Loading...
Property Tax Appeal Stipulation of Settlement Notice - Alpine Park MHC, LLC Copyrighted April 20, 2026 City of Dubuque CONSENT ITEMS # 6. City Council ITEM TITLE: Property Tax Appeal Stipulation of Settlement Notice - Alpine Park MHC, LLC SUMMARY: Senior Counsel transmitting notice of a Stipulation of Settlement for a 2025 property tax appeal filed by Alpine Park MHC, LLC for their property located at Parcel No. 10-11-226- 002. SUGGUESTED Receive and File DISPOSITION: ATTACHMENTS: 1. Stipulation of Settlement Page 208 of 901 IOWA PROPERTY ASSESSMENT APPEAL BOARD PAAB Docket No. 2025-104-00393C Parcel No. 10-11-226-002 ALPINE PARK MHC LLC, Appellant, vs. CITY OF DUBUQUE BOARD OF REVIEW, Appellee. NOTICE OF VOLUNTARY SETTLEMENT TO: City of Dubuque, lowa County of Dubuque, lowa Dubuque Community School District Northeast lowa Community College Dubuque County Hospital Dubuque County Agricultural Extension Service Conference Board of the City of Dubuque YOU ARE HEREBY NOTIFIED, pursuant to lowa Code Section 441 .44, that the above-named Appellant and the City of Dubuque Board of Review, Appellee, have entered into a voluntary settlement of this assessment appeal. A copy of the proposed Stipulation of Settlement is attached hereto. This Stipulation of Settlement will be presented to the lowa Property Assessment Appeal Board for approval no sooner than fourteen (14) days from the date of this Notice. Dated this 7th day of April, 2026. CITY OF DUBUQUE BOARD OF REVIEW, Appeilee � By: B rry A. Lindahl, Esq. S�ite 330, Harbor View Place 300 Main Street Dubuque, IA 52001-6944 (563) 583-4113 Page 209 of 901 IOWA PROPERTY ASSESSMENT APPEAL BOARD PAAB Docket No. 2025-104-00393C Parcel No. 10-11-226-002 ALPINE PARK MHC LLC, Appellant, vs. CITY OF DUBUQUE BOARD OF REVIEW, Appellee. STIPULATION OF SETTLEMENT Appellant Alpine Park MHC LLC and Appellee City of Dubuque Board of Review state to the lowa Property Assessment Appeal Board that the pending litigation with regard to the tax assessment for the following-described property as of January 1, 2025 and January 1, 2026: Parcel No. 10-11-226-002 has been settled and agreed upon as follows: Value Exempt Amount Value with Exemptions Land $ 8,535,300 ($ 97,500) $ 8,437,800 Improvement $ 9,004,600 ($ 442 400) $ 8 562,200 Total Value $17,539,900 ($539,900) $17,000,000 It is further agreed that upon entry of an lowa Property Assessment Appeal Board Order confirming the above settlement, the above pending litigation shall be dismissed with prejudice. Dated this 7th day of April , 2026. ALPINE PARK MHC LLC, CITY OF DUB QUE BOARD OF REVIEW, Appellant Appellee T By: Rob.Malek By: � Barry A. Li�dahl, Esq. Page 210 of 901 Dubuque B�irry�. Lindah�, Gsq. THE CITY OF � Senior Co�mscl �II•AmerleaCih/ Suite 3;0, Harbor Vic��-Place T T� � �,� -� '•P 300 Ivlain Street U I I Dubuque, Iowa 52001-6944 (563)583-41 13 oftice (563)SS3-10�40 fax 1Vlc�ste��iece on tlTe 1vlississippi 2013•2017 balesq(�a,citvofdubuque.ore Office Hours: 3:00 Ai�t—5:00 PNI,T-W-Th 8:00 ANI— 12:00 P�I,F AGENDA LETTER April 7, 2026 Mayor and Members of the City Council President of the Board of Directors of the City of Dubuque Northeast lowa Community College City Hall P.O. Box 400 50 West 13t" Street Calmar, IA 52132 Dubuque, IA 52001 Chairperson of the Chairperson of the Board of Trustees Dubuque County Board of