January 24, 2005

Agenda* / Notice of Assessment Appeals Board

Assessment Appeals Board 1 Hearing

Room 406, City Hall

Monday, January 24, 2005

9:30 AM (ALL DAY)

Under the California Constitution and applicable statutes, hearings of the Assessment Appeals Board 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 property admitted into evidence in compliance with the Revenue and Taxation code and 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.

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1) Public comment* (For all items on the agenda, as well as items not on the agenda, but under the jurisdiction of the Board.)

2) Hearing, discussion, and possible action involving:

APPLICATION: 2002-1668

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 084

PARCEL ADDRESS: 0022 - 0026 MINNA ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $30,691,800.00

APPILCANT’S OPINION: $14,999,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:

APPLICATION: 2002-1669

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 087

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $32,928,660.00

APPILCANT’S OPINION: $15,998,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:

APPLICATION: 2002-1670

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 001

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $15,366,708.00

APPILCANT’S OPINION: $7,499,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

5) Hearing, discussion, and possible action involving:

APPLICATION: 2002-1671

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 002

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $7,683,354.00

APPILCANT’S OPINION: $3,500,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:

APPLICATION: 2002-1672

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 003

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $7,683,354.00

APPILCANT’S OPINION: $3,500,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

7) Hearing, discussion, and possible action involving:

APPLICATION: 2002-1673

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 004

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $6,585,732.00

APPILCANT’S OPINION: $3,250,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

8) Hearing, discussion, and possible action involving:

APPLICATION: 2002-1674

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 005

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $39,514,392.00

APPILCANT’S OPINION: $19,498,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

9) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0649

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 001

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $15,674,041.00

APPILCANT’S OPINION: $9,846,016.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

10) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0650

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 002

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $7,837,021.00

APPILCANT’S OPINION: $4,922,508.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

11) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0651

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 003

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $7,837,021.00

APPILCANT’S OPINION: $4,922,508.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

12) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0652

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 005

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $40,304,679.00

APPILCANT’S OPINION: $25,317,468.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

13) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0653

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 084

PARCEL ADDRESS: 0022 - 0026 MINNA ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $31,305,636.00

APPILCANT’S OPINION: $19,665,033.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

14) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0654

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 087

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $33,587,233.00

APPILCANT’S OPINION: $21,097,890.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

15) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0655

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 004

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $6,717,446.00

APPILCANT’S OPINION: $4,219,578.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

16) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0458

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 001

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $15,966,674.00

APPILCANT’S OPINION: $4,790,000.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

17) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0459

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 002

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $7,983,337.00

APPILCANT’S OPINION: $2,395,000.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

18) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0460

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 003

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $7,983,337.00

APPILCANT’S OPINION: $2,395,000.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

19) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0461

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 004

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $6,842,860.00

APPILCANT’S OPINION: $2,052,000.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

20) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0462

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 005

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $41,057,166.00

APPILCANT’S OPINION: $12,316,000.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

21) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0463

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 084

PARCEL ADDRESS: 0022 - 0026 MINNA ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $31,890,111.00

APPILCANT’S OPINION: $9,566,000.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

22) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0464

APPLICANT: US PROPERTY INVESTMENT FUND

PARCEL NO.: 3721 087

PARCEL ADDRESS: 0100 1ST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $34,214,305.00

APPILCANT’S OPINION: $10,263,000.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

KNOW YOUR RIGHTS UNDER THE SUNSHINE ORDINANCE

Government's duty is to serve the public, reaching it's 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. This 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 Adele Destro by mail to Interim Administrator, Sunshine Ordinance Task Force, 1 Dr. Carlton B. Goodlett Place, Room 244, San Francisco, CA 94102-4689; by phone at 415.554.7724, by fax at 415.554.7854, or by e-mail at sotf@sfgov.org.

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

Disability Access – The hearing room is wheelchair accessible.

* Public comment will be taken on every item on the agenda.