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properties, but lower the assessed value for industrial and some other changed <br />properties. This proposal as introduced could be beneficial to local governments but <br />needs a much closer look. However, it appears the measure would also cap assessed <br />value at 75% of real market value, rather than at the current 100%. This would put many <br />more properties in the City of Eugene into compression and reduce tax revenue <br />unacceptably. This last provision should be strongly opposed. <br />26 <br />