From the Worldwide Faith News archives www.wfn.org
O'Keeffe Property Negotiations Are Deadlocked
From
PCUSA NEWS <pcusa.news@ecunet.org>
Date
28 Aug 1998 21:06:58
Reply-To: wfn-news list <wfn-news@wfn.org>
28-August-1998
98287
O'Keeffe Property Negotiations Are Deadlocked
by Alexa Smith
LOUISVILLE, Ky.-Despite weeks of public speculation and intense negotiating
between the Presbyterian Church (U.S.A.) and a Texas foundation in a
dispute about a 12-acre parcel of land once owned by the late artist
Georgia O'Keeffe, there is still no deal.
Last week, the church offered to relinquish the denomination's option
to buy the land in exchange for $350,000 from The Burnett Foundation, a
family enterprise chaired by John and Anne Marion of Fort Worth, Texas,
that has invested heavily in preserving the O'Keeffe legacy in the
Southwest, according to sources close to the negotiations. Earlier in the
summer, the Foundation offered $3 million for the property, which includes
the U-shaped adobe summer house where O'Keeffe once lived.
The five-person PC(USA) negotiating team also reportedly offered to
provide an easement for a private road for access to the property.
Although the "Santa Fe New Mexican" reported Aug. 22 that the
Foundation and the denomination had reached agreement, a dispute about land
use restrictions is apparently stalling the deal.
"We have received various verbal assurances from the Marions that the
O'Keeffe property would be used in a limited manner that would not disturb
the church's use of its Ghost Ranch lands. But to date, they have been
unwilling to put those assurances in writing," PC(USA) general counsel Eric
Graninger told the Presbyterian News Service Aug. 27. "Such assurances are
necessary to ensure long-term protection of the church's ongoing program at
Ghost Ranch."
The O'Keeffe property sits entirely within the boundaries of the
denomination's 21,000-acre Ghost Ranch Conference Center. O'Keeffe
bequeathed the land to her companion, Juan Hamilton. Hamilton granted
first-refusal rights to the church - should the property ever be sold - for
an additional four acres of land in 1987.
Currently appraised at $735,000, the property's actual value is higher
since it was owned by a well-known figure.
The Marions initially offered the denomination $250,000 to waive its
first-refusal rights in order for the Foundation to buy the property from
Hamilton for $3 million. That offer was declined while church officials
examined other options, including
* matching the $3 million offer with a loan from the Presbyterian
Investment and Loan Program (PILP), retaining control of the use of the
land for program or being able to lease it to another entity
* agreeing that another buyer control the property with strict terms
on its use that do not interfere with Ghost Ranch's program or landscape
* buying the property and developing a new donor base that is
interested in perpetuating the O'Keeffe legacy, repairing the fragile adobe
and helping upgrade the increasingly dilapidated facilities at the
financially struggling conference center.
The Marions have said they intend to restore the house for use only by
O'Keeffe scholars. It would become part of the Georgia O'Keeffe Museum and
Study Center in Santa Fe, which the Marions financed. Since 1994, the
couple has pumped more than $55 million into arts projects within the city
itself, according to an article in the "Santa Fe Reporter."
No spokesperson from the Foundation or the Marion family was available
for comment at press time.
"If there are no restrictions on how the property might be used in the
future, that could have a severe impact on our property," said the Rev. Ed
Craxton, associate director for Christian education and a member of the
church's negotiating team. He said both Hamilton and the church proposed
guidelines for future use of the site.
Besides Craxton, the church's negotiators include Paul Biderman of
Santa Fe, chair of the Ghost Ranch Governing Board; the Rev. John McFayden
of Arlington Heights, Ill., chair of the Congregational Ministries Division
Committee; Gene Shannon of Bradenton, Fla., vice chair of the Mission
Support Services Committee; and Diane Wheeler of Palmyra, N.Y., a member of
the General Assembly Council Executive Committee.
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