2026-10-02 1555 Wealthy stip.pdf
1555 Wealthy LLC Petitioner Vs. City Of Grand Rapids Respondent · 26-002622-TT
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1 STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN OFFICE OF ADMINISTRATIVE HEARINGS AND RULES MICHIGAN TAX TRIBUNAL 1555 WEALTHY LLC, Docket No. 26-002622 Petitioner, v. Parcel No. 41-14-29-485-030 CITY OF GRAND RAPIDS, Respondent. / Jon Aylsworth Property Tax Consultants Representative for Petitioner 861 Pinecrest Ave SE, Grand Rapids, MI 49506 (269) 366-0300 jack@skylinepropertytax.com Kendall R. O’Connor (P84036) Lee S. Schofield (P62748) City of Grand Rapids Law Department Attorneys for Respondent 300 Monroe, NW, Suite 620 Grand Rapids, MI 49503 (616) 456-3103 koconnor@grand-rapids.mi.us Lschofield@grand-rapids.mi.us / Stipulation for Entry of Consent Judgment 1. The parcel is located in Kent County. 2. The case is pending in the X Entire Tribunal OR __ Small Claims Division. 3. Property Parcel No: 41-14-29-485-030. 4. The values for the property identified above as established by Respondent’s Board of Review are: Tax Year True Cash Value Assessed Value Taxable Value 2026 $4,399,000 $2,199,500 $2,199,500
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2 5. The values for the property identified above as stipulated by the parties for settlement purposes are: Tax Year True Cash Value State Equalized Value Taxable Value 2026 $3,230,000 $1,615,000 $1,615,000 6. If stipulation addresses tax years other than the tax year originally appealed or tax years added through motions to amend that have been granted by the Tribunal, list the separate facts upon which the parties rely to invoke the Tribunal’s authority over those tax year or years: 7. List separately any special terms or conditions proposed by the parties that would affect the execution of this Consent Judgment including, but not limited to, the joint payment of the refund, the waiver of interest, etc.: Refund to be paid within 90 days to: 1555 Wealthy, LLC. Interest on any refund is waived. CITY OF GRAND RAPIDS, a Michigan municipal corporation Petitioner’s Representative By: __/s/ Jon Aylsworth (w/permission)__ By: _/s/ Lee S. Schofield___________ Jon Aylsworth Property Tax Consultants Representative for Petitioner 861 Pinecrest Ave SE, Grand Rapids, MI 49506 (269) 366-0300 jack@skylinepropertytax.com Lee S. Schofield (P62748) Assistant City Attorney Attorney for Respondent 300 Monroe Ave. NW, Suite 620 Grand Rapids, Michigan 49503 (313) 456-3103 LSchofield@grand-rapids.mi.us Dated: __2 Oct. 2026_____ Dated: ___2 Oct. 2026______