Full record / HNB - Traverse City 25-002093 Stip for Entry of Consent Judgment 3-26-2026 Fully Executed.pdf

HNB - Traverse City 25-002093 Stip for Entry of Consent Judgment 3-26-2026 Fully Executed.pdf

The Huntington National Bank, Petitioner Vs. City Of Traverse City, Respondent · 25-002093-TT

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Page 1

STATE OF MICHIGAN 

DEPARTMENT OF LICENSING & REGULATORY AFFAIRS 

MICHIGAN TAX TRIBUNAL 

 

The Huntington National Bank, 

 

 

MTT Docket No. 25-002093-TT 

 

 

Petitioner, 

 

 

 

 

Parcel No(s). 28-51-786-030-10 

 

 

 

 

 

 

 

 

 

28-51-786-030-00 

v 

 

City of Traverse City, 

 

 

Respondent. 

______________________________/ 

 

Michelle (Mikki) M. Silvey (P69494) 

Alex Morse 

DuCharme, McMillen & Associates, Inc. 

Representatives for Petitioner 

9229 Delegates Row, Suite 375 

Indianapolis, IN 46240 

(917) 488-7825 (mobile) 

(317) 689-6467 (office) 

msilvey@dmainc.com 

amorse@dmainc.com 

 

Stephanie Simon Morita (P53864) 

 

Jeremy J. Romer (P77287) 

Matthew C. Wayne (P80542) 

Rosati, Schultz, Joppich & Amtsbuechler, PC 

Attorneys for Respondent 

27555 Executive Drive 

Suite 250 

Farmington Hills, MI 48331-3550 

(248) 489-4100 

smorita@rsjalaw.com 

jromer@ rsjalaw.com 

mwayne@ rsjalaw.com 

 

______________________________/ 

 

 

STIPULATION FOR ENTRY OF CONSENT JUDGMENT IN THE FULL TRIBUNAL 

 

1. This case is pending in the Entire Tribunal. 

2. The subject property is located in Grand Traverse County. 

3. The values for the property at issue in this appeal as established by Respondent’s 

Board of Review are: 

 

Tax 

Year 

Parcel(s) 

True Cash 

Value 

Assessed 

Value 

Taxable 

Value 

2025 

28-51-786-030-10 

$3,615,600 

$1,807,800 

$1,301,041 

2025 

28-51-786-030-00 

$337,200 

$168,600 

$148,825

Page 2

Page 2 of 2 

MTT Docket No. 25-002093 

Stipulation for Entry of Consent Judgment 

PINS: 28-51-786-030-10/28-51-786-030-00 

4. The values for the property at issue in this appeal as agreed upon by the parties for

settlement purposes are:

Tax 

Year 

Parcel(s) 

True Cash 

Value 

Assessed 

Value 

Taxable 

Value 

2025 

28-51-786-030-10

$3,206,100 

$1,603,050 

$1,301,041 

2025 

28-51-786-030-00

$337,200 

$168,600 

$148,825 

5. This stipulation addresses the 2025 tax year only.

6. Refunds (as warranted) should be made payable to “The Huntington National Bank”

and mailed to the attention of:

The Huntington National Bank

c/o Mikki Silvey

9229 Delegates Row, Suite 375

Indianapolis, IN 46240

7.

Petitioner hereby waives interest attributable to the reduction for all taxing authorities.

The taxing entities have 60 days from the date of entry of the Consent Judgment to pay

any refunds due.

Respectfully submitted, 

______________________________ 

Michelle (Mikki) M. Silvey (P69494) 

DuCharme, McMillen & Associates, Inc. 

Representatives for Petitioner 

______________________________ 

Jeremy J. Romer (P77287) 

Rosati, Schultz, Joppich & Amtsbuechler, PC 

Attorneys for Respondent 

March 24, 2026 

March 26, 2026 

/s/ Jeremy J. Romer (w/permission-MS)

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