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HomeMy WebLinkAbout(1988, 03/28) - F-20 - AmendedF -20 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 Center, have been organized with the express purpose of developing and promoting culture, theatre and the arts. The City would compliment these efforts by establishing a Reserve Fund forCultureandArtsthatcanbeusedfora) developing a master plan for the promotion of culture and arts; b) acquir*ng land and /or the construction of facilities to promote culture and arts and; c) instituting other cultural promotion projects. f The sum of $55,000 shall be reserv4 each year and shall be held in reserve until specific cultural or artist planning, promotion and /or construction projects are approved by the City Council. It is the policy of the City of Newport Beach that expenditures rom the reserve fund should be matched equally by the community in thee form of contributions and donations. In regard to the City's roll,Iin financially sponsoring art and cultural events, the City Arts Commission shall review all programs and requests for support from arts groups. J%e Commission shall forward its recommendations for funding to the City Coy'ncil for final approval. Any appropriation shall not exceed 50% of the Arts Commissions' annual budget. For the purpose of this policy, sits groups shall be defined as those involved in visual, musical, theatre, dance, crafts, performing and literary activities. The following priorities shall be considered by the Commission. The order of preference for granting support shall be as follows: a) Local arts groups located within the City and offering programs to City residents; b) Regional arts groups located in Orange County and offering programs to City residents; and c) Arts groups located in California and performing or offering programs to City residents. Groups not offering programs or services to local residents shall not be eligible for support from the City. Refer to attached Cultural Arts Program Assistance Request form. Adopted - May 11, 1981 Amended - November 14, 1983 Amended;- January 23, 1984 Amended.- March 28, 1988