Full record / Monroe Capital Holdings LLC MTT# 24-00468 prehearing statement.pdf

Monroe Capital Holdings LLC MTT# 24-00468 prehearing statement.pdf

Monroe Capital Holding LLC, Petitioner Vs. City Of Detroit, Respondent · 24-004068-TT

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Page 1

STATE OF MICHIGAN 

DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS 

MICHIGAN TAX TRIBUNAL 

 

Petitioner: 

MONROE CAPITAL HOLDINGS LLC 

v 

Respondent: CITY OF DETROIT 

 

MTT Docket No.: 24-004068 

 

Petitioner’s Prehearing Statement 

 

Respondent’s Prehearing Statement 

 

Petitioner’s representative: 

 

Jerome Morgan 

 

 

 

 

 

15450 Dale Street 

 

 

 

 

 

Detroit, MI. 48223 

 

 

 

 

 

(313) 363-1682 

kenlallen33@gmail.com 

 

Respondent’s representative: 

Kevin C Richard (P43417) 

 

City of Detroit Law Department 

 

Coleman A Young Municipal Center 

 

2 Woodward Avenue, Suite 500 

 

Detroit, Michigan 48226 

 

(313) 237-3061 

 

richkc@detroitmi.gov 

 

I. 

VALUATION INFORMATION: 

A. The true cash value (TCV), assessed value (AV), and taxable value (TV) for each 

parcel and tax year at issue as established by the Boards of Review: 

Parcel Number 

Year 

TCV 

AV 

TV 

21043743.018 

2023 

$500,200 

$250,100 

$48,851 

21043743.018 

2024 

$534,000 

$267,000 

$51,293 

21043743.021 

2023 

$487,200 

$243,600 

$47,665 

21043743.021 

2024 

$520,200 

$260,100 

$50,048 

21043743.022 

2023 

$413,800 

$206,900 

$43,753 

21043743.022 

2024 

$441,600 

$220,800 

$45,940 

 

B. Respondent’s contentions of TCV, state equalized value (SEV), and TV for each 

parcel and tax year at issue: 

Parcel Number 

Year 

TCV 

SEV 

TV 

21043743.018 

2023 

$500,200 

$250,100 

$48,851 

21043743.018 

2024 

$534,000 

$267,000 

$51,293 

21043743.021 

2023 

$487,200 

$243,600 

$47,665 

21043743.021 

2024 

$520,200 

$260,100 

$50,048 

21043743.022 

2023 

$413,800 

$206,900 

$43,753 

21043743.022 

2024 

$441,600 

$220,800 

$45,940

Page 2

MTT Docket No.: 24-004068 

Respondent’s Prehearing Statement, Page 2 of 5 

 

 

C. Petitioner’s contentions of TCV, SEV, and TV for each parcel and tax year at issue 

(per Petitioner’s Petition and Motions to Amend, if applicable): 

Parcel Number 

Year 

TCV 

SEV 

TV 

21043743.018 

2023 

$500,200 

$250,100 

$48,851 

21043743.018 

2024 

$534,000 

$267,000 

$51,293 

21043743.021 

2023 

$487,200 

$243,600 

$47,665 

21043743.021 

2024 

$520,200 

$260,100 

$50,048 

21043743.022 

2023 

$413,800 

$206,900 

$43,753 

21043743.022 

2024 

$441,600 

$220,800 

$45,940 

 

D. Amounts in dispute for the tax year(s) at issue: 

Parcel Number 

Year 

TCV 

SEV 

TV 

21043743.018 

2023 

$0 

$0 

$0 

21043743.018 

2024 

$0 

$0 

$0 

21043743.021 

2023 

$0 

$0 

$0 

21043743.021 

2024 

$0 

$0 

$0 

21043743.022 

2023 

$0 

$0 

$0 

21043743.022 

2024 

$0 

$0 

$0 

 

I. 

TAX INFORMATION: 

A. Have taxes been paid for each property for each tax year at issue? 

☒ Yes 

☐ No 

III. 

FACTUAL STATEMENT OF CLAIMS: 

A. Describe any additions or losses for each property for each tax year at issue (by 

parcel number and tax year): 

 

Respondent is unaware of any additions or losses to the subject property for the tax 

year at issue. 

