October 31, 2005

JOURNAL OF PROCEEDINGS

CITY AND COUNTY OF SAN FRANCISCO

ASSESSMENT APPEALS BOARD

In the meeting of Assessment Appeals Board Number 1 for the City and County of San Francisco on Monday, October 31, 2005, at 9:44 a.m.

Present: Gordon Huseby, Carol Ruth Silver and David Wilbur

Quorum present

Chairperson: Carol Ruth Silver, Presiding

Certified Court Reporter

The following listed applicant for change in the assessed valuation of property affecting the 2002 Assessment Roll being present and heard, the Board heard evidence and testimony from the taxpayer and the assessor on their position that the residential units located at 388 Market/1 Pine are correctly assessed as individual assessments, and therefore, establishing a single-economic for the subject parcels on appeal is not applicable.

At the hour of 10:55 a.m. the Board went into closed session to deliberate on whether or not the property should be valued as a single-economic unit, inclusive of the residential properties that the board brought in under its own motion. The Board, at the hour of 11:28 a.m. reconvened in open session and 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 12:04 p.m., recessed to reconvene Wednesday, November 2, 2005 at 9:30 a.m.

Gloria L. Young

Clerk

Dawn Duran

Administrator

Approved by the Board on Wednesday, November 2, 2005