Macatawa Bank.pdf

Macatawa Bank, Petitioner Vs. Township Of Cascade, Respondent · 25-002792-TT

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RECEIVED 

JUN 04 2025 

gray, 

ayes 

MICHIGAN Tax TRIBUNAL 

STATE OF MICHIGAN 

GRETCHEN WHITMER 

DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS 

MARLON 

I. BROWN, DPA 

GOVERNOR 

LANSING 

DIRECTOR 

MACATAWA BANK, N.A. 

MICHIGAN TAX TRIBUNAL 

Petitioner(s) 

MTT Docket No. 

CASCADE CHARTER TOWNSHIP 

Respondent(s) 

ENTIRE TRIBUNAL PROPERTY TAX PETITION 

1 

Property Parcel No: 41-19-17-229-003 

(If more than one parcel is at issue, attach a completed Multiple Parcel Petition 

Form addressing all other parcels at issue.) 

2. 

The property identified above is 

X real 

___ personal. 

3. 

If more than one parcel of real property is under appeal, are the properties 

contiguous? ___ Yes ___ No. 

(If no, separate Petitions are required for each non- 

contiguous parcel.) 

4, 

Are all of the parcels of personal property located on a parcel of real property 

under appeal? Yes __ 

No. 

(If no, separate Petitions are required for each 

parcel of personal property not located on a parcel of real property under 

appeal.) 

5. 

If parcels of personal property are under appeal, when were the personal 

property statements filed by parcel number (attach additional page if necessary): 

N/A 

6. 

The property identified above is classified as 201 Commercial-Improved

MTT Docket No. 

Page 2 of 4 

8. 

10. 

11. 

12. 

13. 

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): 

N/A 

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): 

Appeal is timely. 

The property or properties at issue are located in Kent 

County. The 

property or properties’ address is: 

6380 28th Street SE, Grand Rapids, Michigan 49546 

The assessment or assessments at issue were established by the (applicable 

local governmental unit). Cascade Charter Township 

Petitioner's legal residence or principal office address is: 

10753 Macatawa Drive, Holland, Michigan 49424 

This appeal involves issues relating to the (check all that are applicable): 

the property or properties’ true cash and taxable values 

X 

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 

X 

No 

uniformity of the property or properties’ assessment

MTT Docket No. 

Page 3 of 4 

15. 

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): 

N/A 

16. 

The values for the property identified above as established by Respondent's 

Board of Review are: 

Tax Year 

True Cash Value 

Assessed Value 

Taxable Value 

2025 

$950,800.00 

$475,400.00 

$475,400.00 

17. 

Petitioner contends that the values for the property identified above are: 

Tax Year 

True Cash Value 

State Equalized Value 

Taxable Value 

2025 

$950,800.00 

$475,400.00 

$466,121.00 

18. 

The values in dispute for the property identified above are: 

Tax Year 

True Cash Value 

State Equalized Value 

Taxable Value 

2025 

$0.00 

$0.00 

$9,279.00 

19. 

Petitioner requests the following relief (attach additional page if necessary): 

Reinstatement of "cap" on the Property's Taxable Value. Please see attachment for 

additional information.

MTT Docket No. 

Page 4 of 4 

sggaursalsiiiners hazed Representative or, if none, Petitioner: 

Wa 

7 

Printed Name of Petitioner's Authorized Representative or, if none, Petitioner: 

Peter D. Rhoades, Rhoades McKee PC 

Email Address: pdrhoades@rhoadesmckee.com 

Mailing Address: 

Rhoades McKee PC 

PO Box 2271 

Holland 

MI 49422 

Telephone Number: (616) 233-5237 

Date: 

Me, 

24, WIS

STATE OF MICHIGAN 

DEPARTMENT OF LICENSING & REGULATORY AFFAIRS 

MICHIGAN TAX TRIBUNAL 

MACATAWA BANK, N.A., 

a national banking association 

Petitioner, 

MTT Docket No. 

Vs. 

CASCADE CHARTER TOWNSHIP, 

Respondent. 

Peter D. Rhoades (P49515) 

Jonathon J. Andersh (P81965) 

Rhoades McKee PC 

Attorneys for Petitioner 

PO Box 2271 

Holland, MI 49422 

(616) 233-5237 

pdrhoades@rhoadesmckee.com 

ATTACHMENT TO ENTIRE TRIBUNAL PROPERTY TAX PETITION 

Petitioner, through its attorneys, Rhoades McKee PC, petitions this Tribunal as follows: 

1. 

