Consent Judgement - Drake Pointe 8-24-25.pdf
Friedman Real Estate Management, Petitioner Vs. City Of Farmington Hills, Respondent · 25-001671-TT
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STN, = ae STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON |. BROWN, DPA GOVERNOR LANSING DIRECTOR Friedman Real Estate Management Company | Petitioner(s) v CITY OF FARMINGTON HILLS Respondent(s) MICHIGAN TAX TRIBUNAL MTT Docket No.25-001671 STIPULATION FOR ENTRY OF CONSENT JUDGMENT (VALUATION) 1. The subject property is in Oakland County. 2. Parcel Number: 22-23-16-101-006 . (If more than one parcel is at issue, attach a completed Multiple Parcel Stipulation Form addressing all other parcels at issue.) 3. The values for the property identified above as established by Respondent's Board of Review are: Tax year Assessed Value (AV) Taxable Value (TV) 2025 $2,918,250 $2,918,250 4. The values for the property identified above as stipulated by the parties for settlement purposes are: Tax year True Cash Value AV Tv 2025 $5,000,000 $2,500,000 $2,500,000 5. If the stipulated TV does not equal the prior year TV multiplied by the applicable inflation rate multiplier, explain why (e.g., transfer of ownership, additions, losses, omitted property etc.) 6. List any special terms or conditions being proposed by the parties that would affect the execution of a Consent Judgment including, but not limited to, the joint payment of the refund, the waiver of interest, etc. (attach additional page if necessary): Petitioner hereby waives interest attributable to the reduction for all taxing authorities MICHIGAN TAX TRIBUNAL * 611 W. OTTAWA ST., LANSING, MI 48933 * 517-335-9760 , PO BOX 30232, LANSING, MI 48909 - Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906
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MTT Docket No. 25-001671 Page 2 of 2 NOTE: The Stipulation MUST include ALL parcels and ALL tax years included in the appeal (including subsequent tax years on or after April 1 of each year for appeals pending in the Small Claims Division). The parties may agree, however, to withdraw the appeal of specific parcels and/or tax year(s). IF APPLICABLE, complete the following section(s). Otherwise, LEAVE BLANK. 7. The parties agree to the withdrawal of parcel number: (If more than one parcel is being withdrawn, attach a separate page addressing all other parcels being withdrawn.) 8. The parties agree to the withdrawal of tax year(s) Signature of P; itioner's orized Representative or, if none, Petitioner: Printed No adn pau Wolfe, Petitioner's Authorized Representative Date: 8-22-25 Signature of Respondent's authorized representative: tes dl. Weller Printed Name: Debra A. We line Date: _§-24-25