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August 30, 1970 - Schenectady in dire straits

Updated: Friday, August 30 2013, 05:34 AM EDT
Taking a look back into CBS6's archives:  the city of Schenectady -- voting to implement its first sales tax on this day back in 1970.
   
City leaders said Schenectady was in a dire financial situation -- and believed the sales tax should have been used to reduce property taxes.
    
A Montgomery ward manager at the Mohawk mall didn't like the decision.
    
The manager said he believed stores would not have moved into Mohawk Mall had the sales tax been implemented a few months earlier.

The sales tax eventually became three-percent.August 30, 1970 - Schenectady in dire straits


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