Deed - 13664 East 14th St - File D-1391, 2005-0922

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�1 OFFICE OF ASSESSOR CI.1 01` SAN LEANDRO COUNTY OF ALAMEDA 1221 Oak St., County Administration Building Oakland, California 94612-4288 (510) 272-3787 / FAX (510) 272-3803 RON THOMSEN ASSESSOR J U LY 17, 2006 CITY SAN LEANDRO REDEVELOPMENT c/o ATTN CITY CLERK 835 E 14TH ST SAN LEANDRO CA 94577-3767 JUL 17 2006 CITY CLERK'S OFFICE N OWNER ON JAN. 1, 2006: CITY SAN LEANDRO REDEVELOPMENT NOTIFICATION OF 2006-2007 ASSESSED VALUE (This is not a tax bill) Property Location: 13664 E 14TH ST Assessor's Parcel Number (APN): 77E-1525-3-4 2006-2007 Factored Proposition 13 Base Year Value: $ 0 2006-2007 Assessed Value: $ 0 2006-2007 Homeowner's Exemption: $ 0 (Taxable personal property and/or fixtures are not included in this assessed value calculation) This notification is to inform you of the assessed value of the above referenced property, which has been enrolled for the 2006-2007 fiscal year. The assessed value is determined as of January 1, 2006. The Assessed Value shown, minus any exemptions for which you may qualify, will be the basis of your 2006-2007 property tax bill. If title was transferred to you after January 1, 2006, your base year value may increase or decrease from the 2006-2007 factored base year value shown above. A separate Notice of Supplemental Assessment will be mailed notifying you of your new base year value as of the date ownership transferred. The Assessor is responsible for assessing property in accordance with Article XIIIA of the California State Constitution (Proposition 13). The primary provisions are as follows: • Property that has not changed ownership or has not had new construction added since March 1, 1975 is valued as of that date. There is a 2% maximum inflation factor applied to this value for each subsequent year. This inflation factor is based on a year by year comparison of the California Consumer Price Index. The product of this application each year results in the factored base year value. • For properties that have changed ownership and/or have had new construction added since March 1, 1975, the date of transfer or the date of completion of new construction is the valuation date. Properties may have multiple valuation dates if more than one reassessable event has occurred. The appropriate inflation factor is applied to each subsequent year. For example, the 2006-2007 factored Proposition 13 value of a property purchased on May 1, 2004 which had new construction completed on May 1, 2005 is comprised of two values. The market value of the property as of May 1, 2004 is factored for inflation for two years and the market value of the new construction as of May 1, 2005 is factored for inflation for one year. The 2006-2007 factored base year value is the sum of these two values. Please refer to the back of this notification for additional information, including how to contact this office. 111-ITD-IE620N (rev. 4/06)