Petition - GenCap Hastings 2026.pdf
Gencap Hastings Limited Dividend Housing Association LLC, Petitioner Vs. City Of Hastings, Respondent · 26-000069-TT
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25-0010 63307614.1 STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL Gencap Hastings Limited Dividend Housing Association LLC, Petitioner, v City of Hastings, Respondent. MTT Docket No. ________ Parcel No. 08-55-001-197-10 Jackie J. Cook (P68781) Honigman LLP Attorneys for Petitioner 2290 First National Building 660 Woodward Avenue (313) 465-7270 jcook@honigman.com Entire Tribunal Property Tax Petition Gencap Hastings Limited Dividend Housing Association LLC (“Petitioner”), through its attorneys, Honigman LLP, states: 1. Petitioner's principal office is located at 6938 N. Santa Montica Blvd., Fox Point, Wisconsin 53217. 2. The real property tax parcel identified as 08-55-001-197-10 is located at 327 W. Court St., Hastings, in Barry County, Michigan (the “subject property”). 3. Petitioner is a party in interest under MCL 205.735a as the owner of subject property and/or taxpayer responsible for property tax assessments on the subject property. 4. The subject property is classified commercial.
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2 63307614.1 5. The subject property is presently used as a low-income residential apartment complex, the use for which the property was designed. 6. The subject property is in the Hastings Area School District and Barry Intermediate School District. 7. Respondent, City of Hastings, assesses and collects property taxes on the subject property. 8. The Petition is timely filed within 35 days of the December board of review’s decision and determination issued December 9, 2025. 9. The Tax Tribunal’s jurisdiction is invoked under MCL 205.735a(6). 10. This matter involves issues relating to: (a) valuation, (b) assessment, (c) taxable value, (d) uniformity, and (e) exemption. 11. On information and belief, there was no addition. 12. For tax year 2025, the subject property’s assessed value and taxable value were $2,756,700. 13. Petitioner asserts the subject property should be exempt from ad valorem property tax for tax year 2025 and that the assessed and taxable values accordingly should be $0. 14. The assessed value amount at issue is $2,756,700. 15. The subject property consists of 60 residential low-income apartment units. 16. On December 12, 2022, Respondent approved the subject property for a property tax exemption by City Ordinance Section 70-144 adopted on December 27, 2022. 17. Per the ordinance, the low-income housing project developed by Petitioner would be exempt from ad valorem taxes after the acquisition of the site by Petitioner. 18. Construction was completed in July of 2024.
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3 63307614.1 19. 100% of the units were occupied by December 31, 2024. 20. The apartment units operate as low-income rentals that are leased to tenants that meet the applicable household income requirements, consisting of 21 units leased at 80% AMI (Area Median Income) rents, 17 units leased at 60% AMI rents, 8 units at 50% AMI rents, 7 units at 40% AMI rents, and 7 units at 30% AMI rents. 21. Although construction was completed in 2024, and the property was fully occupied by December 31, 2024, the exemption was not placed on the tax roll for 2025. 22. On information and belief, the assessor did not place the property on the tax roll as exempt for 2025, because the assessor did not receive certified notification of the exemption before November 1, 2024, under MCL 125.1415a(2). 23. However, the Michigan State Housing Development Authority confirmed that the property was exempt as of December 31, 2024 (tax day for 2025) and that the November 1 deadline is “ministerial” and waivable. 24. Importantly, Respondent established a different duration for the exemption than what is provided for by statute under MCL 125.1415a(4)(a). Petitioner was “eligible [for the exemption] as of August of 2024, when the property was purchased by an eligible owner, the federally-aided mortgage was granted, and the requirements for eligibility under the statute were satisfied.” 25. Accordingly, the property was exempt beginning in 2025. 26. On December 1, 2025, Petitioner submitted a protest to Respondent’s December board of review, requesting that the taxable status of the property be corrected from taxable to exempt for tax year 2025. Appendix A. 27. The December board of review was required to correct the subject property’s
