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Home My Public Portal About2001.12.14 Bearing Wall Sculpture PETERSCHMIDT FAMILY FOUNDATION 14510 BIG BASIN WAY, # 284 SARATOGA, CALIFORNIA 95070 Friday, December 14, 2001 RECEIVED Lindley Kirkpatrick c/o McCall City Hall DEC 2 4 2001 216 East Park Street CITY OF McCALL McCall,Idaho 83638 COMMUNITY DEVELOPMENT Dear Lindley; It is our has been a great pleasure to donate to the City of McCall the bronze sculpture entitled The Bearing Wall by artist Dan Ostermiller. We would like to thank all the members of the McCall Improvement committee for their dedication to this project and their willingness to help make this gift possible. Enclosed you will find the following official documents: • Certificate Of Authentication • Current Appraisal The total value of our gift to McCall includes the current appraised value of the sculpture ($175,000)plus the shipping costs $3128.18 which totals $178,128.18. The IRS requires a letter from the City of McCall to the Peterschmidt Family Foundation on official City stationery acknowledging the gift. The letter needs to include the following: • Verification of City of McCall Non-profit Status (501-C3 #or equivalent) • Total appraised value of the gift including shipping ($178,128.18) We our currently working on compiling our tax reports for 2001 and would appreciate your response as soon as possible. Thank you for your prompt attention to matter. Sincerely, (_!41A14 100 Carla J. Peterschmidt, Secretary Peterschmidt Family Foundation CERTIFICATE OF AUTHENTICATION. ARTIST: Dan Ostermiller TITLE: The Bearing Wall SIZE: 53-1/2"x 122-7/8"x 66-1/8" MEDIUM: bronze Dan Ostermiller 2000 on end of wall Edition#3/9 Our staff has examined the above item and to the best of our knowledge guarantees it to be authentic as described. RESIDENT Subscribed and sworn before me this 31st day of August,2001. NOTARY PUBLIC My commission expires: 9/29/2002 NEDRA MATTEUCCI GALLERIES 1075 Paseo de Peralta Santa Fe, New Mexico 87501 (505) 982-4631 ❖ FAX: (505) 984-0199 Nedra a euccl Galle6es 1075 Paseo de Peralta • Santa Fe, N.M. 87501 505-982-4631 • Fax: 505-984-0199 NEDRA MATTEUCCI it,ytt�t_�(„t,,anettCCI. ,t,,,W �., tttatt�tt�.�..�,t„ HARRY MCKEE President NELL J. HENDERSON Directors August 1, 2001 Mr. and Mrs. David Peterschmidt 15670 Peach Hill Road Saratoga, CA 95070 APPRAISAL Bronze sculpture by Dan Ostermiller titled The Bearing Wall, 53-1/2"x 122-7/8" x 66-1/8". Edition#3/9. CURRENT REPLACEMENT VALUE: $175,000.00 i Nedra Matteucci * "i kso MA60 REM A'09AM SIM INWI Nedra a euccl Gallen'es 1075 Paseo de Peralta • Santa Fe, N.M. 87501 505-982-4631 • Fax:505-984-0199 ia (a quiryvmattcucci.cotW www.mattcucci.com NEDRA MATTEUCCI LINDA ROMERO President LAURA FINLAY SMITH Directors CARING FOR YOUR DAN OSTERMILLER BRONZE We take pride in the patina (coloration) of your bronze sculpture and would like to pass on some valuable information about protecting the color and finish. The patina is achieved using carefully applied chemical compounds that cause certain oxidation processes to occur on the surface of the bronze. These chemicals and how they are applied bring about specific colors and create the desired effect that we feel works best with the sculpture. The colors, which are quite sensitive to change, must be "sealed" with waxes and/or lacquers in order to protect the sculpture and its patina from the immediate atmosphere. The larger pieces, which are generally placed outside, are always sealed with a special lacquer designed specifically for sculpture. Therefore, in order to maintain your bronze patina, a thin coat of paste wax applied to the surface once or twice a year is recommended. Using a soft bristle brush (never a rag), apply a thin coat of Johnson's Paste Wax to the surface. The patina may darken as the wax is applied, but as it dries, the color will reappear. Let the wax dry for approximately one hour. Then, using a clean soft cloth, wipe your bronze until a desired glow or sheen appears. Never use household cleansers or furniture polishes that may have cleaning agents in them. They will tend to soften and pull the existing wax off and expose the patina to the atmosphere. In order to restore the luster on the wooden bases that we use on some of my pieces, a thin coat of paste wax may be applied and buffed off Some collectors may choose to let their sculpture age "naturally." In that case, no sealer is required. - Dan Ostermiller t W. T , 3d1�71 — .� ........... g F. q u 1/ ./ t CITY OF MCCALL January 4, 2002 C (OPY Carla J. Peterschmidt Peterschmidt Family Foundation 14510 Big Basin Way, #284 Saratoga, CA 95070 re: donation of The Bearing Wall Dear Ms. Peterschmidt: On behalf of the City of McCall and the entire McCall community, please accept my heartfelt thanks for the Foundation's generous donation of The Bearing Wall sculpture. Through the efforts of the McCall Improvement Committee, the sculpture has been installed in Art Roberts Park. The Park provides a gracious setting for the sculpture, with Payette Lake and Brundage Mountain as a dramatic background. The location is easily accessible to all, in the center of downtown, and will be enjoyed by visitors and residents alike. This letter also serves as the City's acknowledgement to the IRS of the Foundation's donation. We understand that the sculpture has been recently appraised at $175,000. The total value of your donation to the City is $178,128.18, including the value of the sculpture and shipping ($3,128.18). As an Idaho municipal corporation, the City has the ability to accept tax-deductible donations under the provisions of Internal Revenue Code §170(c)(1). The Foundation's generous donation to the City has helped spur new interest in public art and has further reinforced the importance of our community beautification efforts. Thank you for all you have done for McCall. Sincerely, Robert Stro e City Manager 216 East Park Street • McCall, Idaho 83638 • (208) 634-7142 • FAX (208) 634-3038