(A) Projects in the Capital Improvement Program shall include an amount for works of art equal to one- and one-half percent of each bond purpose. Provided, however, that if:
(1) The bond election ordinance; or
(2) The bond ordinance authorizing revenue bonds; or
(3) Other appropriate laws or regulations; or
(4) An official interpretation by another governmental entity regarding allowable uses for funds which it is providing for the project, precludes art as an expenditure of funds, then the amount of funds so restricted shall be excluded from the total project cost in calculating the amount to be committed to works of art.
(B) Funds generated as described in division (A) above shall be budgeted as part of the Capital Improvements Program budget. Additional private or public funds for works of art may be added to these funds and shall be budgeted in a similar manner. Such funds may be earmarked for particular projects.
(C) The public art program shall expend no less than 25% but no more than 33% of the total amount allocated to the public art program for the administrative costs of the program and to restore and conserve public works of art to protect public investment. The appropriation will be made at the same time as the appropriation for all projects within the Capital Improvement Program.
(D) Progress payments may be made to the artist for works of art which have been approved by the Mayor. Such payments may reimburse the artist for the cost of materials or for services which have already been performed. At least 15% of the total amount to be paid to the artist shall not be disbursed to the artist until the work of art is formally accepted by the Mayor.
(E) Nothing contained herein shall preclude funding the acquisition of art for municipal property in other ways.
('74 Code, § 11-14-5) (Ord. 89- 1978; Am. Ord. 24-1992; Am. Ord. O-2022-035)