(A) Except as provided in division (B) below, the public artwork requirement shall apply to the following development projects:
(1) Residential development projects involving five or more dwelling units and having a project cost in excess of $1 million.
(2) Commercial, industrial, office or other non-residential development projects having a project cost in excess of $1 million.
(B) The following development projects shall be exempt from the public artwork requirement:
(1) Government agency development projects.
(2) Reconstruction of buildings that have been damaged by fire, flood, wind, earthquake or other calamity.
(3) Affordable housing developments that are either deed-restricted for occupancy by persons of moderate income or less for 25 years or more, or constructed pursuant to a disposition and development agreement with the Monrovia Redevelopment Agency.
(4) Tenant improvements to existing structures.
(5) A new development project that is entirely within the boundaries of a Community Facilities District or similar mechanism to fund ongoing city services, established by the city and fully approved under applicable law by the property owner.
(Ord. 2004-03 § 2 (part), 2004; Ord. 2008-08 § 4, 2008; Ord. 2017-03 § 2, 2017)