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(a) Establishment of Fund. The Cultural District Fund (the “Fund”) is established as a category eight fund to receive any monies appropriated or donated to pay for City activities designed to support and preserve Cultural Districts established under Administrative Code Chapter 107.
(b) Use of Fund. Monies in the fund shall be used exclusively by the Director of the Mayor’s Office of Housing and Community Development or his or her designee (the “Director”) to support Cultural Districts established by ordinance. The Director shall track monies in the Fund that have been donated or appropriated for each separate Cultural District, and shall expend those monies only for activities supporting that Cultural District.
(c) Administration of Fund. The Director shall submit an annual written report to the Board of Supervisors and the Controller describing expenditures made from the Fund during the previous fiscal year.
(Added by Ord. 126-18, File No. 171140, App. 5/30/2018, Eff. 6/30/2018)