Answer to Petition.pdf
Reign Co2 Propco LLC Petitioner Vs. City Of Grand Rapids Respondent · 26-000480-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN OFFICE OF ADMINISTRATIVE HEARINGS AND RULES MICHIGAN TAX TRIBUNAL REIGN CO2 PROPCO, LLC, Petitioner, Docket No. 26-000480 Vv. Parcel No. 41-14-30-162-001 CITY OF GRAND RAPIDS, Respondent. Ted Kuch Kendall R. O’Connor (P84036) Kroll, LLC Lee S. Schofield (P62748) Attorney for Petitioner Grand Rapids Department of Law One World Trade Center Attorneys for Respondent 285 Fulton Street, 31st Floor 300 Monroe Ave NW, Suite 620 New York, NY 1007 Grand Rapids, MI 49503 Ted. kuch@kroll.com (616) 456-3103 koconnor@grand-rapids.mi.us Ischofield@grand-rapids.mi.us RESPONDENT’S APPEARANCE AND ANSWER TO PETITION WITH PROOF OF SERVICE NOW COMES Kendall R. O’Cormor and Lee S. Schofield for the City of Grand Rapids, who hereby enters their Appearance of Counsel on behalf of Respondent City of Grand Rapids, and answers Petitioner’s Petition as follows: 1. Property Parcel No: 41-14-30-162-001 to 41-14-20-162-015 (15 contiguous parcels) (If more than one parcel is at issue, attach a completed Multiple Parcel Petition Form addressing all other parcels at issue.) ANSWER: Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in Paragraph 1 of Petitioner’s Petition, and leaves Petitioner to its proofs.
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. The property identified above is x_real personal. ANSWER: Respondent admits the allegations in paragraph 2 of Petitioner’s Petition. If more than one parcel of real property is under appeal, are the properties contiguous? _x_Yes _ No. (If no, separate Petitions are required for each non-contiguous parcel.) ANSWER: Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 3 of Petitioner’s Petition, and leaves Petitioner to its proofs. . Are all of the parcels of personal property located on a parcel of real property under appeal? Yes x_No (If no, separate Petitions are required for each parcel of personal property not located on a parcel of real property under appeal.) ANSWER: Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 4 of Petitioners Petition, and leaves Petitioner to its proofs. . If parcels of personal property are under appeal, when were the personal property statements filed by parcel number (attach additional page if necessary): ANSWER: Paragraph 5 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 5 of Petitioner’s Petition, and leaves Petitioner to its proofs. . The property identified above is classified as 201 Commercial-Improved. ANSWER: Respondent denies the allegations in paragraph 6 of Petitioner’s Petition as untrue. Respondent states that relevant property is classified as 207 Commercial Condominiums.
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7. 10. If the assessment or assessments at issue were protested, the protest was made to Respondent’s __ March July December Board of Review. ANSWER: Paragraph 7 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 7 of Petitioner’s Petition, and leaves Petitioner to its proofs. If a protest was required and no protest was made, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the assessment or assessments at issue (attach additional page if necessary): ANSWER: Paragraph 8 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 8 of Petitioner’s Petition, and leaves Petitioner to its proofs. If the appeal was not submitted by the deadline for the filing of an appeal for the classification or classifications of the properties at issue (i.e., May 31 or July 31 of the tax year involved), list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the assessment or assessments at issue (attach additional page if necessary): ANSWER: Paragraph 9 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 9 of Petitioner’s Petition, and leaves Petitioner to its proofs. The property or properties at issue are located in Kent County. The property or properties’ address is: 114 Division Avenue N, et al ANSWER: Respondent admits only that properties that are the subject of Petitioner’s Petition are located at 114 Division Avenue N in the City of Grand Rapids. Respondent lacks knowledge or information sufficient to form a belief as to the truth of any remaining allegations in paragraph 10 of Petitioner’s Petition, and leaves Petitioner to its proofs.
