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Nisqually Tribe reaches agreement for newly acquired trust site

Filed Under: Business | Trust
More on: economic development, immunity, land-into-trust, nisqually, taxation, washington

The Nisqually Tribe of Washington has reached an agreement with the city of Lakewood for a newly acquired parcel of trust land.

The tribe will pay $18,000 annually for police and fire services and $754 a year for collection of stormwater, The Tacoma News-Tribune reported. The agreement includes a waiver of sovereign immunity.

The tribe plans to open a convenience store and gas station on the site. The business is expected to generate $14.5 million a year.

Get the Story:
Lakewood, Nisquallys ink agreement on tribal business (The Tacoma News Tribune 10/2)

Related Stories:
Nisqually Tribe looking to open gas station on newly acquired site (8/2)

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