Board 1 - May 21, 2012 - Agenda

Meeting Date: 
May 21, 2012 (All day)

Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Monday, May 21, 2012 To Tuesday, May 22, 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: 2009-0436
APPLICANT: W2005 ARGENT HOTEL REALTY LLC
PARCEL NO.: 3706 074
PARCEL ADDRESS: 0050 03RD ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $159,717,855.00
APPLICANT'S OPINION: $47,911,000.00
TAXABLE YEAR: 2005
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL

3) Hearing, discussion, and possible action involving:
APPLICATION: 2009-0437
APPLICANT: W2005 ARGENT HOTEL REALTY LLC
PARCEL NO.: 3706 074
PARCEL ADDRESS: 0050 03RD ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $159,717,855.00
APPLICANT'S OPINION: $47,911,000.00
TAXABLE YEAR: 2006
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL

4) Hearing, discussion, and possible action involving:
APPLICATION: 2009-0438
APPLICANT: W2005 ARGENT HOTEL REALTY LLC
PARCEL NO.: 3706 074
PARCEL ADDRESS: 0050 03RD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $162,912,212.00
APPLICANT'S OPINION: $48,869,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE

5) Hearing, discussion, and possible action involving:
APPLICATION: 2009-0439
APPLICANT: W2005 ARGENT HOTEL REALTY LLC
PARCEL NO.: 3706 074
PARCEL ADDRESS: 0050 03RD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $166,170,456.00
APPLICANT'S OPINION: $49,846,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE

6) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3046
APPLICANT: ASN FOX PLAZA LLC
PARCEL NO.: 0813 007
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $13,320,546.00
APPLICANT'S OPINION: $10,900,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

7) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3049
APPLICANT: ASN FOX PLAZA LLC
PARCEL NO.: 0813 008
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $67,839,312.00
APPLICANT'S OPINION: $52,020,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

8) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3050
APPLICANT: ASN FOX PLAZA LLC
PARCEL NO.: 0813 010
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $30,945,619.00
APPLICANT'S OPINION: $3,600,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

9) Hearing, discussion, and possible action involving:
APPLICATION: 2009-3256
APPLICANT: W2005 ARGENT HOTEL REALTY LLC
PARCEL NO.: 3706 074
PARCEL ADDRESS: 0050 03RD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $180,334,440.00
APPLICANT'S OPINION: $61,683,575.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

10) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1535
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 007
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $12,902,290.00
APPLICANT'S OPINION: $11,400,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: POSTPONED

11) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1536
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 007
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $12,902,290.00
APPLICANT'S OPINION: $11,400,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

12) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1537
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 007
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $13,160,335.00
APPLICANT'S OPINION: $9,762,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

13) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1538
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 007
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $13,424,406.00
APPLICANT'S OPINION: $7,959,060.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

14) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1539
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 008
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $71,600,000.00
APPLICANT'S OPINION: $41,300,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: POSTPONED

15) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1540
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 008
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $72,858,913.00
APPLICANT'S OPINION: $42,026,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

16) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1541
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 010
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Base Year/Change in Ownership-Incorrect Value
CURRENT ASSESSMENT: $23,250,000.00
APPLICANT'S OPINION: $7,500,000.00
TAXABLE YEAR: 2007
APPEAL TYPE: Real Property
ROLL TYPE: SUPPLEMENTAL
STATUS: POSTPONED

17) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1542
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 010
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $23,250,000.00
APPLICANT'S OPINION: $7,500,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

18) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1543
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 010
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $23,715,000.00
APPLICANT'S OPINION: $7,500,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

19) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1544
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 010
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $23,658,794.00
APPLICANT'S OPINION: $7,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

20) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1826
APPLICANT: 100 FIRST ST PLZ PROP. LLC
PARCEL NO.: 3721 001
PARCEL ADDRESS: 0100 01ST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $18,531,359.00
APPLICANT'S OPINION: $9,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

21) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1827
APPLICANT: 100 FIRST ST PLZ PROP. LLC
PARCEL NO.: 3721 002
PARCEL ADDRESS: 0100 01ST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $9,265,679.00
APPLICANT'S OPINION: $4,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

22) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1828
APPLICANT: 100 FIRST ST PLZ PROP. LLC
PARCEL NO.: 3721 003
PARCEL ADDRESS: 0100 01ST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $9,265,679.00
APPLICANT'S OPINION: $4,500,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

23) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1829
APPLICANT: 100 FIRST ST PLZ PROP. LLC
PARCEL NO.: 3721 004
PARCEL ADDRESS: 0100 01ST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $7,961,369.00
APPLICANT'S OPINION: $4,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

24) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1830
APPLICANT: 100 FIRST ST PLZ PROP. LLC
PARCEL NO.: 3721 005
PARCEL ADDRESS: 0100 01ST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $47,649,649.00
APPLICANT'S OPINION: $23,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

25) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1831
APPLICANT: 100 FIRST ST PLZ PROP. LLC
PARCEL NO.: 3721 084
PARCEL ADDRESS: 0022 - 0026 MINNA ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $37,011,904.00
APPLICANT'S OPINION: $18,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

26) Hearing, discussion, and possible action involving:
APPLICATION: 2010-1832
APPLICANT: 100 FIRST ST PLZ PROP. LLC
PARCEL NO.: 3721 087
PARCEL ADDRESS: 0100 01ST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $39,705,218.00
APPLICANT'S OPINION: $19,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

27) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2069
APPLICANT: W2005 ARGENT HOTEL REALTY LLC
PARCEL NO.: 3706 074
PARCEL ADDRESS: 0050 03RD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $180,334,440.00
APPLICANT'S OPINION: $61,683,575.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

28) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2072
APPLICANT: SEB
PARCEL NO.: 0289 001
PARCEL ADDRESS: 0225 BUSH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $97,188,010.00
APPLICANT'S OPINION: $48,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

29) Hearing, discussion, and possible action involving:
APPLICATION: 2010-2073
APPLICANT: SEB
PARCEL NO.: 0289 007
PARCEL ADDRESS: 0225 BUSH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $74,510,807.00
APPLICANT'S OPINION: $37,000,000.00
TAXABLE YEAR: 2010
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

30) Hearing, discussion, and possible action involving:
APPLICATION: 2010-5250
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 008
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $71,600,000.00
APPLICANT'S OPINION: $41,300,000.00
TAXABLE YEAR: 2008
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

31) Hearing, discussion, and possible action involving:
APPLICATION: 2010-5252
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 008
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $73,032,000.00
APPLICANT'S OPINION: $42,126,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: ESCAPE
STATUS: POSTPONED

32) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2783
APPLICANT: W2005 ARGENT HOTEL REALTY LLC
PARCEL NO.: 3706 074
PARCEL ADDRESS: 0050 03RD ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $174,048,445.00
APPLICANT'S OPINION: $54,788,019.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

33) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4243
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 010
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $23,836,944.00
APPLICANT'S OPINION: $4,700,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

34) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4244
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 008
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC:
CURRENT ASSESSMENT: $73,407,539.00
APPLICANT'S OPINION: $42,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

35) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4245
APPLICANT: TISHMAN SPEYER ARCHSTONE
PARCEL NO.: 0813 007
PARCEL ADDRESS: 1390 MARKET ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $13,480,634.00
APPLICANT'S OPINION: $8,252,628.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

36) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4497
APPLICANT: SEB INVESTMENT GMBH
PARCEL NO.: 0289 007
PARCEL ADDRESS: 0225 BUSH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $75,071,872.00
APPLICANT'S OPINION: $37,500,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

37) Hearing, discussion, and possible action involving:
APPLICATION: 2011-4498
APPLICANT: SEB INVESTMENT GMBH
PARCEL NO.: 0289 001
PARCEL ADDRESS: 0225 BUSH ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $99,744,361.00
APPLICANT'S OPINION: $50,724,527.00
TAXABLE YEAR: 2011
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.