January 26, 2015

Angie's List Wants Indianapolis Taxpayer Money For Expansion

A rendering of the planned Angie's List campus expansion. The company also plans to add 1,000 jobs by 2019. -  Angie's List

A rendering of the planned Angie's List campus expansion. The company also plans to add 1,000 jobs by 2019.

Angie's List

INDIANAPOLIS (AP) — The consumer review service Angie's List wants Indianapolis taxpayers to spend up to $18.3 million to help boost its expansion plans in the city.

The Indianapolis Star reports Angie's List promises to spend $40 million on the expansion that it says would add 1,000 new jobs and shift 800 more workers to its near east side headquarters.

Indianapolis would in return spend $2 million on streets and infrastructure, and up to $16.3 million in tax-increment financing funds to build a parking garage and move a school warehouse from an old Ford assembly plant that's part of the company's expansion plans.

A City-County Council panel was scheduled to consider the request Monday evening to invest taxpayer money in the company, which has turned only one quarterly profit in 20 years.

 

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