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4 63307614.1 taxable status to exempt under MCL 211.53b(6)(f) which requires the correction of a qualified error “regarding the correct taxable status of the real property being assessed.” 28. On December 9, 2025, the December board denied Petitioner’s request to correct the subject property’s taxable status to exempt. Appendix B. 29. The December board erred in not correcting the status of the subject property from taxable to exempt. 30. The Tax Tribunal has “exclusive and original” jurisdiction over “a proceeding for direct review of a final decision, finding, ruling, determination, or order of an agency relating to assessment, valuation, rates, special assessments, allocation, or equalization, under the property tax laws of this state.” MCL 205.731(a). 31. The Tribunal may review the subject property’s taxable status de novo. 32. The Tribunal has the power to reverse the December board’s decision and enter an order that the subject property is exempt for tax year 2024. MCL 205.732(a). 33. We respectfully request that the Tax Tribunal reverse the December board’s decision and correct the subject property’s taxable status to exempt under MCL 211.53b(6)(f) for tax year 2025. 34. Additionally, Petitioner was assessed and paid tax in excess of the correct and lawful amount due because of a clerical error or mutual mistake of fact; accordingly, the Tribunal should correct the property’s taxable status to exempt under MCL 211.53a. 35. The 2025 assessment, including state equalized value and taxable value, imposed on the subject property, and the taxes to be levied and collected thereon, are invalid and unlawful because:
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5 63307614.1 (a) The 2025 assessment, including state equalized value and/or taxable value, exceeds the amount permitted by the Michigan Constitution and applicable statutes; (b) The 2025 assessment, including state equalized value and/or taxable value, is at a higher percentage of true cash value than permissible under the Michigan Constitution and applicable statutes; (c) The 2025 assessment, including taxable value and/or state equalized value, is based upon an erroneous determination of the true cash value of that portion of the subject property that is taxable under Michigan law, and is based upon the application of wrong principles; and (d) The 2025 assessment, including state equalized value and/or taxable value, and the mode of assessment adopted by Respondent, discriminate against Petitioner and deny Petitioner its constitutional rights to uniformity, equal protection, and due process of law. WHEREFORE, Petitioner requests that the Tax Tribunal enter an Order: (a) rescinding the December board of review’s decision; (b) exempting the property from ad valorem taxation for tax year 2025; (c) reducing the assessed value and taxable value for tax year 2025 to $0; (d) requiring Respondent to pay Petitioner refunds attributable to such reductions, plus interest and costs; and (e) awarding Petitioner any other relief this Tax Tribunal deems just.
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6 63307614.1 Dated: January 9, 2026 HONIGMAN LLP Attorney for Petitioner By: _______________________________________ Jackie J. Cook (P68781) 39400 Woodward Avenue, Suite 101 Bloomfield Hills, MI 48304-5151 (313) 465-7270 jcook@honigman.com
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61712623.1 Appendix A
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Jackie J. Cook Office: 248.566-8474 jcook@honigman.com Honigman LLP • 2290 First National Building • 660 Woodward Avenue • Detroit, Michigan 48226-3506 December 1, 2025 Ms. Debra Rashid City of Hastings Board of Review City Assessor C/O Hastings Assessor’s Office City of Hastings 201 E. State Street 201 E. State Street Hastings, MI 49058 Hastings, MI 49058 drashid@hastingsmi.gov drashid@hastingsmi.gov Re: GenCap Hastings Limited Dividend Housing Association, LLC Parcel no. 55-001-197-10 located at 327 W. Court St. (“Tyden Lofts”) December Board of Review Protest Regarding Exemption for Tax Year 2025 Dear Ms. Rashid and Members of the Board of Review: We submit a protest for the above-referenced subject property on behalf of the taxpayer, GenCap Hastings Limited Dividend Housing Association, LLC (“taxpayer”).1 We respectfully request that you correct Tyden Loft’s taxable status to exempt for tax year 2025.2 1. Background. Tyden