Full record / Stip for Entry of CJ - Detroit Thermal (26-000744).pdf

Stip for Entry of CJ - Detroit Thermal (26-000744).pdf

Detroit Thermal, LLC Petitioner Vs. City Of Detroit Respondent · 26-000744-TT

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Page 1

STATE OF MICHIGAN 

DEPARTMENT OF LICENSING & REGULATORY AFFAIRS 

MICHIGAN TAX TRIBUNAL 

 

Detroit Thermal, LLC, 

 

 

Petitioner, 

 

v 

MTT Docket No. 26-000744 

 

Parcel No. 25990320.15 

 

City of Detroit, 

 

 

Respondent. 

_____________________________/ 

 

Stipulation for Entry of Consent Judgment 

 

1. 

The parcel is located in Wayne County. 

 

2. 

The case is pending in the X Entire Tribunal OR __ Small Claims Division. 

 

3. 

Property Parcel No: 25990320.15 

 

4. 

The values for the property identified above as established by Respondent’s Board of 

Review are: 

 

Tax 

Year 

True Cash 

Value 

Assessed 

Value 

Taxable 

Value 

2026 

$8,071,200 

$4,035,600 

$4,035,600 

 

5. 

The values for the property identified above as stipulated by the parties for settlement 

purposes are: 

 

Tax 

Year 

True Cash 

Value 

State Equalized 

Value 

Taxable 

Value 

2026 

$2,384,800 

$1,192,400 

$1,192,400 

 

6. 

If the stipulation addresses tax years other than the tax year originally appealed or tax years 

added through motions to amend that have been granted by the Tribunal, list the separate 

facts upon which the parties rely to invoke the Tribunal’s authority over those tax year or 

years: 

 

7. 

List separately any special terms or conditions being proposed by the parties that would 

affect the execution of this Consent Judgment including, but not limited to, the joint 

payment of the refund, the waiver of interest, etc.:

Page 2

2 

75349422.1 

 

 

Honigman LLP 

City of Detroit Law Department 

Attorneys for Petitioner 

Attorneys for Respondent, 

 

By: _______________________________ 

By: _____________________________ 

Stewart L. Mandell (P33781) 

660 Woodward Avenue 

2290 First National Bldg. 

Detroit, MI 48226-3506 

(313) 465-7420 

slmandell@honigman.com 

Kevin Richard (P43417) 

CAYMC - 2 Woodward Avenue, 

Suite 500 

Detroit, MI 48226 

(313) 237-3061 

richkc@detroitmi.gov 

Dated: ____________________ 

 

Dated: May 27, 2026 

 

 

 

 

 

By: ____________________________ 

 

Alvin Horhn, Deputy CFO/Assessor 

CAYMC - 2 Woodward Avenue, 

Suite 804 

Detroit, MI 48226 

 

 

 

Dated: ____________________ 

1 June 2026

June 1, 2026

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