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A. All authorizations and/or appropriations for municipal construction projects shall include an amount equal to one percent of the total project cost except for the following:

1. If the law establishing a source of funds for a particular project excludes works of art or cultural projects as one of the items for which such funds may be expended, the amount of funds from that source shall be excluded from the total project cost in making such calculation.

2. Projects which are funded by one or more of the following sources shall have excluded from the total project cost that amount provided by the following sources:

a. Motor vehicle fuel taxes and motor vehicle excise taxes;

b. Community development block grants and matching funds;

c. Federal revenue sharing and matching funds, except for federal and matching funds received for transit and/or transit-related projects when authorized by a resolution of the Everett city council for a specific project;

d. Other federal, state or local grants and matching funds, except for grants and matching funds received for transit and/or transit-related projects when authorized by a resolution of the Everett city council for a specific project;

e. Utility and solid waste fund projects;

f. LID projects unless specifically authorized in the LID process; and

g. Traffic and drainage mitigation funds.

B. The one percent figure described in subsection A of this section shall not be modified because of subsequent change orders. The amount shall remain fixed.

C. The one percent figure shall be calculated as follows: one percent multiplied by total project cost multiplied by the percent of total project cost paid by eligible funds as described herein.

The one percent contribution to the municipal arts fund based on any transit or related fund shall be calculated and transferred in a manner that allows the one percent contribution based on such funds to be maintained separately and ensures that these funds are only used to pay for art projects that bear a sufficiently close nexus to transit facilities or the purpose of transit.

D. The transfer to the municipal arts fund shall be made as soon as project funding is available from the municipal construction project. (Ord. 2912-06 §§ 1, 2, 2006; Ord. 2266-98 § 1, 1998; Ord. 1471-88 § 3, 1988.)