HNB - Traverse City 25-002091 Stip for Entry of Consent Judgment 3-26-2026 Fully Executed.pdf
The Huntington National Bank, Petitioner Vs. City Of Traverse City, Respondent · 25-002091-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL The Huntington National Bank, MTT Docket No. 25-002091-TT Petitioner, Parcel No(s). 28-51-654-002-00 28-51-654-001-00 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 28-51-654-002-00 $1,486,200 $743,100 $380,532 2025 28-51-654-001-00 $431,200 $215,600 $178,302
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Page 2 of 2 MTT Docket No. 25-002091 Stipulation for Entry of Consent Judgment PINS: 28-51-654-002-00/28-51-654-001-00 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 28-51-654-002-00 $743,900 $371,950 $371,950 2025 28-51-654-001-00 $431,200 $215,600 $178,302 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)