The deposit required by Section 19.85.2 shall be reduced by the amount of direct expenditures budgeted and subsequently made on approved public arts projects, or for direct expenditures for public art, including arts and cultural facilities or services, required pursuant to a written agreement with the Community Redevelopment Agency of the City of Los Angeles or the Southern California Rapid Transit District, except that direct expenditures in excess of the deposit required for one public works capital improvement project shall not be applied to reduce the deposit requirement for any other public works capital improvement project.
For purposes of this section, “approved public arts project” shall be a project receiving the approval of the Board of Cultural Affairs Commissioners prior to the expenditure of funds therefor, and consisting of:
(1) acquisition or placement of publicly accessible works of art;
(2) acquisition or construction of arts or cultural facilities;
(3) provision of arts or cultural services; or
(4) restoration or preservation of existing works of art.
A public arts project may be approved by the Board of Cultural Affairs Commissioners as part of the annual plan required by Section 19.85.3, or subsequent thereto by individual action taken in the same manner as approval of the annual plan.
The board, bureau or department claiming the reduction of the deposit shall verify to the Cultural Affairs Department the amount of the direct expenditure and that it was made on an approved public arts project.
SECTION HISTORY
Added by Ord. No. 164,244, Eff. 1-15-89.