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City settles tax dispute with Ramada Inn

Submitted by Phil Heimerl on July 20, 2018 – 12:56 amNo Comment

The Alpena Municipal Council this week, agreed to lower the assessed and taxable values of the Ramada Inn property on US 23 north.

The owners of the hotel filed an appeal to the Michigan Tax Tribunal over the city’s assessment of the property for the 2017 and 2018 tax years.

The hotel property had assessed and taxable values for those years of $1,668,200 and $1,693,900 respectively.

The municipal council agreed to settle with the hotel owners on an assessed and taxable value for both years of $1,575,000.

That means the hotel owners will save approximately $12,809 in property taxes over the two years.  The city’s portion of that loss is roughly $3,378.  Other taxing authorities, such as Alpena County, Alpena Community College, AMA-ESD and others, combined, will lose the remaining $9,431.

City Manager Greg Sundin said that the hotel’s proposal was “reasonable.”  He said arguing the amount before the Tax Tribunal would have been much more costly than the amount of tax dollars the city is losing through the settlement.

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