Lofts is a Low-Income Housing Tax Credit (“LIHTC”) rental property that consists of 60 residential apartment units. The owner began working on this project in September of 2019. The original site for the project, the Royal Coach building, burned to the ground while the owner was under contract. The Royal Coach site, without the historic building, was awarded LIHTCs by the Michigan State Housing Development Authority (“MSHDA”) in the Fall of 2021. MSHDA subsequently, due to environmental concerns, rescinded the credit award for the Royal Coach site but allowed the owner to work with the City of Hastings to find another site to place the credits. The City and the owner worked collaboratively to secure and move the project to its current location at 327 Court Street. On December 12, 2022, the City approved Tyden Lofts for a property tax exemption and PILOT. The exemption and PILOT approval became effective by a City ordinance adopted on December 27, 2022.3 Per the PILOT ordinance, Tyden Lofts would be exempt from ad valorem taxes after the acquisition of the site the owner. The PILOT payment for the first five years of the project would be equal to 1% of rent collected less landlord paid utilities.4 Construction was completed in July of 2024. 100% of the units were occupied by December 31, 2024. The apartment units operate as LIHTC rentals that are leased to tenants that 1 A letter of authorization is attached as App. 1. 2 See Form 618, Petition to the Board of Review, attached as App. 2. 3 See City of Hastings Ordinance Section 70-144, attached as App. 3. 4 Id.
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December 1, 2025 Page 2 Honigman LLP • 2290 First National Building • 660 Woodward Avenue • Detroit, Michigan 48226-3506 meet the applicable household income requirements, consisting of 21 units leased at 80% AMI (Area Median Income) rents, 17 units leased at 60% AMI rents, 8 units at 50% AMI rents, 7 units at 40% AMI rents, and 7 units at 30% AMI rents. These income and rental requirements are outlined in a recorded 45-year Land Use Restriction Agreement. Amenities at Tyden Lofts include a business center, computer lab, courtyard, fitness center, laundry facilities, and parking garage. Although construction was completed in 2024, and the property was fully occupied by December 31, 2024, the exemption was not placed on the tax roll for 2025. On information and belief, the assessor did not place the property on the tax roll as exempt for 2025, because the assessor did not receive certified notification of the exemption before November 1, 2024, under MCL 125.1415a(2). However, MSHDA confirmed that the November 1 deadline is “ministerial” and may be waived.5 The City established a different duration for the exemption than what is provided for by statute under MCL 125.1415a(4)(a).6 Here, the City passed an Ordinance establishing that the exemption begins upon the acquisition of the property.7 Tyden Lofts was “eligible [for the exemption] as of August of 2024, when the property was purchased by an eligible owner, the federally-aided mortgage was granted, and the requirements for eligibility under the statute were satisfied.”8 The Ordinance exemption start time prevails over the timing of the exemption provided for by statute.9 Accordingly, the property was exempt beginning in 2025. Tyden Lofts will suffer financial hardship if required to pay ad valorem taxes for 2025. The ad valorem assessment is about $10,000 more than the collected rents for the year. In 2024, the net operating income for the property before debt service was only $70,514, which is less than 50% of the ad valorem taxes. Imposing the ad valorem assessment on the property creates a tremendous burden that will be very difficult for the property to meet. 2. The December Board of Review has the authority to correct this error. The December Board of Review can correct the 2025 tax roll to properly reflect the property as exempt. The Ordinance supports that the property was exempt as of December 31, 2024. MSHDA’s position is that the property qualified as exempt as of December 31, 2024. Accordingly, it is a qualified error that the “taxable status of the real property being assessed” was placed on the roll as taxable instead of exempt under MCL 211.53b(6)(f). The December Board must correct the taxable status error on the 2025 tax roll. 5 See Memorandum from Michigan State Housing Development Authority, dated October 28, 2025, attached as App. 4. 6 Id. 7 Id. 8 Id. 9 Id.
