1 BEFORE THE CALIFORNIA STATE BOARD OF EQUALIZATION 2 450 N STREET 3 SACRAMENTO, CALIFORNIA 4 5 6 7 8 REPORTER'S TRANSCRIPT 9 DECEMBER 15, 2010 10 11 12 13 14 15 FINAL ACTIONS 16 ON PROPERTY TAX APPEALS 17 18 19 20 21 22 23 REPORTED BY: JULI PRICE JACKSON 24 CSR NO. 5214 25 26 27 28 1 1 P R E S E N T 2 3 For The Board Betty T. Yee of Equalization: Chair 4 Jerome E. Horton 5 Vice-Chair 6 Barbara Alby Acting Member 7 Michelle Steel 8 Member 9 John Chiang State Controller 10 11 Diane G. Olson Chief, Board 12 Proceedings Division 13 14 ---OOO--- 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2 1 450 N STREET 2 SACRAMENTO, CALIFORNIA 3 DECEMBER 15, 2010 4 ---o0o--- 5 MS. YEE: Let's reconvene the meeting. 6 Ms. Olson, let's take up the matters we have 7 currently under submission. 8 ---o0o--- 9 E1 LODI GAS STORAGE, LLC 10 NO. (198) 538665 11 ---o0o--- 12 MS. OLSON: Our first one is E1, Lodi Gas, LLC. 13 MS. YEE: Okay, Members, we are on item E1, 14 Lodi Gas Storage, LLC. 15 May I have a motion, please? 16 MR. HORTON: Move to adopt staff 17 recommendations. 18 MS. YEE: Motion by Mr. Horton. Is there a 19 second? 20 I will second that motion. 21 Discussion? 22 MR. CHIANG: Yeah, I want to make a comment. 23 I'm going to vote no, but I'd like staff to continue to 24 work with them. 25 Because I mean after we have a mature income 26 stream, I would vote to increase the CEA, but I'm not 27 doing it based on projections. 28 MS. YEE: Okay. Other comments? 3 1 Okay, please call the roll. 2 MS. OLSON: Madam Chair? 3 MS. YEE: Aye. 4 MS. OLSON: Ms. Alby? 5 MS. ALBY: No. 6 MS. OLSON: Ms. Steel? 7 MS. STEEL: No. 8 MS. OLSON: Mr. Horton? 9 MR. HORTON: Aye. 10 MS. OLSON: Mr. Chiang? 11 MR. CHIANG: Aye. 12 MS. OLSON: Motion carries. 13 ---o0o--- 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 4 1 MS. YEE: Okay, next item? 2 ---o0o--- 3 E2 GOLDEN STATE WATER COMPANY 4 NO. (101) 538248 5 ---o0o--- 6 MS. OLSON: Next item is E2, Golden State Water 7 Company. 8 MS. YEE: Okay. Item E2, Golden State Water 9 Company, the assessee has waived appearance on this 10 matter. 11 May I have a motion, please? 12 MR. HORTON: Move adoption. 13 MS. YEE: Motion by Mr. Horton to adopt the 14 staff recommendation. 15 Is there a second? 16 Chair will second that motion. 17 Discussion? Objection? 18 Hearing none, the motion carries. 19 ---o0o--- 20 21 22 23 24 25 26 27 28 5 1 MS. YEE: Next item? 2 ---o0o--- 3 E3 GOLDEN STATE WATER COMPANY 4 NO. (101) 496057 5 ---o0o--- 6 MS. OLSON: Our next item is E3, Golden State 7 Water Company. 8 MS. YEE: Okay, item E3, Golden State Water 9 Company, also a waived appearance matter. 10 May I have a motion, please? 11 MR. HORTON: Move adoption. 12 MS. YEE: Motion by Mr. Horton to adopt the 13 staff recommendation. 14 Chair seconds that motion. 15 Objection? 16 MS. ALBY: Objection. 17 MS. YEE: Okay, discussion? 18 MS. ALBY: No. 19 MS. YEE: Okay, please call the roll. 20 Ms. Olson: Madam Chair? 21 MS. YEE: Aye. 22 MS. OLSON: Ms. Alby? 23 MS. ALBY: No. 24 MS. OLSON: Ms. Steel? 25 MS. STEEL: Aye. 26 MS. OLSON: Mr. Horton? 27 MR. HORTON: Aye. 28 MS. OLSON: Mr. Chiang? 6 1 MR. CHIANG: Aye. 2 MS. OLSON: Motion carries. 3 MS. YEE: Okay and does that conclude the 4 property tax matters? 5 MS. OLSON: Yes, it does. 6 MS. YEE: Okay, thank you very much. 7 Thank you, Mr. Chiang. 8 ---o0o-- 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 7 1 REPORTER'S CERTIFICATE. 2 3 State of California ) 4 ) ss 5 County of Sacramento ) 6 7 I, JULI PRICE JACKSON, Hearing Reporter for the 8 California State Board of Equalization certify that on 9 DECEMBER 15, 2010 I recorded verbatim, in shorthand, to 10 the best of my ability, the proceedings in the 11 above-entitled hearing; that I transcribed the shorthand 12 writing into typewriting; and that the preceding pages 1 13 through 7 constitute a complete and accurate 14 transcription of the shorthand writing. 15 16 Dated: December 24, 2010 17 18 19 ____________________________ 20 JULI PRICE JACKSON 21 Hearing Reporter 22 23 24 25 26 27 28 8