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11. The assessment or assessments at issue were established by the (applicable local government unit): 51 City of Grand Rapids ANSWER: Respondent admits only that the City of Grand Rapids established the assessment or assessments at issue. Respondent lacks knowledge or information sufficient to form a belief as to the truth of any remaining allegations in paragraph 11 of Petitioner’s Petition, and leaves Petitioner to its proofs. 12. Petitioners legal residence or principal office address is: AT&T Services Inc., One AT&T Way, Bedminster, NJ 07921 ANSWER: Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 12 of Petitioner’s Petition, and leaves Petitioner to its proofs. 13. This appeal involved issues relating to the (check all that are applicable); x__ the property or properties’ true cash and taxable values __ the property or properties’ taxable value only If the property or properties’ taxable value is at issue, is there a dispute as to the value of an addition or loss? __ Yes __No __ uniformity of the property or properties’ assessment __ the property or the properties’ exemption from ad valorem taxation under MCL ANSWER: Respondent admits the allegations in paragraph 13 of Petitioner’s Petition. 14. The tax year(s) at issue are: 2026 ANSWER: Respondent admits the allegations in paragraph 14 of Petitioner’s Petition.
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15. 16. If more than the current tax year is being appealed, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the prior tax year or years (attach additional page if necessary): ANSWER: Paragraph 15 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 15 of Petitioner’s Petition, and leaves Petitioner to its proofs. The values for the property identified above as established by Respondent’s Board of Review are: Tax Year True Cash Value State Equalized Taxable Value Value 17. ANSWER: Paragraph 16 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 16, and leaves Petitioner to its proofs. Respondent states that it has established values for property that is the subject of this appeal for tax year 2026. See Exhibit A (2026 values established by Respondent’s March Board of Review for all parcels under appeal and relevant corresponding Notices of Assessment, Taxable Valuation, and Property Classification). Petitioner contends that the values for the property identified above are: Tax Year True Cash Value State Equalized Taxable Value Value 2026 750 375 374 ANSWER: Respondent denies the allegations and corresponding values set forth in paragraph 17 as untrue. Respondent also states the values set forth by Petitioner are vague.
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18. The values in dispute for the property identified above are: Tax Year True Cash Value State Equalized Taxable Value Value 2026 To Be Determined To Be Determined To Be Determined ANSWER: Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 18 of Petitioner’s Petition, and leaves Petitioner to its proofs. Respondent states that it has established values for property that is the subject of this appeal for tax year 2026 and denies therefore that values in dispute are “to be determined.” See Exhibit A. Respondent further states that the failure to provide a statement of the amount or amounts in dispute is a violation of MTT Rule 233(3)(d). 19. Petitioner requests the following relief (attach additional page if necessary): Petitioner requests reductions in property’s 2026 true cash and taxable values. The property was part of a sale/leaseback financing transaction. This Petition is to protectively challenge the new true cash and taxable values if the exemption of the property is removed. 20. List the separate and specific facts upon which Petitioner relies to support the relief ANSWER: Respondent denies as untrue that there should be any reduction in the 2026 true cash and taxable values and denies as untrue that Petitioner is entitled to any relief whatsoever. Respondent lacks knowledge or information sufficient to form a belief as to the truth of all remaining allegations in paragraph 19 of Petitioner’s Petition, and leaves Petitioner to its proofs. requested (attach additional page if necessary) Petitioner contends that the 2026 true cash and taxable values significantly exceed market value. The property was part of a sale/leaseback financing transaction. This Petition is to protectively challenge the new true cash and taxable values if the exemption of the property is removed. ANSWER: Respondent denies as untrue that 2026 true cash and taxable values exceed market value. Respondent lacks knowledge or information sufficient to form a belief as to the truth of all remaining allegations in paragraph 20 of Petitioner’s Petition, and leaves Petitioner to its proofs.
