City Fails To Send Tax Bills To Plant Owner
The City of Detroit has failed to send property tax bills to the owner of the decrepit Packard plant for nearly four years.
The Detroit Free Press recently discovered the oversight, and the city assessor's office returned the 3.5 million square-foot property to the tax rolls.
The newspaper reports on the issue in Friday's editions.
It says the change comes almost four years after a state Supreme Court decision prompted the city to surrender the century-old plant to a company called Bioresource.
Last week, the Free Press questioned why the property was listed as city-owned.
The assessor's office then changed its status to ``taxable,'' and the property's assessed value grew to $1.6 million.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
