Johnson County business news: Oct. 19

Johnson County Economic Outlook Breakfast

An economic outlook signature event by Aspire Johnson County will be held Nov. 7 from 8:30 to 10:30 a.m. and feature important facts, figures and forecasts that will be delivered by experts for business planning.

Local economist, Dr. Phil Powell from Indiana University, along with a panel of industry experts, will give us the “state of” the Johnson County economy, share how it is trending, and forecast what the coming year has it store. The panelists for the event are to be determined.

Pre-registration for this event by 5 p.m. Oct. 30. Pricing for Aspire members is $45 and non-members $55. It will be held at The Sycamore at Mallow Run, 7070 W. Whiteland Road, Bargersville.

Greenwood selects new financial software provider

DebtBook, a leading provider of software for government and nonprofit treasury and accounting teams, announced that the City of Greenwood, has selected the firm’s Debt Management solution to modernize its debt data management and reporting, along with the firm’s Lease and Subscription Management solutions to streamline GASB 87 and 96 compliance.

Using DebtBook as its centralized debt management platform, the City of Greenwood will enable organization-wide knowledge capture and increase operational efficiencies. With DebtBook, the City will be able to track debt schedules, issuance details, and historical changes, including refundings. DebtBook will also allow the City to actively manage its continuing disclosure obligations, prepare year-end financial disclosures, store documents, and more. Utilizing DebtBook’s Lease and Subscription Management solutions will help the City of Greenwood automate ongoing GASB 87 and GASB 96 compliance and share information seamlessly with internal teams and external stakeholders.

438-unit Greenwood apartment complex sold

CBRE has arranged the sale of Westminster, a 438-unit multifamily property in Greenwood. Monarch purchased the property from Van Rooy Properties for an undisclosed amount.

Westminster is located at the intersection of County Line Road and U.S. Highway 31 at 921 Parliament Place. The property is near Greenwood’s primary retail hub, which includes the Greenwood Park Mall and it’s adjacent to Community Hospital South, a major employer in the region. The residence features an all-brick exterior with a mix of townhomes and flats, offering one-, two-, and three-bedroom layouts averaging 918 square feet.

The property was built in 1971 and has undergone extensive renovations totaling nearly $20 million since 2014, including upgrades to all unit finishes, the installation of in-unit washers and dryers, new roofing, the installation of a resort-style swimming pool and modernization upgrades to its clubhouse.

Duke Energy supports first responder agencies with grants

First responders statewide, including local police, fire and emergency management agencies in central and eastern Indiana, will benefit from grants from the Duke Energy Foundation. The funding, which totals nearly $215,000 for organizations across the state, will help public safety agencies increase their response capabilities during severe weather and other emergencies through advanced preparation, planning, equipment and training.

During major emergencies and natural disasters, local emergency management agencies play a critical role in providing information, resources and support that Duke Energy relies on to speed power restoration for its customers.

In central and eastern Indiana, Duke Energy Foundation shareholder-funded grants were awarded to the following organizations:

Johnson County – $4,000 for emergency preparedness pamphlets that the EMA will hand out to citizens during special events and speaking engagements.

New Whiteland – $3,282 for the fire department to purchase a fire ballistic vest, which is used when responding to calls such as those involving an active shooter.

The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.