SBA 2012 TC Assets LLC (MI 46934).pdf
Sba 2012 Tc Assets LLC Mi 46934, Petitioner V City Of Holland, Respondent · 25-002655-TT
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RECEIVED » JUN 04 205 v6 %; Br VC LGAN 1 HGAN TAX TRIBUNAL STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON I. BROWN, DPA GOVERNOR LANSING DIRECTOR PROPERTY TAX APPEAL PETITION FORM VALUATION / EXEMPTION / CLASSIFICATION APPEAL Do not use this form to appeal Principal Residence Exemption, Qualified Agricultural Exemption, Special Assessment, or Non-Property tax disputes. Pursuant to Michigan Tax Tribunal Rule (TTR) 279, you MUST submit a copy of the notice giving rise to the appeal (e.g. Board of Review Decision or Notice of Uncapping) with this Small Claims Petition, if applicable. If you do not submit this document, you may be held in default. Section 1: Petitioner’s Contact Information First Name M.1. Last Name/Company Name SBA 2012 TC Assets LLC)(MI 46934) Mailing Address (No., Street, P.O. Box or Rural Route) 8051 Congress Ave. City or Town State ZIP Code Boca Raton FL 33487 Telephone Number 7 1 3-407-3201 E-mail Address (do not enter unless you want MTT to send all correspondence via e-mail) bwornat@bdo.com Section 2: Petitioner’s Attorney/Authorized Representative’s Contact Information First Name MI Last Name Brent Wornat Firm Name (if any) BDO USA Mailing Address (No., Street, P.O. Box or Rural Route) 2929 Allen Pkwy., Floor 20 City or Town State ZIP Code Houston TX 770 1 9 Telephone Number 713-407-3201 Email Address (do not enter unless you want MTT to send all correspondence via email) bwornat@bdo.com Section 3: Subject Property Information How many If you are appealing more than one parcel, are they contiguous or adjoining? parcelsareyou | [[] vest [] No* appealing? *If yes, use a multiple parcel form for information regarding any contiguous parcels. 1 **If no, you must file separate appeals for each non-contiguous or non-adjoining parcel or you will be defaulted. Property Address (No., Street, City, ST, ZIP) [If multiple, list first property's address] 253 E 26th St., Holland, MI 49422
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STATE OF MICHIGAN
GRETCHEN WHITMER
DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS
MARLON 1. BROWN, DPA
GOVERNOR
LANSING
DIRECTOR
Section 4: Issues Being Appealed (heck
all that apply)
[ True Cash and Taxable Value
[OO Poverty Exemption
[OJ Taxable Value Only (calculation)
[] Disabled Veterans Exemption
[3 Uncapping of Taxable Value
{1 Eligible Manufacturing Personal Property (ESA)
[CJ Exemption from Taxation (other than the denial of a
[1] Classification
Principal Residence or Qualified Agricultural Exemption)
Section 5: Explain the Reason for this Appeal
Tower is overvalued per Marshall and Swift.
Section 6: Jurisdictional Issues
Year(s) you are appealing:
Did you protest the assessment at a Board of Review (BOR)? [Hl] Yes
[¥]] No
if Yes, check which BOR you attended AND attach the BOR decision: [|] March
[] July
[| December
if No, check the applicable reason(s):
[wv] Not required to attend
[W] Assessment Change Notice was hot received by Petitioner
[Im] Appealing a purported Clerical Error or Mutual Mistake of Fact (if yes, include explanation in Section 5)
Appealing within 35 days of State Tax Commission Order
[ Appealing within 35 days of receipt of Notice of UncappingPage 3
STATE OF MICHIGAN
GRETCHEN WHITMER
DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS
MARLON |. BROWN, DPA
GOVERNOR
LANSING
DIRECTOR
Section 7: Valuation Information «se the muttipte parcel form for additional, contiguous parcels,
Parcel Identification Number:
70-16-33-300-805
Classification of Property:
Real
Personal
(check one)
ml
Agricultural
Commercial
Industrial
Residential
Timber-Cutover
Developmental
Utility
(check one)
Current Assessed Value (also known as State Equalized Value) as established by the BOR:
71,000
Current Taxable Value as established by the BOR:
56,990
What do you believe is the fair market value {also known as True Cash Value)?
70,000
Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value.
35,000
if you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value.
Section 8: Classification Information *only the Mi Dep't
of Treasury may appeat this issue to the Tribunal*
Parcel identification Number:
Current Classification of Property as established by Board of Review:
Real
Personal
{check one}
0
Agricultura)
Commercial
Industrial
Residential
Timber-Cutover
Developmental
Utility
(check one}
What do you believe is the property's classification?
