Legal Opinion
CAF Investment Co. v. State Tax Commission
Michigan Supreme Court
Decided September 6, 1974No. 6 January Term 1974, Docket No. 54,709PublishedCited by 46 opinions
1Opinion of the CourtJ. W. Fitzgerald, J.
At issue in this case is the property tax assessment upon 10.55 acres of land owned by taxpayer C.A.F. Investment Company and leased to the S. S. Kresge Company in 1963 for a 20-year term to be used for a K-Mart store. For purposes of 1971 ad valorem taxes, the assessor for Saginaw Township valued the property at $1,442,-364 and fixed the assessment of $245,300. Property in the township at the time was valued at a percentage rate of 17.04%, resulting in this initial assessment. This assessment was thereafter adjusted by the state equalization factor of 50% of true cash value resulting in a…
2Cases cited6 opinions
- Twenty-Two Charlotte, Inc. v. City of DetroitMichigan Supreme Court · 1940
- Fisher-New Center Co. v. State Tax CommissionMichigan Supreme Court · 1968
- Moran v. Grosse Pointe TownshipMichigan Supreme Court · 1947
- Helin v. Grosse Pointe TownshipMichigan Supreme Court · 1951
- Pavilion Apartments, Inc. v. State Tax CommissionMichigan Supreme Court · 1964
1 more not listed; retrieve them via the Exa API.
3Cited by46 opinions
- CAF Investment Co. v. Saginaw TownshipMichigan Supreme Court · 1981
- Meadowlanes Ltd. Dividend Housing Ass'n v. City of HollandMichigan Supreme Court · 1991
- Consumers Power Co. v. Big Prairie TownshipMichigan Court of Appeals · 1978
- Olga's Kitchen of Hayward, Inc. v. PapoDistrict Court, E.D. Michigan · 1985
- Forest Hills Cooperative v. City of Ann ArborMichigan Court of Appeals · 2014
41 more not listed; retrieve them via the Exa API.