Stipulation for Consent Judgment.pdf
Royal Oak Superior Hospitality LLC, Petitioner Vs. City Of Royal Oak, Respondent · 25-002493-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL Royal Oak Superior Hospitality LLC, Petitioner, v City of Royal Oak, Respondent. Docket No. 25-002493 _____________________________________________________________________________/ JOEL F. YONO (P67503) Attorney for Petitioner 985 Entrance Auburn Hills, MI 483226 (248) 419-5556 LAURA M. HALLAHAN (P42101) SETH A. O’LOUGHLIN (P80257) KELSEA M. MELCHER (P85821) HALLAHAN & ASSOCIATES, P.C. Attorneys for Respondent 1750 S. Telegraph Road, Suite 202 Bloomfield Hills, MI 48302 (248) 731-3089 _____________________________________________________________________________/ STIPULATION FOR ENTRY OF CONSENT JUDGMENT; MOTION TO AMEND TO INCLUDE 2025 TAX YEAR 1. The case is pending in the __X__ Entire Tribunal ___ Small Claims Division. 2. Property Parcel No: 72-20-32-301-034 3. The property is located at: 5125 Meijer Drive 4. The 2025 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 2025 $4,728,300 $2,364,150 $2,364,150 5. The 2025 and 2025 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 2025 $4,200,000 $2,100,000 $2,100,000
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MTT Docket No. 25-002493 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. Petitioner hereby waives interest attributable to the reduction for all taxing authorities. Signature of Petitioner’s Authorized Representative or, if none, Petitioner: //s// Joel F. Yono __________________ Joel F. Yono Signature of Respondent’s authorized representative: //s// Laura M. Hallahan Laura M. Hallahan