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December 1, 2025 Page 3 Honigman LLP • 2290 First National Building • 660 Woodward Avenue • Detroit, Michigan 48226-3506 3. Conclusion. We respectfully request that the December Board of Review correct the subject property’s taxable status to exempt under MCL 211.53b(6)(f) for tax year 2025. Upon receiving notice that the December Board corrected the taxable status to exempt, the owner will pay the PILOT payment for 2025 (calculated as of December 31, 2024), calculated as follows: $184,532 (collected rents 1/1/24-12/31/24) – $23,271 (landlord utilities 1/1/24-12/31/24) = $161,261 x 1% (Year 1 PILOT rate) = $1,61310 This letter is the owner’s letter appeal to the Board. If you would like us to appear before the Board as well, either in-person or virtually, we will make ourselves available. Thank you for your time and consideration. Very truly yours, HONIGMAN LLP Jackie J. Cook 62928351.1 10 See Year 1 PILOT calculation, attached as App. 5.
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Appendix 1
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GENERALCAPITAL COLLABORATE + INNOVATE + EXECUTE | ______ E 4938 N SANTA MONICA BLVD © MILWAUKEE, WI 53217 P: 416.228.3500 F: 414.228.3700 GENERALCAPITALGROUP.COM November 24, 2025 Ms. Debra Rashid City of Hastings Board of Review City Assessar ATTN: Hastings Assessor's Office City of Hastings 201 E. State Street 201 E. State Street Hastings, MI 49058 Hastings, MI 49058 drashid@hastingsmi.gov drashid@hastingsmi.gov Re: TAXPAYER LETTER OF AUTHORIZATION To Whom It May Concern: | am an authorized signatory of GenCap Hastings Limited Dividend Housing Association, LLC (“GenCap”). which owns property at 327 W. Court St., including parcel no. 55-001-197-10, referred to as the Tyden Lofts Apartments. Please be advised that GenCap has retained the following counsel to represent it in connection with obtaining current and historical assessment information, discussing the current and historical assessments with your office, and securing a protest before the March, July, and/or December Boards of Review, if necessary, to protest valuation and taxable status including exemption, for the property identified above for tax year 2025: Jackie J. Cook Honigman LLP 39400 Woodward Avenue Suite 101 Bloomfield Hills, M1 48304-5151 If you have any questions or need any additional information regarding this letter of authorization, please contact me at (248) 566-8474 or jcook@honigman.com. Very truly yours, Joshua Hafron Authorized Signatory of GenCap Hastings Limited Dividend Housing Association, LLC
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Appendix 2
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Michigan Department of Treasury 618 (Rev. 11-12) This form is issued under the authority of P.A. 206 of 1893, as amended. Filing is voluntary, however you may not appeal to the Michigan Tax Tribunal or the State Tax Commission unless you first protest to the Board of Review. TO BE COMPLETED BY OWNER OR OWNER'S AGENT Petition to DECEMBER Board of Review The undersigned protests the assessed value and/or the taxable value and/or the property classification and/or the qualified agricultural property exemption of the following described property: Owner's Name (Please Print or Type) Petitioner's Name (If Other than Owner. Please Print or Type) Property Identified (Parcel code required. Property address & legal description optional) Protested Item Assessed Value Taxable Value Classification 1. PROTEST OF ASSESSMENT Assessed Amount Owner's Estimate of True Cash Value Taxable Value Year 2. PROTEST OF CLASSIFICATION (Complete this section for a request to change the classification. The Board of Review must make their decision regarding classification in accordance with Section 211.34c of the Michigan Compiled Laws. The Board of Review shall not be influenced by the effect that a particular classification has on that property's status as a homeowner's principal residence or qualified agricultural property.) Classification of property on this year's assessment roll Classification should be (check one of the following): Agricultural Commercial Industrial Residential Timber Cutover Developmental Utility (Personal Property Only) 3. PROTEST OF EXEMPTION FOR QUALIFIED AGRICULTURAL PROPERTY (If the assessor has denied or changed the percentage of the exemption from the 18 mills of local school operating tax for qualified agricultural property, the owner may appeal this action to the