The Ordinance provides for an annual increase based on the average Cost of Living Adjustments for City employees but no more than the most recent December to December Consumer Price Index for San Francisco-Oakland-San Jose (CPI-U), published by the Bureau of Labor Statistics.” The Ordinance also provides that the City Council may review the impact of the cost of living adjustment (COLA) on an annual basis to assess any potential adverse impact and may modify or suspend adoption of a COLA otherwise allowed by this subsection. Pursuant to the Living Wage Ordinance, any adjustment would be effective on July 1.