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INSURANCE: The Alpharetta Arts Center, as a division of the Alpharetta Recreation, Parks, and Cultural Services, shall insure the work per artist's specifications noted by terms as follows:

The property insurance carrier will provide a $500,000 blanket limit with a $25,000 maximum any single unscheduled item subject to the $5,000 deductible. The City of Alpharetta would pay deductible. Artworks with a value greater than $25,000 require a schedule. The artist must notify the Arts Center at application deadline of the value of each work. The Arts Center shall be responsible for the safekeeping of all consigned works.

LIMITED WAIVER AND RELEASE. In consideration of the City of Alpharetta (the City) and
Arts Alpharetta providing permission to place and show my artwork (the Work) in the City Arts Center,

Artists hereby assume all responsibility for, and risks and hazards of, placing the Work in the Arts Center. In addition, artists do hereby release the City of Alpharetta and Arts Alpharetta, including all of their respective officials, officers, employees, sponsors, organizers, supervisors, volunteers, participants and all other agents, of any and all claims, demands, rights, causes of action of whatever kind and nature arising by reason of, all known and unknown, foreseen and unforeseen, bodily and personal injuries, damage to property, including without limitation the Work, and the consequences thereof, resulting from placing the Work in the Arts Center. While artists understand that the City of Alpharetta and Arts Alpharetta may carry certain insurance as they deem appropriate to insure their respective interests, artists acknowledge that he or she should not rely on such insurance, and should provide such insurance or other security he or she deems appropriate to protect his or her interests.