FINAL - MARICOPA COUNTY-TAX CONCURRENCE LETTER 04072023.DOCX

Maricopa County — Formal (2023-04-26)

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April 26, 2023
Mr. Andrew McGilvray
Executive - Secretary
Foreign-Trade Zones Board
U.S. Department of Commerce
1401 Constitution Avenue, NW, Room 21013
Washington, DC 20230
 
Re: KORE Power Request for FTZ Property Tax Concurrence “No Objection”
Dear Mr. McGilvray:
The undersigned being a duly authorized representative of Maricopa County does 
hereby acknowledge and approve of the proposed property tax reclassification of all 
future real and personal property for KORE Power to be located at SEC 85 & Baseline 
Rd, Buckeye, 85326 parcels 401-01-030C, 401-87-010A, 401-01-029D, 401-87-009C, 
within Foreign Trade Zone 277.
In particular, we understand the Foreign Trade Zone designation and resulting tax 
implications in reclassifying for property tax purposes.  KORE Power real and personal 
property located at the site referenced above is requesting to be eligible to receive 
the Class 6 assessment ratio of 5% in correspondence with the creation of their 
Foreign Trade Zone.  As indicated at the outset, we do not object to the FTZ 
designation and proposed property tax reclassification contemplated herein.
Sincerely,
Chairman Clint Hickman
Board of Supervisors
Maricopa County