2009/04/01 Council Agenda Packet

EXHIBIT B 0 SCHEDULE OF PAYMENTS City shall pay Artist in progress payments in accordance with this Exhibit B, provided that the total of all payments shall not exceed $75,625. The Artist shall be responsible for payment of all applicable local, state and federal taxes. The Artist shall provide all labor and materials necessary to produce and complete the Work and be responsible for delivery, installation and documentation of Artwork. • 25%progress payment upon receipt of invoice for conceptualization,research and preliminary work, on condition that this conceptualization, research and preliminary work is acceptable to the City. • 25%progress payment upon receipt of(A) documentary photographs showing that the concrete forms have been poured, stamped and designs troweled into the wet concrete, on condition that what is shown in these photographs is acceptable to the City and (B) confirmation that the custom concrete stain colors acceptable to the City have been ordered. The Cultural Arts manager may visit the concrete subcontractor's shop to visually inspect the artwork-in-progress prior to the payment of this progress payment. • 25%progress payment upon receipt of documentary photographs showing that the cured concrete has been painted and or stained by the Artist, on condition that what is shown in these photographs is acceptable to the City. The Cultural Arts Manager may visit concrete subcontractor's shop to visually inspect the artwork-in-progress prior to the payment of this progress payment. • Final payment upon completion of the Work in manner acceptable to the City, which includes the installation of the Artwork at all Everett Swift Stations and the successful application of final sealants to the Artwork. • r: fr