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2007-26684 ResoRESOLUTION NO. 2007-26684 A RESOLUTION OF THE MAYOR AND THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING A DONATION TO THE CITY, FOR THE BASS MUSEUM OF ART, OF THOSE CERTAIN WORKS OF ARTS, AS SET FORTH IN EXHIBIT "A" TO THIS RESOLUTION, VALUED IN TOTAL AT $908,000, FROM ALAN AND ROBERT POTAMKIN. WHEREAS, the Bass Museum of Art collects works of art as one of its purposes and encourages donations of works of art it desires; and WHEREAS, on August 21, 2007, the Board of Trustees of the Bass Museum of Art unanimously approved acceptance, as unrestricted gifts, of those certain works of art, donated to the Museum by Alan and Robert Potamkin, which works are set forth in Exhibit "A" to this Resolution; and WHEREAS, the Bass Museum of Art has documentation, including deeds-of-gift from the donors and valuations for the aforestated works, totaling $908,000; and WHEREAS, the City, as the owner of the Bass Museum of Art, shall have custody of the donated art works, and shall maintain them as it currently maintains works ofart in the Museum's permanent collection; and WHEREAS, as a condition of the City Commission's waiver of the AiPP requirement for the Fifth and Alton commercial/retail project, the Development Agreement required Mr. Alan Potamkin (as one of the equity owners of the project) to make a donation of art to the Bass Museum; and WHEREAS, the City Manager recommends acceptance of the aforestated donation to the City, on behalf of the Bass Museum. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission accept the donation to the City, for the Bass Museum of Art, of those certai orks of arts, asset forth in Exhibit "A" to this Resolution, valued in total at $908,000, from Alan Robert Potamkin. PASSED AND ADOPTED this 17th day of October ATTEST: CITY CLERK Robert Parcher ivid Dermer MAYOR: JMG/HF/MS/gf APPROtiEDA$TO F", 1~'ORM d~ LANt1UAtil~ . ; ., T7 :. ~~. F~~ ~~~-' . ~E ~at~~~~' ~, COMMISSION ITEM SUMMARY Condensed Title: A Resolution of the Mayor and City Commission of the City of Miami Beach, Florida authorizing the acceptance of various gifts of art valued in total at $908,000 from Alan and Robert Potamkin as donated to the Bass Museum of Art. Ke Intended outcome 5u orted: Increase community ratings of cultural activities. Supporting Data (Surveys, Environmental Scan, etc.): According to the 2007 survey, having more cultural activities is ranked by residents as one of the changes that will make Miami Beach a better place to live, work, play and visit. Cultural tourism appears as a key driver for making Miami Beach a better place to live and contributes to the overall quality of life. Issue: Should the City accept the gift of works of art valued at $908,000 for the Bass Museum of Art? item summa ~Kecommendation: Various works of art from the collections of Alan and Robert Potamkin were accepted by the Trustees of the Bass Museum of Art on loan as promised gifts to the Museum on November 14, 2002. On August 21, 2007 the Trustees voted to accept these works as unrestricted gifts to the Museum. Pursuant to the Agreement between the City and the Bass Family, as amended in September 1990, the Board of Trustees must submit to the City its tentative acceptance of donated works of art, and "if the City Commission does ', not vote to reject the donation within 60 days of the date of notice, the acceptance shall become final and the date of acceptance shall become final as of the date of the vote of the board." Maintenance and insurance expenses of the new acquisitions would not increase beyond that which the City already incurs. The Administration recommends the adoption of the attached Resolution authorizing the acceptance of these gifts of works of art, as set forth in Exhibit A and totaling $908,000 by the City on behalf of the Bass Museum of Art, and further providing that these donated works of art shall be maintained by the City in the same manner as it currently maintains other works of art in the Museum's permanent