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which were restated in an instrument he executed on May 22, 1992.
On December 11, 1989, the decedent transferred to the Trust his
title interest, as sole proprietor, in the apartment complexes
which were named The Landings at Fountain Pointe (The Landings),
Fox Hill Glens (Fox Hill), and Stonehenge Gates (Stonehenge).
The Landings was built in the 1970's, and it is sited on 40.6
acres in Grand Blanc. The Landings consists of 37 buildings with
a total of 468 living units (424 one- or two-bedroom apartments
and 44 townhouses), a clubhouse, a swimming pool, and tennis
courts. Grand Blanc is one of Genesee County's more affluent
communities, and its population was growing on the applicable
valuation date.
Fox Hill was built from 1985 through 1987, and it is sited
on 31.18 acres in Grand Blanc. Fox Hill consists of 22 buildings
with a total of 286 living units (264 one- or two-bedroom
apartments and 22 townhouses), a clubhouse, a swimming pool,
tennis courts, and a jogging trail. Fox Hill is located
approximately 3.5 miles from The Landings.
Stonehenge was built in two phases; approximately two-thirds
of the complex was built from 1979 through 1980, and the rest,
which generally consists of five of the more luxurious apartment
buildings in the complex, was built from November 1985 through
January 1986. Stonehenge is sited on 19.09 acres in Flint, and
it consists of 15 buildings, each with 12 living units (for a
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Last modified: May 25, 2011