August 15, 2007

Agenda* / Notice of Assessment Appeals Board

Assessment Appeals Board 2 Hearing

Room 408, City Hall

Wednesday, August 15, 2007

9:30 AM

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) Hearing, discussion, and possible action involving:

APPLICATION: 2004-1340

APPLICANT: GENERAL ELECTRIC COMPANY.

PARCEL NO.: 2004400301

PARCEL ADDRESS: 0225 BUSH ST, 2100

TOPIC: Personal Property/Fixtures/Classification

CURRENT ASSESSMENT: $17,698,954.00

APPLICANT'S OPINION: $5,813,597.00

TAXABLE YEAR: 2004

APPEAL TYPE: Personal Property

ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0070

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 038

PARCEL ADDRESS: 0909V TEXAS ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $250,000.00

APPLICANT'S OPINION: $123,391.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

4) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0073

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 039

PARCEL ADDRESS: 0905V TEXAS ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $500,000.00

APPLICANT'S OPINION: $246,781.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

5) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0074

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 040

PARCEL ADDRESS: 0901V TEXAS ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $330,000.00

APPLICANT'S OPINION: $162,876.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

6) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0075

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 037

PARCEL ADDRESS: 0913V TEXAS ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $250,000.00

APPLICANT'S OPINION: $123,391.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

7) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0076

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 016

PARCEL ADDRESS: 1064V MISSISSIPPI ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $750,000.00

APPLICANT'S OPINION: $370,172.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

8) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0077

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 015

PARCEL ADDRESS: 1004 MISSISSIPPI ST,

TOPIC: Decline in Value

CURRENT ASSESSMENT: $250,000.00

APPLICANT'S OPINION: $123,391.00

TAXABLE YEAR: 2004

APPEAL TYPE: Real Property

ROLL TYPE: ESCAPE

9) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0180

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 038

PARCEL ADDRESS: 0909V TEXAS ST,

TOPIC: Base Year/Change in Ownership-Incorrect Value

CURRENT ASSESSMENT: $250,000.00

APPLICANT'S OPINION: $123,391.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

10) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0181

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 039

PARCEL ADDRESS: 0905V TEXAS ST,

TOPIC: Base Year/Change in Ownership-Incorrect Value

CURRENT ASSESSMENT: $500,000.00

APPLICANT'S OPINION: $246,781.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

11) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0182

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 040

PARCEL ADDRESS: 0901V TEXAS ST,

TOPIC: Base Year/Change in Ownership-Incorrect Value

CURRENT ASSESSMENT: $330,000.00

APPLICANT'S OPINION: $162,876.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

12) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0183

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 037

PARCEL ADDRESS: 0913V TEXAS ST,

TOPIC: Base Year/Change in Ownership-Incorrect Value

CURRENT ASSESSMENT: $250,000.00

APPLICANT'S OPINION: $123,391.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

13) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0184

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 016

PARCEL ADDRESS: 1064V MISSISSIPPI ST,

TOPIC: Base Year/Change in Ownership-Incorrect Value

CURRENT ASSESSMENT: $750,000.00

APPLICANT'S OPINION: $370,172.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

14) Hearing, discussion, and possible action involving:

APPLICATION: 2005-0185

APPLICANT: TEXAS DEVELOPMENT, LLC

PARCEL NO.: 4224 015

PARCEL ADDRESS: 1004 MISSISSIPPI ST,

TOPIC: Base Year/Change in Ownership-Incorrect Value

CURRENT ASSESSMENT: $250,000.00

APPLICANT'S OPINION: $123,391.00

TAXABLE YEAR: 2003

APPEAL TYPE: Real Property

ROLL TYPE: SUPPLEMENTAL

15) Hearing, discussion, and possible action involving:

APPLICATION: 2006-0533

APPLICANT: KIRKLAND & ELLIS, LLP

PARCEL NO.: 2006206461

PARCEL ADDRESS: 0555 CALIFORNIA ST, 2700

TOPIC: Personal Property / Fixtures

CURRENT ASSESSMENT: $18,528,858.00

APPLICANT'S OPINION: $9,264,429.00

TAXABLE YEAR: 2006

APPEAL TYPE: Personal Property

ROLL TYPE: REGULAR

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.

Disability Access – The hearing room is wheelchair accessible.

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