MARICOPA COUNTY-TAX CONCURRENCE LETTER NIKOLA.DOCX

Date
Mr. Andrew McGilvray
Executive Secretary
Foreign Trade Zones Board
U.S. Department of Commerce
1401 Constitution Avenue, NW Room 2111
Washington, D.C. 20230
Re: NIKOLA Property Tax Re-Classification 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 of Nikola to be
located on or at 4141 East Broadway Road, Phoenix, AZ 85040 (Parcel Numbers 123-01-001D 1) within
Foreign Trade Zone 75.
In particular, we understand the resulting tax implications in reclassifying for property tax purposes all of
Nikola’s future real and personal property located at each of the five sites referenced above from Class 1
with a tax assessment ratio of 18% to Class 6 with a tax assessment ratio of 5%. As indicated at the outset,
we do not object to the proposed property tax reclassification contemplated herein.
Sincerely,
Chairman Bill Gates
Board of Supervisors
Maricopa County