LTP 2026 Assessed Value Decision Charter Twp of Lyon.pdf

Page 1

** Notice of March Board of Review Change ** 

FROM 

CHARTER TOWNSHIP OF LYON 

MICHEAL R. LOHMEIER, ASSESSOR 

58000 GRAND RIVER AVENUE 

NEW HUDSON MI 48165 

NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: 

LYON TOWNE PLAZA LLC 

44090 W 12 MILE RD 

NOVI MI 48377-2612 

PROPERTY IDENTIFICATION: 

K -21-03-151-025 

SCHOOL DISTRICT: 63240 

PROPERTY ADDRESS 

30764 LYON CENTER DR E 

THIS PROPERTY IS CLASSIFIED AS: 

201 

Commercial 

PRINCIPAL RESIDENCE/QUALIFIED AG EXEMPTION: 

0.00% 

MICHIGAN BUSINESS EXEMPTION: 

- 

0.00% 

PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 

201. 

Commercial 

The Board 

of Review has Examined your 2026 Assessed Value and/or Capped Value and has. made the following decision: 

PETITION NUMBER 

110 

DATE: 

03/13/2026 

VALUE PRIOR MBOR | VALUE AFTER MBOR 

CHANGE 

1. ASSESSED VALUE 

_- 

} 

1,351,460 

1,351,460 

0 

2. CAPPED VALUE 

1,153,590 

1,153,590 

0 

3. TAXABLE VALUE 

1,153,590 

1,153,590 

0 

- 

4. TENTATIVE EQUALIZATION FACTOR: 

1.000 

- 

N 

. 

i 

] 

- 

5. STATE EQUALIZED VALUE: 

1,351,460 

1,351,460 

| 

0 

6. There WAS/WAS NOT a transfer of ownership on this property in 2025. 

WAS NOT 

The 2026 Capped Value Formula is the 2025 Taxable Value, minus losses, increased by the Inflation Rate Multiplier of 3.1%, - 

plus Additions, Taxable Value is the-lower of Assessed-Value or Capped Value unless an Ownership Transfer occurred. Your 

Taxes are Levied on the Taxable Amount. 

- 

-— 

Further appeal of valuation may be made-to'the Michigan 

Tax Tribunal_by filing:a:petition.that can be obtained at 

www.michigan.gov/taxtrib. (click Small Claims Tab) and mailed to PO Box 30232, Lansing, MI 48909 by May 31st for 

Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal, and Utility. Personal Property. 

The final date for further appeal of valuation for Agricultural Real, Residential Real, Timber Cut-over Real, and Agricultural 

Personal Property is July 31st. All other matters have 35 days to appeal. 

Michigan Tax Tribunal Decisions received February through May are not reflected in this March Board of Review 

Change Notice. 

| 

A COPY OF THIS NOTICE MUST ACCOMPANY ANY PETITION TO.THE MICHIGAN TAX TRIBUNAL OR YOUR APPEAL 

WILL DEFAULT. 

CHARTER TOWNSHIP OF LYON 

BOARD OF REVIEW 

If you disagree with the decision of the Board of Review regarding classification, appeal is made by sending Form 

2167 to the State Tax Commission, PO Box 30471 Lansing Mi 48909 by. June 30th.