Board 1 - February 26, 2013 - Agenda

Meeting Date: 
February 26, 2013 (All day)

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Tuesday, February 26, 2013
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: 2009-0823
APPLICANT: CB-1 HOTEL, LLC
PARCEL NO.: 3706 270
PARCEL ADDRESS: 0757 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $91,667,429.00
APPLICANT'S OPINION: $33,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2009-0824
APPLICANT: CB-1 ENTERTAINMENT PARTNERS
PARCEL NO.: 3706 271
PARCEL ADDRESS:
TOPIC: Decline in Value
CURRENT ASSESSMENT: $8,285,353.00
APPLICANT'S OPINION: $2,750,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:
APPLICATION: 2009-0850
APPLICANT: CDC San Francisco, LLC
PARCEL NO.: 3724 072
PARCEL ADDRESS: 0888 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $191,880,776.00
APPLICANT'S OPINION: $95,940,389.00
TAXABLE YEAR: 2009
APPEAL TYPE: Both Real & Personal Prty
ROLL TYPE: REGULAR

5) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2623
APPLICANT: CDC San Francisco, LLC
PARCEL NO.: 3724 072
PARCEL ADDRESS: 0888 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $189,918,370.00
APPLICANT'S OPINION: $92,800,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Both Real & Personal Prty
ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2697
APPLICANT: BARNEY'S, INC
PARCEL NO.: 0328 003
PARCEL ADDRESS: 0048 STOCKTON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $20,716,508.00
APPLICANT'S OPINION: $12,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

7) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2698
APPLICANT: BARNEY'S, INC
PARCEL NO.: 0328 004
PARCEL ADDRESS: 0048 STOCKTON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $47,355,407.00
APPLICANT'S OPINION: $30,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

8) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2699
APPLICANT: STOCKTON STREET PROPERTIES
PARCEL NO.: 0328 002
PARCEL ADDRESS: 0002 STOCKTON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $34,790,469.00
APPLICANT'S OPINION: $25,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

9) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2819
APPLICANT: 650 TOWNSEND ASSOCIATES LLC
PARCEL NO.: 3783 009
PARCEL ADDRESS: 0699 08TH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $122,305,411.00
APPLICANT'S OPINION: $65,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

10) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3215
APPLICANT: VII MP SAN FRANCISCO HOTEL OWNER LLC
PARCEL NO.: 3706 270
PARCEL ADDRESS: 0757 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $99,343,195.00
APPLICANT'S OPINION: $52,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Both Real & Personal Prty
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

11) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3217
APPLICANT: VII MP SAN FRANCISCO HOTEL OWNER LLC
PARCEL NO.: 3706 271
PARCEL ADDRESS: 0000,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $8,327,955.00
APPLICANT'S OPINION: $4,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

12) Hearing, discussion, and possible action involving:
APPLICATION: 2011-3249
APPLICANT: MF/SIC 180 MONTGOMERY LLC
PARCEL NO.: 0289 009
PARCEL ADDRESS: 0180 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $133,602,510.00
APPLICANT'S OPINION: $50,023,649.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

13) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4063
APPLICANT: CDC San Francisco, LLC
PARCEL NO.: 3724 072
PARCEL ADDRESS: 0888 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $189,795,746.00
APPLICANT'S OPINION: $98,770,183.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real 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 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 415.554.7724415.554.7724, 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(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.