Board 1 - June 14, 2012 - Agenda

Meeting Date: 
June 14, 2012 (All day)

AMENDED

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Thursday, June 14, 2012 To Friday, June 15, 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: 2010-2914
APPLICANT: PPF OFF ONE MARITIME PLAZA, LP
PARCEL NO.: 0204 019
PARCEL ADDRESS: 0444 BATTERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $6,352,157.00
APPLICANT'S OPINION: $4,200,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

3) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2916
APPLICANT: PPF OFF ONE MARITIME PLAZA, LP
PARCEL NO.: 0204 021
PARCEL ADDRESS: 0300 CLAY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $350,479,258.00
APPLICANT'S OPINION: $281,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

4) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2918
APPLICANT: PPF OFF ONE MARITIME PLAZA, LP
PARCEL NO.: 0204 023
PARCEL ADDRESS: 0250 CLAY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $6,030,397.00
APPLICANT'S OPINION: $3,900,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

5) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3194
APPLICANT: AVALONBAY COMMUNITIES, INC.
PARCEL NO.: 8705 007
PARCEL ADDRESS: 0301 KING ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $132,254,922.00
APPLICANT'S OPINION: $101,055,057.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3195
APPLICANT: AVALONBAY COMMUNITIES, INC.
PARCEL NO.: 8705 006
PARCEL ADDRESS: 0353 - 0383 KING ST,
TOPIC:
CURRENT ASSESSMENT: $154,286,701.00
APPLICANT'S OPINION: $80,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

7) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3240
APPLICANT: 333 MARKET STREET LLC
PARCEL NO.: 3710 020
PARCEL ADDRESS: 0333 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $384,035,672.00
APPLICANT'S OPINION: $115,473,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

8) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3439
APPLICANT: SHR ST. FRANCIS LLC
PARCEL NO.: 0307 001
PARCEL ADDRESS: 0301 - 0345 POWELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $375,896,440.00
APPLICANT'S OPINION: $115,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Both Real & Personal Prty
ROLL TYPE: REGULAR

9) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3441
APPLICANT: SHR ST. FRANCIS LLC
PARCEL NO.: 0307 013
PARCEL ADDRESS: 0455 POST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $108,621,895.00
APPLICANT'S OPINION: $35,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

10) Hearing, discussion, and possible action involving:
APPLICATION: 2010-5369
APPLICANT: AVALON BAY COMMUNITIES
PARCEL NO.: 8705 006
PARCEL ADDRESS: 0353 - 0383 KING ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $154,627,824.00
APPLICANT'S OPINION: $80,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: BASE YEAR

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.