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HomeMy WebLinkAboutR2009-008our documents\resolutions\09\mou loan of artwork.doc RESOLUTION NO.OT A RESOLUTION APPROVING A MEMORANDUM OF UNDERSTANDING TO LOAN THE WATERCOLOR PAINTING, SPRING DUSK, TO THE PEARL FINCHER MUSEUM OF FINE ARTS IN SPRING, TEXAS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Parks, Recreation and Beautification Board and the Public Art Committee recommend approval of the loan of Spring Dusk; and WHEREAS, the City Council finds that it is in the public interest to loan the watercolor painting, Spring Dusk, to the Pearl Fincher Museum of Fine Arts in Spring, Texas; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. The City Council of the City of Denton, Texas hereby approves the loan of the watercolor painting, Spring Dusk, to the Pearl Fincher Museum of Fine Arts in Spring, Texas. SECTION 2. This resolution shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the5~~_ day of 2009. l MARK A. BU UG S MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY B APPROVED AS TO LEGAL FORM: ANITA BURGESS, CITY ATTORNEY BY: sAourdocunmtskontracts\o9lmou loan ofartwork.doc MEMORANDUM OF UNDERSTANDING SPRING DUSK" WATERCOLOR BY ROB ERDLE Property of City of Denton DELIVERY Pearl Fischer Museum of Fine Arts must procure the services of Displays Unlimited, Inc. (art handlers) of Arlington, TX to pack and transport said piece of art to and from exhibition site. INSTALLATION No artwork or exhibition component may be removed from the Museum premises once installed without permission of the City of Denton. The Pearl Fincher Museum of Fine Arts staff produces all labels for the exhibition. The appropriate label text for each piece of artwork should, at a minimum, include the artist's name, title, and medium. INSURANCE The value of the work is required for insurance proposes. The City of Denton will provide an appraisal of the art and the amount of necessary insurance. Museum must show certificate of insurance from the time of removal from wall of Denton City Hall until it is safely returned to its permanent location. (This may be covered by art handlers and museum borrowers insurance). The work of art will be insured while on the premises and during shipment. Experienced gallery personnel will light the show. I have read and agree to follow the Memorandum of Understanding. CITY OF DENTO y Z") George Campbell Date City Manager APPROVED AS TO LEGAL FORM: Anita Burgess, City Attorney BY: PEARL FINCHER MUSEUM OF FINE ARTS Rosemary Hickman Date Education Director MAR 1 7 2009H11 By March 12, 2009 Huntington T. Block Insurance Agency, Inc. An Aon Company 1120 20th Street NW 6th Floor Washington, DC 20036 Telephone: (202) 223-0673 Fax: (202) 331-8409 wNvw.HuntingtonTBlock.com CERTIFICATE OF INSURANCE This memorandum is for information only; it is not a contract of insurance but attests that a policy as numbered herein, and as it stands at the date of this certificate, has been issued by the Company. Said policy is subject to change by endorsement and to assignment and cancellation in accordance with its terms. The following is information from the policy. Policy Type:HTB Small Museum Temporary Loans Named Insured:Cypress Creek Fine Art Association dba Pearl Fincher Museum of Fine Arts Address:6815 Cypresswood Drive Spring, Tx 77379 Dates:From: April 3, 2009 To: August 15, 2009 12:01 A.M. Standard Time at the place of issuance. Limits of Liability:15,400 on the following Spring Dusk" by Rob Erdle, watercolor on paper, framed, 4x8' work(s) of art: It is understood and agreed that the City of Denton is named as Additional Insured as its respective interests may appear with regard to the above referenced work of art. Fine Art Insurance on a wall-to-wall basis Company(s) and Policy Number(s) Ace Fire Underwriters Insurance Company IMCIO8674498 Certificate issued to:Citv of Denton City Hall 215 E. McKinney Denton, Tx 76201 Authorized Representative: Account Executive- Molly Slattery MCERT