March 14, 2005

Agenda* / Notice of Assessment Appeals Board

Assessment Appeals Board 1 Hearing

Room 406, City Hall

Monday, March 14, 2005 To Wednesday, March 16, 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: 2002-1082

APPLICANT: BRE ST. FRANCIS, LLC

PARCEL NO.: 0307 001

PARCEL ADDRESS: 0301 - 0345 POWELL ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $173,284,334.00

APPLICANT’S OPINION: $116,500,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:

APPLICATION: 2002-1083

APPLICANT: BRE ST. FRANCIS, LLC

PARCEL NO.: 0307 013

PARCEL ADDRESS: 0455 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $59,106,664.00

APPLICANT’S OPINION: $29,500,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0099

APPLICANT: BRE ST. FRANCIS, LLC

PARCEL NO.: 0307 001

PARCEL ADDRESS: 0301 - 0345 POWELL ST,

TOPIC: Base Year / Change in Ownership

CURRENT ASSESSMENT: $230,066,985.00

APPLICANT’S OPINION: $124,000,000.00

TAXABLE YEAR: 2001

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

5) Hearing, discussion, and possible action involving:

APPLICATION: 2003-0100

APPLICANT: BRE ST. FRANCIS, LLC

PARCEL NO.: 0307 001

PARCEL ADDRESS: 0301 - 0345 POWELL ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $229,052,702.00

APPLICANT’S OPINION: $105,500,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

6) Hearing, discussion, and possible action involving:

APPLICATION: 2003-1829

APPLICANT: BRE - ST. FRANCIS, LLC

PARCEL NO.: 0307 013

PARCEL ADDRESS: 0455 POST ST,

TOPIC: Base Year / Change in Ownership

CURRENT ASSESSMENT: $90,520,000.00

APPLICANT’S OPINION: $50,000,000.00

TAXABLE YEAR: 1999

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

7) Hearing, discussion, and possible action involving:

APPLICATION: 2003-1830

APPLICANT: BRE - ST. FRANCIS, LLC

PARCEL NO.: 0307 001

PARCEL ADDRESS: 0301 - 0345 POWELL ST,

TOPIC: Base Year / Change in Ownership

CURRENT ASSESSMENT: $201,480,000.00

APPLICANT’S OPINION: $125,000,000.00

TAXABLE YEAR: 1999

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

8) Hearing, discussion, and possible action involving:

APPLICATION: 2003-1831

APPLICANT: BRE - ST. FRANCIS, LLC

PARCEL NO.: 0307 013

PARCEL ADDRESS: 0455 POST ST,

TOPIC: Base Year / Change in Ownership

CURRENT ASSESSMENT: $72,416,000.00

APPLICANT’S OPINION: $50,000,000.00

TAXABLE YEAR: 2000

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

9) Hearing, discussion, and possible action involving:

APPLICATION: 2003-1832

APPLICANT: BRE - ST. FRANCIS, LLC

PARCEL NO.: 0307 013

PARCEL ADDRESS: 0455 POST ST,

TOPIC:

CURRENT ASSESSMENT: $92,330,399.00

APPLICANT’S OPINION: $50,000,000.00

TAXABLE YEAR: 2001

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

10) Hearing, discussion, and possible action involving:

APPLICATION: 2003-1833

APPLICANT: BRE - ST. FRANCIS, LLC

PARCEL NO.: 0307 013

PARCEL ADDRESS: 0455 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $94,177,006.00

APPLICANT’S OPINION: $50,000,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

11) Hearing, discussion, and possible action involving:

APPLICATION: 2003-1834

APPLICANT: BRE - ST. FRANCIS, LLC

PARCEL NO.: 0307 001

PARCEL ADDRESS: 0301 - 0345 POWELL ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $254,207,076.00

APPLICANT’S OPINION: $150,000,000.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

12) Hearing, discussion, and possible action involving:

APPLICATION: 2003-1835

APPLICANT: BRE - ST. FRANCIS, LLC

PARCEL NO.: 0307 013

PARCEL ADDRESS: 0455 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $96,060,547.00

APPLICANT’S OPINION: $50,000,000.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

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.