Stipulation for Consent Judgment (exec).pdf
Center Drive Theater LLC Petitioner Vs. Township Of Commerce Respondent · 26-000444-TT
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STATE OF MICHIGAN DEPARTMENT OF LICENSING & REGULATORY AFFAIRS MICHIGAN TAX TRIBUNAL CENTER DRIVE THEATER LLC, Petitioner, vs. CHARTER TOWNSHIP OF COMMERCE, Respondent. MTT Docket No. 26-000444 _____________________________________________________________________________/ LAURA M. HALLAHAN (P42101) HALLAHAN & ASSOCIATES, P.C. Attorneys for Petitioner 1750 S. Telegraph Road, Suite 202 Bloomfield Hills, MI 48302 (248) 731-3089 G. HANS RENTROP (P65121) JOHN W. KUMMER (P79967) ADKISON, NEED, ALLEN & RENTROP, PLLC Attorneys for Respondent 39572 Woodward Ave., Suite 222 Bloomfield Hills, MI 48304 (248) 540-7400 _____________________________________________________________________________/ STIPULATION FOR ENTRY OF CONSENT JUDGMENT 1. The case is pending in the _X__ Entire Tribunal ___ Small Claims Division. 2. Property Parcel No: E-17-36-400-027 3. The property is located at: 3033 Spring Vale Rd, Commerce Township, Oakland County, MI. 4. The 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) Tax Year Original TCV Original AV Original TV 2026 $8,918,600 $4,459,300 $4,459,300 5. The 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) Tax Year Revised TCV Revised SEV Revised TV 2026 $5,500,000 $2,750,000 $2,750,000
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MTT Docket No. 26-000444 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. CALCULATIONS OF THE REFUND AMOUNT SHALL ALSO BE SENT TO PETITIONER’S COUNSEL AT THE SAME ADDRESS. 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/ John W. Kummer John W. Kummer