Board 1 - February 2, 2012 - Agenda

Meeting Date: 
February 2, 2012 (All day)

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Thursday, February 02, 2012
9:30 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 properly 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.

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: 2009-0961
APPLICANT: ONE CALIFORNIA STREET PARTNERS
PARCEL NO.: 0264 004
PARCEL ADDRESS: 0001 CALIFORNIA ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $162,340,945.00
APPLICANT'S OPINION: $100,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3238
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 010
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $40,884,393.00
APPLICANT'S OPINION: $20,390,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

4) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3239
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 011
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $40,884,393.00
APPLICANT'S OPINION: $20,390,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

5) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3240
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 005
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $3,463,586.00
APPLICANT'S OPINION: $1,700,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

6) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6582
APPLICANT: 650 TOWNSEND ASSOCIATES LLC
PARCEL NO.: 3783 009
PARCEL ADDRESS: 0699 08TH ST,
TOPIC: Other
CURRENT ASSESSMENT: $116,954,747.00
APPLICANT'S OPINION: $30,000,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

7) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6583
APPLICANT: 650 TOWNSEND ASSOCIATES LLC
PARCEL NO.: 3783 009
PARCEL ADDRESS: 0699 08TH ST,
TOPIC: Other
CURRENT ASSESSMENT: $119,293,841.00
APPLICANT'S OPINION: $20,000,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

8) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6584
APPLICANT: 650 TOWNSEND ASSOCIATES LLC
PARCEL NO.: 3783 009
PARCEL ADDRESS: 0699 08TH ST,
TOPIC: Other
CURRENT ASSESSMENT: $121,679,717.00
APPLICANT'S OPINION: $20,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

9) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0137
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 005
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $3,529,200.00
APPLICANT'S OPINION: $1,764,600.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: WITHDRAWN

10) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0138
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 010
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $42,350,400.00
APPLICANT'S OPINION: $21,175,120.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: WITHDRAWN

11) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0139
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 011
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $42,350,400.00
APPLICANT'S OPINION: $21,175,120.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: WITHDRAWN

12) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0140
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 005
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $3,599,783.00
APPLICANT'S OPINION: $1,800,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE

13) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0141
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 010
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $43,197,407.00
APPLICANT'S OPINION: $21,640,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE

14) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0142
APPLICANT: LEGACY PARTNERS II SF SPEAR, LLC
PARCEL NO.: 3717 011
PARCEL ADDRESS: 0160 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $43,197,407.00
APPLICANT'S OPINION: $21,640,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE

15) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0275
APPLICANT: SP4 MISSION BAY, LP
PARCEL NO.: 8721 010
PARCEL ADDRESS: 0500 TERRY A. FRANCOIS BL ,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $149,000,000.00
APPLICANT'S OPINION: $135,000,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: POSTPONED

16) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0299
APPLICANT: ONE CALIFORNIA STREET PARTNERS
PARCEL NO.: 0264 004
PARCEL ADDRESS: 0001 CALIFORNIA ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $162,058,755.00
APPLICANT'S OPINION: $85,102,561.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

17) Hearing, discussion, and possible action involving:
APPLICATION: 2010-4042
APPLICANT: 650 TOWNSEND ASSOCIATES LLC
PARCEL NO.: 3783 009
PARCEL ADDRESS: 0699 08TH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $121,391,335.00
APPLICANT'S OPINION: $60,000,000.00
TAXABLE YEAR: 2010
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 the Administrator by mail to: 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 the Administrator or by printing Chapter 67 of the San Francisco Administrative Code from 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.