Title
Airport Romare Bearden Limited-Edition Lithographs
Action
Action:
A. Approve the purchase of 15 limited-edition signed lithographs by artist Romare Bearden, by the sole source exemption, and
B. Approve an agreement with the Arts and Science Council for the purchase of 15 limited-edition signed lithographs by artist Romare Bearden, in the amount of $126,700, to add to the art collection for public display at the Airport.
Body
Staff Resource(s):
Brent Cagle, Aviation
Haley Gentry, Aviation
Sole Source Exemption
§ G.S. 143-129 (e) (6) provides that formal bidding requirements do not apply when:
- Performance or price competition are not available,
- A needed product is available from only one source or supply, or
- Standardization or compatibility is the overriding consideration.
§ Sole sourcing is necessary for this contract because it is not possible to obtain competition.
§ The City Council must approve purchases made under the sole source exemption.
Explanation
§ The Arts and Science Council ASC of Charlotte (ASC) has recommended that the City purchase these prints to enhance the art collection at the Airport and to enhance the customer experience through showcasing the works of Romare Bearden.
§ The City is purchasing these limited-edition, signed lithographs from a local collector - an independent appraiser established the purchase price for each of the lithographs and the ASC recommended the purchase based on the appraised value of the works.
§ The purchase is a private sale and the owner will only receive the appraised value of the works with no commission or additional costs included in the sales price.
§ Aviation is working with the ASC to identify display locations for these works within the main terminal building.
§ This activity is occurring on airport property (Council District 3).
Charlotte Business INClusion
This is a sole source contract and is exempt (Part A: Appendix 1.27 of the Charlotte Business INClusion Policy).
Fiscal Note
Funding: Aviation Operating Budget