West Covina Municipal Code § 17-72 Accounting

There is hereby created an art in public places fund. All monies collected in accordance with this article, and in particular in accordance with the in lieu contribution provisions of this article, shall be deposited into this fund. The art in public places fund may also be used as a depository for endowments, bequests, grants, or donations.

(Ord. No. 2117, § 1, 8-17-04)

The city manager shall establish accounting records sufficient to identify and control the art in public places fund. The account containing these funds shall earn interest and the earned interest shall be used for and be subject to the same restrictions set forth in section 17-73.

(Ord. No. 2117, § 1, 8-17-04)

Monies in the art in public places fund may only be used for the following purposes:

(a) The purchase, commission, and/or installation of public artwork.

(b) Maintenance or restoration of public artwork.

(c) Art education programs and events.

(d) Plaques and signage.

(e) Publicity and promotional materials for public art programs and functions.

(f) Training and development for staff and commissioners involved in the administration of the art in public places program.

(g) Other costs directly associated with the administration of the art in public places program as set forth in the annual program budget.

(Ord. No. 2117, § 1, 8-17-04)

The art in public places program shall have an annual administrative budget that shall be included as part of the city's budget. In conjunction with the annual budget, a work program shall be prepared each year which shall set forth a plan for use and expenditure of funds. The work program should specify locations for proposed artworks, approximate value of artworks, and the selection process to be used for commissioning or purchasing artworks. The planning commission shall review the annual work program and render a recommendation for final approval by the city council.

(Ord. No. 2117, § 1, 8-17-04; Ord. No. 2174, § 1, 4-15-08; Ord. No. 2229, § 2(Exh. B), 3-20-12)