§ 25.80.040. Assets and property at the Museum.

A.

The Museum is the repository for assets and property owned by the municipality, owned by third parties, and on loan to the municipality.

B.

Municipal property. The current and future real property, facilities, improvements and personal property of the municipality including, but not limited to, artwork, collections, materials, acquisitions, exhibits, displays, books, periodicals, catalogs, indices, equipment, furniture and fixtures, shall remain the sole property of the Municipality.

C.

Third party property. Any objects or property held by the Museum under agreements with, and owned by, third parties, are not municipal property, and shall be held by the Museum under the terms and conditions of such agreements.

D.

Disposition of municipal property. Any disposition of Museum assets shall be conducted pursuant to standard museum practices and contract obligations.

E.

Non-municipal property. Any personal property, equipment, or furniture or fixtures located at the Museum, and owned by a nonprofit entity under contract to manage the Museum, shall be labeled or marked as to its owner, and the owner shall maintain records sufficient to demonstrate ownership.

(AO No. 2007-2, § 2, 1-1-07)