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<br />#1. Base Prices on the Fair <br />Market Rate <br /> <br />. The ordinance <br />establishes base meter <br />rates. <br />. Target occupancy rate is <br />set at 85 0/0. <br />. A process is established <br />for rates to be adjusted <br />up or down in 25-cent <br />increments to meet the <br />target occupancy rate. <br /> <br />