Vivint returns $150,000 to Greater Spokane Inc.

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by SHAWN CHITNIS & KREM.com

KREM.com

Posted on July 16, 2014 at 5:57 PM

Updated Wednesday, Jul 16 at 6:17 PM

LIBERTY LAKE, Wash.--Vivint, a home security company with offices in Liberty Lake, announced that it plans to return $150,000 to Greater Spokane Inc. in the wake of their local offices closing. The money will go back to Washington.

Vivint announced it was leaving the region in spring of 2014.. In July, the company had agreed to pay back the money it received from Washington to set up in the Inland Northwest.

Vivint received $150,000 to move to Liberty Lake. The company moved into the offices in Liberty Lake in 2013, promising to bring 400 jobs to the region. The company said it was moving out less than one year later.

WATCH: Vivint managers looking to hire 400 in Liberty Lake

Greater Spokane Incorporated applied to get $150,000 to help the company move to the Inland Northwest. Greater Spokane Incorporated raised just under $1 million to help convince seven businesses to move to or expand in the Inland Northwest. The organization said tens of millions of dollars had come to the area in return with new jobs and construction projects.

"The reasoning for Vivint leaving is still kind of a mystery for us,” said Kevin Dudley with Greater Spokane Incorporated.

READ: Vivint closure in Liberty Lake 'highly unusual'

Greater Spokane Incorporated staff appreciated that Vivint acted in good faith and returned the money. The funding came from lottery jackpots that never are claimed by winners. It was separate from taxpayer money.

Vivint said it was not legally required to give the money back. The company also said that it had an economic impact of $13.4 million while it was in Liberty Lake.
 

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