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Chandler council hears presentation on Avnet foreign-trade-zone subzone; staff says no direct city tax impact
Summary
Economic development staff briefed the Chandler City Council on an Avnet foreign-trade-zone (FTZ) subzone application for the company’s Morelos Place site, outlining benefits for import/export cash flow and clarifying that property tax reclassification would require separate city and taxing-entity approvals.
Economic development staff on Feb. 2 told the Chandler City Council that a proposed foreign-trade-zone subzone for Avnet’s Morelos Place facility would give the company federal import-export advantages without creating a direct tax liability for the city.
Micah Miranda, presenting the study-session briefing, explained that foreign-trade zones are administered through U.S. Customs and Border Protection and can offer duty deferral, duty exemption and other cash‑flow benefits for goods processed inside an FTZ. Miranda said the city partners with the City of Phoenix, which serves as the FTZ…
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