MVP Detroit Center Garage LLC - City of Detroit 25-002082 Stipulation 10-23-2025 - Fully Executed.pdf
Mvp Detroit Center Garage LLC, Petitioner Vs. City Of Detroit, Respondent · 25-002082-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL MVP Detroit Center Garage, LLC Petitioner, v City of Detroit, Respondent. Michelle (Mikki) M. Silvey (P69494) Derik Edwards DuCharme, McMillen & Associates, Inc. Representatives for Petitioner 9229 Delegates Row, Suite 375 Indianapolis, IN 46240 (317) 596-3260, ext. 2404 (917) 488-7825 dedwards@dmainc.com msilvey@dmainc.com / MTT Docket No. 25-002082-TT Parcel No(s). 01000004.002L Kevin C. Richard (P43417) Senior Assistant Corporation Counsel City of Detroit Law Department Attorneys for Respondent 2 Woodward Avenue, Suite 500 Detroit, MI 48226 (313) 237-3061 richkc@detroitmi.gov STIPULATION FOR ENTRY OF CONSENT JUDGMENT IN THE FULL TRIBUNAL 1. This case is pending in the Entire Tribunal. 2. The subject property is in Wayne County. 3. The values for the property at issue in this appeal as established by Respondents Board of Review are: Tax Parcel(s) True Cash Assessed Taxable Year Value Value Value 2025 01000004.002L $21,810,200 $10,905,100 $10,284,225 settlement purposes are: 4. The values for the property at issue in this appeal as agreed upon by the parties for Tax Parcel(s) True Cash Assessed Taxable Year Value Value Value 2025 01000004.002L $21,810,200 $10,905,100 $9,794,500
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5. This stipulation addresses only the 2025 tax year. 6. The 2025 revised taxable values is calculated by taking the revised taxable value as stipulated in Docket No. 24-002031 and increasing it by the 2025 inflation factor increase as follows: $9,500,000 x 1.031 = $9,794,500. 7. Refunds (as warranted) should be made payable to “MVP Detroit Center Garage, LLC” and mailed to the attention of: MVP Detroit Center Garage, LLC c/o Mikki Silvey 9229 Delegates Row, Suite 375 Indianapolis, IN 46240 8. No interest shall be paid on any refunds due, and the Taxing Entities have 90-days from the date of entry of the Consent Judgment to pay any refunds due. Respectfully submitted, Micka ((o Yo) Revi foto Michelle (Mikki) M. Silvey (P69494) Kevin C. Richard (P43417) DuCharme, McMillen & Associates, Inc. City of Detroit Law Department Representatives for Petitioner Attorneys for Respondent October 23, 2025 January 20, 2026 \ i IN No Alvin Horhn City of Detroit Deputy CFO/Assessor January 2] 2026 Page 2 of 2 MTT Docket No. 25-002082 Stipulation for Entry of Consent Judgment PIN: 01000004.002L