DMS- Detroit 2025 Stipulation for 22074253-57 & 23002012.450 Fully Executed 10-21-2025 UPDATED & Ready to File.pdf
Detroit Manufacturing Systems LLC, Petitioner Vs. City Of Detroit, Respondent · 25-002088-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL Detroit Manufacturing Systems LLC, MTT Docket No. 25-002088-TT Petitioner, Parcel No(s). 22074253-57 23002012.450 v City of Detroit, Respondent. / Michelle (Mikki) M. Silvey (P69494) Kevin C. Richard (P43417) Derik Edwards Senior Assistant Corporation Counsel DuCharme, McMillen & Associates, Inc. City of Detroit Law Department Representatives for Petitioner Attorneys for Respondent 9229 Delegates Row, Suite 375 2 Woodward Avenue, Suite 500 Indianapolis, IN 46240 Detroit, MI 48226 (317) 596-3260, ext. 2404 (313) 237-3061 (917) 488-7825 richkc@detroitmi.gov msilvey@dmainc.com dedwards@dmainc.com STIPULATION FOR ENTRY OF CONSENT JUDGMENT IN THE FULL TRIBUNAL 1. This case is pending in the Entire Tribunal. 2. The subject property is located in Wayne County. 3. This stipulation addresses the 2025 tax year only. 4. The values for the property at issue in this appeal as established by Respondent’s Board of Review are: Tax Parcel(s) True Cash Assessed Taxable Year Value Value Value 2025 22074253-57 $36,166,600 $18,083,300 $15,895,407 2025 23002012.450 $1,331,400 $665,700 $429,933 2025 Total: $37,498,000 $18,749,000 $16,325,340
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5. The values for the property at issue in this appeal as agreed upon by the parties for settlement purposes are: Tax Parcel(s) True Cash Assessed Taxable Year Value Value Value 2025 22074253-57 $29,530,400 $14,765,200 $14,765,200 2025 23002012.450 $1,116,000 $558,000 $429,933 2025 22074253-57-total $30,646,400 $15,323,200 $15,195,133 6. The abatement associated with 23002012.450 expired on December 30, 2024 and the parcel should have been retired, the value should have rolled to the ad-valorem parcel (22074253-57) and the remaining value should be $0 for the 2025 tax year. The total value for 22074253-57 is to account for this combination/parcel retirement. Parcel 23002012.450 will be retired effectively after the date of the issuance of the Consent Judgment in this appeal and the issuance of refunds (as warranted) associated with each parcel’s settlement value. Once this occurs, the value for the 2025 tax year will be $0 for 23002012.450. Only Parcel 22074253-57 will remain, and the 2025 revised value is the total value stated above: 2025 TCV PIN 22074253-57 2025 AV PIN 22074253-57 2025 TV PIN 22074253-57 $30.646.400 $15.323.200 $15.195.133 MTT Docket No. 25-002088 2025 TCV PIN 23002012.450 $0 2025 AV PIN 23002012.450 $0 2025 TV PIN 23002012.450 $0 Page 2 of 3 Stipulation for Entry of Consent Judgment PINS: 22074253-57 & 23002012.450
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7. Refunds (as warranted) should be made payable to “Innovo-Gateway Parcel A LLC” and mailed to the attention of: Innovo-Gateway Parcel A LLC c/o Mikki Silvey 9229 Delegates Row, Suite 375 Indianapolis, IN 46240 8. Any refund shall be without interest, provided the refund is paid within sixty (60) days of entry of the Order of Consent Judgment in this appeal. Respectfully submitted, ee) Lorrie Rihanid Michelle (Mikki) M. Silvey (P69494) Kevin C. Richard (P43417) DuCharme, McMillen & Associates, Inc. Senior Assistant Corporation Counsel Representatives for Petitioner City of Detroit Law Department Attorney for Respondent October 22, 2025 City of Detroit Deputy CFO/Assessor October Al ,2025 Page 3 of 3 MTT Docket No. 25-002088 Stipulation for Entry of Consent Judgment PINS: 22074253-57 & 23002012.450