WYCHWOOD - Stipulation for Consent Judgment (28700484.2).pdf
Wychwood Cottages LLC, Petitioner Vs. Township Of Crystal Lake, Respondent · 24-003607-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN ADMINISTRATIVE HEARING SYSTEM MICHIGAN TAX TRIBUNAL WYCHWOOD COTTAGES, LLC, Petitioner, MTT Docket No. 24-003607 v. PPN # 05-085-033-00 CRYSTAL LAKE TOWNSHIP and BENZIE COUNTY, Respondents. Adam J. Brody (P62035) Deborah I. Ondersma (P55907) VARNUM LLP Attorneys for Petitioner 333 Bridge Street, N.W. P.O. Box 352 Grand Rapids, MI 49501-0352 (616) 336-6000 ajbrody@varnumlaw.com diondersma@varnumlaw.com Michael D. Homier (P60318) Thomas K. Dillon (P81136) FOSTER, SWIFT, COLLINS & SMITH, P.C. Attorneys for Respondent Crystal Lake Township 1700 East Beltline, N.E., Suite 200 Grand Rapids, MI 49525 (616) 726-2258 mhomier@fosterswift.com tdillon@fosterswift.com _____________________________________ STIPULATION FOR CONSENT JUDGMENT 1. The case is pending in the _X_ Entire Tribunal or ____ Small Claims Division. 2. Property Parcel No. 05-085-033-00. 3. The property is located in Benzie County. 4. The values for the property identified above as established by Respondent after the retroactive uncapping are: Tax Year Assessed Value Original Taxable Value 2012 $821,500 $821,500 2013 $855,300 $841,216 2014 $918,000 $854,675 2015 $890,300 $868,350 2016 $770,800 $770,800
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2 2017 $760,500 $760,500 2018 $744,500 $744,500 2019 $888,400 $762,368 2020 $872,300 $776,853 2021 $938,600 $797,729 2022 $1,585,800 $813,724 2023 $1,596,400 $854,410 2025 $1,758,000 $924,942 5. The parties reviewed the underlying transactions relating to the belated tax year 2012 uncapping, and, in so doing, determined that the underlying transactions constituted only a partial uncapping. As such, the values for the property identified above as stipulated by the parties for settlement purposes are: Tax Year Assessed Value Stipulated Taxable Value 2012 $821,500 $638,319 2013 $855,300 $653,638 2014 $918,000 $664,096 2015 $890,300 $674,721 2016 $770,800 $676,745 2017 $760,500 $682,835 2018 $744,500 $697,174 2019 $888,400 $713,906 2020 $872,300 $727,470 2021 $938,600 $737,654 2022 $1,585,800 $761,996 2023 $1,596,400 $800,095 2025 $1,758,000 $866,142 6. If stipulation address 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): N/A 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): N/A
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3 IT IS SO STIPULATED AND AGREED. DATED: March 20, 2026 VARNUM LLP Attorneys for Petitioner By: __/s/ Deborah I. Ondersma ________ Adam J. Brody (P62035) Deborah I. Ondersma (P55907) BUSINESS ADDRESS: 333 Bridge St., NW, Suite 1700 P.O. Box 352 Grand Rapids, MI 49501-0352 (616) 336-6000 ajbrody@varnumlaw.com diondersma@varnumlaw.com DATED: March 20, 2026 FOSTER, SWIFT, COLLINS & SMITH, P.C Attorneys for Respondent Crystal Lake Twp. By: _/s/ Thomas K. Dillon _______________ Michael D. Homier (P60318) Thomas K. Dillon (P81136) BUSINESS ADDRESS: 1700 East Beltline, N.E., Suite 200 Grand Rapids, MI 49525 (616) 726-2258 mhomier@fosterswift.com tdillon@fosterswift.com 28700484.1