Supervisors Dubuque County Hospital Dubuque County Courthouse Sunnycrest Manor 720 Central Avenue 2375 Roosevelt Street Dubuque, IA 52001 Dubuque, IA 52001 Chairperson of tr e School Board Chairperson of the Council of the Dubuque Community School District Dubuque County Agricultural Extension Central Administration Offices Service 2300 Chaney Road 14858 West Ridge Lane, Suite 2 Dubuque, IA 52001 Dubuque, IA 52003 Chairperson of the Conference Board of the City of Dubuque City Hall 50 West 13th Street Dubuque, IA 52001 RE: Alpine Park MHC LLC vs. City of Dubuque Board of Review 2025 Property Tax Appeal Property Assessment Appeal Board Dacket No. 2025-104-00393C Enclosed is a copy of the Stipulation of Settlement regarding a tax assessment appeal filed by Alpine Park MHC LLC with the Property Assessment Appeal Board. lowa Code Sec. 441 .44 requires that the Stipulation of Settlement be served upon each of you. Page 211 of 901 i i There is one property that is the subject of#his appeal. The appeal is for the January 1, 2025 assessed value. ; Details of Property = The praperty is owned and operafied by Alpine Park MHC LLC. The parcel is a Manufactured I�ome Fark located a#4095 Mount Alpine Street. The 1'19.95Wacr� property contains 408 park spaces along with three outbuildings used for storage, clubhouse, ; office and storm shelter. The property has been bui{t out in phases sfiarfiing in 1999 and continuing through 2020. 2025 Appeaf_ Alpine Park,.MHC L.LC filed a profiesfi with the City of Dubuque Board of Review in April ; 2025 appealing fio the 2025 assessment of$17,9�2,300, The prior 2024 assessmenf was ' $14,211,400. The pra#est cla9med the marke# value to be $16,364,295 based on the income approach: � � Proposed Settlement The 2024 income and expenses of Alpine Park MHC LLC were pravided along with nearby comparable property assessed valuafiions. After settlement discussions, the parties have reached a proposed settlem�nfi agreement. The tentative settlement is for an assessed value for January'l, 2025, and 2026 of$17,QOO,Oa0.a0. Proposec�Sei�/ement . � The parties have reached a proposed settlemenfi agreement. The tentative setfilement is for an assessed value for January 1, 2025 and 2026, of$17,000,000.00. ' Pursuant to the Sfi9pulafiion of Settlement#he appeal will be dismissed and the assessed vafue wifl be adjusted to $17,000,000.00 for 2025 and 2026. The value for 2025 and 2026 will be apportioned as follows: Value Exempt Amount Value with Exemptions Land � $ 8,535,3Q0 ($ 97,500} $ 8,437,800 Irn rovement 9 004 600 442 40d 8 562 200 i TOtal ValUe $97,539;900 �$539,900) $17,000,000 � ' The exempfiian is forest and storm shelter. I _ ; � . , The proposed setfilemenf wi.l! be presented to the Property Assessment Appeal Board after fourteen (`14) days from fihe dafie indicated on th`e'atfiached Notice of Voluntary i Settlement. If there are any objections to the settlement they should be made known to the Property Assessment Appea! B�ard prior fo that time. lf you have any questioris about III the proposed settlement; please contacf City Assessor Troy Patzner at (563) 589-4416. . , ; � - Very sincerely, � 2 � � Page 212 of 901 � Barry A. Lindahl, Esq. Senior Counsel ; Enclosure Attachment cc: Michael C. Van Milligen, City Manager Adrienne N. Breifelder, City Clerk Troy Patzner, City Assessor 3 Page 213 of 901