Local News

News > Local News > CIB Approves $5 Million for IUPUI Swim Center

CIB Approves $5 Million for IUPUI Swim Center

The Capital Improvement Board has approved $5 million in capital funding for the IUPUI Natatorium.

The vote was five to two Monday.  Indianapolis City Councilwoman Maggie Lewis voted against the funding saying the city has already given IUPUI $10 million.  However, Indiana Sports Corporation President Allison Melangton says that money went toward other upgrades on the IU campus and not the natatorium.  Melangton says the natatorium is a critical tourism tool and the money is needed for upgrades.  Melangton says in the past five years, the natatorium has lost at least ten events due to concerns about the facility.  She says the CIB money will go into a reserve maintenance fund that the Indiana Sports Corp will manage.

CIB head Ann Lathrop says the funding will be spread out in $500,000 installments over ten years.  Installments begin this year. This comes after the City of Indianapolis, IU and the Lilly Endowment agreed to a $30 million renovation for the facility.  
 

Local News

The mayors of Indiana's largest cities cruised to victory in Tuesday's primary, but some smaller-town mayors got...
Republican mayoral nominee Chuck Brewer (WIBC.com file photo) As expected, it'll be Joe Hogsett versus Chuck...
It's four more years for Carmel Mayor Jim Brainard. Brainard handily defeated Republican primary challenger Rick...
A woman could be charged with drunk driving after police say fired his gun at her car because the car almost ran...
In addition to mayoral and council races, a total of 18 tax increases are on ballots across Indiana today. Almost...