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2811-122-025-01.pdf

Croft LLC, Petitioner V Township Of Peninsula, Respondent · 25-003229-TT

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Page 1

Michigan Department of Treasury 

4031 (Rev. 08-22) 

Assessment Year: 

2025 

07/ 

Petition/Docket #: 

9 

The authority for July/December board of review action is staled in the General Property Tax Act, MCL 211.53b. The July/December Board of Review can lake action 

regarding qualified errors verified by the assessor (MCL 211 53b(1), (8)). The July/December Board of Review can also take action under MCL.211.53b regarding a 

poverty exemption for the current yaar under MCL 211.7y; a qualified agricultural property exemption under MCL 211 ee for the current year, which has been denied 

by the assessor, a qualified agricultural property exemption under MCL 211.ee thal was not on the assessment roll for the current year and one prior year; or a 

qualified forest property exemption under MCL 211.7[j(1) that was not on the assessment roll for the current year and one prior year. 

In addition, other statutes, such 

as MCP 211 7b refated {o ie disabled velerans exemption, and MCL 211.7ss related to the eligible development property exemption, provide authority for the 

July/December Board of Review to take action. 

25 

11:05 

AM 

July/December Board of Review Affidavit 

Issued under authority of P A 208 of 1893 Filing it mandslory 

Form 3128 (L-4035a) must be completed by the Board of Review and made a pant of the Board of Review records whenever a change is made to an individual 

parcal of property which causes a change in Taxable Value 

PART A: IDENTIFICATION 

Owner Name 

= 

CROFT LLC 

"OWNET SITEeT ANTES 

ei 

ER 

City 

iss 

ea 

State 

ZIP Code 

Sa 

121 

E FRONT ST STE 200 

TRAVERSE CITY 

MI 

| 49684 

[Parcel Number 

N 

Property School District 

EE 

~ [Property Classification 

kd 

2811-122-025-01 

TRAVERSE CITY SCHOOL DI 

202 

Propeny Steet Address 

Ss 

TT 

Tow 

al 

To 

State 

ZIP Code 

| 

CENTER RD 

TRAVERSE CITY 

MI 

49686 

PART B: ADJUSTMENTS 

- 

Iter or Taxing Authority 

Note or Millage 

Qrigingl 

Adjusted 

Diffgrence 

PENINSULA TOWNEHIP 

] 

oo 

Assessed Value 

JBOR 

255,400 

255,400 

0 

Taxable Value 

07/22/2025 | 

110,687 

110,687 

0 

| 

PRE. 

. 

. 

0.00 % 1 

0.00 % 

0.00 9, 

Property Class | 

. 

202 

School District 

i 

28010] 

. 

Classification 

Ad Valorem | 

i 

TOTALS 

| - 

h 

Bh 

Reason for change (see instructions on page 2): 

[¥]auaiies Agricultural Exemption 

[eligible Development Poperty 

Exemption 

=] Poverty Exemption 

| Quaiified Forest Exemption 

[I pisabled Veterans Exemption 

O Qualified Error 

Explanation. 

MCL 211.7ee - Qualified Ag denial error/Late File 

QUAL AG APPEAL DENIED 

PART C: CERTIFICATION, BOARD OF REVIEW MEMBERS 

of PENINSULA TOWNSHIP 

We, the undersi 

Board of Re 

. swear of affirm the above information 1s, to the best of aur knowledge, true. 

Signature 

Date 

Signature 

Date 

bi 

PR 

N 

rs 

Signaiufe 

v 

Dale 

25 

Signature 

Tate 

ttt 

1-2) 

Pn 

Signatur 

[i 

Date 

Signature 

oo 

BE 

\ 

A 

7 

(1 

£2 

! 

4 

Es 

STE 

EE 

A 

SONURROR 

| FOE 

The Board of Rove's required to file an affidavit within 30 days with the proper officials to have all affected official records — 

If the qualified error results in 

an qverpayment or 

underpayment, the rebate, including eny interest paid, must be made fo Lhe taxpayer or the taxpayer mus be notified and payment made wil 

30 days of the notice. (MCL 211,53b (1)) 

ia 

Distribute copies of this form to the property owner, the County Treasurer, the County Equalization Department, and the treasurers of all other affected taxing 

authorities. 

Retain a copy on file at the local unit.

Page 2

2025 

JULY BOARD OF REVIEW 

Change Notice 

Jul 22, 2025 

CROFT 

LLC 

121 

E 

FRONT 

ST 

STE 200 

TRAVERSE CITY 

MI 

49684 

\ 

Re: July Board of Review Change Notice 

11-122-025-01 

CENTER RD 

Dear Property Owner: 

On Jul 22,2025 

, the July Board of Review made the following correction to the assessed, capped and 

taxable values or to the Principal Residence Exemption for the above referenced parcel. 

Original 

Corrected 

Year 

Assessed 

Capped 

Taxable 

Year 

Assessed 

Capped 

Taxable 

2025 

255,400 

110,687 

110,687 

2025 

255,400 

110,687 

110,687 

Principal Residence Exemption 0.0000 

Principal Residence Exemption 0.0000 

Reason: 

QUAL AG 

Adjustment Type: MCL 211.7¢e - Qualified Ag denial error/Late File 

The action of the July Board of Review may be appealed to the Michigan Tax Tribunal within 35 days after 

the final decision, ruling or determination. To appeal to the Michigan Tax Tribunal, file a petition with the 

MTT that can be obtained from their website: 

[ 

http://www.michigan.gov/taxtrib 

If you have any questions regarding the above changes, please do not hesitate to contact us at 231-223-7313 

Sincerely 

PENINSULA TOWNSHIP 

Board of Review 

JROR CHG NOTICE. (GENERIC) 

(Rev. 01-07)

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