Stipulation.pdf
Groesbeck Cp & Mp Investments LLC, Roseville Investment Holding LLC Petitioners Vs. City Of Fraser Respondent · 26-002524-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL Groesbeck CP & MP Investments LLC & Roseville Investment Holding LLC, Petitioner, vs. City of Fraser, Respondent. MTT Docket No. 26-002524 _____________________________________________________________________________/ CLARK PATTAH Representative for Petitioner 2207 Orchard Lake Road Sylvan Lake, MI 48320-1786 (248) 939-1400 SETH A. O’LOUGHLIN (P80257) HALLAHAN & ASSOCIATES, P.C. Attorneys for Respondent 1750 S. Telegraph Road, Suite 202 Bloomfield Hills, MI 48302 (248) 731-3089 _____________________________________________________________________________/ STIPULATION FOR ENTRY OF CONSENT JUDGMENT AND CONSENT JUDGMENT 1. The case is pending in the X Entire Tribunal ___ Small Claims Division. 2. Property Parcel No: 03-14-05-376-032 3. The property is in Macomb County. 4. The 2026 values for the property identified above as established by Respondent’s Board of Review are: Parcel No. True Cash Value Assessed Value Taxable Value 03-14-05-376-032 $6,861,600 $3,430,800 $2,976,919 5. The 2026 values for the property identified above as stipulated by the parties for settlement purposes are: Parcel No. True Cash Value Assessed Value Taxable Value 03-14-05-376-032 $4,700,000 $2,350,000 $2,350,000
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MTT Docket No. 25-002524 Consent Judgment, Page 2 of 2 6. If 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 (attach additional page if necessary): 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. (attach additional page if necessary): The parties agree that the stipulation regarding the subject property’s assessed and taxable values is strictly for settlement purposes only, and only for the years involved, and for no other purpose whatsoever. The parties hereby waive interest attributable to the reductions for all taxing authorities. CALCULATIONS OF THE REFUND AMOUNT SHALL BE SENT TO PETITIONER. Signature of Petitioner’s Authorized Representative or, if none, Petitioner: //s/ Clark Pattah_____________________________________________________________ Clark Pattah Signature of Respondent’s authorized representative: _//s// Seth A. O’Loughlin_______________________________________________________ Seth A. O’Loughlin