March Board of Review. THE BOARD OF REVIEW HAS NO AUTHORITY TO CONSIDER OR ACT UPON THE EXEMPTION FROM THE 18 SCHOOL OPERATING MILLS FOR HOMEOWNER'S PRINCIPAL RESIDENCE PROPERTIES.) Percent qualified agricultural exemption granted by assessor (Enter 0 if exemption denied) Percent qualified agricultural exemption requested by owner (Enter 100 if full exemption requested) 4. REASON FOR PROTEST State reason(s) for protest of assessed value and/or the taxable value and/or classification and/or qualified agricultural property exemption CERTIFICATION (Complete this section for a protest of assessed value and/or taxable value) Signature Date Address Phone Number L-4035 www.michigan.gov/treasury Qualified Agricultural Property Exemption Township or City County Reset Form GenCap Hastings Ltd. Div. Housing Association, LLC City of Hastings Barry Real property parcel no. 55-001-197-10, located at 327 W. Court St. $2,756,700 $0 $2,756,700 2025 The subject property was eligible as of August of 2024 for a tax exemption and PILOT granted pursuant to Hastings Ordinance Section 70-144. The property's taxable status for 2025 is currently taxable instead of exempt. This is a qualified error under MCL 211.53b(6)(f) the December Board has jurisdiction to correct. See BOR protest letter. 11/20/2025 39400 Woodward Ave,Ste 101,Bloomfield Hills,MI 48304 (248) 566-8474
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FOR BOARD OF REVIEW USE ONLY INSTRUCTIONS: Incorporate a copy of this form and the assigned number in the Board of Review minutes. Petition Number Parcel Code 1. ASSESSED VALUE Disposition by Board of Review. The Board of Review must state the reason for its action below. Denied Assessed Value Changed From ______________________ to ____________________________ Record of vote - Board or three member committee of board Yes No Yes No Yes No Chairperson: Member: Member: Reason for board action 2. TENTATIVE TAXABLE VALUE Disposition by Board of Review. The Board of Review must state the reason for its action below. Denied Tentative Taxable Value Changed From ___________________ to ________________________ Record of vote - Board or three member committee of board Yes No Yes No Yes No Chairperson: Member: Member: Reason for board action 3. CLASSIFICATION Disposition by Board of Review. The Board of Review must state the reason for its action below. Denied Classification Changed From ______________________ to ____________________________ Record of vote - Board or three member committee of board Yes No Yes No Yes No Chairperson: Member: Member: Reason for board action 4. QUALIFIED AGRICULTURAL PROPERTY EXEMPTION Disposition by Board of Review. The Board of Review must state the reason for its action below. Exemption Request Denied Exemption percent modified from _____________% to _____________% Record of vote - Board or three member committee of board Yes No Yes No Yes No Chairperson: Member: Member: Reason for board action Date of Final adjournment of Board of Review Board of Review Secretary Signature Date 5. ADJOURNMENT Form 618, Page 2 Initials Initials Initials Initials Initials Initials Initials Initials Initials Initials Initials Initials If you disagree with the decision of the Board of Review regarding tentative taxable value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at P.O. Box 30232, Lansing, MI 48909. Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal and Utility Personal Property may be appealed by May 31. Agricultural Real, Residential Real, Timber-Cutover Real and Agricultural Personal Property may be appealed by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. If you disagree with the decision of the Board of Review regarding classification, you may appeal by sending Form 2167 to the State Tax Commission at P.O. Box 30471, Lansing, MI 48909 by June 30. If you disagree with the decision of the Board of Review regarding tentative taxable value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at P.O. Box 30232, Lansing, MI 48909 by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. If you disagree with the decision of the Board of Review regarding tentative assessed value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at P.O. Box 30232, Lansing, MI 48909. Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal and Utility Personal Property may be appealed by May 31. Agricultural Real, Residential Real, Timber-Cutover Real and Agricultural Personal Property may be appealed by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib.