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RESPONSE TO MULTIPLE PARCEL PETITION FORM 1 OF 2 1. The classification of the property identified herein as established by Respondent’s Board of Review is: Tax Year True Cash Value State Equalized Value Taxable Value ANSWER: Paragraph 1 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 1 of Petition Form 1 of 2, and leaves Petitioner to its proofs. Respondent states that it has established classifications for property that is the subject of this appeal for tax year 2026. See Exhibit A. 2. The values for the property identified herein as established by Respondent’s Board of Review are: Tax Year True Cash Value State Equalized Value Taxable Value
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ANSWER: Paragraph 2 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 2 of Petition Form 1 of 2, and leaves Petitioner to its proofs. Respondent states that it has established values for property that is the subject of this appeal for tax year 2026. See Exhibit A. 3. Petitioner contends that the values for the property identified herein are: Tax Year | Parcel Number True Cash Value | State Equalized Value | Taxable Value 2026 41-14-30-162-001 | 50 25 25 2026 41-14-30-162-002 | 50 25 25 2026 41-14-30-162-003 | 50 25 25 2026 41-14-30-162-004 | 50 25 25 2026 41-14-30-162-005 | 50 25 25 2026 41-14-30-162-006 | 50 25 25 2026 41-14-30-162-007 | 50 25 25 2026 41-14-30-162-008 | 50 25 25 2026 41-14-30-162-009 | 50 25 25 2026 41-14-30-162-010 | 50 25 25 ANSWER: Respondent denies the allegations and corresponding values in paragraph 3 of Petitioner’s Petition Form 1 of 2 as untrue. Respondent also states the values set forth by Petitioner are vague. 4. The values in dispute for the property identified herein are: Tax Year Parcel Number True Cash Value State Equalized Value Taxable Value 2026 41-14-30-162-001 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-002 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-003 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-004 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-005 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-006 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-007 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-008 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-009 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-010 To Be Determined To Be Determined To Be Determined
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ANSWER: Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 4 of Petition Form 1 of 2, and leaves Petitioner to its proofs. Respondent states that it has established values for property under appeal for tax year 2026 and denies therefore that values in dispute are “to be determined.” See Exhibit A. Respondent further states that the failure to provide a statement of the amount or amounts in dispute is a violation of MTT Rule 233(3)(d)- RESPONSE TO MUTIPLE PARCEL PETITION FORM 2 OF 2 1. The classification of the property identified herein as established by Respondent’s Board of Review is: Tax Year True Cash Value State Equalized Value Taxable Value ANSWER: Paragraph 1 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 1 of Petition Form 2 of 2, and leaves Petitioner to its proofs. Respondent states that it has established classifications for property that is the subject of this appeal for tax year 2026. See Exhibit A. 2. The values for the property identified herein as established by Respondents Board of Review are: Tax Year True Cash Value State Equalized Value Taxable Value
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ANSWER: Paragraph 2 has been left blank by Petitioner and therefore no response is required. To the extent a response is required, Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 2 of Petition Form 2 of 2, and leaves Petitioner to its proofs. Respondent states that it has established values for property that is the subject of this appeal for tax year 2026. See Exhibit A. 3. Petitioner contends that the values for the property identified herein are: Tax Year | Parcel Number True Cash Value | State Equalized Value | Taxable Value 2026 41-14-30-162-011 | 50 25 25 2026 41-14-30-162-012 | 50 25 25 2026 41-14-30-162-013 | 50 25 25 2026 41-14-30-162-014 | 50 25 25 2026 41-14-30-162-015 | 50 25 25 ANSWER: Respondent denies the allegations and corresponding values in paragraph 3 of Petitioner’s Petition Form 2 of 2 as untrue. Respondent also states the values set forth by Petitioner are vague. 4. The values in dispute for the property identified herein are: Tax Year Parcel Number True Cash Value State Equalized Value Taxable Value 2026 41-14-30-162-011 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-012 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-013 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-014 To Be Determined To Be Determined To Be Determined 2026 41-14-30-162-015 To Be Determined To Be Determined To Be Determined 10
