Stipulation for Entry of Consent Judgment (Valuation) for Grand Rapids Charter Townhip (8.27.2025).pdf
Macatawa Bank, Petitioner Vs. Township Of Grand Rapids, Respondent · 25-002794-TT
Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.
Page 1
STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS ORLENE HAWKS GOVERNOR LANSING DIRECTOR MACATAWA BANK, NA . MICHIGAN TAX TRIBUNAL Petitioner, v MOAHR Docket No. 25-002794 GRAND RAPIDS CHARTER TOWNSHIP Respondent. STIPULATION FOR ENTRY OF CONSENT JUDGMENT (VALUATION) 1. The subject property is in Kent County. 2. Parcel Number: _ 41-14-36-451-009 . (If more than one parcel is at issue, attach a completed Multiple Parcel Stipulation Form addressing all other parcels at issue.) 3. The values for the property identified above as established by Respondent's Board of Review are: Tax year Assessed Value (AV) | Taxable Value (TV) 2024 $345,500 $345,500 4. The values for the property identified above as stipulated by the parties for settlement purposes are: Tax year True Cash Value AV TV 2025 $691,000 $345,500 $304,875 5. If the stipulated TV does not equal the prior year TV multiplied by the applicable inflation rate multiplier, explain why (e.g., transfer of ownership, additions, losses, omitted property etc.) 6. List any special terms or conditions being proposed by the parties that would affect the execution of a Consent Judgment including, but not limited to, the joint payment MICHIGAN OFFICE OF ADMINISTRATIVE HEARINGS AND RULES MICHIGAN TAX TRIBUNAL - 611 W. OTTAWA ST., LANSING, MI 48933 - 517-335-9760 PO BOX 30232, LANSING, MI 48909 - Other Carriers: 2407 N GRAND RIVER AVE, LANSING, MI 43906
Page 2
MOAHR Docket No. 25-002794 Page 2 of 2 of the refund, the waiver of interest, etc. (attach additional page if necessary): The Parties sti n ree re w. sfer of own ip in 2024 and therefore stipulate and agree to reinstate the 2024 capped value and apply the inflation rate multiplier to reach the 2025 taxable value. NOTE: The Stipulation MUST include ALL parceis and ALL tax years included in the appeal (including subsequent tax years on or after April 1 of each year for appeals pending in the Small Claims Division). The parties may agree, however, to withdraw the appeal of specific parcels and/or tax year(s). IF APPLICABLE, complete the following section(s). Otherwise, LEAVE BLANK. 7. The parties agree to the withdrawal of parcel number: (If more than one parcel is being withdrawn, attach a separate page addressing all other parcels being withdrawn.) 8. The parties agree to the withdrawal of tax year(s) Signature of Petitioner's Authorized Representative or, if none, Petitioner: /s/ Peter D. Rhoades Printed Name: Peter D. Rhoades (P49515) 8/27/2025 Date: Signature of Respondent's authorized representative: /s/ Joshua D. Beard Printed Name: Joshua D. Beard (P73388) 8/27/2025 Date: