Hillsdale Capital Management MTT Petition 2026 Tax Year(202623514.1).pdf
Hillsdale Capital Management LLC Petitioner Vs. City Of Hillsdale Respondent · 26-001221-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MICHIGAN ADMINISTRATIVE HEARING SYSTEM MICHIGAN TAX TRIBUNAL HILLSDALE CAPITAL MANAGEMENT LLC, Petitioner, v CITY OF HILLSDALE, Respondent. MTT DOCKET NO. 26-_________ PPNs: 30-006-222-101-01 & 30-006-015-300-07 Thomas K. Dillon (P81136) FOSTER, SWIFT, COLLINS & SMITH, P.C. Attorneys for Petitioner 1700 East Beltline, N.E., Suite 200 Grand Rapids, MI 49525 (616) 726-2258 tdillon@fosterswift.com PROPERTY TAX PETITION (Entire Tribunal, 2026 Tax Year) Petitioner, by and through its attorneys, Foster Swift Collins & Smith, P.C., for its Entire Tribunal Property Tax Petition, states as follows: 1. Property Parcel Nos.: 30-006-222-101-01 & 30-006-015-300-07. 2. The property identified above is Real Property. 3. If more than one parcel of real property is under appeal, are the properties contiguous? Yes. 4. Are all of the parcels of personal property located on a parcel of real property under appeal? N/A.
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5. If parcels of personal property are under appeal, when were the personal property statements filed by parcel number (attach additional page if necessary): N/A. 6. The property identified above is classified as: 201 Commercial Improved and 202 Commercial Vacant. 7. If the assessment or assessments at issue were protested, the protest was made to Respondent’s _X_ March __ July __ December Board of Review. 8. If a protest was required and no protest was made, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the assessment or assessments at issue (attach additional page if necessary): Protest was made to Respondent’s March Board of Review. 9. If the appeal was not submitted by the deadline for the filing of an appeal for the classification or classifications of the properties at issue (i.e. May 31 or July 31 of the tax year involved), list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the assessment or assessments at issue (attach additional page if necessary): N/A. 10. The property or properties at issue are located in Hillsdale County. The property’s address is: 501 W Carleton Rd & 3003 W. Carleton Rd., Hillsdale, MI 48242. 11. The assessment or assessments at issue were established by the: City of Hillsdale. 12. Petitioner’s legal residence or principal office address is: 195 W. Bacon St., Hillsdale, MI 49242. 13. This appeal involves issues relating to: a. The property’s true cash and taxable values; and b. The uniformity of the property’s assessment. 14. The tax year(s) at issue are: 2026.
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15. If more than the current tax year is being appealed, list the separate and specific facts upon which the Petitioner relies to invoke the Tribunal’s authority over the prior tax year or years (attach additional page if necessary): N/A. 16. The values for the property identified above as established by Respondent’s Board of Review are: Tax Year Parcel No. True Cash Value State Equalized Value Taxable Value 2026 30-006-222-101-01 $1,265,000 $632,500 $568,547 2026 30-006-015-300-07 $249,600 $124,800 $124,800 17. Petitioner contends that the values for the property identified above are: Tax Year Parcel No. True Cash Value State Equalized Value Taxable Value 2026 30-006-222-101-01 $850,000 $425,000 $425,000 2026 30-006-015-300-07 $150,000 $75,000 $75,000 18. The values in dispute for the property identified above are: Tax Year Parcel No. True Cash Value State Equalized Value Taxable Value 2026 30-006-222-101-01 $415,000 $207,500 $143,547 2026 30-006-015-300-07 $99,600 $49,800 $49,800 19. Petitioner relies upon the following to support the relief requested: The 2026 values imposed on Petitioner’s property, and the taxes to be levied and collected thereon, are invalid and unlawful and operate as fraud upon the taxpayer for the reasons that:
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a. The assessed, state equalized and/or taxable values exceed the amounts permitted by the Michigan Constitution and applicable statutes; b. The assessed, state equalized and/or taxable values are at higher percentages of true cash value than permissible under the Michigan Constitution and applicable statutes; c. The assessed, state equalized and/or taxable values are based upon an erroneous determination of the true cash value of that portion of Petitioner’s property that is taxable under Michigan law and are based upon the application of wrong principles; and d. The assessed, state equalized and/or taxable values, and the mode of assessment adopted by Respondent, discriminate against Petitioner and deny Petitioner its constitutional rights of uniformity, equal protection and due process of law. WHEREFORE, Petitioner respectfully requests that this Tribunal enter an order reducing the 2026 values from those established by Respondent’s Board of Review to those contended by Petitioner, and order refunds attributable to the reductions, with interest, as provided by the Tax Tribunal Act. Respectfully submitted, FOSTER SWIFT COLLINS & SMITH, PC Attorneys for Petitioner Dated: May 21, 2026 By: ___________________________________ Thomas K. Dillon (P81136) 1700 E. Beltline Ave. NE, Suite 200 Grand Rapids, MI 49525 (616) 726-2258 Filing Fee: $425 90679:00001:202623514-1