Congresshills Apartments v. Township of Ypsilanti

Petitioner-appellant (hereinafter petitioner) seeks review of its property tax assessments for the years 1975 through 1979.

Petitioner initially disputed its property assessment in 1974. On August 29, 1974, the township assessor for Ypsilanti Township and the agent for Congresshills Apartments, a limited partnership, entered into an agreement whereby they stipulated to an assessment of $1,573,860 for the tax years 1974, 1975, and 1976 based on a true cash value of $3,400,000 and a state equalized value of $1,700,000.

At the time the dispute originally arose, the Michigan Tax Commission had…