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Appendix 3
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Sec 70-144 Establishment Of Annual Service Charge The housing project identified as Tyden Lofts and the property on which it will be located shall be exempt from all ad valorem property taxes from and after the acquisition of the Property by the Sponsor. The City acknowledges that the Sponsor and the Authority have established the economic feasibility of the housing project in reliance upon the enactment and continuing effect of this Ordinance, and the qualification of the housing project for exemption from all ad valorem property taxes and a payment in lieu of taxes as established in this Ordinance. Therefore, in consideration of the Sponsor's offer to construct and operate the housing project, the City agrees to accept payment of an annual service charge for public services in lieu of all ad valorem property taxes. Subject to receipt of a Mortgage Loan, the annual service charge shall be equal the following percentage of annual shelter rents: Years 1-5 1% Years 6-10 2% Years 11-15 3% Years 16 through duration 4% HISTORY Adopted by Ord. 609 on 12/27/2022
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Appendix 4
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M E M O R A N D U M TO: Josh Hafron, Steve Rypma, Diana Bitely, Chad Benson FROM: Margaret Meyers (Director of Legal Transactions) DATE: October 28, 2025 RE: Tyden Lofts, Hastings Determination of Eligibility for PILOT I have reviewed the materials submitted in connection with the request for certification of eligibility for exemption for Tyden Lofts, in Hastings, Michigan. Tax exemption and a PILOT (payment in lieu of taxes) for this property was granted pursuant to an Ordinance adopted by the City of Hastings on December 12, 2022. In my review of this ordinance, I note the following language in Section 70-144: "The housing project identified as Tyden Lofts and the property on which it will be located shall be exempt from all ad valorem property taxes from and after the acquisition of the Property by the Sponsor." The exemption available under Section 15a(1)(a) of our Act (MCL 125.1401, et seq) applies to any project that is eligible, with or without an ordinance, resolution or other action being taken by a municipality. Although our statute (MCL 125.1415a(2)) provides that an "…owner must then file the certified notification of the exemption with the local assessing officer before November 1 of the year preceding the tax year in which the exemption is to begin", this process for initiating the exemption that is being claimed applies whether or not the exemption has been approved at the local level. Thus, without any action having been taken by the municipality, if a certification of exemption is received before November 1, the local assessor must place the property on the exempt roll to be effective the following year. However, MCL 125.1415a(4)(a) allows a municipality to establish a duration for the exemption that differs from the maximum duration set by the statute. It may also establish a different class of housing projects that are eligible, or a different PILOT payment. The City of Hastings provided in its ordinance that the exemption began upon the date of the acquisition of the property on which the Tyden Lofts project is located. Although we did not send the Notification of Exemption to the City assessor until 2025 (as a result of errors and miscommunication), the documents submitted to
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the Authority establish that the property was eligible as of August of 2024, when the property was purchased by an eligible owner, the federally-aided mortgage was granted, and the requirements for eligibility under the statute were satisfied. We deem the November 1 deadline as ministerial, one that may be waived by an assessor if desired. But when the statutory certification is submitted before the deadline, the property must be exempt the following year, and the exemption continues for 50 years, by the statute. If, however, the municipality has enacted an ordinance that establishes a different duration, a different PILOT payment, or a different class of housing projects than what are described in the Act, those provisions of the ordinance would control over the provisions of the Act.
