advertising for leasing options for stores in the Dove
Plaza are seen in Slinger in this Feb. 5 photo. The
owner of the Dove Plaza is fighting the village's value
of the property of about $3.1 million. The owner claims
the value is more like $1.5 million because there are so
many vacancies there.
SLINGER — The Village’s Board of Trustees, at their
regular meeting Monday night, unanimously rejected a
claim by the owners of Dove Plaza that the village has
placed an excessive tax assessment on the property.
last May’s Board of Review representatives of the
property’s owner Suresh Misra attempted to convince
village officials to reduce the tax assessment from
about $3.1 million to about $1.5 million.
Last month the village received a notice of claim from
attorneys representing Misra and his business seeking
the same reduction in the assessment and a refund from
the village of about $25,100, plus interest, from the
amount they feel was excessively paid to the village.
“Their claim was denied at the Board of Review and they
really had a lack of evidence to try to prove their
point,” said Village President and Board of Review
member Russ Brandt. “They could have presented more
evidence on their behalf, but they chose not to. They
could also have taken the claim to circuit court, but
Both Brandt and Village Treasurer Margaret Wilber said
they both felt circuit court would be the business’s
next step in the dispute.
“While in the past the village has sometimes let the
90-day response time lapse since a lack of action on the
village’s part is considered a denial of the claim,
Attorney (Jason) Gehring pointed out that taking no
action on the claim expands the time allowed for a
possible taxpayer’s response from 90 days to six years,”
Plaza’s representatives are claiming that because their
a large number of business vacancies at the Plaza that
the assessed value should be much lower than the village
contends. No representatives of Dove Plaza were at
Monday night’s meeting, but at the May Board of Review
meeting Agent Gary Kohlenberg said the building has not
had full tenant capacity for some time and that only 53
percent of the building is currently being rented. He
stated that the owner has done everything to fill the
According to the minutes from the May meeting,
Kohlenberg said Misra has hired several agencies to
market the building, he has lowered the rent, and he
also stated he felt if the owner were to sell the
building he could not sell it for anywhere near the
assessed value. He stated that the revenue/lack of
revenue from tenants needs to be considered to determine
the real value.
Kohlenberg was also asked at the Board of Review meeting
if there was a current financial statement or any of the
leases for review. Kohlenberg stated he did not have any
leases or statements from 2016 which Brandt said Monday
night showed the lack of supporting evidence provided
for Dove Plaza’s position.
Village Board was also told that the village’s assessor
said he felt the assessment was reasonable based on
current market rents, leasing and sales, gross
potential, and the fact that the actual lease documents
are not available for review. He also noted that in 2009
the building was assessed at $3.6 million, so the
assessment had been reduced over the years.