Annual CPI Adjustment. Beginning on July 1, 2020 and on July 1 of each succeeding fiscal year thereafter, the amount of each benefit rate payment imposed by this subsection shall be increased by the most recent change in the annual average of the Consumer Price Index ("CPI”) for all urban consumers in the San Francisco-Oakland-San Xxxx areas as published by the United States Government Bureau of Labor Statistics. However, no CPI adjustment resulting in a decrease of any payment shall be made.
Appears in 5 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
