(a) Establishment of Fund. The Art Commission Public Arts Fund is established as a category four fund to receive all revenue from programs, events, and sale or use of works of art which are under the supervision and control of the Art Commission as well as monies collected and deposited under the Arts Commission Market Street Art Maintenance Account and Arts Commission Youth Arts Account in accordance with Administrative Code Sections 10.100-28 and 10.100-34.
(b) Use of Fund. Unless otherwise provided by Charter, municipal code, contract or funding source, the monies in said fund shall be expended only for the purpose of conducting arts programs and events, the character and nature of which shall be determined by the Art Commission. Any revenue collected from the sale, exchange, or exhibition of a work of art under the jurisdiction of the Art Commission shall be expended exclusively for the purpose of acquiring or maintaining works of art for the same public structure or purpose for which the original work of art was acquired.
(c) Exceptions to Fund Category. The Art Commission shall authorize all expenditures from the fund.
(Added by Ord. 316-00, File No. 001911, App. 12/28/2000; amended by Ord. 187-05, File No. 050999, App. 7/29/2005)
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