As part of Amkor Technology's application for Foreign Trade Zone status within Phoenix, Arizona Foreign Trade Zone #75 (FTZ #75), the FTZ #75 requests tax concurrence letters from each taxing jurisdiction. 

Because the City of Peoria City Council also convenes as the District Board for the Vistancia CFD, the City of Phoenix, FTZ #75, requests a tax concurrence letter to be approved by the District Board.  All tax concurrence letters are part of the FTZ application.

On February 20, 2024, the City of Peoria approved a Development Agreement with Amkor Technology Arizona for a Semiconductor Packaging and Testing Facility, located in the City of Peoria (“Amkor Facility”).

Section 4.2.6 of the approved Development Agreement with Amkor Technology Arizona specifically states the following: Upon Company’s request, the City will make reasonable efforts to assist and cooperate with Company throughout Company’s Foreign Trade Zone (“FTZ”) application process. City makes no representations or warranties, express, implied, statutory, or otherwise, concerning the impact or quality of any cooperation or assistance provided by City. Company will be the responsible party as to the Phoenix Foreign Trade Zone No. 75, FTZ process, and the entire FTZ program including concurrence letters.

A companion agreement to this resolution and the development agreement is an intergovernmental agreement between the City of Peoria, Arizona and the City of Phoenix, Arizona to establish Amkor Technology Arizona, Inc. within foreign trade zone.

Approve the Letter

Deny the Letter

Take no Action