Stipulation for Consent Judgment.pdf
Romulus Development LLC, Petitioner Vs. City Of Sterling Heights, Respondent · 24-004182-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL ROMULUS DEVELOPMENT, LLC, Petitioner, vs. CITY OF STERLING HEIGHTS, Respondent. MTT Docket No. 24-004182 _____________________________________________________________________________/ LAURA M. HALLAHAN (P42101) HALLAHAN & ASSOCIATES, P.C. Attorney for Petitioner 1750 S. Telegraph Road, Suite 202 Bloomfield Hills, MI 48302 (248) 731-3089 MARC D. KASZUBSKI (P60333) O’REILLY RANCILIO P.C. Attorney for Respondent 12900 Hall Road, Suite 350 Sterling Heights, MI 48313-1151 (586) 726-1000 _____________________________________________________________________________/ STIPULATION FOR ENTRY OF CONSENT JUDGMENT 1. The case is pending in the __X__ Entire Tribunal ___ Small Claims Division. 2. Property Parcel No: 10-10-26-477-041 3. The property is located at: 13255 15 Mile Road, Sterling Heights, Macomb County, MI 48312. 4. The 2024 values for the property identified above as established by Respondent’s Board of Review are: (TCV=true cash value, AV=assessed value, TV=taxable value) Year Original TCV Original AV Original TV 2024 $4,720,000 $2,360,000 $2,360,000 5. The 2024 values for the property identified above as stipulated by the parties for settlement purposes are: (TCV=true cash value, SEV=state equalized value, TV=taxable value) Year Revised TCV Revised SEV Revised TV 2024 $4,720,000 $2,360,000 $1,110,822
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MTT Docket No. 24-004182 Stipulation for Entry of Consent Judgment, Page 2 of 2 6. If stipulation addresses 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): ____________________________________________________ 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): The parties agree that the stipulation regarding the subject property’s assessed and taxable values is strictly for settlement purposes only, and only for the years involved, and for no other purpose whatsoever. Refunds shall be made payable to Petitioner and Petitioner’s counsel Hallahan & Associates, P.C. and sent in care of Petitioner’s counsel Hallahan & Associates, P.C., to: 1750 Telegraph Road, Suite 202, Bloomfield Hills, Michigan 48302-2082. Petitioner hereby waives interest attributable to the reduction for all taxing authorities. Signature of Petitioner’s Authorized Representative or, if none, Petitioner: //s// Laura M. Hallahan Laura M. Hallahan Signature of Respondent’s authorized representative: //s// Marc D. Kaszubski Marc D. Kaszubski