on Wed, 08/13/2008 - 09:49 |

Andrea Neal is a middle school teacher and adjunct scholar with the Indiana Policy Review Foundation. Contact her at aneal@inpolicy.org.

INDIANAPOLIS, IN -- If you want to know what's happening to tax dollars in Marion County, you may have to file a lawsuit. That's what citizens have had to do in the case of the sale of Pan Am Plaza, a prime piece of Downtown real estate for which taxpayers should have received $6 million.

The operative word is "should." For reasons that are not very clear -- but should be exposed over the course of the litigation -- the powers that be decided that the Indiana Sports Corp. need not honor a 1985 agreement that required it to maintain an 88,000-square-foot plaza as public space or else pay the city $3 million plus inflation for it.

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