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Developers subject to this chapter shall do one of the following:

A. Include on-site publicly accessible art valued at 1.75 percent of the construction cost. If the value of on-site publicly accessible art as installed is less than 1.75 percent of the construction cost, an amount equal to 80 percent of the difference in value shall be paid to the City as an in-lieu fee.

B. Pay an in-lieu fee top the City of 0.80 percent of the construction cost. (Ord. 7787-NS § 2 (Exh. A), 2021)