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October 01, 2004

AGENDA/NOTICE

ASSESSMENT APPEALS BOARD No. 1 HEARING

ROOM 406, 1 DR. CARLTON B. GOODLETT PLACE, CITY HALL

FRIDAY, OCTOBER 1, 2004

9:00 AM

Under the California Constitution and applicable statutes, hearings of Assessment Appeals Boards are judicial proceedings. The decisions of Assessment Appeals Boards must be based exclusively on properly admitted evidence. Assessment Appeals Boards may not base any factual determinations necessary for their decisions on anything other than the aforementioned evidence. Information presented through public comment, unless properly admitted into evidence in compliance with the Revenue and Taxation Code and of the Property Tax Rules of the State Board of Equalization, is not evidence upon which Assessment Appeals Boards may base findings.

The Assessment Appeals Board Agenda packet and documents are available for review in Room 405 at City Hall. Each item on the Agenda may include the following documents: (1) An Application for Changed Assessment (2) Comparable Sale Information (3) Department or Agency Correspondence (4) Public Correspondence.

Public comment will be taken for items on the agenda, as well as items not on the agenda but under the jurisdiction of the Board. Each person wishing to speak on an item before the Board shall be permitted to be heard once for up to three minutes. The Board may limit the total time allocated for public comment.


1.   Public Comment on any agenda item.

2.   Pre-Hearing Conference with the Assessor’s office and the Applicant/Agent in preparation of the evidentiary hearing for the following applications (pursuant to Property Tax Rule 305.2):

A)  APPLICATION: 2002-1082         APPLICANT: BREL ST. FRANCIS, LLC

     PARCEL NO.: 0307 001               ADDRESS: 301-345 POWELL ST.

     CURRENT ASSESSMENT: $173,284,334

     APPLICANT'S OPINION: $116,500,000

     TAXABLE YEAR: 2002                ROLL TYPE: Regular - Real Property

B)  APPLICATION: 2002-1083         APPLICANT: BREL ST. FRANCIS, LLC

     PARCEL NO.: 0307 013               ADDRESS: 455 POST ST.

    CURRENT ASSESSMENT: $59,106,664

      APPLICANT'S OPINION: $29,500,000

     TAXABLE YEAR: 2002                ROLL TYPE: Regular - Real Property

C)  APPLICATION: 2003-0099         APPLICANT: BREL ST. FRANCIS, LLC

     PARCEL NO.: 0307 001              ADDRESS: 301-345 POWELL ST.

     CURRENT ASSESSMENT: $230,066,985

     APPLICANT'S OPINION: $124,000,000

     TAXABLE YEAR: 2001               ROLL TYPE: Escape - Real Property

D)  APPLICATION: 2003-0100        APPLICANT: BREL ST. FRANCIS, LLC

     PARCEL NO.: 0307 001              ADDRESS: 301-345 POWELL ST.

     CURRENT ASSESSMENT: $229,052,702

     APPLICANT'S OPINION: $105,500,000

     TAXABLE YEAR: 2002                ROLL TYPE: Escape - Real Property

E)  APPLICATION: 2003-1829         APPLICANT: BREL ST. FRANCIS, LLC

     PARCEL NO.: 0307 013              ADDRESS: 455 POST ST.

