5.74.040 Public Art Trust Fund.

City Code Section

(Amended by Ordinances 189611 and 191876, effective September 27, 2024.) 

  1. The Office of Arts & Culture will maintain a special fund called the Public Art Trust Fund into which funds dedicated to public art, excluding creative space, pursuant to Section 5.74.030 shall be deposited.
  2. A.  Such funds will be deposited into the Public Art Trust Fund, and allocated as follows:
    1. 1.  For all public art that is not creative space, as follows:
      1. a.  63 percent will be used for costs associated with acquisition and production of public art including, but not limited to the procurement, creation, fabrication, and installation of public art.
      2. b.  27 percent will be used for costs of administration and management associated with public art, including, but not limited to costs of selection, project management, community education and registration of public art.
      3. c.  10 percent will be used for the maintenance, conservation and deaccessioning of public art.
  3. B.  Such funds will be deposited in separate accounts within the Public Art Trust Fund if separate accounting is required by law.
  4. C.  Disbursements from the Public Art Trust Fund will be made by the Office of Arts & Culture.
    1. 1.  Disbursements will be made according to the terms of this Chapter and any guidelines adopted hereunder.
    2. 2.  If an improvement project is funded by revenue sources whose expenditure is restricted by the City Charter or other law, the Office of Arts & Culture or its designee, prior to making a disbursement for public art from such a restricted account in the Public Art Trust Fund, will adopt written findings demonstrating that the proposed disbursement complies with all applicable restrictions.

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