FTZ REI.PDF

Maricopa County — Formal (2016-03-09)

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Western Coalition
Application to Maricopa County for Support of VIZ User Driven Site for Recreational Equipment,
Inc (REI)
Please accept this application for a non-objection letter from Maricopa County for REI as a Zone User in FTZ
No, 277 in the City of Goodyear.
Name of VIZ Applicant Recreational Equipment, Inc. (REI)
Name, Telephone Number, Address of Contact Bill Best
Person Divisional Vice President, Supply Chain Operations
6750 S. 228°) Street
Kent, WA 98032
Direct: 253-891-2555
Address of Proposed Frz Location and RH is currently under construction at the PV303 Industrial Park
Designation of VIZ No 277 at the SW Corner of the Loop 303 and Came!back Road. Address
will be:
4877 N. Cotton Lane
Goodyear, AZ 85395
Detailed Company Overview • REI is a national retailer who imports products for
distribution here in the U.S. and globally, Facility in
Goodyear will be an Omni Channel 21'1 Century
distribution and Internet fulfillment facility.
• REI is headquartered in Seattle, Washington with stores
throughout the U.S.
• REI has been on the FORTUNE magazine "100 Best
Companies to Work for" since the magazine started this
recognition in 1998.
Description of Business Activity to Occur within Sale and distribute product throughout the Western U.S,
Zone
Project Scope 439,532 square feet, new build
Operational Use Distribution of product to western U.S. stores and intemet
fulfillment sales,
Capital Investment (Real and Personal • Real Property: $24.2 million
Property) • Personal Property: $44.5 million
Total Jobs Created 125-150 jobs
Average Wage of New Employees $35,000 annually
Public Benefit of New Subzone • New tax revenue
• New employer to West Maricopa County/Goodyear
• New construction
Estimated Start Date for Operations within January 2016
Zone
Estimated / Actual Assessed Valuations for There are two parcels under consideration with regard to this
Zone's Real and Personal Property project, and some additional acreage that is City right of way for
planned interior roads that will abandoned. The parcels are in
the PV303 Business Park, The following is a breakdown of the
net new revenue that would result from REI's investment as a
result of the real property investment and investment in

Western Maricopa Coalition
equipment, based on 2014 assessed value (both primary and
secondary).*
PV303 Business Park — Taxes Collected Today Per 2014
Tax Bill
• 501-02-357-6: $30,783
• 501-02-355-1: $29,658
Total Current Property Tax Revenues $60,441
PV303 Business Park-Estimated Taxes Yr.1 of Full
Assessments on Parcels 501-02-357-6 & 501-02-355-1
Estimated Taxes from Equipment $315,042
Estimated Taxes from Real Property $189,393
Total Estimated Tax Revenues $504,435
Notes: Estimated tax revenues Include all taxing jurisdictions
and assumes 1-1/ benefit. Analysis does not include additional
tax revenues from Arizona end user Internet fulfillment sales,
None
Evidence of Additional Concurrence Letters and Find attached letters and documents:
1. City of Goodyear (required)
Economic Impact 2. Maricopa County (preliminary)
3, Agua Fria Union High School District (provided)
4, Litchfield Elementary School District (provided)
S. Economic Impact Study
6. Job Creation Agreement
7. Site Plan