     CURRENT ASSESSMENT: $90,520,000

     APPLICANT'S OPINION: $50,000,000

     TAXABLE YEAR: 1999                ROLL TYPE: Supplemental - Real Property

F)  APPLICATION: 2003-1830          APPLICANT: BRE ST. FRANCIS, LLC

     PARCEL NO.: 0307 001               ADDRESS: 301-345 POWELL ST

     CURRENT ASSESSMENT: $201,480,000

      APPLICANT'S OPINION: $125,000,000

     TAXABLE YEAR: 1999                ROLL TYPE: Supplemental - Real Property

G)  APPLICATION: 2003-1831         APPLICANT: BRE ST. FRANCIS, LLC

     PARCEL NO.: 0307 013               ADDRESS: 455 POST ST

     CURRENT ASSESSMENT: $72,416,000

     APPLICANT'S OPINION: $50,000,000

     TAXABLE YEAR: 2000                 ROLL TYPE: Supplemental - Real Property

H)  APPLICATION: 2003-1832          APPLICANT: BRE ST. FRANCIS, LLC

     PARCEL NO.: 0307 013                ADDRESS: 455 POST ST

     CURRENT ASSESSMENT: $92,330,399

     APPLICANT'S OPINION: $50,000,000

     TAXABLE YEAR: 2001                  ROLL TYPE: Escape - Real Property

I)  APPLICATION: 2003-1833             APPLICANT: BRE ST. FRANCIS, LLC

     PARCEL NO.: 0307 013                 ADDRESS: 455 POST ST

     CURRENT ASSESSMENT: $94,177,006

     APPLICANT'S OPINION: $50,000,000

     TAXABLE YEAR: 2002                   ROLL TYPE: Escape - Real Property

J)  APPLICATION: 2003-1834             APPLICANT: BRE ST. FRANCIS, LLC

     PARCEL NO.: 0307 001                  ADDRESS: 301-345 POWELL ST

     CURRENT ASSESSMENT: $254,207,076

     APPLICANT'S OPINION: $150,000,000

     TAXABLE YEAR: 2003                    ROLL TYPE: Regular - Real Property

K)  APPLICATION: 2003-1835             APPLICANT: BRE ST. FRANCIS, LLC

     PARCEL NO.: 0307 013                   ADDRESS: 455 POST ST

     CURRENT ASSESSMENT: $96,060,547

     APPLICANT'S OPINION: $50,000,000

     TAXABLE YEAR: 2003                     ROLL TYPE: Regular - Real Property

10:30 AM

3.   Status Conference with the Assessor’s office and the Applicant/Agent in preparation of the evidentiary hearing for the following applications (pursuant to Property Tax Rule 305.2):

A)  APPLICATION: 1998-1122              APPLICANT: WONGCO PARTNERSHIP

     PARCEL NO.: 0314 002                    ADDRESS: 101 STOCKTON ST.

     CURRENT ASSESSMENT $49,946,925

     APPLICANT'S OPINION: $31,411,756

     TAXABLE YEAR: 1996                    ROLL TYPE: Escape  - Real Property

B)  APPLICATION: 1998-1123             APPLICANT: WONGCO PARTNERSHIP

     PARCEL NO.: 0314 002                   ADDRESS: 101 STOCKTON ST.

     CURRENT ASSESSMENT $48,430,000

     APPLICANT'S OPINION: $29,600,000

     TAXABLE YEAR: 1994                    ROLL TYPE: Escape - Real Property

C)  APPLICATION: 1998-1124             APPLICANT: WONGCO PARTNERSHIP

     PARCEL NO.: 0314 002                   ADDRESS: 101 STOCKTON ST.

     CURRENT ASSESSMENT $36,400,000

     APPLICANT'S OPINION: $29,600,000

     TAXABLE YEAR: 1993                   ROLL TYPE: Supplemental - Real Property

D)  APPLICATION: 1998-1125            APPLICANT: WONGCO PARTNERSHIP

     PARCEL NO.: 0314 002                  ADDRESS: 101 STOCKTON ST.

     CURRENT ASSESSMENT $48,430,000

     APPLICANT'S OPINION: $30,795,840

     TAXABLE YEAR: 1995                   ROLL TYPE: Escape - Real Property

E)  APPLICATION: 1998-1192            APPLICANT: WONGCO PARTNERSHIP

     PARCEL NO.: 0314 002                  ADDRESS: 101 STOCKTON ST.

     CURRENT ASSESSMENT $48,430,000

     APPLICANT'S OPINION: $32,039,991

     TAXABLE YEAR: 1995                     ROLL TYPE: Escape - Real Property

F)  APPLICATION: 2001-1063               APPLICANT: RUTH COLLINS,.JR

     PARCEL NO.: 0314 002                    ADDRESS: 101 STOCKTON ST.

     CURRENT ASSESSMENT $51,032,207

      APPLICANT'S OPINION: $32,000,000

     TAXABLE YEAR: 2001                  ROLL TYPE: Regular - Real Property

G)  APPLICATION: 2002-1203           APPLICANT: JOHN COLLINS, SR. TRUST

     PARCEL NO.: 0314 002                 ADDRESS: 101 STOCKTON ST.

     CURRENT ASSESSMENT $52,052,851

     APPLICANT'S OPINION: $35,000,000

     TAXABLE YEAR: 2002                  ROLL TYPE: Regular -Real Property

H)  APPLICATION: 2003-1127           APPLICANT: JOHN COLLINS, SR. TRUST

     PARCEL NO.: 0314 002                 ADDRESS: 101 STOCKTON ST.

