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Ken Barnes 7/27/2023
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Ken Barnes 7/27/2023
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Last modified
7/27/2023 1:24:47 PM
Creation date
7/27/2023 1:24:16 PM
Metadata
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Template:
Contracts
Contractor's Name
Ken Barnes
Approval Date
7/27/2023
End Date
8/9/2025
Department
Economic Development
Department Project Manager
Kari Quaas
Subject / Project Title
“Red Spiral” Sculpture Loan Agreement
Tracking Number
0003850
Total Compensation
$1,500.00
Contract Type
Agreement
Contract Subtype
Sculpture Agreements
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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Sculpture Loan Agreement <br />Page 2 <br />Lender authorizes and licenses the City to reproduce and publish the image of the Work in <br />any medium for the purpose of publicizing the Work, the City, City programs, or Lender. <br />8. STANDARD OF CARE <br /> <br />Subject Section 14 below, the City shall take care of the Work as it would any other City <br />property at a similar location but assumes no additional responsibility or liability regarding the <br />Work unless expressly stated in this Agreement. <br /> <br />9. TERMINATION <br /> <br />The City may terminate this Agreement at any time with or without cause upon thirty days' <br />prior written notice to the Lender. The Lender may terminate this Agreement with or <br />without cause upon thirty days' prior written notice to the City, so long as the termination <br />does not take effect sooner than six months after the beginning date of this Agreement. If a <br />party desires to terminate this Agreement with cause, the terminating party must notify the <br />other party of the reasons for proposed termination and allow the other party a reasonable <br />opportunity to cure. <br /> <br />10. CHANGE OF OWNERSHIP OR ADDRESS <br /> <br />Lender must notify the City promptly in writing of any change of address or change of <br />ownership (whether by reason of death, sale, insolvency, dissolution of marriage, gift or <br />otherwise) of the Work. If the City is unable to contact the Lender regarding the Work, the <br />Lender may lose his rights in the loaned property. The City may require an owner subsequent <br />in title to the Lender to establish the legal right to receive the Work by proof satisfactory to the <br />City. The City Agreement shall be binding upon the heirs, executors, administrators, personal <br />representatives, successors and purchasers. <br /> <br />11. ATTRIBUTION <br /> <br />Credit or attribution of the Work shall be as described in Exhibit A. <br /> <br />12. EMERGENCY CONSERVATION OF WORK <br /> <br />A. Application of Conservation Measures <br /> <br />The City may apply conservation measures without the Lender's permission if: <br /> <br />(1) The Lender can no longer be reached at the address set forth above (or such <br />other address as the Lender may have provided to the City in writing); or <br /> <br />(2) Immediate action is required to protect the Work or to protect other property in <br />the custody of the City or because the Work has become a hazard to the health <br />or safety of the public or to the staff or agents of the City; and <br />
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