Mr. Stadig

The City of Hamilton requested a review of an Assessment Review Board decision that valued a 411.6-acre portion of a steel production property at a nominal $100 per acre due to alleged environmental contamination.

Shortly after the original hearing, the entire property sold for $518 million.

The Board found that MPAC had jurisdiction to issue the corrected 2018 assessment and that the original panel did not err in admitting hearsay evidence regarding contamination risks.

However, the Board concluded that the post-hearing sale constituted new evidence that could not have been reasonably obtained earlier and could have affected the original panel's conclusion that the lands were unmarketable.

Consequently, the Board ordered a new hearing of the entire appeal before a different panel.