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a. Programme schedule specified in the application book during the candidacy of the city<br />

for the title of European Capital of Culture;<br />

b. Identified needs after conducting research in the cultural scene of the city;<br />

v. Recommendations of the competent bodies and the Monitoring Commission of the<br />

European Commission.<br />

At the end of each year Work plan shall be adopted, which will determin the list and<br />

continuity of programs and activities that will be implemented in the coming year.<br />

The Work plan along with the Financial plan of the project, is approved by the Steering<br />

Committee of the Foundation, by a simple majority of the total number of members.<br />

Once adopted, the Work plan with the Financial plan shall be submitted for approval to<br />

the City Council of Novi Sad.<br />

After obtaining approval, the Work plan with the fFnancial plan is published on the<br />

"Novi Sad 2021" website and in other ways displayed to the public.<br />

Article 8.<br />

In order to achieve the objectives, the Foundation performs a secondary economic<br />

activity, which is entered in the Register.<br />

The Foundation performs a secondary economic activity under code 79.90 - Other<br />

services and related activities.<br />

The Foundation will carry out this economic activity as a secondary activity, and related<br />

to the objectives for which realization it was established.<br />

Profits of economic activity can only be used for realization of the objectives of the<br />

Foundation, including the costs of the regular work of the Foundation and financing specific<br />

projects.<br />

III<br />

Transparency of the Foundation<br />

Article 9.<br />

In its work the Foundation adheres to the principles of transparency.<br />

Bodies of the Foundation regularly inform the public about all important facts related to the<br />

implementation of the project through the official website, the official social networks, press<br />

releases, press conferences and through regular meetings with media representatives.<br />

For the purpose of informing the public and regular communication it is planned to<br />

organize: public debates, round tables, debates and panel discussions and pronted special<br />

information publications.<br />

IV Using the resources of the Foundation and the circle of beneficiaries

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