Petition 2025 (01991378x7AF06).pdf
1333 Eight Mile Venture LLC, Petitioner Vs. City Of Ferndale, Respondent · 25-001865-TT
Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.
Page 1
1 STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN ADMINISTRATIVE HEARING SYSTEM MICHIGAN TAX TRIBUNAL 1333 Eight Mile Venture LLC, Docket No. 25- Petitioner, Parcel Nos. 24-25-35-459-002 24-25-35-459-009 v. City of Ferndale, Respondent. Jerome P. Pesick (P29039) Jason C. Long (P59244) WILLIAMS, WILLIAMS, RATTNER & PLUNKETT, PC 380 N. Old Woodward Ave., Ste. 300 Birmingham, MI 48009 (248) 642-0333 Attorneys for Petitioner Entire Tribunal Property Tax Petition Petitioner 1333 Eight Mile Venture LLC, by and through its attorneys, Williams, Williams, Rattner & Plunkett, PC, states as follows for its Entire Tribunal Property Tax Petition. The Parties 1. Petitioner 1333 Eight Mile Venture LLC is a Michigan limited liability company with its principal place of business in Michigan located at 21100 Coolidge Highway, Oak Park, Michigan 48237.
Page 2
2 2. Respondent the City of Ferndale is a Michigan city with its principal offices located at 300 E 9 Mile Rd, Ferndale, Michigan 48220. The Subject Property 3. Petitioner owns two (2) contiguous parcels identified as follows (the “Subject Property”): Parcel ID Commonly Known As 24-25-35-459-002 E Bennett, Ferndale, Michigan 48220 24-25-35-459-009 1333 E 8 Mile Rd # 1377, Ferndale, Michigan 48220 4. The Subject Property is located in Oakland County and is within the Hazel Park City Schools District. 5. Respondent possesses jurisdiction to assess and collect property taxes for the Subject Property. The 2025 Assessment 6. For the 2025 tax year, Respondent classified the Subject Property as industrial real property. 7. For the 2025 tax year, Respondent established the Subject Property’s assessment for property taxes as follows: Parcel ID True Cash Value Assessed Value Taxable Value 24-25-35-459-002 31,960 15,980 10,030 24-25-35-459-009 502,800 251,400 142,200 8. Petitioner contends that a lawful assessment of the Subject Property for the 2025 tax year cannot exceed the following amounts: Parcel ID True Cash Value Assessed Value Taxable Value 24-25-35-459-002 10,000 5,000 5,000 24-25-35-459-009 90,000 45,000 45,000
Page 3
3 9. The amounts in dispute therefore are as follows: Parcel ID True Cash Value Assessed Value Taxable Value 24-25-35-459-002 21,960 10,980 5,030 24-25-35-459-009 412,800 206,400 97,200 10. This Petition presents issues involving the Subject Property’s valuation for assessment purposes. Petitioner does not believe that this Petition presents any issues arising out of “additions” or “losses” as the General Property Tax Act, MCL 211.1 et seq. (the “GPTA”), defines those terms, but reserves its right to assert issues involving losses should information supporting such issues become available. 11. The Subject Property’s 2025 assessment (a) violates the Michigan Constitution, the GPTA, and other Michigan law, (b) is based on erroneous principles and information, (c) is based on the misapplication of valuation principles, and (d) otherwise violates Petitioner’s rights. 12. Petitioner does not assert that the Subject Property’s 2025 assessment is not uniform aside from the lack of uniformity resulting from Respondent overestimating the Subject Property’s values. Conclusion and Request for Relief WHEREFORE, Petitioner respectfully requests that this honorable Tribunal enter judgment revising the Subject Property’s 2025 assessment to be consistent with the values set forth in Paragraph 8 of this Petition and granting Petitioner all other relief to which it is entitled under Michigan law.
Page 4
4 Respectfully Submitted, WILLIAMS, WILLIAMS, RATTNER & PLUNKETT, PC By: /s/ Jerome P. Pesick Jerome P. Pesick (P29039) Dated: May 30, 2025 Attorneys for Petitioner