Petitioner, Macatawa Bank, N.A. (“Bank”), 

is 

a national banking association, with an 

address of 10753 Macatawa Drive, Holland, Michigan 49424. 

2. 

Petitioner owns certain property with Property Parcel No. 41-19-17-229-003, commonly 

known as 6380 28" Street SE, Grand Rapids, Michigan 49546 (the “Property”). The Property is 

classified as 201: Commercial-Improved, Real Property.

5. 

This matter involves Respondents decision to uncap the taxable value of the Property for 

the 2025 tax year. 

Petitioner disputes Respondent’s decision to uncap the taxable value of the 

Property. 

There is otherwise not a dispute relative to valuation, assessment or the value of any 

addition or loss. 

6. 

Respondent initially issued its 2025 Notice of Assessment indicating that there was not a 

transfer of ownership of the Property in 2024. 

7. 

While Petitioner did not appeal to the 2025 March Board of Review, Respondent issued a 

2025 Board of Review Decision citing a “delayed uncapping,” thereby adjusting the taxable 

value of the Property so as to “uncap” its taxable value, increasing such amount by $23,294.00 or 

5.15% over the previous year’s taxable value. 

8. 

Petitioner did not execute and record a deed or similar instrument conveying title to the 

Property in 2024, but Petitioner assumes that Respondent decided to uncap the taxable value of 

the Property following 

the merger transaction involving Macatawa Bank Corporation and 

Wintrust Financial Corporation that closed on August 1, 2024 (the “Transaction™). 

9. 

The Transaction involved 

the merger 

of Macatawa Bank Corporation, 

a Michigan 

corporation (“Bank Corp™), into a wholly-owned subsidiary of Wintrust Financial Corporation, 

an Illinois corporation (“Wintrust™). 

Bank Corp was the parent company of Petitioner, 

The 

Transaction did not cause a change in Petitioner, but a change in Petitioner’s parent company. 

10. 

The Transaction was completed as a tax-free reorganization under Section 368(a) of the 

Internal Revenue Code of 1986 (the “IRC”).

12. 

The Transaction did not cause a “transfer of ownership” of the Property, as that phrase is 

defined and used 

in the Michigan General Property Tax Act, because the Transaction was 

completed 

as 

a 

tax-free 

reorganization 

under 

Section 

368(a) 

of the 

IRC. 

Under MCL 

211.27a(7)(n), 

any direct 

or indirect transfer of property resulting from 

a transaction that 

qualifies as a tax-free reorganization under Section 368(a) of the IRC does not cause a “transfer 

of ownership.” 

13. 

Without a transfer of ownership occurring, Respondent was not permitted to adjust the 

taxable value of the Property by more than an amount equal to the lesser of 1.05 or the inflation 

rate. MCL 211.27a(2)(a). 

14. 

Petitioner now requests 

that 

the Tribunal 

enter an order reinstating the cap on the 

Property’s taxable value, establishing the taxable value of the Property for the 2025 tax year as 

$466,121.00. 

Respectfully submitted, 

Dated: 

May 29, 2025 

RHOADES McKEE PC 

Attorneys for Petitioner 

By: 

Fd 

Perter D. Rhoades (P49515) 

PO Box 2271 

Holland, MI 49422 

(616) 233-5237 

pdrhoades@rhoadesmckee.com

Hitigan Depaimens of Treasury, 

THIS 

1S 

NOT 

A TAX 

BILL 

L-4400 

Notice of Assessment, Taxable Valuation, and Property Classification 

mn 

This form is issued under the authority of PA. 206 of 1893, Sec. 211.24 (c) and Sec.211.34c, as amanded. 

This is a model assessment notice to be used by the focal assessor. 

FROM 

PARCEL IDENTIFICATION 

CASCADE CHARTER TOWNSHIP 

C/O ASSESSING DEPARTMENT 

PARCEL NUMBER: 

41-19-17-229-003 

5920 TAHOE DR SE 

GRAND RAPIDS, Mi 49546 

PROPERTY ADDRESS: 

6380 28TH ST SE 

GRAND RAPIDS, Ml 49546 

PRINCIPAL RESIDENCE EXEMPTION 

OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL: 

794 

% Exempt As "Homeowners Principal Reside 

00% 

% Exempt As "Qualified Agricultural Property 

00% 

% Exempt 

As "MBT Industrial Personal”: 

.00% 

MACATAWA BANK 

" 

; 

9 

10573 MACATAWA DRIVE 

% Exempt 

As "MBT Commercial Personal™: 

00% 

HOLLAND, 

MI 

49423 

Exempt As "Qualified Forest Property” 

[} Yes 

[X] No 

Exempt 

As “Development Property: 

[J Yes 

 [X] No 

LEGAL DESCRIPTION: 

411917229003 UNIT 3 * CASCADE MARKET PLACE KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.746 INSTRUMENT 

NO.20050614-0069327 AS AMENDED BY REPLAT NO.1 INSTRUMENT NO.20070102-0000046 & AS AMENDED BY REPLAT NO. 

