01.07.2024DRAFT - MARICOPA COUNTY-TAX CONCURRENCE FUNKO LETTER 1-22-24 FINAL.DOCX
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February 7, 2024 Mr. Andrew McGilvray Executive - Secretary Foreign-Trade Zones Board U.S. Department of Commerce 1401 Constitution Avenue, NW, Room 21013 Washington, DC 20230 Re: FUNKO, LLC 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 provides ‘no objection’ to the proposed Foreign-Trade Zone (FTZ) for FUNKO, LLC located at 2600 S. Miller Road, Buckeye, AZ 85326 parcels 504-26-008M, within Foreign- Trade Zone 277. In particular, we understand the FTZ designation and resulting property tax implications of such designation. FUNKO, LLC 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 FTZ. As indicated at the outset, we do not object to the FTZ designation and proposed property tax reclassification contemplated herein. Sincerely, Chairman Jack Sellers Board of Supervisors Maricopa County