And we've gotten kind of burned in the past when we've done it. One-company deals don't work. Instead of offering individual incentives, most local governments prefer to help companies considering moving here, as well as those that are already here, be more successful. That means adding improvements such as a highway interchange to make access to corporate offices easier, as well as removing barriers such as cumbersome procedures to get permits. The Colorado Legislature has embarked on a tax-simplification plan to consolidate the state's many, confusing tax codes.
Time is extremely important to a company.
Boeing's aggressive timetable shows it's in a big hurry to establish a new home. It's like a design-build deal, where you're drawing plans as you go. The Broomfield area, which is home to the posh, headquarters-heavy Interlocken office park, is on Boeing's short list of headquarters sites, according to real estate sources. The city of Broomfield doesn't have a laundry list of incentives to offer prospective newcomers to its market, preferring to address companies' individual desires. Broomfield wooed Level 3 away from Omaha in the late 1990s partly by putting some of the tax dollars the city gets from the telecommunications company back into infrastructure that helps it.