BOR petition.pdf
128 Grand LLC, Petitioner V City Of St Joseph, Respondent · 25-002796-TT
Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.
Page 1
™Mas-oil Michigan Department of Treasury 618 (Rev. 11-12) Petition to Board of Review L-4035 This form is issued under the authority of P.A. 206 of 1893, as amended. Filing is voluntary, however you may not appeal to the Michigan Tax Tribunal or the State Tax Commission unless you first protest to the Board of Review. TO BE COMPLETED BY OWNER OR OWNER'S AGENT Owner's Name (Please Print or Type) Petitioner's Name (If Other than Owner. Please Print or Type) 128 Grand LLC Sally A. Taylor, Attorney for Owner Township or City County City of St. Joseph Berrien The undersigned protests the assessed value and/or the tentative taxable value and/or the property classification and/or the qualified agricultural property exemption of the following described property: Property Identified (Parcel code required. Property address & legal description optional) 11-76-1900-0058-00-0 Tentative Taxable Value Classification |_| Qualified Agricultural Property Exemption Protested Item [x] Assessed Value 1. PROTEST OF ASSESSMENT (Complete this section for a protest of assessed value and/or tentative taxable value) Assessed Amount Owner's Estimate of True Cash Value Tentative Taxable Value Year $650,400 $1,190,805 $650,400 2025 2. PROTEST OF CLASSIFICATION (Complete this section for a request to change the classification. The Board of Review must make their decision regarding classification in accordance with Section 211.34c of the Michigan Compiled Laws. The Board of Review shall not be influenced by the effect that a particular classification has on that property's status as a homeowner's principal residence or qualified agricultural property.) Classification of property on this year's assessment roll Classification should be (check one of the following): [] Agricultural [Industrial [| Timber Cutover [1 utility (Personal Property Only) [] commercial [| Residential [] Developmental 3. PROTEST OF EXEMPTION FOR QUALIFIED AGRICULTURAL PROPERTY (If the assessor has denied or changed the percentage of the exemption from the 18 mills of local school operating tax for qualified agricultural property, the owner may appeal this action to the March Board of Review. THE BOARD OF REVIEW HAS NO AUTHORITY TO CONSIDER OR ACT UPON THE EXEMPTION FROM THE 18 SCHOOL OPERATING MILLS FOR HOMEOWNER'S PRINCIPAL RESIDENCE PROPERTIES.) Percent qualified agricultural exemption granted by assessor (Enter 0 if exemption Percent qualified agricultural exemption requested by owner (Enter 100 if full denied) exemption requested) 4. REASON FOR PROTEST State reason(s) for protest of assessed value and/or the tentative taxable value and/or classification and/or qualified agricultural property exemption On June 16, 2023, Owner purchased parcel 11-76-1900-0058-00-0 through a third party, long-arm transaction. The purchase price, representing fair market value of the property was $1,155,000. Accordingly, the taxable value and the assessed value for 2024 should have been one-half of the fair market value, which was the purchase price, for a value of 577,500. The 2025 taxable value with the 3.1% increase for 2025 should then be $595,402. Closing statement attached CERTIFICATION ithe J J lr nn [Zs Ls Address Phone Number 685 W. al Street, ion Harbor, Fi —-— (269) 983-0325 www.michigan.gov/treasury
Page 2
Form 618, Page 2 FOR BOARD OF REVIEW USE ONLY INSTRUCTIONS: Incorporate a copy of this form and the assigned number in the Board of Review minutes. Petition Number ™ BE ( \ Parcel Code “Its Bb 14 50 . 00 29 un OHO -2 1. ASSESSED VALUE Disposition by Board of Review. The Board of Review must state ason-for i if — - —~ [Y) Denied [|] Assessed Value Changed From | & WIT to] S78 ¥03 — Initials Record of vote - Board or three member committee of board Mme Chairperson: [X] Yes [INo Jog; Vo Member: [X]Yes [JNo LO Member: [X] ves []No £4 Reason for Is action fos / \ AALS Wa yng Lon od bce wy ed If you disagree with the decision of the Board of Review regarding tentative assessed value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at P.O. Box 30232, Lansing, M! 48909. Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal and Utility Personal Property may be appeal Personal Property may be appealed by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www. mit led by May 31. Agricultural Real, Residential Real, Timber-Cutover Real and Agricultura] chigan.gov/taxtrib. 2. TENTATIVE TAXABLE VALUE Disposition by Board of Review. The Board of Review must state the reason for its action below. : Che LIF [XDenied [] Tentative Taxable Value Changed From __& JV aad to_ S$ I& FIT Record of vote - Board or three member committee vg Chairperson: [X] Yes [Ino JV “07> Member: pd Yes [No NG Member: [Xl Yes [No I * Initials | s Initials Reason for board-action J “1 a | (2, J ~| WL ian laa ao es fap wget I If you disagree with the decision of the Board of Review regarding tentative taxable value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at P.O. Box 30232, Lansing, MI 48909. Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal and Utility Personal Property may be appealed by May 31. Agricultural Real, Residential Real, Timber-Cutover Real and Agricultural Personal Property may be appealed by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. 3. CLASSIFICATION Disposition by Board of Review. The Board of Review must state the reason for its action below. [J Denied [] Classification Changed From to Record of vote - Board or three member committee of board Chairperson: EE Member: ——— Member: _— P LJ Yes [J No Initials bei LJ Yes UJ No Initials 0 Yes [J No Initials Reason for board action If you disagree with the decision of the Board of Review regarding classification, you may appeal by sending Form 2167 to the State Tax Commission at P.O. Box 30471, Lansing, MI 48909 by June 30. 4. QUALIFIED AGRICULTURAL PROPERTY EXEMPTION Disposition by Board of Review. The Board of Review must state the reason for its action below. [ll Exemption Request Denied [J] Exemption percent modified from % to % Record of vote - Board or three member committee of board Chairperson: ——— M er: —— Member: — p 0 Yes OJ No Initials em LJ Yes UJ No Initials bi UJ Yes UJ No Initials Reason for board action If you disagree with the decision of the Board of Review regarding tentative taxable value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at P.O. Box 30232, Lansing, MI 48909 by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. 5. ADJOURNMENT Date of Final adjournment of Board of Review 3/13/25 Board of w Secretary Signatj Date RY March (E) , 2025 \ 7