ACCORDING TO MCL. 211.34c THIS PROPERTY IS CLASSIFIED AS: 

201 

Commercial 

PRIOR YEAR'S CLASSIFICATION: 

201 

Commercial 

CHANGE FROM 

PRIOR AMOUNT 

CURRENT TENTATIVE 

PRIOR YEAR TO 

YEAR: 

2024 

AMOUNT YEAR: 

2028 

CURRENT YEAR 

1. TAXABLE VALUE: 

452,108 

466,121 

14,015 

2. ASSESSED VALUE: 

476,700 

475,400 

-1,300 

3. TENTATIVE EQUALIZATION FACTOR: 

1.000 

: 

4. STATE EQUALIZED VALUE (SEV); 

476.700 

475.400 

-1,300 

5. There WAS or WAS NOT a transfer of ownership on this property in 2024 

WAS NOT 

6. Assessor Change Reason(s): 

Market Adjustment 

The 2025 Inflation rate Multiplier is: 1.031 

Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed ta the Following: 

Name: 

Phone: 

Email Address: 

JENNIFER L. GENTER 

(616) 949-6176 

JGENTER@CASCADETWP.COM 

March Board of Review Appeal Information: 

THE MARCH BOARD OF REVIEW WILL BE HELD ON MARCH 10 AND 11, 2025.

03/19/2025 

12:08 

PM 

2025 BOARD OF REVIEW DECISION 

FROM 

CASCADE CHARTER TOWNSHIP 

C/O ASSESSING DEPARTMENT 

5920 TAHOE DR SE 

GRAND RAPIDS, MI 49546 

NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: 

PROPERTY IDENTIFICATION: (Parcel Code required. Property address 

and legal description optional.): 

41-19-17-229-003 

6380 28TH ST SE 

MACATAWA BANK 

411917229003 UNIT 3 * CASCADE MARKET PLACE KENT 

10573 MACATAWA DRIVE 

COUNTY CONDOMINIUM SUBDIVISION PLAN NO.746 

HOLLAND, MI 49423 

INSTRUMENT NO.20050614-0069327 AS AMENDED BY 

REPLAT NO.T INSTRUMENT NO.20070102-6000046 & AS 

AMENDED BY REPLAT NO.2 INSTRUMENT NO.20171204- 

0100972 SPLIT ON 08/09/2005 FROM 41-19-17-226-003, 41-19-1 

THIS PROPERTY IS CLASSIFIED 

201 (COMMERCIAL-IMPROVED) 

Thank you for attending this years March Board of Review. The Board has reviewed the information you supplied and the data necessary 

to compute your assessment and taxable value. 

The Board has completed their review of parcel number 41-19-17-229-003 

They have made the following determination based on the information you supplied. 

Board of Review Comments 

DELAYED UNCAPPING FROM 8/01/2024 TRANSFER 

— 

LS 

[2025 ORIGINAL ASSESSED VALUE 

475,400 

| 

[2025 

"BOARD OF REVIEW" ASSESSED VALUE 

* 

475,400 

| 

(If the above amounts are the same, no revisions have occured) 

[2025 

ORIGINAL TAXABLE VALUE 

466,121 

| 

[2025 

"BOARD OF REVIEW" TAXABLE VALUE 

475,400 

l2025 

PRINCIPAL RESIDENCE EXEMPTION/QUALIFIED AG 

0.0000 

| 

Please feel free to contact the assessor at the address listed above or call if you have any questions. 

"Effective March 1, 2013, the Tribunal is no longer able to accept Small Claims letter appeals. Rather, you are required to file a petition to 

initiate a new Small Claims appeal. Petition forms are available on this website." 

http:/iwww. 

michigan. gov/taxtrib/0,4677,7-187-38254---,00 

html

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:

rhoades P.O. Box 2271

© mckee Holland, MI 49422

attorneys

Michigan Tax Tribunal

PO Box 30232

Lansing, Michigan 48909

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