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A. The City Council is hereby authorized to impose a special tax of up to $0.0329 per square foot of improvements in the City of Berkeley.

B. The tax imposed by this chapter shall be operative on July 1, 1997.

C. The City Council of the City of Berkeley is hereby authorized to increase the tax rate authorized by this Ordinance to the extent that the cost of living in the immediate San Francisco Bay Area has increased. (Ord. 6374-NS § 3, 1997)