TO: Mayor and Members of City Council
THRU: Douglas J. Hewett, ICMA-CM, City Manager
Jeffery Yates, ICMA-CM, Assistant City Manager
FROM: Tiffany Murray, Chief Financial Officer
Charles Brioso, Financial Operations Manager
DATE: October 26, 2026
RE:Title
Resolution Approving and Authorizing the Sale and Issuance of Limited Obligation Bonds and the Execution and Delivery of a First Amendment to Master Trust Agreement, a Third Supplemental Trust Agreement, and Related Documents in Connection with the Acquisition, Construction and Equipping of the McArthur Park Sports Complex and the Financing and Reimbursement of the Fire Apparatusle
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COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
Goal 1: Safe and Secure Community, Objective 1.1: To fully prepare for emergency and disaster response
GOAL IV: The City of Fayetteville will be a desirable place to live, work and recreate.
GOAL V: The City of Fayetteville will be a financially sound city providing exemplary city services.
The proposed financing supports the City’s priorities for comprehensive community safety and expanded parks and recreation opportunities for youth engagement. Fire apparatus investments support emergency response, while the McArthur Road Sports Complex would provide additional recreation facilities and opportunities for residents.
Supports strong financial management, fiduciary accountability, and long-term resource sustainability by aligning capital financing with the City’s recreation and public safety priorities.
Executive Summary:
fiduciary accountability, and long-term resource sustainability by aligning capital financing with the City’s recreation and public safety priorities.
Executive Summary:
City Council is asked to adopt the attached resolution approving and authorizing the sale and issuance of Limited Obligation Bonds, Series 2026, in an aggregate principal amount not to exceed $28,500,000 to finance the McArth...
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