A 16-foot, multicolored sculpture by artist Carl Regutti was donated to the Town of Chapel Hill by GS Carolina, a Raleigh-based real estate company, and the David L. Guy Family.
The sculpture — worth about $90,000 — is the largest gift of art that the town has received to date, said Jeffrey York, Chapel Hill public and cultural arts administrator.
“We are delighted to add such a fine sculpture to our growing art collection,” he said in a press release.
The sculpture has been on loan to the town since 2009 and is currently located at the intersection of North Columbia Street and Martin Luther King Jr., Boulevard in front of Fire Station 1.
But Kathy Thompson, Chapel Hill public library director, is eyeing the sculpture for what could become a sculpture trail at the newly renovated library when that project is completed, according to the press release.
