Tacoma Loses College Bid Over Financial Incentives
Despite preferring Tacoma as a location, trustees of the Swedish Lutheran college chose Everett due to a superior $10,000 bonus offer.
Everett has offered a site and a bonus of $10,000 to the trustees of the Swedish Lutheran college as an inducement to them to locate the school in that city. Tacoma was favored by a majority of the trustees as a location for the school, but they are compelled to go where the best inducements are offered.
“Tacoma was favored by a majority of the trustees as a location for the school, but they are compelled to go where the best inducements are offered.”
The practice of towns outbidding one another for institutions, stadiums, or corporate headquarters remains a staple of regional competition in Washington State, often pitting local preference against economic leverage.
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