January 17, 2006 (Closed)NOTICE OF CLOSED SESSION MEETING
AGENDA/NOTICE OF ASSESSMENT APPEALS BOARD No. 1 HEARING
ROOM 406, 1 DR. CARLTON B. GOODLETT PLACE, CITY HALL
TUESDAY, JANUARY 17, 2006
9:30 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. Closed session to deliberate valuation and take possible action on the following applications (under R&T Code section 1605.4):
A. APPLICATION:2002-1255
APPLICANT: 120 MONTGOMERY ASSOCIATES LLC
PARCEL NO.: 0289 005
PARCEL ADDRESS: 0120 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $98,692,344.00
APPLICANT'S OPINION: $49,200,000.00
TAXABLE YEAR: 2002
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
B. APPLICATION: 2003-1095
APPLICANT: 120 MONTGOMERY ASSOCIATES LLC
PARCEL NO.: 0289 005
PARCEL ADDRESS: 0120 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $100,666,190.00
APPLICANT'S OPINION: $50,300,000.00
TAXABLE YEAR: 2003
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
C. APPLICATION: 2003-1911
APPLICANT: 120 MONTGOMERY ASSOCIATES LLC
PARCEL NO.: 0289 005
PARCEL ADDRESS: 0120 MONTGOMERY ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $138,000,000.00
APPLICANT'S OPINION: $50,000,000.00
TAXABLE YEAR: 2000
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
D. APPLICATION: 2003-1912
APPLICANT: 120 MONTGOMERY ASSOCIATES LLC
PARCEL NO.: 0289 005
PARCEL ADDRESS: 0120 MONTGOMERY ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $138,000,000.00
APPLICANT'S OPINION: $50,000,000.00
TAXABLE YEAR: 1999
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
E. APPLICATION: 2003-1917
APPLICANT: 120 MONTGOMERY ASSOCIATES LLC
PARCEL NO.: 0289 005
PARCEL ADDRESS: 0120 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $143,575,200.00
APPLICANT'S OPINION: $65,000,000.00
TAXABLE YEAR: 2002
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
F. APPLICATION: 2003-1918
APPLICANT: 120 MONTGOMERY ASSOCIATES LLC
PARCEL NO.: 0289 005
PARCEL ADDRESS: 0120 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $146,446,704.00
APPLICANT'S OPINION: $60,000,000.00
TAXABLE YEAR: 2003
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
G. APPLICATION: 2004-1018
APPLICANT: 120 MONTGOMERY ASSOCIATES LLC
PARCEL NO.: 0289 005
PARCEL ADDRESS: 0120 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $149,180,863.00
APPLICANT'S OPINION: $60,000,000.00
TAXABLE YEAR: 2004
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
3. Possible report on action taken in closed session (pursuant to Government Code Section 54957.1 and San Francisco Administrative Code Section 67.14)
4. Vote to elect whether to disclose any or all discussions held in closed session (pursuant to San Francisco Administrative Code Section 67.14(a).)
5. 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 Frank Darby; by mail to Interim Administrator, #1 Dr. Carlton B. Goodlett Place, Room 244, 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 free copy from Mr. Darby 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
ACCESSIBILITY – The hearing room is wheelchair accessible.