Red Cedar MI PT 2026 26-001251 Joint Stipulation Consent Judgment 2026-08-27 FULLY EXECUTED.pdf
Red Cedar Hotel Holdings LLC Petitioner Vs. City Of Lansing Respondent · 26-001251-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL Red Cedar Hotel Holdings LLC, Petitioner, v MTT Docket No. 26-001251-TT City of Lansing, Respondent. STIPULATION FOR ENTRY OF CONSENT JUDGMENT 1. The case is pending in the Entire Tribunal. 2. The property is in Ingham County. 3. The values for the property identified above as established by Respondent’s Board of Review are: Year Parcel True Cash Value Assessed Value Taxable Value 2026 | 33-01-01-14-426-008 $26,236,600 $13,118,300 $13,118,300 2026 | 33-01-01-14-426-010 $1,718,200 $859,100 $807,530 4. The values for the property identified above as stipulated by the parties for settlement purposes are: Year Parcel True Cash Value Assessed Value Taxable Value 2026 33-01-01-14-426-008 $23,750,000 $11,875,000 $11,875,000 2026 33-01-01-14-426-010 $1,250,000 $625,000 $625,000 S. This stipulation addresses only the tax year that was originally appealed, and tax years added through motions to amend.
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MTT Docket No. 26-001251-TT Entire Tribunal Stipulation, Page 2 of 2 6. Refund (as applicable) is to be made payable to “Red Cedar Hotel Holdings LLC” and mailed to the attention of: Red Cedar Hotel Holdings LLC c/o Sarah Belloli, Ryan, LLC 101 W. Big Beaver Road, Suite 945 Troy, MI 48084 Signature of Petitioner’s Authorized Representative or, if none, Petitioner: Isl Sarah R. Belloli Sarah R. Belloli, Ryan, LLC Date: 08/27/2026 Signature of Respondent’s authorized representative: