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1 <br />SCULPTURE LOAN AGREEMENT <br />(PUBLIC ART) <br />This Sculpture Loan Agreement (“Agreement”) is effective as of the date of the Mayor’s <br />signature below and is between the City of Everett, a Washington municipal corporation (the <br />“City”), and the person identified as the Lender in the Basic Provisions below (“Lender”). This <br />Agreement includes the Basic Provisions and the attached General Provisions. <br />In consideration of the covenants, terms and conditions set forth below, and for good and <br />valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the City <br />and Lender agree as follows: <br />BASIC PROVISIONS <br />Lender <br />APPLEWOOD FARM STUDIOS, LLC <br />3711 Cabrant Rd. <br />Everson, WA 98247 <br />applewood@cablespeed.com <br />City Project <br />Manager <br />Tyler Chism <br />City of Everett – Economic Development <br />2930 Wetmore Ave., Suite 10A <br />Everett, WA 98201 <br />tchism@everettwa.gov <br />Artwork Title Invision III <br />Term of <br />Agreement From July 10, 2022 to December 31, 2025 <br />Honorarium $1,750.00, paid with 30 days after installation of the Work for public <br />display. <br />Display Location Downtown Everett