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.
I. Refinancing of the current outstanding sales tax bonds – approximately $12.2 million
2. Road Improvement Projects - $70 million
Road 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
- 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 - $6.5 million
As part of the City’s growing pedestrian and cycling network, trail and bicycle system improvements will include:
- Maple Street Cycle Track construction through the UA campus
- Completion of the Tsa La Gi Trail
- Connections to Centennial Park via the Shiloh Trail and connections along Old Farmington Road
- 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
4. Drainage Improvement Projects - $15 million
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. Some of the larger projects include:
- Little Missouri Creek area (near Old Missouri Road and Mud Creek Trail)
- Elmhurst Avenue and McClinton Street area
- Sunbridge Drive and N. College Avenue area
- E. Country Way Road and E. Ferguson Avenue area
5. Park Improvement Projects - $25 million
Bond Projects for the Parks and Recreation Department will span the regional and community parks and add new features and land acquisition to include:
- Completion of the Kessler Mountain Regional Park baseball complex
- Acquisition of future park land to include a partnership with the Fayetteville Public Schools for purchase of Lewis Fields
- 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
6. Economic Development Projects - $3 million
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 - $3 million
A number of improvements to City buildings to improve energy efficiencies and air handling units to include:
- 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) - $30 million
A multi-purpose investment in Fayetteville’s Downtown/Entertainment District, the Arts Corridor will bring cultural attractions and activate the outdoor environment in a 50-acre tract downtown. A number of destinations and preserved green spaces along the Razorback Greenway will create this vibrant and memorable civic space. This transformative project will create a tourist destination to bring people and new businesses to the center of town to generate tax revenues as an ongoing economic engine for our downtown. Some features include:
- Public art
- Enhanced pedestrian paths
- Gathering spaces that integrate the natural landscape with the urban
- Preserved ecosystems of streams and trees in the heart of downtown
- Parking Facilities
9. Police Facilities Improvements - $35 million
A new headquarters building for the Fayetteville Police Department to include the purchase of land and construction costs for a 55,000-square foot building and related facilities will provide the capacity for public safety to keep up with our growing City.
10. Firefighting Facilities Improvements - $15 million
The City has identified the need for three additional fire stations and apparatus to support ongoing growth for fire and emergency response.