Board 1 - October 2, 2012 - Agenda

Meeting Date: 
October 2, 2012 (All day)
Agenda* / Notice of Assessment Appeals Board
Assessment Appeals Board 1 Hearing
Room 406, City Hall
Tuesday, October 02, 2012
1:30 PM (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: 2009-3394
APPLICANT: 274 BRANNAN JV LLC
PARCEL NO.: 3774 073
PARCEL ADDRESS: 0274 BRANNAN ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $14,291,804.00
APPLICANT'S OPINION: $4,287,000.00
TAXABLE YEAR: 2009
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

3) Hearing, discussion, and possible action involving:
APPLICATION: 2011-0823
APPLICANT: PONTE GADEA CALIFORNIA, LLC
PARCEL NO.: 0327 026
PARCEL ADDRESS: 0150 POWELL ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $64,313,617.00
APPLICANT'S OPINION: $62,500,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: WITHDRAWN

4) Hearing, discussion, and possible action involving:
APPLICATION: 2011-1133
APPLICANT: IHMS SF, LLC
PARCEL NO.: 0294 013
PARCEL ADDRESS: 0340 STOCKTON ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $52,965,545.00
APPLICANT'S OPINION: $23,140,794.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR
STATUS: POSTPONED

5) Hearing, discussion, and possible action involving:
APPLICATION: 2011-1439
APPLICANT: FIFIELD ECHELON INVESTORS, LLC
PARCEL NO.: 3747 320
PARCEL ADDRESS: 0355 0375 SITUS TO BE ASSIGNED ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $49,097,957.00
APPLICANT'S OPINION: $25,000,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

6) Hearing, discussion, and possible action involving:
APPLICATION: 2011-1749
APPLICANT: FESTIVAL RETAIL FUND I 228 POS
PARCEL NO.: 0294 008
PARCEL ADDRESS: 0228 0240 POST ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $69,833,873.00
APPLICANT'S OPINION: $39,996,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

7) Hearing, discussion, and possible action involving:
APPLICATION: 2011-1800
APPLICANT: TRANSAMERICA REALTY INVESTMENT PROPERTIES, LLC
PARCEL NO.: 0207 037
PARCEL ADDRESS: 0505 SANSOME ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $62,382,915.00
APPLICANT'S OPINION: $40,600,000.00
TAXABLE YEAR: 2011
APPEAL TYPE: Real Property
ROLL TYPE: REGULAR

8) Hearing, discussion, and possible action involving:
APPLICATION: 2011-2775
APPLICANT: 274 BRANNAN JV LLC
PARCEL NO.: 3774 073
PARCEL ADDRESS: 0274 BRANNAN ST,
TOPIC: Decline in Value
CURRENT ASSESSMENT: $52,288,154.00
APPLICANT'S OPINION: $15,684,000.00
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.