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Appendix 5
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THE ANNUAL SERVICE CHARGE SHALL BE EQUAL TO A PERCENT (BELOW) OF THE ANNUAL SHELTERED RENTS COLLECTED. ANNUAL SHELTER RENT MEANS THE TOTAL COLLECTIONS DURING AN AGREED ANNUAL PERIOD FROM ALL OCCUPANTS OF A HOUSING DEVELOPMENT REPRESENTING RENT OR OCCUPANCY CHARGES, EXCLUSIVE OF CHARGE FOR GAS, ELECTRIC, OR OTHER UTILITIES FURNISHED THE OCCUPANTS. RENT POTENTIAL 303,125 CARPORT 0 VACANCY LOSS (118,128) MODEL/EMPLOYEE 0 BAD DEBT 0 BAD DEBT RECOVERY 0 CONCESSIONS (465) GAS (2,698) WATER/SEWER (11,762) ELECTRIC (8,811) ` 161,261 ANNUAL SERVICE CHARGE RATE 1.00% 2024 PILOT $1,613 Due Date: 05/01/25 Tyden Lofts PAYMENT IN LIEU OF TAXES For the year ended 12/31/2024 2/26/2025 Section 11
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61712623.1 Appendix B
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December 9, 2025 DECEMBER BOARD OF REVIEW AFFIDAVIT RE: Gencap Hastings Limited Dividend Housing Association LLC 08-55-001-197-10, 327 W. Court St (Tyden Lofts) To Whom it May Concern: The 2025 December Board of Review reviewed the request to correct Tyden Loft’s taxable status to Exempt for the tax year 2025. All documents were read and reviewed. Discussion occurred and a motion was made to DENY the 2025 taxable status to Exempt for the tax year 2025, motion was passed to DENY. A decision made by the December Board of Review can be appealed to the Michigan Tax Tribunal (MTT). A petition must be filed with the MTT within 35 days of the date of the board's written decision. The MTT functions as an administrative court for tax disputes. Michigan Tax Tribunal P.O. Box 30232 Lansing, MI 48909 Debbie Rashid, MAAO City of Hastings Assessor drashid@hasingsmi.gov 201 E. State Street Hastings, MI 49058 269-945-2468
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DECEMBER 2025 BOARD OF REVIEW MINUTES Tuesday, December 9, 2025, 10:00 AM Meeting held in Conference Room, Hastings City Hall 201 E State St, Hastings, MI 49058 10:03 AM Meeting called to order by Winick Present: Melisssa Winick, Rosemary Anger, Tim Girrbach Staff Present: Debra Rashid (Assessor of Record), Marie Bean (Deputy Assessor), Sarah Moyer- Cale (City Manager) Absent: None Approved July 2025 Board of Review Minutes as Read by Winick second by Girrbach. Interlocal Agreement Board reviewed pertinent documentation. Discussion held. Anger moved the Board of Review has recognized that a rate of taxation error occurred on the Winter 2024 tax bill due to a transpositional error in the treasurer’s software, and, as such, the Board of Review approves the correction to be applied to the 2025 Winter Tax Bill. Motion second by Girrbach. All Ayes. Motion passed. Tyden Lofts 2025 Appeal Letter Board reviewed appeal letter and documents. Discussion held. Winick moved to deny the 2025 PILOT Program for Tyden Lofts. Motion second by Anger. All Ayes. Motion passed. March 2026 Board of Review Dates (Proposed) Tuesday, March 3, 2026, 10 AM Organizational Meeting Monday, March 9, 2026, 9 AM – 4 PM March Board of Review Tuesday, March 10, 2026, 2 PM – 9 PM March Board of Review Winick suggested changing the March 3, 2026, Organizational Meeting to 9 AM from 10 AM. Anger moved to approve the March 2026 Board of Review dates, with the amendment to 9 AM March 3, 2026. Motion second by Girrbach. All Ayes. Motion passes 10:32 AM Motion to adjourn Girrbach second by Melissa Winick. Respectfully submitted, Marie Bean, Deputy Assessor