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RESOLUTION NO. 5972 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHANDLER, ARIZONA, AUTHORIZING SUPPORT FOR A FOREIGN TRADE ZONE APPLICATION FOR AVNET, INC. FOR THE FACILITY LOCATED AT 6700 W. MORELOS PL.; AND AUTHORIZING AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF CHANDLER AND THE CITY OF PHOENIX IN SUPPORT OF SAME. WHEREAS, Avnet, Inc., is a leading distributor of electronic components and embedded solutions and operates a facility at 6700 W. Morelos Place in Chandler, Arizona (the “Site”); and WHEREAS, without receiving FTZ designation for its facility Avnet is put at a competitive disadvantage, which is detrimental to the economy of the City of Chandler, as well as the State of Arizona; and WHEREAS, the City of Chandler desires to support Avnet in applying for FTZ Operator status at the Site under FTZ No. 75, if Avnet agrees to not pursue reclassification of any real property at the Site to class six; and WHEREAS, Avnet is agreeable to such limitations on state tax treatment; and WHEREAS, the City of Phoenix has received a grant from the federal Foreign-Trade Zones Board to establish FTZ No. 75 and Chandler does not have any such grant of authority; and WHEREAS, Phoenix is willing to apply to the Foreign-Trade Zones Board on behalf of Avnet for the property at the Site to be established, operated, and maintained as a foreign-trade zone usage driven site. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chandler, Arizona, as follows: Section 1. Authorizing support for a FTZ application for the Avnet facility located at 6700 W. Morelos Pl., and authorizing the City Manager or designee to submit such documents or statements as may be necessary to establish Chandler’s support of Avnet’s application. Section 2. Authorizing the Mayor to execute an Intergovernmental Agreement between Chandler and Phoenix to memorialize the agreement of the two cities to work together to assist Avnet in its efforts to obtain FTZ Operator status for the Site, a copy of which is attached to this Resolution as Exhibit “A”. PASSED AND ADOPTED by the City Council of the City of Chandler, Arizona, this _____ day of February, 2026. Resolution 5972 Page 2 ATTEST: ___________________________ _________________________ CITY CLERK MAYOR CERTIFICATION I HEREBY CERTIFY that the above and foregoing Resolution No. 5972 was duly passed and adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the _____ day of February, 2026, and that a quorum was present thereat. ___________________________________ CITY CLERK APPROVED AS TO FORM: _____________________ CITY ATTORNEY Exhibit A Intergovernmental Agreement