Real
Personal
(check one)
0
Agricultural
Commercial
Industrial
Residential
Timber-Cutover
Developmental
Utility
(check one)
if improved property, how is the property currently being used?
if improved property, for what use was the property designed?Page 4
STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON I. BROWN, DPA GOVERNOR LANSING DIRECTOR Fee Information Does the subject property have a Principal Residence Exemption of at least 50% as of the date of the filing of this petition? ves [4 no Are you appealing ONLY the denial of a Poverty Exemption or Disabled Veterans Exemption? Yes [4 No If you answered yes to either or both of the above questions, you are not required to pay any filing fees. The filing fee is based on the greater of the State Equalized Value or Taxable Value in contention. If you are appealing more than one parcel, the parcel with the highest State Equalized Value or Taxable Value in contention will be used to determine your filing fee, plus $25.00 will be added for each additional parcel being appealed, not to exceed a total filing fee of $1,000. If your property is residential property (see MCL 205.762) and the State Equalized Value or Taxable Value in contention is: Filing Fee is: $100,000.00 and under $125.00 $100,000.01 to $500,000.00 $200.00 $Over $500,000.00 $300.00 If your property is NOT residential property (see MCL 205.762) and the State Equalized Value or Taxable Value in contention is: Filing Fee is: $100,000.00 and under $250.00 * Plus $25.00 for each additional parcel, as indicated above. If your property is NOT residential property and the State Equalized Value or Taxable Value in contention is $100,000.01 or greater the appeal does not qualify for Small Claims. Therefore, an Entire Tribunal petition must be filed. Signature ‘required y Petitioner or Attormey/Authorized Répresentdtive’s Signature: yz Aa" 74 Isl
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Michigan Department of Treasury 1019 (Rev. 10-24) THIS IS NOT A TAX BILL Notice of Assessment, Taxable Valuation, and Property Classification This form is issued under fhe authority of Public Act 206 of 1893, Sec, 211.24c and Sec.211.34c, as amended, This is a model assessmen nolica lo be used by the local asseseor. CITY OF HOLLAND ASSESSOR 270 RIVER AVENUE HOLLAND, Mi 49423 ADDRESS SERVICE REQUESTED OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL *n kwh x #AUTO* *MIXED AADC 493 SBA 2012 TC ASSETS LLC TAX DEPARTMENT 8051 CONGRESS AVE BOCA RATON, FL 33487-1307 L-4400 1092 20273 PARCEL IDENTIFICATION PARCEL NUMBER: 70-16-33-300-905 PROPERTY ADDRESS: 253 E 26TH ST PRINCIPAL RESIDENCE EXEMPTION % Exempt As "Homeowners Princjpal Residence”: 0.00 % Exempt As “Qualified Agricultural Property”: % Exempt As "MBT Industrial Pergonal”: [TU FELLVERL LE Perr LY ELE FT Ey Ll TUTE [TEU ad % Exempt As “MBT Commerclal Personal:" Q \) Exempt As “Qualified Forest Property”: Yes No W\ Ih Exempt As “Development Property”: 0 Yes No - Po Fi LEGAL DESCRIPTION: ASAT BLL 70-16-33-300-120 PART OF SW 1/4 COM W. 1/4 COR, TH S 0D 53M 635 U (6) W 627.60 FT, TH § 89D 20M 16S E 438.8 FT TO PT OF BEG, TH N 0D 63M ia 53S E 132 FT, N 89D 20M 16S W100 FT, TH N 0D 53M 538 E 237.81 FT, TH MM 2 ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: COMMERCIAL PRIOR YEAR'S CLASSIFICATION: COMMERCIAL CURRENT CHANGE FROM PRIOR AMOUNT | TENTATIVE AMOUNT | PRIOR YEAR TO YEAR: 2024 YEAR: 2025 CURRENT YEAR 1, TAXABLE VALUE: 56,277 56,990 1,713 2. ASSESSED VALUE: 74,500 71,000 -3,500 3. TENTATIVE EQUALIZATION FACTOR: 1.00000 ihe on TERE ol 4. STATE EQUALIZED VALUE (SEV): 74,500 71,000 -3,500 5. THERE WAS or WAS NOT A TRANSFER OF OWNERSHIP ON THIS PROPERTY IN 2024: Was Not 6. ASSESSOR CHANGE REASON: The 2025 Inflation Rate Multiplier is: 1.031 Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the following: Name ' : Telephone Number Email Address JAMES BUSH 616-355-1350 ASSESSING@CITYOFHOLLAND.COM March Board of Review Appeal Information. The Board of Review will meet at the following dates and times: IF YOU BELIEVE THAT THESE VALUES, THE PROPERTY CLASSIFICATION, OR THE INFORMATION ON LINE 5 IS INCORRECT, YOU MAY PROTEST TO THE LOCAL BOARD OF REVIEW. THE HOLLAND CITY BOARD OF REVIEW WILL MEET TO HEAR REAL PROPERTY APPEALS BY APPOINTMENT ON MARCH 11, 2025 FROM 9AM-12NOON AND 1PM-4PM, MARCH 12, 2025 FROM 9AM-12 NOON AND 1PM-4PM, MARCH 13, 2025 FROM 1PM-4PM AND 6PM-9PM, AND MARCH 14, 2025 FROM
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