TO: Mayor and Members of City Council
THRU: Telly C. Whitfield, Ph.D., Assistant City Manager
FROM: Michael Gibson, Parks, Recreation and Maintenance Director
Tracey Broyles, Budget and Evaluation Director
Jay C. Toland, Chief Financial Officer
DATE: February 25, 2019
RE:
Title
Adoption of Capital Project Ordinances 2019-24 and 2019-25, and Capital Project Ordinance Amendments 2019-27, 2019-29 and 2019-30 for Parks & Recreation Bond Projects
end
COUNCIL DISTRICT(S):
Council District(s)
1, 2 and 5
b
Relationship To Strategic Plan:
Goal 4 - The City of Fayetteville will be a highly desirable place to live, work and recreate with thriving neighborhoods and a high quality of life for its citizens.
Target for Action - Ensure Parks and Recreation Capital Bond Projects are on time and on budget.
Executive Summary:
Council is asked to adopt four project appropriation actions to align project appropriations with the bond project funding plan approved by Council on November 26, 2018.
* Capital Project Ordinance (CPO) 2019-24 will appropriate bond proceeds of $600,000 for initial design and site assessments for the Sports Field Complex at McArthur Road.
* Capital Project Ordinance (CPO) 2019-25 will appropriate bond proceeds of $250,000 for initial design and site assessments for the Jordan Soccer Complex.
* Capital Project Ordinance Amendment (CPOA) 2019-27 will appropriate $195,500 from anticipated premium payments on the sale of the bond to fund bond issuance costs.
* Capital Project Ordinance Amendment (CPOA) 2019-29 will appropriate a $100,000 from Cumberland County for the improvements at Dorothy Gilmore Therapeutic Recreation Center.
* Capital Project Ordinance Amendment 2019-30 (CPOA) will modify the previous appropriation of $429,166 of bond proceeds for a splash pad at the downtown stadium to instead provide a play space and plaza fountain at $380,000.
Background:
In March 2016, Fayetteville voters passed a $35 million bond refer...
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