     CURRENT ASSESSMENT $53,093,906

     APPLICANT'S OPINION: $35,000,000

     TAXABLE YEAR: 2003                  ROLL TYPE: Regular - Real Property

11:00 AM

4.   Pre-Hearing Conference with the Assessor’s office and the Applicant/Agent in preparation of the evidentiary hearing for the following applications (pursuant to Property Tax Rule 305.2):

A)  APPLICATION: 1999-0232     APPLICANT: 100 SPEAR ST OWNERS CORP

     PARCEL NO.: 3717 001           ADDRESS: 100 SPEAR ST.

     CURRENT ASSESSMENT: $68,000,000

     APPLICANT'S OPINION: $45,000,000

     TAXABLE YEAR: 1999            ROLL TYPE: Regular - Real Property

B)  APPLICATION: 2000-0157     APPLICANT: 100 SPEAR ST OWNERS CORP

     PARCEL NO.: 3717 001           ADDRESS: 100 SPEAR ST.

     CURRENT ASSESSMENT: $83,693,441

     APPLICANT'S OPINION: $55,000,000

     TAXABLE YEAR: 2000              ROLL TYPE: Regular - Real Property

C) APPLICATION: 2001-0409      APPLICANT: 100 SPEAR ST OWNERS CORP

     PARCEL NO.: 3717 001            ADDRESS: 100 SPEAR ST.

     CURRENT ASSESSMENT: $85,367,308

     APPLICANT'S OPINION: $55,000,000

     TAXABLE YEAR: 2001             ROLL TYPE: Regular - Property

D)  APPLICATION: 2002-1201     APPLICANT: 100 SPEAR ST OWNERS CORP

     PARCEL NO.: 3717 001           ADDRESS: 100 SPEAR ST.

     CURRENT ASSESSMENT: $87,074,654

     APPLICANT'S OPINION: $55,000,000

     TAXABLE YEAR: 2002            ROLL TYPE: Regular - Real Property

E)  APPLICATION: 2003-1125      APPLICANT: 100 SPEAR ST OWNERS CORP

     PARCEL NO.: 3717 001           ADDRESS: 100 SPEAR ST.

     CURRENT ASSESSMENT: $88,816,145

     APPLICANT'S OPINION: $50,000,000

     TAXABLE YEAR: 2003               ROLL TYPE: Regular - Real Property

5.   Possible report on action taken in closed session (pursuant to Government Code Section 54957.1 and San Francisco Administrative Code Section 67.14)

6.   Vote to elect whether to disclose any or all discussions held in closed session (pursuant to San Francisco Administrative Code Section 67.14(a).

7.   Adjournment.

KNOW YOUR RIGHTS UNDER THE SUNSHINE ORDINANCE - Government’s duty is to serve the public, reaching its decision in full view of the public. Commissions, boards, councils and other agencies of the City and County exist to conduct the people’s business. The Sunshine Ordinance assures that deliberations are conducted before the people and the City operations are open to the people’s review.

For more information on your rights under the Sunshine Ordinance (Chapter 67 of the San Francisco Administrative Code) or to report a violation of the ordinance, contact Donna Hall; by mail to Clerk of the Board of Supervisors, #1 Dr. Carlton B. Goodlett Place, Room 244, by phone at 415.554.7724, by fax at 415.554.5163, or by e-mail at Donna_Hall@ci.sf.ca.us.

Citizens interested in obtaining a free copy of the Sunshine Ordinance can request a free copy from Ms. Hall or by printing Chapter 67 of the San Francisco Administrative Code on the Internet, at http://sfbos.org/sunshine

LOBBYIST REGISTRATION AND REPORTING REQUIREMENTS - Individuals and entities that influence or attempt to influence local legislative or administrative action may be required by the San Francisco Lobbyist Ordinance [SF Campaign & Governmental Conduct Code § 2.100] to register and report lobbying activity. For more information about the Lobbyist Ordinance, please contact the San Francisco Ethics Commission at 30 Van Ness Avenue, Suite 3900, San Francisco, CA 94102; telephone (415) 581-2300; fax (415) 581-2317;Web site www.sfgov.org/ethics

ACCESSIBILITY – The hearing room is wheelchair accessible.

Last updated: 8/18/2009 1:50:28 PM