The Indianapolis Star from Indianapolis, Indiana • Page A3

INDY STAR E2 2015 3A METRO The state is paying $71million to inv estment bank Goldman Sachs to allow refinancing of risky debt on Lucas Oil Stadium. Dan Huge, chief financial officer of the Indiana Finance Authority, said the $71million will be offset by more favor- able, fixed terms for $296 million in debt the stadium. The payment to Goldman i included in the new financing. ucas Oil Stadium opened in 2008 at a ost of $720 million, including at least $620 million from taxpayers. Huge said the cost of the debt principal and interest on the refinanced bonds is almost the same level as it was prior to doing this refinancing and making the termination he previous debt involved ate a type of financial deriva- ive that has been widely criticized as an i nappropriate gamble with public money.

Princeton economics professor Uwe Reinhardt said the situation a big disaster, but it could have means I got my (butt) in a sling and now I have to get out of he said. Sometimes you have to pay the arsonist prevent a worse A separate bond issuewill be used in art to pay Goldman Sachs $34.7 million to exit an interest rate swap deal for the Indiana Convention Center. Goldman Sachs spokesman Michael $71M TO REFINANCE RISKY STADIUM DEBT Mark Alesia mark.alesia@indystar.com The small Battle of Fort Sackville is ostly lost in the broader lore of the A merican Revolution, but the 1779 skirmish on the banks of the Wabash River elped set the stage for something much larger: the western expansion of the then-new nation. The little-known battle, which helped ement frontiersman George Rogers reputation as the of he Old Northwest is commemorated year-round at the George Rogers Clark National Historical Park. And every Memorial Day weekend, hun- reds of re-enactors descend on the battle site and an adjacent park for the an- ual Spirit of Vincennes Rendezvous.

rendezvous is an outgrowth of the bicentennial in 1976 and officially began in said Frank Doughman, sup erintendent of the national historical ark, located on 26 acres near downtown incennes. has grown substantially over the years and is now one of the biggest Revolutionary War events in the The weekend gathering will include evolutionary War-era battle Doughman said, but intend- to be a historical re-enactment of the actual Battle of Sackville, which took place in February. Mark Hill, spokesman for the Spirit of incennes the nonprofit group hich puts on the rendezvous, said re-en- a ctors depict life and warfare tactics from the period of 1730 to 1812, when Vincennes was a key frontier outpost and later capital of the Indiana Territory. They include American and British military groups, French settlers, and merchants and craftspeople from the period. take a lot of pride in the explained Hill, a Vincennes native and re-enactor.

is the second largest festival of its type in Indiana behind the Feast of Moon (in Tippecanoe County) and it is the largest with a battle Hill said organizers mix a bit of 21st century pop culture in with the historic events. Before the weekend ill dresses as a French gentleman and warms up the crowd with a history con- est offering a twist on the TV program You Smarter than a 5th In the Vincennes version, though, the knowledge bar is dropped to fourth grade the year Hoosier schoolchildren delve into Indiana history. Little known history Outside those who grew up in or around Knox County, most Hoosiers would likely be hard-pressed to correct- answer questions related to the Battle of Fort Sackville or the Revolutionary reach into what is now Indiana. ven Doughman, the superintendent of the National Park historical site, admits the story is a mostly forgotten part of Indiana and American history. But he said that diminish its istoric role.

It is a Revolutionary War site, which i unusual in the Midwest, just being Doughman said of the federal park link to revolution recalled Battle ofFort Sackville is remembered at annual Spirit fVincennes Rendezvous Tim Evans tim.evans@indystar.com JENNA STAR Concertgoers listen to O.A.R.’s performance near the Turn 4 Infield Stage on Friday afternoon. ROCKING OUT at the Speedway MATT STAR .38 Special plays a song during Carb Day concert. O.A.R. and Addiction also performed following the final practice for Indianapolis 500. See more hotos from and read David story about Carb Day concerts.

Race drivers today make money, live high and go to fancy places, like St. Elmo, the steak house Downtown. But years ago they made peanuts, ften lived hand-to-mouth and went to White Front Tavern, a sort of lodge for racing people a ew blocks east of Indianapolis Motor Turn 2. Each May, they went to the tavern at 3535 W. 16th St.

practically every night. Sometimes they acted the fool. The White Front opened in the 1930s just as Prohibition was rep ealed. The tavern was in an old ouse that was painted white (hence he name White Front) a few doors est of its latter-day location. Racers, cheap booze at White Front Will Higgins will.higgins@indystar.com PHOTO PROVIDED BY NICK MATES George Mates (center) in White Front, 3535 W.

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