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1
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she is saying is, of course, what Mr, Case and the
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2
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Committee wants to do. I think it would be in the
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3
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Constitution, as far as credits or abatements vs exemptions
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4
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wouldn't it? I mean —
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5
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MRS. HOFFMAN: All properties shall be assessed
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6
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and —
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7
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MR, SACHS: This is very much like the
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8
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recommendation, if not identical with the recommendation
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9
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made particularly by Mr. Riley, I think, and Mr. Ward went
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10
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along with him.
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11
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THE CHAIRMAN: It's right down the pipe.
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12
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MR. SACHS: Do you have any figures, Mrs. Hoffman
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13
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on the effect, on a State-wide basis?
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14
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MRS. HOFFMAN: We can tell you what the figures
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15
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are involved in the City, but they are obsolete, because
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16
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nobody has ever gone back and checked what property is
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17
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known to be —
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18
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MR. SACHS: In other words, the assessments are
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19
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so old.
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20
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THE CHAIRMAN: Charlie, let me ask you this
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21
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question. Getting back to speaking about the bond issues;
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