Percent for art definition

Percent for art means the program established by this article to set aside a percentage of the total cost of city projects for public art.
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Percent for art means the program established by the ordinance codified in this chapter to set aside a percentage of the total cost of city projects for public art.
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Percent for art. Program (Section 37) Section 37 of the Planning Act allows a municipality or region to permit zoning variances (i.e. increased height, density, etc.) in exchange for funds directed towards “facilities, service or other matters” that benefit the community. As such, the private sector can choose to direct their funds towards public art. This is often seen as a desirable option for developers as the public art will enhance their development while also providing benefit to the wider community. The standard requirement is 1% of the overall project budget. However, it is up to each municipality to determine its own formula. Some municipalities (Richmond Hill uses 1.5%) are now increasing the amount to 1.5-2% to reflect inflation of materials, greater conservation requirements, etc. The monies may be applied to a public art project located on or near the development site itself (must be publicly accessible) or a more general area near the site (i.e. a downtown district, etc.).
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Examples of Percent for art in a sentence

  • Percent for art allocations for Eligible Projects shall be budgeted as an expense within the Eligible Project budget line 9500.807 and transferred upon annual budget approval to Capital restricted fund account 807.

  • Percent for art program applicable to certain City capital improvement projects.

  • Percent for art commissions are commonly tied to a particular location and have a narrative specific to the site and criteria that can be accomplished entirely through a work of art.

  • The following must be submitted prior to receiving building permits:  Submit two copies of the final site plan, building elevations, photometric plan and final landscape plan to the Planning Division. Percent for art requirement must be met. Landscape Bond must be provided.

  • Percent for art also provides an opportunity for smaller developments, which may not warrant an individual artwork or where a development forms part of a larger project, to gauge the sum that would be considered appropriate for an individual contribution towards a collective artwork project.

  • Percent for art is a concept employed throughout America, Australia and Europe, whereby a proportion of the capital cost of a new development or renovation project is allocated to the integrated provision of public art.

  • On the other hand, ef- forts have been ongoing to support public art by donations and private organizations for many years.2 Percent for art strategy, a part of the legal framework in the USA, is obliga- tory in Chicago, as in many other regions (Pi- etsch, 2013).

  • This promises to deliver: • A new programme of strategic creative commissioning• Leverage of new funds from external sources• Increased collaboration with Gloucestershire District Councils• Opportunities for artists within the county to learn new skills Percent for art will be considered for all appropriate Council capital projects with a value of over £300,000.

  • To be able to maintain high safety level, at least to the same extent as today, some issues need to be considered.

  • Percent for art programs in public construction generally commission site-specific artworks that are designed to be responsive to the community that uses the space, building, or infrastructure and integrated into its design.


More Definitions of Percent for art

Percent for art means a percentage of the general obligation funds of the city appropriated for capital improvements as included in the adopted capital improvement program that is set aside for the enhancement of the city's physical environment and public places and the integration of works of art by artists.
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Related to Percent for art

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  • Ten Percent Stockholder means a person who Owns (or is deemed to Own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Affiliate.

  • Ten Percent Owner Optionee means an Optionee who, at the time an Option is granted to the Optionee, owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of a Participating Company within the meaning of Section 422(b)(6) of the Code.

  • Five-Percent Shareholder means a Person or group of Persons that is identified as a “5-percent shareholder” of the Corporation pursuant to Treasury Regulation § 1.382-2T(g).

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Registered in the System for Award Management (SAM means that–

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • registered auditor means a person as defined in terms of the Auditing Professions Act, 20015((Act No. 26 of 2005);

  • Registered entity means a covered entity, opt-in entity,

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Affiliated SAR means an SAR that is granted in connection with a related Option, and which automatically will be deemed to be exercised at the same time that the related Option is exercised.

  • SAR Agreement means the agreement between the Company and an Optionee which contains the terms, conditions and restrictions pertaining to his or her SAR.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Registered in the System for Award Management (SAM) database means that—

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.