B. Classification of each property for each tax year at issue (by parcel number): 

 

 

21043743.018 

2023 

residential condominium 

 

 

21043743.018 

2024 

residential condominium 

 

 

21043743.021 

2023 

residential condominium 

 

 

21043743.021 

2024 

residential condominium 

 

 

21043743.022 

2023 

residential condominium 

 

 

21043743.022 

2024 

residential condominium

Page 3

MTT Docket No.: 24-004068 

Respondent’s Prehearing Statement, Page 3 of 5 

 

 

C. Current use of each property for each tax year at issue, if different than above (by 

parcel number): 

Not applicable. 

D. Contention of highest and best use for each property for each tax year at issue, if 

different than property’s current use for each tax year at issue (by parcel number): 

Not applicable. 

E. 

Your factual statement of claims in support of your contentions, including additions 

and losses, if any (i.e., what facts are you relying on in support of your claim or defense?): 

Respondent contends the subject properties were errantly uncapped, however, were 

subsequently recapped by Respondent’s Board of Review as indicated by the attached 

parcel record cards for each of the subject properties. 

F. 

If non-uniformity of assessment is alleged, what evidence will you rely upon in 

support of your contentions? 

Respondent does not believe there are any valid non-uniformity of assessment issues. 

G. Affirmative Defenses (if any): 

 

Petitioner lacks standing to bring this action. 

IV. 

ISSUES TO BE LITIGATED: 

A. Factual Issues: 

Does the taxable value of the subject property still need to be recapped? 

Why hasn’t Petitioner dismissed this matter even though he has received the relief he 

wanted and has been requested to do so? 

B. Legal Issues: 

What is the taxable value of the subject property? 

Does Petitioner have standing? 

V. 

DO THE PLEADINGS NEED TO BE AMENDED TO CONFORM TO THE 

EVIDENCE? 

☐ Yes 

☒ No

Page 4

MTT Docket No.: 24-004068 

Respondent’s Prehearing Statement, Page 4 of 5 

 

 

A. If yes, state all necessary amendments (a motion may be required to amend the 

pleadings): 

Not applicable. 

VI. 

ARE THERE CONSOLIDATION ISSUES? ☐ Yes 

☒ No 

A. If yes, state the cases, by docket number, that should be consolidated with this case (a 

motion may be required to consolidate the cases): 

VII. 

PENDING OR ANTICIPATED MOTIONS OR OUTSTANDING DISCOVERY 

ISSUES, IF ANY: 

A. Motions: 

None at this time. 

B. Discovery: 

 

None at this time 

VIII. WITNESSES – IDENTIFY THE NAME AND ADDRESS OF ANY PERSON WHO 

MAY TESTIFY AND PROVIDE A GENERAL SUMMARY OF THE SUBJECT 

AREA OF THE TESTIMONY OF EACH PERSON IDENTIFIED: 

• KAKIA STEPHEN, Supervisor Residential, Office of the Chief Financial Officer, 

Office of the Assessor, City of Detroit, Coleman A Young Municipal Center, 2 

Woodward Avenue, Suite 804, Detroit, Michigan 48226. Ms. Stephen may be called to 

testify regarding any testimony necessary for Respondent to make its case, and rebuttal 

testimony as necessary. 

• Any and all witnesses listed by Petitioner. 

• Any and all necessary rebuttal witnesses. 

• Any and all custodians of the records. 

 

As provided by TTR 237, a person, other than a rebuttal witness, who is NOT identified as a witness in the prehearing 

statement, shall NOT be permitted to give testimony, unless, for good cause shown, the Tribunal permits the testimony 

to be taken. 

IX. 

NUMBER OF DAYS REQUIRED FOR HEARING: 

1 

X. 

DISCLOSURE AND TAXATION OF COSTS: Respondent reserves the right to request 

costs. 

CITY OF DETROIT 

 

/s/ Kevin C. Richard 

 

 

 

 

 

By: 

Kevin C. Richard (P43417) 

 

 

 

 

 

 

City of Detroit Law Department

Page 5

MTT Docket No.: 24-004068 

Respondent’s Prehearing Statement, Page 5 of 5 

 

 

Coleman A. Young Municipal Center 

2 Woodward Avenue, Suite 500 

Detroit, MI 48226 

Date: September 18, 2025 

 

 

(313) 237-3061 

 

Failure to file and exchange this prehearing statement, as required by the Tribunal, shall result in the commencement 

of the prehearing conference as a show cause hearing. See TTR 231 and 237. See also MCL 205.732.

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