Board 1 - June 6, 2012 - Agenda

Meeting Date: 
June 6, 2012 (All day)

THIS MEETING IS CANCELED

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Wednesday, June 06, 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: 2010-2920
APPLICANT: PPF OFF 345 SPEAR STREET, LP
PARCEL NO.: 3744 005
PARCEL ADDRESS: 0002 HARRISON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $73,988,797.00
APPLICANT'S OPINION: $57,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

3) Hearing, discussion, and possible action involving:

APPLICATION: 2010-2923
APPLICANT: PPF OFF 345 SPEAR STREET, LP
PARCEL NO.: 3744 003
PARCEL ADDRESS: 0345 SPEAR ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $138,785,556.00
APPLICANT'S OPINION: $115,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

4) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3244
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 010
PARCEL ADDRESS: 0505 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $5,331,569.00
APPLICANT'S OPINION: $1,603,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

5) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3247
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 011
PARCEL ADDRESS: 0640 SACRAMENTO ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $6,797,758.00
APPLICANT'S OPINION: $2,039,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

6) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3251
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 028
PARCEL ADDRESS: 0505 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $5,063,763.00
APPLICANT'S OPINION: $1,523,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

7) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3254
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 031
PARCEL ADDRESS: 0642 COMMERCIAL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $199,774.00
APPLICANT'S OPINION: $60,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

8) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3255
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 005
PARCEL ADDRESS: 0505 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $3,396,989.00
APPLICANT'S OPINION: $1,022,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

9) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3258
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 006
PARCEL ADDRESS: 0505 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $4,666,101.00
APPLICANT'S OPINION: $1,403,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

10) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3259
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 006A
PARCEL ADDRESS: 0505 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $4,666,101.00
APPLICANT'S OPINION: $1,403,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

11) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3260
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 007
PARCEL ADDRESS: 0505 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $81,980,244.00
APPLICANT'S OPINION: $24,592,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

12) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3261
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 008
PARCEL ADDRESS: 0505 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $5,465,473.00
APPLICANT'S OPINION: $1,644,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

13) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3262
APPLICANT: RREEF AMERICA REIT II CORP RRR
PARCEL NO.: 0227 009
PARCEL ADDRESS: 0505 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $10,396,415.00
APPLICANT'S OPINION: $3,126,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

14) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3312
APPLICANT: LINCOLN 455 MARKET ST.
PARCEL NO.: 3709 012
PARCEL ADDRESS: 0455 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $103,431,932.00
APPLICANT'S OPINION: $10,315,609.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

15) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3313
APPLICANT: 455 MARKET STREET INVESTORS LLC
PARCEL NO.: 3709 011
PARCEL ADDRESS: 0021 - 0029 01ST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $7,159,517.00
APPLICANT'S OPINION: $712,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

16) Hearing, discussion, and possible action involving:
APPLICATION: 2010-3370
APPLICANT: HOST HOTELS & RESORTS, INC
PARCEL NO.: 2010700949
PARCEL ADDRESS:
TOPIC: Decline in Value
CURRENT ASSESSMENT: $420,926,342.00
APPLICANT'S OPINION: $175,751,600.00
TAXABLE YEAR: 2010
APPEAL TYPE: Possessory Interest
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.