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HomeMy WebLinkAboutResolution 573-1988 Peter Horton, A.C.A. Division of Community Services RESOLUTION NO. 573 -1988 A RESOLUTION OF THE BOARD OF COUNTY COMMIS- SIONERS OF MONROE COUNTY, FLORIDA, AUTHORIZ- ING THE MAYOR/CHAIRMAN OF THE BOARD TO EXECUTE A LOAN AGREEMENT BETWEEN THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, AND THE KEY WEST ART & HISTORICAL SOCIETY, CONCERNING TWO (2) MARIO SANCHEZ WOOD CARVINGS. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that the Mayor/Chairman of the Board is hereby authorized to execute a Loan Agreement between the Board of County Commissioners of Monroe County, Florida, and the Key West Art & Historical Society, a copy of same being attached hereto, concerning two (2) Mario Sanchez wood carvings. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the I ~-t day of November, A.D. 1988. BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA Byg~...t- (/ a al.rman (Seal) Attest :DANNY L. KOLHA GE, ~l~. ~L~~/)/ er iP/-'ROVED AS to FORk AND LEGAL SUFFfCIENC'( w ~~~- Attorney' ICe Lt. .~ d ~'")Z "n'l ,)R 17. L. 10.).~ ,'1jjl ,.,H_... . ", ,',., ",' , ,: 11 J U L.i U~) _", ~..i '_i....; ~ ~ ~' ..:I , "~ \....:..' LOA~ AGREEMENT Agreement, made this day of , 1988, between the BOARD OF COUNTY COMMlSSIONERS OF MONROE COUNTY, FLORIDA (the "Board") and the KEY WEST ART & HISTORICAL SOCIETY (the "Society") 1. This agreement covers two (2) Mario Sanchez wood carvings to be loaned by the Board to the Society. 2. The term of this agreement is the six-month period beginning on 1989. 3. This agreement may be prematurely terminated by either party, but if the Board is the terminating party, the Society shall he given thirty (30) days after notice within which to return the carvings. 4. The Society shall display the carvings properly in its art gallery, known as the East Martello Museum, at a temperature of 700 Fahrenheit and a humidity of 55%. The Society assumes all risks of loss and damage to the carvings and shall return them to the Board in the same appearance and condition as when received. 5. During the term of this agreement, the carvings shall not be removed from the East Martello Museum without the Board's , 1988 and ending on . written consent. 6. At all times during the Society's business hours, the Board or its designated representative shall have the right to enter the Museum for the purpose of inspecting the carvings. 7. The Society shall obtain and maintain at all times during the term of this agreement fire, flood, vandalism, malicious mischief, burglary and theft insurance, naming the Board as the beneficiary, in the amount of $10,000 per carving. Evidence satisfactory to the Board that such insurance 1s 1n effect shall be furnished to the Board within ten (10) days after the effective date of this agreement. Not withstanding anything contained in Paragraph 3 above, failure to provide such evidence shall cause this agreement to be void and shall entitle the Board to the immediate return of the carvings. \ . - '- IN WITNESS WHEREOF, each party has caused this agreement to be executed on the date indicated above. BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA BY: MAYOR/CHAIRMAN (SEAL) Attest: CLERK KEY WEST ART & HISTORICAL SOCIETY BY: DIRECTOR WITNESSES BY 2