collection. Adviso Board Recommendation: _ Bass Museum of Art Board of Trustees November 14, 2002 and August 21, 2007 Financial Information: Source of Amount Account Funds: ~ 2 3 OBPI Total Financial Impact Summary: The works of art have been on loan to the Museum since 2002. As such, there is no additional cost associated with acce tin this ift. Cit Clerk's Office Le islative Trackin Max Sklar, Tourism and Cultural Development Director Sign-Offs: 9tment~Director I ~ssist~nt City Manager I City Manager }~ AGENDA ITEM G 7S *+ ~~~~Y 1~ ~~~~ DATE l~ ~7`"U7 m MIAMIBEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor David Dermer and Members of the City Commission FROM: Jorge M. Gonzalez, City Manager DATE: October 17, 2007 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA AUTHORIZING THE ACCEPTANCE OF VARIOUS GIFTS OF ART VALUED IN TOTAL AT $908,000 FROM ALAN AND ROBERT POTAMKIN AS DONATED TO THE BASS MUSEUM OF ART. ADMINISTRATION RECOMMENDATION Adopt the resolution. ANALYSIS The itemized works of art listed in the attached Exhibit A were accepted by the Trustees of the Bass Museum of Art as a loan and promised gift on November 14, 2002. The Museum has been in possession of these works since that time and has the appropriate documentation for all of these works. On August 21, 2007, the Trustees voted to accept these works as unrestricted gifts to the Bass Museum of Art. Pursuant to the Agreement between the City and the Bass Family, as amended in September 1990, the Board of Trustees must submit to the City its tentative acceptance of donated works of art, and "if the City Commission does not vote to reject the donation within 60 days of the date of notice, the acceptance shall become final and the date of acceptance shall become final as of the date of the vote of the board." The Museum derives its central purpose from its permanent collection of more than 3,000 objects, including European old master paintings, tapestries, 20th Century and contemporary paintings, sculpture, graphics, photography, and architectural and design arts. Its collections are an integral part of the collective cultural fabric of the region, fully reflecting the diversity of the Museum's constituency and the interests of community collectors. The acquisitions in Exhibit A are appropriate to the Museum's collecting program. By accepting these works of art, the City agrees to accept all future obligations relative to preserving, restoring, storing and exhibiting the works as part of the Museum's permanent collection. Since these works have been on loan to the Museum since 2002, maintenance and insurance expenses related to these new permanent acquisitions would not increase beyond that which the city already incurs. CONCLUSION The Administration recommends the adoption of the attached Resolution authorizing the acceptance of these gifts of works of art, as set forth in Exhibit A and totaling $908,000 by the City on behalf of the Bass Museum of Art, and further providing that these donated works of art shall be maintained by the City in the same manner as it currently maintains other works of art in the Museum's permanent collection. JMG/HMF/MAS/GF T:\AGENDA\2007\oct1707\Consent\Bass Potamkin Gift Memo.doc EXHIBIT A 1. Artist: Nassos Daphnis Title: 3-77, 1977 Medium: Enamel on canvas Size: 75" x 90" Value: $250,000 2. Artist: Nassos Daphnis Title: 11-82, 1982 Medium: Enamel on canvas Size: 88" x 73" Value: $250,000 3. Artist: Nassos Daphnis Title: EME 9-94a, 1994 Medium: Enamel on canvas Size: 36" x 36" Value: $100,000 4. Artist: Carol Feuerman Title: Atlas World 9/11/01 Medium: Evador bronze Size: 42" Value: $80,000 5. Artist: Carol Feuerman Title: Phaeton Medium: Bronze Size: 32" x 16" x 10" Value: $45,000 6. Artist: Carol Feuerman Title: Athena Medium: Bronze and aluminum Size: 32" x 16" x 16" Value: $70,000 7. Artist: Carol Feuerman Title: Self Portrait Medium: Resin and oil Size: 37" x 23" x 37" Value: $85,500 8. Artist: Carol Feuerman Title: The Mask Medium: Oil-painted Venal Size: 8" x 6" x 3" Value: 27,500