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HomeMy WebLinkAboutResolution 2012-017 N.C.S. 02/06/2012 Resolution No. 2012-017 N.C.S. of the City of Petaluma, California ACCEPTING THE RECOMMENDATION OF THE PUBLIC ART COMMITTEE TO APPROVE THE PURCHASE OF THE CHERRY SODA SCULPTURE IN THE AMOUNT OF $25,000 AND AUTHORIZING THE CITY MANAGER TO EXECUTE ANY NECESSARY TRANSACTIONAL DOCUMENTS WHEREAS, the City Council of the City of Petaluma, by Ordinance 2202 N.C.S., authorized the creation of the Public Art Program; and, WHEREAS, the intent of the Public Art Program is to provide public art in public buildings and public open spaces; and, WHEREAS, on November 19, 2008 the City entered into a Public Art Agreement with the Voight Family Sculpture Foundation (VFSF) for the installation of the sculpture "Cherry Soda" in front of 200 C Street; and, WHEREAS, said agreement provides the City an option to purchase "Cherry Soda" for the appraised value of the artwork or $60,000, whichever is less, subject to approval of the sale amount and terms by VFSF; and, WHEREAS, said agreement further provides that within five business days of payment, a bill of sale will be provided to the City transferring all title to and interest in the artwork to the City, free of any liens or encumbrances; and, WHEREAS, an appraisal performed by G:B. Carson Art Consultation and Appraisals supports a purchase price of$25,000, a price that is satisfactory to VFSF and the artist. NOW, THEREFORE, BE IT RESOLVED by the Petaluma City Council as follows: 1. The purchase of artwork known as "Cherry Soda" for an amount of$25,000 is authorized. 2. The purchase price shall be paid directly to the artist, Robert Ellison, from the Public Art Fund. Resolution No. 2012-017 N.C.S. Page I 3. Within five business days of receipt of payment, the artist shall provide a bill of sale, transferring all title to and interest in the artwork to the City, free of any liens or encumbrances. 4. The City Manager shall be authorized to execute any transactional documents necessary to complete the purchase pursuant to these terms. Under the power and authority conferred upon this Council by the Charter of said City. "-1 REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the pp ved alto Council of the City of Petaluma at a Regular meeting on the 6th day of February. on or 2012.by the following vote: Cit -AAltorney AYES: Albertson, Barrett, Mayor Class, Harris. Healy. Kearney NOES: Vice Mayor.Renee ABSENT: None ABSTAIN: None ATTEST: / 11 1 40P-441111,- City Clerk 111 Mayor Resolution No. 2012-017 N.C.S. Page 2