Business

City of Detroit Gets Aggressive: Suing Banks and Companies for Unpaid Property Taxes

August 17, 2016, 4:01 PM by  Allan Lengel

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The city of Detroit is getting aggressive in the collection of delinquent property taxes.

The city on Wednesday announced plans to file nearly 600 lawsuits, mostly against banks and companies, to recover over $12.2 million in unpaid property taxes owed from 2010-12. The city said it will be going after only those who own property for profit, such as banks and companies, not individuals who own fewer than three properties and are not associated with an LLC or company.

The City sent demand letters out this week to banks, investment companies and others, and plans to file all of the suits before the end of the month, mostly in 36th District Court, a press release said. 

The city is seeking to recoup an average of $19,942 per suit and $7,898 per parcel, covering 1,543 parcels, the release said.

“For too long, there are those who chose not to pay what they owed in taxes, leaving everyone else to pay the price,”  David Szymanski, treasurer and deputy chief financial officer for the City of Detroit, said in a statement. “We are working to improve City services for our residents, and to do that – whether its better police and fire protection, streetlights or better schools for our children – we need everyone who does business in this city to pay their fair share.”

 

 



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