Board 1 - March 12, 2012 - Agenda

Meeting Date: 
March 12, 2012 (All day)

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Monday, March 12, 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: 2008-2063
APPLICANT: SHR ST FRANCIS LLC
PARCEL NO.: 0307 001
PARCEL ADDRESS: 0301 - 0345 POWELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $313,956,000.00
APPLICANT'S OPINION: $240,000,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: WITHDRAWN

3) Hearing, discussion, and possible action involving:
APPLICATION: 2008-2064
APPLICANT: SHR ST FRANCIS LLC
PARCEL NO.: 0307 013
PARCEL ADDRESS: 0455 POST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $104,652,000.00
APPLICANT'S OPINION: $55,000,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: WITHDRAWN

4) Hearing, discussion, and possible action involving:
APPLICATION: 2009-2823
APPLICANT: SHC ST. FRANCIS, LLC
PARCEL NO.: 0307 001
PARCEL ADDRESS: 0301 - 0345 POWELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $368,964,179.00
APPLICANT'S OPINION: $200,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Both Real & Personal Prty
ROLL TYPE: REGULAR

5) Hearing, discussion, and possible action involving:
APPLICATION: 2009-2824
APPLICANT: SHC ST. FRANCIS, LLC
PARCEL NO.: 0307 013
PARCEL ADDRESS: 0455 POST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $108,879,940.00
APPLICANT'S OPINION: $75,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:
APPLICATION: 2009-2846
APPLICANT: ADOBE SYSTEMS, INC.
PARCEL NO.: 3799 008
PARCEL ADDRESS: 0625 TOWNSEND ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $21,709,298.00
APPLICANT'S OPINION: $20,153,333.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

7) Hearing, discussion, and possible action involving:
APPLICATION: 2009-2848
APPLICANT: ADOBE SYSTEMS, INC.
PARCEL NO.: 3799 001
PARCEL ADDRESS: 0601 TOWNSEND ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $86,733,090.00
APPLICANT'S OPINION: $80,788,194.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

8) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3179
APPLICANT: WESTCORE MONTGOMERY, LLC
PARCEL NO.: 0292 002
PARCEL ADDRESS: 0001 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $24,531,000.00
APPLICANT'S OPINION: $13,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE

9) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3180
APPLICANT: WESTCORE MONTGOMERY, LLC
PARCEL NO.: 0292 001A
PARCEL ADDRESS: 0025 MONTGOMERY ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $19,074,000.00
APPLICANT'S OPINION: $10,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE

10) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3305
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3738 011
PARCEL ADDRESS: 0301 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $74,321,860.00
APPLICANT'S OPINION: $22,323,300.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

11) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3308
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3718 012
PARCEL ADDRESS: 0195 BEALE ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $619,977.00
APPLICANT'S OPINION: $19,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

12) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3316
APPLICANT: FELCOR LODGING TRUST, INC.
PARCEL NO.: 0285 021
PARCEL ADDRESS: 0480 SUTTER ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $46,883,496.00
APPLICANT'S OPINION: $23,425,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

13) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3466
APPLICANT: FELCOR LODGING TRUST, INC.
PARCEL NO.: 0023 005
PARCEL ADDRESS: 1300 COLUMBUS AVE,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $16,135,369.00
APPLICANT'S OPINION: $8,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

14) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3469
APPLICANT: FELCOR LODGING TRUST, INC.
PARCEL NO.: 0023 004
PARCEL ADDRESS: 0575 BEACH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $1,386,661.00
APPLICANT'S OPINION: $650,600.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

15) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3470
APPLICANT: FELCOR LODGING TRUST, INC.
PARCEL NO.: 0022 010
PARCEL ADDRESS: 0475 BEACH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $30,274,530.00
APPLICANT'S OPINION: $15,100,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

16) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3471
APPLICANT: FELCOR LODGING TRUST, INC.
PARCEL NO.: 0022 012
PARCEL ADDRESS:
TOPIC: Decline in Value
CURRENT ASSESSMENT: $129,645.00
APPLICANT'S OPINION: $60,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

17) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3474
APPLICANT: FELCOR LODGING TRUST, INC.
PARCEL NO.: 2009150003
PARCEL ADDRESS:
TOPIC: Decline in Value
CURRENT ASSESSMENT: $10,278,888.00
APPLICANT'S OPINION: $5,000,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

18) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3476
APPLICANT: FELCOR HOTEL ASSET COMPANY, LLC
PARCEL NO.: 2009203981
PARCEL ADDRESS:
TOPIC: Personal Property / Fixtures
CURRENT ASSESSMENT: $10,455,016.00
APPLICANT'S OPINION: $5,150,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Personal Property
ROLL TYPE: REGULAR

19) Hearing, discussion, and possible action involving:
APPLICATION: 2009-5690
APPLICANT: WESTCORE MONTGOMERY, LLC
PARCEL NO.: 0292 001A
PARCEL ADDRESS: 0025 MONTGOMERY ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $18,700,000.00
APPLICANT'S OPINION: $9,500,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL

20) Hearing, discussion, and possible action involving:
APPLICATION: 2009-5692
APPLICANT: WESTCORE MONTGOMERY, LLC
PARCEL NO.: 0292 002
PARCEL ADDRESS: 0001 MONTGOMERY ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $24,050,000.00
APPLICANT'S OPINION: $12,500,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL

21) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6094
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3738 011
PARCEL ADDRESS: 0301 HOWARD ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $128,200,000.00
APPLICANT'S OPINION: $38,456,000.00
TAXABLE YEAR: 2006
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: POSTPONED

22) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6095
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3738 011
PARCEL ADDRESS: 0301 HOWARD ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $128,200,000.00
APPLICANT'S OPINION: $38,456,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: POSTPONED

23) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6096
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3718 012
PARCEL ADDRESS: 0195 BEALE ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $800,000.00
APPLICANT'S OPINION: $240,000.00
TAXABLE YEAR: 2006
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: POSTPONED

24) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6097
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3718 012
PARCEL ADDRESS: 0195 BEALE ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $800,000.00
APPLICANT'S OPINION: $240,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: POSTPONED

25) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6220
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3738 011
PARCEL ADDRESS: 0301 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $130,764,000.00
APPLICANT'S OPINION: $39,225,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

26) Hearing, discussion, and possible action involving:
APPLICATION: 2009-6221
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3718 012
PARCEL ADDRESS: 0195 BEALE ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $816,000.00
APPLICANT'S OPINION: $245,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

27) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0246
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3738 011
PARCEL ADDRESS: 0301 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $133,379,280.00
APPLICANT'S OPINION: $40,009,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

28) Hearing, discussion, and possible action involving:
APPLICATION: 2010-0247
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3718 012
PARCEL ADDRESS: 0195 BEALE ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $832,320.00
APPLICANT'S OPINION: $250,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

29) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2064
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3718 012
PARCEL ADDRESS: 0195 BEALE ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $830,347.00
APPLICANT'S OPINION: $250,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

30) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2065
APPLICANT: W2007 HWD REALTY, LLC
PARCEL NO.: 3738 011
PARCEL ADDRESS: 0301 HOWARD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $133,063,170.00
APPLICANT'S OPINION: $40,010,000.00
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.