Cost
$32,000,000.00
SEV $2,510,700.00
If the city were to sell the Double Tree it would ask $5,021,400.00
SEV = half of the selling price.
You can go to Bay County, Michigan Online Property Tax Query and do a search by name for "WENOHAN".
What a salesman. Mr. Palenick sold Bay City $5 Million Hotel Conference Center for $32 Million.