February 27, 2006

REVISED

Agenda* / Notice of Assessment Appeals Board

Assessment Appeals Board 1 Hearing

Room 406, City Hall

Monday, February 27, 2006

8:30 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)  8:30 – 10:00 a.m. The Board to meet in closed session with legal counsel to review newly submitted documents in response to the Board’s request made at the October 31, 2005 hearing, and to take possible action on the applications listed below as agenda item numbers 3, 4 and 5 (under R&T Code section 1605.4).

3) 10:15 – 12:00 p.m. Hearing, discussion, and possible action involving:

APPLICATION: 2002-0641

APPLICANT: HONORWAY INVESTMENT CORP.

PARCEL NO.: 0265 005

PARCEL ADDRESS: 0388 MARKET ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $58,978,291.00

APPLICANT'S OPINION: $22,509,237.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:

APPLICATION: 2002-0642

APPLICANT: HONORWAY INVESTMENT CORP.

PARCEL NO.: 0265 004

PARCEL ADDRESS: 0388 MARKET ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $9,550,396.00

APPLICANT'S OPINION: $4,458,359.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

5) Hearing, discussion, and possible action involving:

APPLICATION: 2002-0643

APPLICANT: HONORWAY INVESTMENT CORP.

PARCEL NO.: 0265 003

PARCEL ADDRESS: 0388 MARKET ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $1,192,234.00

APPLICANT'S OPINION: $538,194.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:

APPLICATION: 2003-1090

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $121,687,690.00

APPLICANT'S OPINION: $60,000,000.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: REGULAR

STATUS: POSTPONED

7) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0095

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Base Year/Change in ownership

CURRENT ASSESSMENT: $71,798,315.00

APPLICANT'S OPINION: $35,000,000.00

TAXABLE YEAR: 1998

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

STATUS: POSTPONED

8) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0096

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Base Year/Change in Ownership

CURRENT ASSESSMENT: $76,985,622.00

APPLICANT'S OPINION: $37,000,000.00

TAXABLE YEAR: 1999

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

STATUS: POSTPONED

9) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0097

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $77,521,333.00

APPLICANT'S OPINION: $37,000,000.00

TAXABLE YEAR: 2000

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

STATUS: POSTPONED

10) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0098

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $72,285,622.00

APPLICANT'S OPINION: $37,000,000.00

TAXABLE YEAR: 1999

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

STATUS: POSTPONED

11) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0099

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $73,731,333.00

APPLICANT'S OPINION: $37,000,000.00

TAXABLE YEAR: 2000

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

STATUS: POSTPONED

12) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0100

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $79,071,758.00

APPLICANT'S $38,500,000.00

TAXABLE YEAR: 2001

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

STATUS: POSTPONED

13) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0101

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $80,653,193.00

APPLICANT'S OPINION: $40,000,000.00

TAXABLE YEAR: 2002

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

STATUS: POSTPONED

14) Hearing, discussion, and possible action involving:

APPLICATION: 2004-0102

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $82,266,255.00

APPLICANT'S OPINION: $41,000,000.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

STATUS: POSTPONED

15) Hearing, discussion, and possible action involving:

APPLICATION: 2004-1021

APPLICANT: EOP-ONE POST, LLC

PARCEL NO.: 0311 015

PARCEL ADDRESS: 0001 POST ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $85,401,638.00

APPLICANT'S OPINION: $41,781,000.00

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 Frank Darby by mail to 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 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/font>.

Disability Access – The hearing room is wheelchair accessible.

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