Edward Rose Building Co. v. Independence Township

Respondent township appeals from a March 21, 1986, decision by the Michigan Tax Tribunal which lowered the true cash value (tcv) of petitioner’s land, resulting in a lower tax assessment for petitioner. We reverse in part and affirm in part.

In dispute are the 1981-84 real property tax assessments on subdivision lots owned by peti tioner, a developer. The property involved was a single-family residential subdivision known as Lake Oakland Woods. The subdivision had been developed to the point that utilities, sewer and water were available.

The entire thrust of petitioner’s argument before the…