12.90.070 Nuclear free contracts and investments.
A. Contracts. The City of Berkeley shall grant no contract to any person or business which knowingly engages in work for nuclear weapons, unless the City Council makes a specific determination that no reasonable alternative exists, taking into consideration the following factors:
1. The intent and purpose of the act;
2. The availability of alternative services, goods and equipment, or other supplies substantially meeting required specifications of the proposed contract; and,
3. Quantifiable additional costs resulting from use of available alternatives.
B. Investments. The City of Berkeley shall refrain from making any new investments in businesses that knowingly engage in work for nuclear weapons or the components of nuclear weapons. Within two years of the adoption of this act, the City of Berkeley shall divest itself of all such investments currently held by it (including pension funds).
The City Council shall adopt a socially responsible plan with respect to county and pension fund investments and shall implement such plans consistent with the intent of this act. (Ord. 5784-NS § 7, 1986)