2019 Bond Information
“We have paid the sales tax down to the point that we can now finance, without raising taxes, another round of funding for the City’s infrastructure projects to meet our growth. The last time the people authorized the Sales and Use Tax Revenue was in 2006, for $110 million. Today, for the same penny tax, we will get approximately $226 million worth of projects.”
---Mayor Lioneld Jordan
The City is bringing a set of bond items to the people on April 9, 2019 for a vote of authorization to spend up to $226,065,000 to refinance the remaining Sales and Use Tax Revenue Bonds and provide for the issuance of additional bonds as defined below, at NO EXTRA COST TO THE TAXPAYER.
- There are 10 items total. The first question to refinance the current outstanding sales tax bonds of about $12.2 million must pass in order for any of the other items to pass. A list of items included in the bond are below.
- Each bond issue will appear as a separate measure on the ballot.
- The Council will have to approve the issuing of each individual bond for any project that the voters approve.
- The figures for each project below are stated as maximums. Actual amounts may be lower, depending on financing and interest rates available at the time the bonds are issued.
I. Refinancing of the current outstanding sales tax bonds – not to exceed $12.2 million
2. Street Improvement Projects - not to exceed $73,925,000
Street improvement projects have been prioritized from public input during the Fayetteville Mobility Plan process and proposed through staff reports to the Transportation Committee. Transportation projects below include features, where appropriate, such as traffic capacity, sidewalk, transit, and bicycle facilities enhancements.
Improvements to the following corridors:
- Completion of the last missing segment of N. Rupple Road for the Mayor’s Box, and improvements to other sections, including the intersection of Howard Nickell Road and Highway 112
- Zion Road: from N. Vantage Drive to N. Crossover Road (Highway 265)
- N. Porter Road, W. Deane Street, and W. Sycamore Street: from I-49 to N. College Avenue
- North Street and Mission Boulevard (Highway 45): from N. Garland Avenue to Old Wire Road
- Improvements to Highway 71B, to implement the recommendations from the Highway 71B Corridor Plan currently in progress
- Maple Street Cycle Track construction through the UA campus
- W. 15th Street and Razorback Road
- Millsap Road and N. College Avenue
- Intersection signalization at four to five additional locations (to be determined)
Structural and system improvements to include:
- Hardware and software upgrades for the traffic signal network, to make it easier to respond to changing traffic conditions, and to connect to future connected vehicle technology
- Accelerated pavement overlay and pavement management programs
Pedestrian-focused improvements to include:
- Downtown area sidewalk improvements, to include additional lighting, wider sidewalks, removal of obstructions, improved street crossings, and other pedestrian improvements
- Transit stop amenities and safety upgrades
3. Trail Improvement Projects - not to exceed $6,865,000
As part of the City’s growing pedestrian and cycling network, trail and bicycle system improvements will include:
- Completion of the Tsa La Gi Trail
- Sublett Creek Trail: connecting areas near E. North Street and Mission Boulevard, through Evelyn Hills Shopping Center area, to N. College Avenue at E. Poplar Street near Woodland School
- Extension of the St. Paul Trail to the proposed paddle park at Pump Station Road, across the West Fork of the White River, and connecting with neighborhoods east of the river
- Shiloh Trail, Moore Lane to Centennial Park
- Shiloh Trail South, Martin Luther King Jr. Blvd. to Regional Park
- Shiloh Trail, Centennial Park to MLK / Old Farmington Road
- Martin Luther King Jr. Blvd. / I-49 interchange trail improvements, Tsa La Gi Trail to One Mile Road
- Hamestring Trail Bridge at Woodridge Drive
4. Drainage Improvement Projects - not to exceed $15,840,000
The drainage improvement plan was developed in 2018 after the major flooding event in April of 2017. Based on flooding that was reported across the city, over 100 projects ranging in size were identified. Projects incude:
- Little Missouri Creek / Rolling Hills area (near Old Missouri Road and Mud Creek Trail)
- Sunbridge Drive and N. College Avenue area
- Elmhurst Avenue and McClinton Street area
- Miscellaneous smaller projects TBD
- Upper Scull Creek Phase II
- S. River Meadows / Cherry Hills area
- N. Boxwood Dr. and N. Ashbrook Dr.
- Eastern Avenue Long Term: S. Eastern AVe.; W. Main Street; S. Lewis Ave.; W. Stone St.
- Linda Jo Place
- Niokaska Creek Stream Restoration near N. Ashbrook Dr.
- Scull Creek Stream Restoration near N. Sandpiper Dr.
- Floodplain Buyout/Elevation
- W. Homespun Dr.
- N. Palmer Avenue from W. Center to W. Markham
5. Park Improvement Projects - not to exceed $26,405,000
This investment into our regional and community parks will fund new features and land acquisition, some possible projects include:
- Completion of the Kessler Mountain Regional Park baseball complex
- Improvements at Lake Fayetteville
- Camping amenities at Lake Sequoyah Park
- Enhancements to the Community Parks, including the Yvonne Richardson Community Center
- A paddle park on the West Fork of the White River, and
- Acquisition of future park land to include a partnership with the Fayetteville Public Schools for purchase of Lewis Fields
- Improvements at Millsaps Mountain
6. Economic Development Projects -not to exceed $3,170,000
A fund for land acquisition, site development, and infrastructure improvements to foster public/private partnerships to provide flexibility for recruiting businesses and to enhance Fayetteville’s incentive program.
7. City Facilities Improvements - not to exceed $3, 170,000
This will create more efficient working spaces and energy use, continuing the internal implementation of our City’s Energy Action Plan as a role model for other cities to follow. With this investment, we will stay ahead of call volumes and response times to provide services to our residents and keep them safe while they enjoy the amenities of our beautiful City.
- Remodeling of City Hall
- Renovation of the current police facility for other uses if a new facility is approved
- Renovation of Parks current facility
8. Construction of an Arts Corridor (including potential new or replacement parking facilities) -
not to exceed $31,685,000
The Cultural Arts Corridor is a considerable investment in our City’s economic development that will transform the downtown area into a destination experience for residents and tourists. The Cultural Arts Corridor is a public investment on public land for public use. The Corridor will create a community hub for large and small performances, festivals, visual arts, and so much more. It will be a catalyst for additional shopping and eating in the downtown area, while also increasing bike trails and connections, improving streets and walkability, and including new or replacement parking facilities.
The Cultural Arts Corridor project will ultimately put our community’s cultural values on display for generations to come. It will celebrate our local arts culture; preserve the environment, urban forest, and watershed; and create accessible and enjoyable gathering spaces in central Fayetteville for residents and visitors.
Some features include: public art, streetscaping, enhanced pedestrian paths, gathering spaces that integrate the natural landscape with the urban, preserved ecosystems of streams and trees in the heart of downtown, and parking facilities. T
9. Police Facilities Improvements - not to exceed $36,965,000
This will fund a new police headquarters building that will provide the capacity for public safety to keep up with our growing City. The new facility will be a campus concept including three buildings: one for the main police department, housing all personnel; another for training, with vehicle and evidence storage; and finally, an indoor pistol and rifle firing range.
10. Firefighting Facilities Improvements - not to exceed $15,840,000
This investment will provide three additional fire stations and apparatus to support ongoing growth for fire and emergency response. The new Fire Stations will be staffed with existing personnel and fire companies. The stations will be positioned in the south, northwest, and central areas of the City for quicker response to those areas. In addition, the Fire Department will replace two fire engines and a ladder truck to complete the apparatus replacement program.