HomeMy WebLinkAbout(1981, 06/22) - F-20 - AmendedF -20
6/22/81
RESERVE.FUND FOR CULTURE AND ARTS
The City Council hereby recognizes the importance of promoting
culture and the arts within the City of Newport Beach. A number
of individuals and groups, such as the Arts Commission and Friends
of the Newport Theatre Arts, have been organized with the express
purpose of developing and promoting culture, theatre and arts.
The City would complement these efforts by establishing a Reserve
Fund for Culture and Arts that can be used for a) developing a
master plan for the promotion of culture and arts; b) acquiring
land and /or the construction of facilities to promote culture and
arts and, (c) instituting other cultural promotion projects.
The sum of money reserved each year shall be at the discretion of
the City Council and is to be held in reserve until specific
cultural or artistic planning, promotion and /or construction
projects are approved-by the City Council. It is further the
policy of the City of Newport Beach that expenditures from this
fund should be matched equally by the community in the form of
contributions and donations.
Through mutual assistance and joint planning, the Arts Commission
and the City can work together to meet the continuing and changing
cultural and arts needs within Newport Beach.
Adopted - May 11, 1981
Revision - June 22, 1981