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ANSWER: Respondent lacks knowledge or information sufficient to form a belief as to the truth of the allegations in paragraph 4 of Petitioner’s Form 2 of 2, and leaves Petitioner to its proofs. Respondent states that it has established values for property under appeal for tax year 2026 and denies therefore that values in dispute are “to be determined.” Exhibit A. Respondent further states that the failure to provide a statement of the amount or amounts in dispute is a violation of MTT Rule 233(3)(d). WHEREFORE, Respondent City of Grand Rapids prays that this Honorable Tribunal dismiss the Petition and award Respondent its costs and attorney fees. CITY OF GRAND RAPIDS, a Michigan municipal corporation Dated: August 6, 2026 By:_/s/ Lee S. Schofield Lee S. Schofield (P62748) Assistant City Attorney Attorney for Respondent 11
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EXHIBIT A
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114 Division Ave N Parcel Number Unit # 2026 TCV 2026 SEV ~~ 2026 TV 41-14-30-162-001 1 0 0 0 *general common element 41-14-30-162-002 2 1,297,404 648,700 648,700 41-14-30-162-003 3 1,127,643 563,800 563,800 41-14-30-162-004 4 677,293 338,600 338,600 41-14-30-162-005 5 1,963,499 981,700 981,700 41-14-30-162-006 6 1,946,476 973,200 973,200 41-14-30-162-007 7 1,953,846 976,900 976,900 41-14-30-162-008 8 1,945,472 972,700 972,700 41-14-30-162-009 9 1,995,472 997,700 997,700 41-14-30-162-010 10 0 0 0 *general common element 41-14-30-162-011 11 1,992,459 996,200 996,200 41-14-30-162-012 12 0 0 0 *general common element 41-14-30-162-013 13 1,996,561 998,300 998,300 41-14-30-162-014 14 0 0 0 *general common element 41-14-30-162-015 15 0 0 0 *general common element Building Total 16,896,125 8,447,800 8,447,800
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BR ol 40418 THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This form is issued under the authority of P A. 208 of 1893, Sec. 211,24 (c) and Sec.211.34c, as emended. FROM PARCEL IDENTIFICATION CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR PARCEL CODE NUMBER: 41-14-30-162-002 300 MONROE AVE NW PROPERTY ADDRESS: GRAND RAPIDS MI 49503 (616) 456-3081 email: assessorgr@greity.us NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: PRINCIPAL RESIDENCE EXEMPTION REIGN CO2 PROPCO LLC ATTN: AT&T GRE LEASE ADMINISTRATION ONE AT&T WAY ROOM $1C26 BEDMINSTER NJ 07921 % Exempt As "Qualified Agricultural Property: 0% 114 N DIVISION AVE 2 % Exempt As "Homeowner's Principal Residence": 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL CONDQMINIU PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem - — NT AMOUNT CHANGE FROM ry natn Ts 9010 Bsus | Veawzom | PRORYEARTO 1. TAXABLE VALUE (Current amount is tentative): 0 648,700 648,700 2. ASSESSED VALUE: 0 648,700 648,700 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 648,700 648,700 5. There WAS/WAS NOT a transfer of ownership on this property in 2025:Was IF THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@agrcity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification
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an - THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This form is issued under the authority of P.A. 206 of 1893, Sec. 211.24 (c) and Sec.211.34c. as amended. ily PARCEL IDENTIFICATION CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR PARCEL CODE NUMBER: 41-14-30-162-003 300 MONROE AVE NW ] GRAND RAPIDS MI 49503 PROPERTY ADDRESS: 114 N DIVISION AVE 3 (616) 456-3081 email: assessorgr@grcity.us 5 a NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: PRINCIPAL RESIDENCE EXEMPTION REIGN CO2 PROPCO LLC ATTN AT&T GRE LEASE ADMINISTRATION ONE AT&T WAY ROOM S1C26 BEDMINSTER NJ 07921 9% Exempt As "Qualified Agricultural Property": 0% % Exempt As “Homeowner's Principal Residence”: 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL CONDQMINIU PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem i — . CHANGE FROM EE a ms | Vea | pmomyowre 1. TAXABLE VALUE (Current amount is tentative): 0 563,800 563,800 2. ASSESSED VALUE: 0 563,800 563,800 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 563,800 563,800 5. There WAS/WAS NOT a transfer of ownership on this property in 2025 :Was IF THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@grcity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification
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THIS IS NOT A TAX BILL ~~, ) 40417 L-4400 Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This form is issued under the authority of P A. 206 of 1893, Sec. 211.24 (¢) and Sec.211.34c. as amended FROM CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR 300 MONROE AVE NW GRAND RAPIDS MI 49503 (616) 456-3081 email: assessorgr@greity.us PARCEL IDENTIFICATION PARCEL CODE NUMBER: 41-14-30-162-004 PROPERTY ADDRESS: 114 N DIVISION AVE 4 NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: REIGN CO2 PROPCO LLC ATTN AT&T GRE LEASE ADMINISTRATION ONE AT&T WAY ROOM $1C26 BEDMINSTER NJ 07921 PRINCIPAL RESIDENCE EXEMPTION % Exempt As "Homeowner's Principal Residence”: 0% 9% Exempt As "Qualified Agricultural Property": 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL COND( PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem CHANGE FROM a le Edn | owas | Ceol 1. TAXABLE VALUE (Current amount is tentative): 0 338,600 338,600 2. ASSESSED VALUE: 0 338,600 338,600 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 338,600 | 338,600 5. There WAS/WAS NOT a transfer of ownership on this property in 2025:Was JF THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 S Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@agreity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessor's Review from February 2 through February 13, 2026. Appeals must Assessment records may be examined during the Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification tate be postmarked or received in the Assessor's MINIU
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40416 THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This form is issued under the autharity of P.A. 206 of 1893, Sec. 211 24 (c) and Sec.211.34c, as amended. FROM PARCEL IDENTIFICATION CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR PARCEL CODE NUMBER: 41-14-30-162-005 300 MONROE AVE NW . GRAND RAPIDS MI 49503 PROPERTY ADDRESS: (616) 456-3081 114 N DIVISION AVE 5 email: assessorgr@greity.us NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: PRINCIPAL RESIDENCE EXEMPTION REIGN CO2 PROPCO LLC ATTN AT&T GRE LEASE ADMINISTRATION 9% Exempt As "Homeowner's Principal Residence”: 0% ONE AT&T WAY RM S1C26 BEDMINSTER NJ 07921 % Exempt As "Qualified Agricultural Property": 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL CONDQMINIU PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem } — CHANGE FROM Em a 0 Th | ERma | mover 1. TAXABLE VALUE (Current amount is tentative): 0 981,700 981,700 2. ASSESSED VALUE: 0 981,700 981,700 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 981,700 981,700 5. There WAS/WAS NOT a transfer of ownership on this property in 2025 ‘Was JF THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@grcity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this. deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification
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N 40017 THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This form is issued under the authority of PA. 206 of 1893, Sec. 211.24 (¢) and Sec.211.34c, as amended FROM PARCEL IDENTIFICATION CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR PARCEL CODE NUMBER: 41-14-30-162-006 300 MONROE AVE NW ; GRAND RAPIDS MI 49503 PROPERTY ADDRESS: 114 N DIVISION AVE 6 (616) 456-3081 email: assessorgr@grcity.us NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: PRINCIPAL RESIDENCE EXEMPTION REIGN CO2 PROPCO LLC ATTN AT&T GRE LEASE ADMINISTRATION ONE AT&T WAY ROOM S$1C26 BEDMINSTER NJ 07921 % Exempt As "Qualified Agricultural Property”: 0% % Exempt As "Homeowner's Principal Residence": 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL CONDQMINIU PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem . . . CHANGE FROM Togo mo ton te 0 rl IEP el CE 1. TAXABLE VALUE (Current amount is tentative): 0 973,200 973,200 2. ASSESSED VALUE: 0 973,200 973,200 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 | 973,200 973,200 5. There WAS/WAS NOT a transfer of ownership on this property in 2025:Was IE THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@agrcity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification
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) THIS IS NOT A TAX BILL Et Y 40417, L-4400 Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This form is issued under the aulhority of P.A. 206 of 1893, Sec. 211.24 (c) and Sec.211.34c. as amended. FROM CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR 300 MONROE AVE NW GRAND RAPIDS MI 49503 (616) 456-3081 email: assessorgr@greity.us PARCEL IDENTIFICATION PROPERTY ADDRESS: 114 N DIVISION AVE 7 PARCEL CODE NUMBER: 41-14-30-162-007 NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: REIGN CO2 PROPCO LLC ATTN AT&T GRE LEASE ADMINISTRATION ONE AT&T WAY ROOM 81C26 BEDMINSTER NJ 07921 4 Exempt As "Qualified Agricultural Property”: 0% PRINCIPAL RESIDENCE EXEMPTION 9, Exempt As "Homeowner's Principal Residence”: 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL COND( PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem CHANGE FROM er mire TERR | BRE | motvesre 1. TAXABLE VALUE (Current amount is tentative): 9,571 976,900 967,329 2. ASSESSED VALUE: 19,400 976,900 957,500 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 19,400 976,900 957,500 5. There WAS/WAS NOT a transfer of ownership on this property in 2025:Was IF THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. R The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@agreity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification must be postmarked or received in the Assessor's MINIU
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ZI li THIS IS NOT A TAX BILL Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This farm is Issued under the authority of P.A. 206 of 1893, Sec. 211.24 (c) and Sec.211.34c, as amended. 40417 L-4400 FROM CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR 300 MONROE AVE NW GRAND RAPIDS MI 49503 (616) 456-3081 email: assessorgr@agrcity.us PARCEL IDENTIFICATION PROPERTY ADDRESS: 114 N DIVISION AVE 8 PARCEL CODE NUMBER: 41-14-30-162-008 NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: REIGN CO2 PROPCO LLC ATTN AT&T GRE LEASE ADMINISTRATION ONE AT&T WAY ROOM §1C26 BEDMINSTER NJ 07921 % Exempt As "Qualified Agricultural Property": 0% PRINCIPAL RESIDENCE EXEMPTION % Exempt As "Homeowner's Principal Residence": 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL COND( PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem : . N CHANGE FROM al tl 1. TAXABLE VALUE (Current amount is tentative): 0 972,700 972,700 2. ASSESSED VALUE: 0 972,700 972,700 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 972,700 972,700 5. There WAS/WAS NOT a transfer of ownership on this property in 2025:Was |F THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 202 your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year, decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 5, your 2026 Taxable Value is calculated by multiplying ). Physical changes in your property may also increase or The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@grcity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Prope Ownership may be appealed by filing a petition with the Assessor. Assessmen Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this rty Classification, or the Transfer of t records may be examined during the deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by first served basis. Appeals to the Board of Review are availability of the Board of Review and granted on a first come, limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification MINIU
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40417 THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This form is issued under the autharity of P A. 206 of 1893, Sec. 211 24 (c) and Sec.211.34c, as amended. FROM PARCEL IDENTIFICATION CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR 300 MONROE AVE NW GRAND RAPIDS MI 49503 REOREREY/ADDRESS: (616) 456-3081 114 N DIVISION AVE 9 email: assessorgr@arcity.us AME AND ADDRESS OF OWNER PERSON NAME! ASSESSME! LL: N & DIONASSESSHENTIRD PRINCIPAL RESIDENCE EXEMPTION REIGN CO2 PROPCO LLC ATTN AT&T GRE LEASE ADMINISTRATION ONE AT&T WAY ROOM S1C26 BEDMINSTER NJ 07921 9% Exempt As "Qualified Agricultural Property": 0% PARCEL CODE NUMBER: 41-14-30-162-009 9% Exempt As “Homeowner's Principal Residence": 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL CONDQMINIU PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem a. CHANGE FROM a a eter VATS 8 a 1. TAXABLE VALUE (Current amount is tentative): 0 997,700 997,700 2. ASSESSED VALUE: 0 997,700 997,700 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 | 997,700 897,700 5. There WAS/WAS NOT a transfer of awnership an this property in 2025 ‘Was |F THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@greity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meetin Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification
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40415 THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification January 16, 2026 This form is issued under the authority of P.A. 206 of 1893, Sec. 211.24 (c) and Sec.211.34c, as amended. FROM PARCEL IDENTIFICATION CITY OF GRAND RAPIDS PARCEL CODE NUMBER: 41-14-30-162-011 OFFICE OF CITY ASSESSOR 300 MONROE AVE NW GRAND RAPIDS MI 49503 PROFERTHADDEESS: 114 N DIVISION AVE 11 (616) 456-3081 email: assessorgr@grcity.us NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: PRINCIPAL RESIDENCE EXEMPTION REIGN CO2 PROPCO LLC - AT&T GRE LEASE ADMINISTRATION % Exempt As "Homeowner's Principal Residence": 0% ONE AT&T WAY ROOM S1C26 BEDMINSTER NJ 07921 9% Exempt As "Qualified Agricultural Property": 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL CONDQMINIU PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem ! A CHANGE FROM ey eo Ml ote go Eas" | Yew | emoRYeawro 1. TAXABLE VALUE (Current amount is tentative): 0 996,200 996,200 2. ASSESSED VALUE: 0 996,200 996,200 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 996,200 996,200 5. There WAS/WAS NOT a transfer of ownership on this property in 2025 :Was IE THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@grcity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification
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~ “= 40417, THIS IS NOT A TAX BILL L-4400 Notice of Assessment, Taxable Valuation, and Property Classification This form is issued under the authority of P.A. 206 of 1893, Sec. 211.24 (c) and Sec.211.34c. as amended. January 16, 2026 FROM PARCEL IDENTIFICATION CITY OF GRAND RAPIDS OFFICE OF CITY ASSESSOR PARCEL CODE NUMBER: 41-14-30-162-013 RO AE PROPERTY ADDRESS: GRAND RAPIDS MI 49503 (616) 456-3081 email: assessorgr@grcity.us NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: PRINCIPAL RESIDENCE EXEMPTION REIGN CO2 PROPCO LLC ATTN AT&T GRE LEASE ADMINISTRATION ONE AT&T WAY ROOM S1C26 BEDMINSTER NJ 07921 % Exempt As "Qualified Agricultural Property”: 0% 114 N DIVISION AVE 13 9% Exempt As "Homeowner's Principal Residence™ 0% ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 207 COMMERCIAL CONDOMINIUMS COMMERCIAL CONDQMINIU PRIOR YEAR'S CLASSIFICATION: 207 COMMERCIAL CONDOMINIUMS Ad Valorem N © . T CHANGE FROM any 7 re 00 ROMO | CUR | FoRveRRTo 1. TAXABLE VALUE (Current amount is tentative): 0 998,300 998,300 2. ASSESSED VALUE: 0 998,300 998,300 3. TENTATIVE EQUALIZATION FACTOR: 1.0000 4. STATE EQUALIZED VALUE (Current amount is tentative): 0 998,300 998,300 5. There WAS/WAS NOT a transfer of ownership on this property in 2025 :Was IF THERE WAS A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value will be the same as your 2026 State Equalized Value. IF THERE WAS NOT A TRANSFER OF OWNERSHIP on your property in 2025, your 2026 Taxable Value is calculated by multiplying your 2025 Taxable Value by 1.027 (Inflation Rate Multiplier for the current year). Physical changes in your property may also increase or decrease your Taxable Value. Your 2026 Taxable Value cannot be higher than your 2026 State Equalized Value. The 2026 Inflation Rate Multiplier is: 1.027 The Change in Assessed Value is due to the following: From Exempt The Interim Assessor of record is L. Post. Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Assessor's Office by calling (616) 456-3081 or emailing: assessorgr@grcity.us. Assessment Appeal Information: The Taxable Value, the Assessed Value, the State Equalized Value, the Property Classification, or the Transfer of Ownership may be appealed by filing a petition with the Assessor. Assessment records may be examined during the Assessor's Review from February 2 through February 13, 2026. Appeals must be postmarked or received in the Assessor's Office by 5:00 PM on February 13. There are no exceptions to this deadline. Appeal forms are available at the Assessor's Office or on the City website at www.grandrapidsmi.gov/ARAppeal. Petitioner will be notified by mail of the Assessor's decision. Petitioner may appeal the Assessor's decision to the Board of Review by letter or appointment. The Board of Review will meet in Room 360 of City Hall from March 3 through March 20, 2026 by appointment only. Appointments are scheduled by availability of the Board of Review and granted on a first come, first served basis. Appeals to the Board of Review are limited to only those owners who appealed 2026 assessments to the Assessor. See other side for guidance regarding the Notice of Assessment, Taxable Valuation, and Property Classification
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PROOF OF SERVICE Alma Echeverria, being first duly sworn, deposes and says that she is a Legal Secretary in the Office of the City Attorney, attorneys for Respondent herein, and that on August 6, 2026, she served true and complete copies of Respondents Appearance and Answer to Petition via first class mail and email, upon: Ted Kuch Kroll, LLC 285 Fulton Street, 31st Floor New York, NY 1007 Ted.kuch@kroll.com /s/ Alma Echeverria Alma Echeverria 12