(A) Absent specific conditions to the contrary, all gifts of money to the city for works of art accepted by the Board of Mayor and Aldermen or appropriations made by the Board of Mayor and Aldermen for works of art shall be deposited into a nonlapsing fund, the art fund, to be used for the purposes identified in paragraph (D). Nothing in this section or §§ 32.032 through 32.035 shall be construed to require or allow the use of any gifts contrary to any provision of law, the terms of any agreement to which the city is a party, or the terms of the gift.
(B) Monies deposited in the art fund may be used for the following purposes:
(1) The acquisition of works of art for city buildings, facilities, parks, and other city property. Acquisition shall be deemed to include the purchase of existing work of art as well as the commissioning of artists to create a work of art;
(2) The placement, installation, display, maintenance, restoration, or repair of any work of art acquired under this program as well as any existing works of art at municipal buildings and facilities;
(3) The service of debt arising out of one of the activities identified in subparagraphs (1) and (2); or
(4) Such other purposes as may be approved by the Board of Mayor and Aldermen upon recommendation of the Committee on Accounts, Enrollment and Revenue Administration.
(C) The Commission may recommend to the Board of Mayor and Aldermen that monies in the art fund be expended for the purposes set forth in paragraph (B).
(D) Any sums remaining in the art fund at the end of any budget year shall remain in the art fund and may be expended in future budget years in accordance with the terms and conditions set forth in paragraphs (B) and (C).
(Ord. passed 12-3-02; Am. Ord. passed 7-7-15)