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HomeMy WebLinkAboutOrdinance 16-005 Ordinance 16-005 An Ordinance Establishing a Dedicated Public Art Fund of the City of Brookings, SD Be It Ordained and Enacted by the Council of the City of Brookings, State of South Dakota, as follows: I. Sec. 1. — Establishment of a Dedicated Public Art Fund. There is hereby established a Dedicated Public Art Fund within and for the City of Brookings. A Resolution providing for the Advancement of a Comprehensive Public Art Appreciation and Public Displays Program was adopted by the City Council on December 15, 2015. This ordinance incorporates the objectives of that Resolution and establishes, pursuant to that Resolution, a Dedicated Public Art Fund, with procedures for the creation of the Dedicated Public Art Fund set forth herein. Sec. 2. — Findings. The City Council finds that public art and design enhances the environment of the City of Brookings, enriches the lives of its citizens and improves the value of the City's public spaces and buildings. In addition, the presence of public art encourages the careers of local professional artists and provides possible opportunities for their !I employment and career advancement. Moreover, it is the vision of the City Council to support the Creative Class because a creative workforce is important for economic growth and a vibrant community. The Council further finds that art can be more fully appreciated if it is publicly displayed as opposed to merely confined to the internal premises of galleries and museums. Finally, a dedicated funding source for an established program of public art enhances the reputation of the City and serves as a vehicle for attracting new businesses and talent to all sectors of the community. Sec. 3. — Purpose of the Dedicated Public Art Fund. The purpose of the Dedicated Public Art Fund is to provide funding for the design, purchase, acquisition, installation and maintenance of public art for the City of Brookings. Sec. 4. — Funding Procedures. The Dedicated Public Art Fund shall receive an annual appropriation of one percent (1%) of annual capital expenditures from each revenue fund which is within the City Council's budgetary authority and which has an appropriation for capital expenditures. As part of the annual budget preparation process, the City Manager shall provide for such appropriation commensurate with the budgeted capital expenditures, and may recommend that certain expenditures be exempt from the one percent calculation for justifiable reasons. Capital expenditures used for purposes of establishing the annual appropriation shall include equipment, infrastructure, construction projects and real estate that are either new acquisitions or replacements or enhancements of existing capital assets. Sec. 5. —Administration of the Fund. In accordance with Government Accounting Standards Board Statement No. 54 ("GASB 54"), the Dedicated Public Art Fund shall be reported as part of the General Fund for financial reporting purposes, but shall be maintained individually for accounting purposes and budgetary comparisons. A Brookings Public Arts Commission, which is charged with the duty to recommend policies and guidelines for the advancement of public art throughout the community, shall also recommend to the City Council proposed expenditures of the Dedicated Public Art Fund. The City Council shall have final approval of all such policies, guidelines and proposed expenditures of the Dedicated Public Art Fund. Sec. 6 — Effective Date. The Public Art Fund shall be effective as of January 1, 2017. II. Any or all ordinances in conflict herewith are hereby repealed. First Reading: January 26, 2016 Second Reading: February 9, 2016 Published: February 12, 2016 CITY OF BROOKINGS, SD ���., (��"\ �, �-"Y''� Tim Reed, Mayor .x�;A^q���Z z E 1�, g :"vi i�' �' n• cQ�e° d..a• `CPI•'"fH•�' �C'`��` -'�",�� Shari Thornes, City Cle