The foundation shall administer the art in public places and relocatable works of art programs, pursuant to section 103-8.5, and the state art museum to achieve the following purposes:

(1) Replace in public state buildings the natural beauty displaced in construction with works of art expressive of the State’s cultural, creative, and traditional arts of its various ethnic groups;
(2) Support, promote, and recognize excellence of the State’s diverse cultural, creative, and traditional artists; and
(3) Create, display, and maintain in public places and the state art museum a collection of works of art that:

(A) Represents the diversity and excellence of the State’s artistic expression; and
(B) Provides to all the citizens of the State the fullest possible access to the highest quality aesthetic and educational experiences available.