Ordinance 2020-552 - Laserfiche WebLink

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§ 104-4.5. —Cost of wWork of aArt. A. All applicants that . - . .•- - -- - - •- : participate in the Public Art Program pursuant to this chapter shall be required to construct a wWork of aArt on the basis of the following cost allocations: (1)For multifamily and commercial projects, one percent of estimated construction costs,not exceeding the sum of$500,000.00, if wWork of aArt is constructed in conjunction with a development project. (2) In lieu of placement of an approved wWork of aArt,the applicant may pay into the Public Art Trust Fund one percent of estimated construction costs of the development project, not exceeding the sum of$500,000.00. (3) If applicant is required opts to make a voluntary monetary contribution under this section, the applicant shall be required to pay a ten percent nonrefundable deposit of the estimated construction costs not to exceed the sum of$500,000.00, which shall be paid within three working days of the date of City Commission approval of the application. B. Nothing in this section shall prohibit the applicant from placing an approved wWork of aArt with acquisition and installation costs in an amount less than the allocation set forth in this section, provided that the applicant shall also pay to the trust fund an amount equal to the difference between the program allocation and the costs of acquisition and installation of such artwork. C. Prior to approval of the site plan or after approval of site plan by the City Commission, the private developer/owner shall submit an appraisal or other evidence of the value of the proposed wWork of aArt, including acquisition and installation costs. § 104-4.6— Certificate of occupancy. The following must be met prior to the issuance of a certificate of occupancy by the City for a development project participating in the Public Art Program pursuant subjeet to the provisions of this chapter: A. The approved wWork of aArt has been constructed and installed in a manner satisfactory to the City Manager of designee and consistent with the site plan approval; and B. All art fees have been paid in lieu of placement of wWork of aArt prior to the issuance of the Certificate of Occupancy. § 104-5. - Ownership and maintenance. A. Ownership of all wWork of aArt acquired by the City shall be vested in the City. B. Artists, as part of any contractual agreement with the City for provision of the wWork of aArt, shall be required to submit to the City Commission a maintenance and inventory sheet 02019 Amend Chapter 104 Art in Public Places 7 of 11 Words added underlined,words stricken deleted