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8.A. - Page 46
<br /> Land Ownership and Current Special Tax Levy
<br /> Land Ownership; Current Assessed Values. The table below shows the Taxable Parcels
<br /> in the District that are subject to tlle levy of Special Taxes, their respective fee title owners and
<br /> the current San Mateo County assessed value of each parcel.
<br /> Table 1
<br /> Land Ownership in the District and
<br /> 2011-2012 Assessed Value
<br /> San Mateo
<br /> Countv Taxable
<br /> Assessor's Building
<br /> Parcel Property Building Sheet Squ�re 2011-2012 County Assessed Value"'
<br /> Number Owner` Address Footage`'' Land Buildin� Total
<br /> 05�-330-090 SRI Ei;ht Pacitic Shores LLC 1400 Seaport Bl��d 269,000 $ 74,000,000 $27,700,000 $101,700,000
<br /> OSd-330-290 SRI Eiaht Pacitic Shores LLC 1500 Seaport B1� d 150,622 39,-�00,000 19,800,000 59,200,000
<br /> Subtotal for SRI Eisht Pacitic Shores LLC Parcels: 419,622 $113,400,000 $d7.500,000 $160,900,000
<br /> 054-330-070 VII P�c Shores Investors L.L.C. 1200 Seaport Blvd 8R.0�0 $ 10,000,000 $ 23,000,000 $ 33,OOQ000
<br /> 054-330-ORO VII P�c Shrn�es Investors L.L.C. 1300 Seaport Blvd 150,622 16,000,000 38.000.000 5d,000,000
<br /> 054-330-110 VII Pac Shores Investors L.L.C. 1100 Seaport B1� d 38,000 8,365,999 1.0=4�,749 9,d11,7d8
<br /> 0�4-330-170 VII P�c Shores Ineestors L.L.C. 2100 Seaport B1� d 131.000 7.8d3,123 47,0�8.74> >4,901,868
<br /> 0�4-330-190 VII P�c Shores Ineestors L.L.C. 2000 Seaprn�t B1� d 133,000 6.06�,348 44,7�8.09d �Q823,442
<br /> 0�4-330-210 VII Pac Shores In��estors L.L.C. 1900 Seaport Blvd 133,000 6,06�,3�48 �4.7�8,09d �0,823,�42
<br /> 054-330-230 VII Pac Shores Investors L.L.C. 1800 Se�port B1� d 109,706 �,019,599 37.856,1�}5 42,875,744
<br /> 05d-330-250 VII Pac Shores In� estors L.L.C. 1700 Seaport B1� d 116,000 �.200,000 38.300,000 d3,500,000
<br /> 05�-330-270 VII P�c Shores In��estors L.L.C. 1600 Seaport Bl��d 269,000 18,900,000 78,400,000 97,30Q000
<br /> Snbtot�l for VII Pac Shores In� estors L.L.C. Parcels: 1.168,378 $ 83,�4�9,417 $3�3.176,827 $�436,636,24�
<br /> Total for all T�lable Parcels: 1.588,000 $196,859,d17 $400,676,827 $597,536,2d4
<br /> (1) Based on San Mateo County 2011-2012 Secured Property Tax Roll.
<br /> (2) Lqual to the °Commercial Squlre Peet" for the respective parcel, 1s such term is used in the R1te and Method.
<br /> Source: Willdan Pinancill Services.
<br /> Historical Assessed Values. The following table sets forth the total San Mateo County
<br /> assessed value for each of the Taxable Parcels in the District for the current and each of the last
<br /> ten fiscal years.
<br /> Table 2
<br /> Historical Assessed Values of Taxable Parcels
<br /> (figures are in dollars)
<br /> Piscal San Mateo Counfv Assessoi s Parcel Numbers
<br /> Year 054-3 �0-0)0 054-330-290 O5�-�30-070 0�4-;30-0-080 054-3 �0-0-110 054 3�0-0-170 054-330-0-190 054-3 �0-0-210 O5�-� ;0-0-2 �0 0�<1-350-0-250 054-330-0-270
<br /> 2001/02 ��,6�7,�S1 19,(94,�9( 17,351,907 2�,113,�2( 10,200 1(,441,2�9 1�,1C�3,845 1�,09�,729 10,30QC17 1Qfl77,798 �0,8S0,7S3
<br /> 2002/03 SC,,,�},695 30,47�,1C7 2fl,7�S,762 ��,5�S,7C�2 10,�04 39,7i3,513 �5,�01,200 �7,02C,7� 2�25�,1C,7 26,�1fl,303 76,�3Q2�
<br /> 200;/0� 59,500,000 31,OS�,(,69 2Q(OQ000 3�,60Q000 1Q612 26,�00,000 2;,700,000 2;,70Q000 20,200,000 21,750,000 ��,�00,000
<br /> 200�/0� S3,S00,000 31,6(i 13,20Q000 22,2�Q000 10,510 23,;00,000 20,R00,000 20,SOQ000 17,700,000 19,200,000 �9,000,000
<br /> 200�/O6 ��,112,��0 21,fiSi,(,3� 1�,21;,000 23,0(2,4fi0 ll,026 20,;�1,250 1S,OOQ600 1fl,00Q(,00 1�,;5�,100 1C,6�S,1�0 �;,ll3,000
<br /> 2006/07 SC,S�i6,000 2�,698,000 1�,190,000 31,O1S,000 11,2�fi 24,974,000 22,377,000 22,377,000 19,06�,000 2Q(,00,000 o1,8t3C,000
<br /> 2007/Ot3 1L,100,000 (,1,000,000 37,�00,000 (3,OOQ000 9,000,000 52,�00,000 4fi,(,OQ000 �8,600,000 �1,OOQ000 4�,100,000 103,�00,000
<br /> 200fi/09 131,S8Q000 76,�00,000 35,238,270 (4,2CO 9,180,000 S;,S�0,000 �9,572,000 49,�72,000 �1,820,000 ��,9�i2,000 10�,366,000
<br /> 2009/10 110,90Q000 64,600,000 3�i,�00,000 (2,800,000 9,363,600 54,621,000 �0,563,�0 50,�63,4�0 �2,65C,�00 ��,��i1,6�0 106,�00,000
<br /> 2010/11 101,70Q000 59,200,000 35,200,000 �7,�00,000 �J,341,408 �4,�11,5�7 �0,443,CO3 SQ��3,60; �2,�5�,303 �3,50Q000 97,300,000
<br /> 20ll/12 101,700,000 59,200,000 33,000,000 5�,000,000 9,�ll,74ti 7�,901,fl68 �O,�i23,��2 50,823,�42 �2,877,7�� �3,500,000 97,300,000
<br /> The property in the District, including the 11 Taxlble Parcels, was sold in December of
<br /> 2006 by the original developer of the Pacific Shores Center, Pacific Shores Development, LLC,
<br /> to VII Pac Shores Investors L.L.C., at which time the Taxable Parcels were reassessed by the
<br /> County Assessor.
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