Board 1 - July 9, 2012 - Agenda

Meeting Date: 
July 9, 2012 (All day)

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Monday, July 09, 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: 2009-1956
APPLICANT: EASTOPEN, INC
PARCEL NO.: 3701 059
PARCEL ADDRESS: 1215 - 1231 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $46,112,416.00
APPLICANT'S OPINION: $20,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3057
APPLICANT: STATE COMPENSATION INSURANCE FUND
PARCEL NO.: 3701 065
PARCEL ADDRESS: 1275 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $62,162,697.00
APPLICANT'S OPINION: $28,895,516.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3186
APPLICANT: AURORA YB LLC
PARCEL NO.: 3751 410
PARCEL ADDRESS: 0788 HARRISON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $68,088,570.00
APPLICANT'S OPINION: $55,332,222.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

5) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3187
APPLICANT: FEDERAL DEPOSIT INSURANCE CORP.
PARCEL NO.: 3708 097
PARCEL ADDRESS: 0025 JESSIE ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $44,004,380.00
APPLICANT'S OPINION: $19,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

6) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3204
APPLICANT: EASTOPEN, INC
PARCEL NO.: 3701 059
PARCEL ADDRESS: 1215 - 1231 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $46,003,130.00
APPLICANT'S OPINION: $25,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

7) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3446
APPLICANT: DMP CP PLAZA, LLC
PARCEL NO.: 0030 008
PARCEL ADDRESS: 2552 TAYLOR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,868,276.00
APPLICANT'S OPINION: $700,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

8) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3448
APPLICANT: DMP CP PLAZA, LLC
PARCEL NO.: 0030 009
PARCEL ADDRESS: 2552 TAYLOR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,453,101.00
APPLICANT'S OPINION: $600,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

9) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3449
APPLICANT: DMP CP PLAZA, LLC
PARCEL NO.: 0030 010
PARCEL ADDRESS: 2552 TAYLOR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $2,646,727.00
APPLICANT'S OPINION: $1,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

10) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3450
APPLICANT: DMP CP PLAZA, LLC
PARCEL NO.: 0030 011
PARCEL ADDRESS: 2552 TAYLOR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $4,359,318.00
APPLICANT'S OPINION: $2,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

11) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3452
APPLICANT: DMP CP PLAZA, LLC
PARCEL NO.: 0030 011A
PARCEL ADDRESS: 2552 TAYLOR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $3,113,798.00
APPLICANT'S OPINION: $1,400,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

12) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3453
APPLICANT: DMP CP PLAZA, LLC
PARCEL NO.: 0030 012
PARCEL ADDRESS: 2552 TAYLOR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $5,241,562.00
APPLICANT'S OPINION: $2,400,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

13) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3456
APPLICANT: DMP CP PLAZA, LLC
PARCEL NO.: 0030 013
PARCEL ADDRESS: 2552 TAYLOR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $11,417,271.00
APPLICANT'S OPINION: $5,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

14) Hearing, discussion, and possible action involving:
APPLICATION: 2010-4483
APPLICANT: WESTCORE MONTGOMERY, LLC
PARCEL NO.: 0292 001A
PARCEL ADDRESS: 0025 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $19,028,794.00
APPLICANT'S OPINION: $9,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONEMENT DENIED

15) Hearing, discussion, and possible action involving:
APPLICATION: 2010-4485
APPLICANT: WESTCORE MONTGOMERY, LLC
PARCEL NO.: 0292 002
PARCEL ADDRESS: 0001 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $24,472,861.00
APPLICANT'S OPINION: $11,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONEMENT DENIED

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.

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Monday, July 09, 2012
1:30 PM

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: 2009-1280
APPLICANT: BIRKDALE, LLC
PARCEL NO.: 3736 158
PARCEL ADDRESS: 0530 - 0534 FOLSOM ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $9,925,415.00
APPLICANT'S OPINION: $8,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3280
APPLICANT: WFC HOLDINGS CORP
PARCEL NO.: 0312 006
PARCEL ADDRESS: 0744 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $8,865,986.00
APPLICANT'S OPINION: $2,666,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

4) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3355
APPLICANT: 915 FOLSOM STREET, LLC
PARCEL NO.: 0323 023
PARCEL ADDRESS: 0545 O'FARRELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $7,559,067.00
APPLICANT'S OPINION: $4,900,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

5) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3401
APPLICANT: YU, ANNA
PARCEL NO.: 0656 022A
PARCEL ADDRESS: 2659 CALIFORNIA ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $4,800,000.00
APPLICANT'S OPINION: $3,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: BASE YEAR

6) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3410
APPLICANT: YU, ANNA
PARCEL NO.: 0656 022A
PARCEL ADDRESS: 2659 CALIFORNIA ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $5,081,724.00
APPLICANT'S OPINION: $3,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

7) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3420
APPLICANT: REF SF PROPERTIES LLC
PARCEL NO.: 0301 014
PARCEL ADDRESS: 0982 - 0990 POST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $9,396,985.00
APPLICANT'S OPINION: $6,808,077.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

8) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3425
APPLICANT: REF SF PROPERTIES LLC
PARCEL NO.: 0298 030
PARCEL ADDRESS: 0765 SUTTER ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $4,753,485.00
APPLICANT'S OPINION: $4,004,936.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

9) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3426
APPLICANT: REF SF PROPERTIES LLC
PARCEL NO.: 0320 011
PARCEL ADDRESS: 0750 O'FARRELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $8,265,368.00
APPLICANT'S OPINION: $5,532,934.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

10) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3487
APPLICANT: PERFORMING ARTS LLC
PARCEL NO.: 3704 069
PARCEL ADDRESS: 0973 - 0977 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $11,936,243.00
APPLICANT'S OPINION: $3,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

11) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3536
APPLICANT: 166 GRANT, LLC
PARCEL NO.: 0310 017
PARCEL ADDRESS: 0166 GRANT AVE,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $11,116,274.00
APPLICANT'S OPINION: $5,558,136.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

12) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3559
APPLICANT: BIRKDALE, LLC
PARCEL NO.: 3736 158
PARCEL ADDRESS: 0530 - 0534 FOLSOM ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $9,901,892.00
APPLICANT'S OPINION: $5,850,000.00
TAXABLE YEAR: 2010
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 415.554.7724, 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.