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City of Fayetteville
File #: 26-0109    Version: 1 Name:
Type: Administrative Reports Status: Agenda Ready
File created: 2/6/2026 In control: City Council Regular Meeting
On agenda: 2/23/2026 Final action: 2/24/2026
Title: Fayetteville State University Update on Memorandum of Understanding for Catalyst Site 1
Attachments: 1. Catalyst Site 1 (Fifth 6-Month Update), 2. CAT Site 1 MOU with FSU - Fully Executed
TO: Mayor and Members of City Council

THRU: Jodi Phelps, Assistant City Manager

FROM: Christopher Cauley, Director of Economic and Community Development
Derrick McArthur, Economic Development Manager

DATE: February 23, 2026

RE:Title
Fayetteville State University Update on Memorandum of Understanding for Catalyst Site 1
Title
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COUNCIL DISTRICT(S):
Council District(s)
District 2


b
Relationship To Strategic Plan:
Strategic Operating Plan FY 2022 - 2026
Goal II: Responsive City Government Supporting a Diverse and Viable Economy
* Objective 2.1 - To ensure a diverse City tax base.
* Objective 2.3 - To invest in community places to ensure revitalization and increase quality of life.
Goal IV: Desirable Place to Live, Work and Recreate
* Objective 4.3 - To ensure a place for people to live in great neighborhoods

Executive Summary:
City Council is asked to receive the Fayetteville State University (FSU) fifth required six-month update on the three-year Memorandum of Understanding (MOU) for the Catalyst Site. FSU is currently working on completing a feasibility study and an updated environmental study.

Background:
On June 12, 2023, City Council authorized the City Manager to execute an MOU with FSU initiating a three-year period for FSU to develop a comprehensive project proposal for City Council's consideration. This agreement enables FSU to pursue financing and development efforts with the objective of presenting a full project proposal within the specified timeframe. As per Section A.2 of the MOU, FSU is required to provide a written update every six months detailing the progress made towards the development proposal to allow for a three-year period wherein the University would bring back a full development proposal for City Council's consideration.

Issues/Analysis:
FSU plays a crucial role in the community, especially in the City's efforts to revitalize the Murchison Choice Neighborhood. Various studies have highlighted th...

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