40.03: FUND ESTABLISHED:
There is hereby established an art in public places fund. Said fund shall be credited with donations from individuals, corporations, civic clubs, city funds, grants or other charitable contributions, investment earnings, and such other funds as determined by the city commission. Said funds shall be administered by the visual arts commission solely for the purposes set out in this chapter. Monies credited to such account shall be expended only in connection with acquisition of works of art, maintenance and repair of works of art and direct and indirect expenses of administration of this chapter. (2001 Code § 40.03; amd. Ord. 1587, 8-5-2013)
   A.   Art In Public Places Fund:
      1.   This chapter establishes the fund. Monies received under this chapter, grants, donations and other sources to be utilized for projects can be pooled for larger projects or designated to a specific project.
      2.   Funds shall accumulate. Unexpended funds and accrued interest shall be carried over and rebudgeted in the next fiscal year.
   B.   Eligible Expenditures:
      1.   Projects: All art in public places project commission contracts shall require the artist to design, produce, deliver and install a work of art for a guaranteed maximum cost. The cost may include the cost of the work itself and any associated cost which may be required or are inherently related to the implementation of the project. The following costs are eligible for fund monies included in the total commission contract: the work of art itself, including, but not limited to, artist design fee, artist operating expenses related to the project, travel expenses related to the project, transportation of the work of art to the site, design, preparation and construction of the site, and installation of work of art, identification plaques and labels, mountings, anchorages, containments, pedestals, materials necessary for installation, location or security of artwork, photographs or slides of the completed work for the purpose of routine documentation of the project, permits or fees necessary for installation, and legal costs related to the project.
      2.   Selection, Acquisition And Maintenance: Fund monies are to be used for the selection, acquisition, maintenance of commission, purchase, or produced works of art or art spaces. The following are eligible expenses: administrative fees directly associated with the selection and acquisition of artwork, selection panel, honoraria and travel expenses, payment of proposal stipends to artists invited to submit maquettes for a project, and substantial structural repair, ongoing maintenance, and insurance for works of art. (2001 Code § 40.03)