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Commission reviews public-art funding rules, bond approvals and project opportunities downtown
Summary
Laredo commissioners discussed the city’s 2% public-art set-aside on bond-funded brick-and-mortar projects, the requirement for bond-counsel review, a recommended three-year spending window and several downtown project opportunities including a Southwest Walkway scheme.
Commissioners reviewed how the city’s capital-financing practice supplies public-art funding and identified downtown projects where the funds could be applied.
Members and staff said the city allocates 2% of certificates of obligation and other bond-funded, brick-and-mortar projects to public art. Staff emphasized that funds tied to specific certificates can have legal limits and that any proposed public-art contract must be cleared by bond counsel before the commission or departments commit funds.
A staff member said the recommended spending window…
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