FIRST FED. S & L ASS'N v. CITY OF FLINT

Docket No. 66947.

415 Mich. 702 (1982)

329 N.W.2d 755

FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF FLINT v. CITY OF FLINT

Supreme Court of Michigan.

Decided December 23, 1982.


Attorney(s) appearing for the Case

Neithercut, Klapp, Shegos & Dillard (by James C. Dillard) for the First Federal Savings & Loan Association of Flint.


PER CURIAM:

The City of Flint assessed improvements to property owned by First Federal Savings & Loan Association of Flint on the basis of historical cost. The Tax Tribunal and the Court of Appeals approved the assessment, reasoning that the improvements had value to First Federal because they enhanced its image. Because the constitution and the General Property Tax Act require that property tax assessments be based on market value, not value to the owner, we...

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