Balcor Co.

Tenants of the former Union Station festival marketplace filed a lawsuit against its private owner for allegedly mishandling maintenance fund money. The suit claimed Balcor misused $350,000 in tenant money set aside for replacement of 200 heat pumps that heated and cooled the tenant spaces in the station. Balcor has agreed to pay an $845,000 settlement to the 20 tenants. (Mar-16-06) [INDIANAPOLIS STAR]

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