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Podcast: The IBJ Podcast with Mason King
Episode: Why the Indy CIB will ask the Legislature for millions of dollars
Description: The quasi-governmental group that owns the Indiana Convention Center and Indy's major sports facilities will ask the Legislature for at least $8 million in additional funding annually as it tries to plan for its future needs.
Already, the Capital Improvement Board has plans for a $120 million expansion of the Indiana Convention Center, a project that includes two private, convention-style hotels at Pan Am Plaza.Â
But the CIB will also be looking for the long-term funding it will need to upgrade Bankers Life Fieldhouse for the Indiana Pacers, which owner Herb Simon has said is necessary to s...