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Suppose a private property is sold to the city, thereby removing it from the property tax roll. What impact would this have on 1) property

Suppose a private property is sold to the city, thereby removing it from the property tax roll.

What impact would this have on 1) property tax rates, 2) the total assessed valuation of real property in the county, and 3) the impact on property tax levies for the remaining taxpayers?

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