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21 <br />projects shall include all such projects, however financed, including but not limited to <br />projects in any Capital Improvement Program.. <br />f. "Eligible Project Costs" means the total amount appropriated for design, <br />and construction of an Eligible Project (including funding from outside sources which <br />permit the acquisition of Artwork for the Eligible Project with such funds), but excluding <br />the actual costs of: (1) real property acquisition, (2) demolition of existing structures, (3) <br />environmental remediation, and (4) legal and accounting fees, <br />g. "Public Art Account" means a bank account maintained by ASC pursuant <br />to Section 1,.3 of this ordinance, <br />h, "Public Art Funds" means the line items in the project budgets for Eligible <br />Projects into which all monies generated under this ordinance or derived from gifts or <br />donations to the County for public azt shall be allocated as set forth in Section 1.4 below. <br />i. "Renovation" means any major redesign of a facility or system or portion <br />thereof which is included in the County's Capital Improvement Program budget, <br />including expanding or upgrading the capacity of the facility or system, enlarging the <br />facility or creating a new use for the facility. Renovation does not include routine <br />repairs, maintenance, the installation of mechanical equipment or modifications required <br />solely for the purposes of code compliance, <br />j. "Public Art Collection" means the Artworks owned by the County as a <br />result of this ordinance or the public azt resolutions of November 23, 1981 and May 10, <br />199.3 which preceded this ordinance, <br />]t. "Public Art Commission" shall mean the Charlotte-Mecklenburg Public <br />Art Commission described in Section 1.5 below.. <br />Section 1.3 ASC Art Fund <br />a. A Public Art Account shall be established at a national bank located in <br />Charlotte, North Carolina. The account shall be opened in the name ofASC and <br />designated as a "Public Art Account." ASC shall be the sole signatory on such account. <br />Deposits and withdrawals from such account shall be strictly in accordance with this <br />ordinance.. <br />b. ASC shall maintain detailed ledgers of all transactions from the Public Art <br />Account, and shall maintain copies of all account statements. The County shall have the <br />unlimited right to review such ledgers and statements, and all supporting documentation <br />for expenditures by ASC. for Eligible Projects. ASC shall cause the Public Art Account <br />to be audited annually by a certified public accountant. The report of such audit shall <br />promptly be delivered to the County Director ofFinance. <br />