§ 271-104. Funds for works of art and public space beautification.

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This section applies only to project agreements executed on or after January 1, 2016. If the estimated construction costs of a capital improvement project exceed $100,000.00, and if the city has provided or agreed to provide an economic incentive for the project, then as part of the overall project agreement between the city and the recipient, the recipient must agree to contribute, from non-incentive funds, an amount equal to one (1) percent of the estimated value of the economic incentive to the public art for neighborhoods fund created by section 271-105. To the extent the recipient has already spent or agreed to spend funds on public art as part of a particular project, the recipient shall receive a dollar for dollar credit up to an amount equal to one (1) percent of the estimated value of the economic incentive, pending approval by the selection committee.

(G.O. 16, 2016, § 1)

                    
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