City of Mt Pleasant v. State Tax Commission

Petitioner appeals as of right a judgment entered by the Michigan Tax Tribunal that resolved seven cases petitioner filed in 1993 and 1996, which were consolidated in 1997. The cases concern the assessment of fifty-three parcels in four “parent” parcels containing approximately 325 total acres, which petitioner bought in 1990, annexed, and then sold for various purposes, including private development. We affirm. The tribunal’s overview of the case summarizes the facts of the dispute:

In 1990, Petitioner purchased 300 plus acres for City development. The parcels of property were not physically…