April 11, 2002

JOURNAL OF PROCEEDINGS

CITY AND COUNTY OF SAN FRANCISCO

ASSESSMENT APPEALS BOARD

In the meeting of Assessment Appeals Board Number 1 of the City and County of San Francisco, Thursday, April 11, 2002 at 9:42 a.m.

Present: Peter Fatooh, Frank Mahoney, III, and Diane Robinson

Quorum present

Chairperson: Peter Fatooh, Presiding

The following listed applicant(s) for change in the assessed valuation of property affecting the Assessment Roll for various years being present and heard, the Board heard testimony from Richard Mooers of ITA, agent for the taxpayer, and Harvey Christensen, of Investment Property Economic Consultants (IPEC), appraiser for the taxpayer.

It was disclosed at the hearing that IPEC, who performed the appraisal for the taxpayer for the years at issue, is owned by Dr. William Brown, a former employee of the San Francisco Assessor’s office. Dr. Brown, who retired from the Assessor’s office in 2000, was the appraiser responsible for appraising this property for the Assessor’s office in 1998.

After further discussion with the parties regarding this disclosure, the Board announced its need to address Dr. Brown’s potential conflict of interest in these proceedings with their legal counsel. Therefore, the Board took certain action, as specified under this date, on the original of the respective applications:

There being no further business, the Board, at the hour of 10:35 a.m., recessed to reconvene on Monday, April 15, 2002 at 9:30 a.m.

Gloria L. Young

Clerk

Dawn Duran

Administrator

Approved by the Board on Wednesday, April 24, 2002