March 10, 2006-PM (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
FRIDAY, MARCH 10, 2006
1:00 P.M.
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 with legal counsel to continue deliberating on the valuation for the following aplications (pursuant to Revenue & Taxation Code Section 1605.4):
A) 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
B) 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
TAXABLE YEAR: 2002
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
C) 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
D) Pursuant to the Assessment Appeals Board Notice of Intended Action of November 23, 2004, the below listed parcels of real property described as residential units physically located on floors 18 and above at 388 Market Street, but commonly known as 1 Pine Street, will also be discussed during the Board’s deliberation as referenced above.
|
Property Owner
|
Parcel No.
|
Intended Action / Proposed Increase
|
1.
|
Honorway Investments
|
0265 007
|
Not to exceed the factored base year value
|
2.
|
Honorway Investments
|
0265 008
|
Not to exceed the factored base year value
|
3.
|
Honorway Investments
|
0265 009
|
Not to exceed the factored base year value
|
4.
|
Honorway Investments
|
0265 010
|
Not to exceed the factored base year value
|
5.
|
Honorway Investments
|
0265 011
|
Not to exceed the factored base year value
|
6.
|
Honorway Investments
|
0265 012
|
Not to exceed the factored base year value
|
7.
|
Honorway Investments
|
0265 013
|
Not to exceed the factored base year value
|
8.
|
Honorway Investments
|
0265 014
|
Not to exceed the factored base year value
|
9.
|
Honorway Investments
|
0265 015
|
Not to exceed the factored base year value
|
10.
|
Honorway Investments
|
0265 016
|
Not to exceed the factored base year value
|
11.
|
Honorway Investments
|
0265 017
|
Not to exceed the factored base year value
|
12.
|
Honorway Investments
|
0265 018
|
Not to exceed the factored base year value
|
13.
|
Honorway Investments
|
0265 019
|
Not to exceed the factored base year value
|
14.
|
Honorway Investments
|
0265 020
|
Not to exceed the factored base year value
|
15.
|
Honorway Investments
|
0265 021
|
Not to exceed the factored base year value
|
16.
|
Honorway Investments
|
0265 022
|
Not to exceed the factored base year value
|
17.
|
Honorway Investments
|
0265 023
|
Not to exceed the factored base year value
|
18.
|
Honorway Investments
|
0265 024
|
Not to exceed the factored base year value
|
19.
|
Honorway Investments
|
0265 025
|
Not to exceed the factored base year value
|
20.
|
Honorway Investments
|
0265 026
|
Not to exceed the factored base year value
|
21.
|
Honorway Investments
|
0265 027
|
Not to exceed the factored base year value
|
22.
|
Honorway Investments
|
0265 028
|
Not to exceed the factored base year value
|
23.
|
Honorway Investments
|
0265 029
|
Not to exceed the factored base year value
|
24.
|
Honorway Investments
|
0265 030
|
Not to exceed the factored base year value
|
25.
|
Honorway Investments
|
0265 031
|
Not to exceed the factored base year value
|
26.
|
Honorway Investments
|
0265 032
|
Not to exceed the factored base year value
|
27.
|
Honorway Investments
|
0265 033
|
Not to exceed the factored base year value
|
28.
|
Honorway Investments
|
0265 034
|
Not to exceed the factored base year value
|
29.
|
Honorway Investments
|
0265 035
|
Not to exceed the factored base year value
|
30.
|
Honorway Investments
|
0265 036
|
Not to exceed the factored base year value
|
31.
|
Honorway Investments
|
0265 037
|
Not to exceed the factored base year value
|
32.
|
Honorway Investments
|
0265 038
|
Not to exceed the factored base year value
|
33.
|
Honorway Investments
|
0265 039
|
Not to exceed the factored base year value
|
34.
|
Honorway Investments
|
0265 040
|
Not to exceed the factored base year value
|
35.
|
Honorway Investments
|
0265 041
|
Not to exceed the factored base year value
|
36.
|
Honorway Investments
|
0265 042
|
Not to exceed the factored base year value
|
37.
|
Honorway Investments
|
0265 043
|
Not to exceed the factored base year value
|
38.
|
Honorway Investments
|
0265 044
|
Not to exceed the factored base year value
|
39.
|
Honorway Investments
|
0265 045
|
Not to exceed the factored base year value
|
40.
|
Honorway Investments
|
0265 046
|
Not to exceed the factored base year value
|
41.
|
Honorway Investments
|
0265 047
|
Not to exceed the factored base year value
|
42.
|
Honorway Investments
|
0265 048
|
Not to exceed the factored base year value
|
43.
|
Honorway Investments
|
0265 049
|
Not to exceed the factored base year value
|
44.
|
Honorway Investments
|
0265 050
|
Not to exceed the factored base year value
|
45.
|
Honorway Investments
|
0265 051
|
Not to exceed the factored base year value
|
46.
|
Honorway Investments
|
0265 052
|
Not to exceed the factored base year value
|
47.
|
Honorway Investments
|
0265 053
|
Not to exceed the factored base year value
|
48.
|
Honorway Investments
|
0265 054
|
Not to exceed the factored base year value
|
49.
|
Honorway Investments
|
0265 055
|
Not to exceed the factored base year value
|
50.
|
Honorway Investments
|
0265 056
|
Not to exceed the factored base year value
|
51
|
Honorway Investments
|
0265 057
|
Not to exceed the factored base year value
|
.52.
|
Honorway Investments
|
0265 058
|
Not to exceed the factored base year value
|
53.
|
Honorway Investments
|
0265 059
|
Not to exceed the factored base year value
|
54.
|
Honorway Investments
|
0265 060
|
Not to exceed the factored base year value
|
55.
|
Honorway Investments
|
0265 061
|
Not to exceed the factored base year value
|
56.
|
Honorway Investments
|
0265 062
|
Not to exceed the factored base year value
|
57.
|
Honorway Investments
|
0265 063
|
Not to exceed the factored base year value
|
58.
|
Honorway Investments
|
0265 064
|
Not to exceed the factored base year value
|
59.
|
Honorway Investments
|
0265 065
|
Not to exceed the factored base year value
|
60.
|
Honorway Investments
|
0265 066
|
Not to exceed the factored base year value
|
61.
|
Honorway Investments
|
0265 067
|
Not to exceed the factored base year value
|
62.
|
Honorway Investments
|
0265 068
|
Not to exceed the factored base year value
|
63.
|
Honorway Investments
|
0265 069
|
Not to exceed the factored base year value
|
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 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.