FINAL - MARICOPA COUNTY-TAX CONCURRENCE LETTER 04072023.DOCX
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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