JOT II - Halsted Farmington - executed stipulation.pdf
Jot II, LLC, Petitioner Vs. City Of Farmington Hills, Respondent · 25-001763-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL JOT II, LLC, and Halsted Farmington, LLC Petitioners, MTT Docket No. 25-001763 v Parcel # 22 23 18 200 008 City of Farmington Hills, Respondent. _____________________________/ STIPULATION FOR ENTRY OF CONSENT JUDGMENT AND CONSENT JUDGMENT 1. The case is pending in the Entire Tribunal. 2. The subject property is in Oakland County. 3. The subject property parcel number is 22 23 18 200 008. 4. The values for the properties identified above as established by Respondent’s Board of Review are: Tax year True Cash Value Assessed Value Taxable Value 2025 4,422,660 2,211,330 1,952,620 5. The values for the property identified above as stipulated by the parties for settlement purposes are: Tax year True Cash Value Assessed Value Taxable Value 2025 2,200,000 1,100,000 1,100,000 6. If this 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 years (attach additional page if necessary): 7. List all reasons (with explanation) why the stipulation’s taxable value does not equal the prior year TV multiplied by the applicable inflation rate. (e.g. transfer of ownership, additions, losses, omitted property etc . . .)
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8. List 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): Petitioner waives the interest that may otherwise be due on any refund. Any refund will be made payable to “Halsted Farmington LLC and Peter Ellenson PC” and mailed to counsel, Peter Ellenson, 30500 Northwestern Highway, Suite 500, Farmington Hills, MI 48334. Petitioner may communicate directly with municipal and county treasurers to effectuate this provision. Signature of Petitioner’s Authorized Representative: /s/ Peter Ellenson __________________________________________________________________ Printed Name: Peter Ellenson, Petitioner’s Representative Date: October 9, 2025 Signature of Respondent’s Authorized Representative: __________________________________________________________________ Printed Name: Debra Walling, Respondent’s Representative Date: /s/ Debra A. Walling October 13, 2025