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113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323 Z7
Ordinance: 6920
File Number: 2025-2030
AN ORDINANCE CALLING AND SETTING A DATE FOR A SPECIAL ELECTION ON THE QUESTIONS
OF THE ISSUANCE BY THE CITY OF SALES AND USE TAX CAPITAL IMPROVEMENT BONDS FOR
VARIOUS SPECIFIED PURPOSES; LEVYING A LOCAL SALES AND USE TAX AT THE RATE OF ONE
PERCENT (1.00%) FOR THE PURPOSE OF RETIRING SUCH BONDS; AND PRESCRIBING OTHER
MATTERS PERTAINING THERETO
WHEREAS, Amendment 62 to the Constitution of the State of Arkansas ("Amendment 62") and Title 14, Chapter
164, Subchapter 3 of the Arkansas Code of 1987 Annotated (the "Local Government Bond Act") authorize the issuance
of capital improvement bonds by municipalities, which bonds may be secured by the pledge of all of the receipts of the
special citywide sales and use tax described in the Local Government Bond Act; and
WHEREAS, pursuant to Amendment 62 and the Local Government Bond Act, the City of Fayetteville, Arkansas (the
"City") has previously issued and there will be outstanding, as of November 1, 2025, (i) its Sales and Use Tax Capital
Improvement Bonds, Series 2022, in the aggregate principal amount of $42,660,000 (the "Series 2022 Bonds"), and (ii)
its Sales and Use Tax Capital Improvement Bonds, Series 2024, in the aggregate principal amount of $15,000,000 (the
"Series 2024 Bonds") (collectively, the "Prior Bonds"); and
WHEREAS, the Prior Bonds are secured by and payable from the receipts of a one percent (1.00%) special citywide
sale and use tax previously levied under the authority of the Local Government Bond Act (the "Prior Tax"); and
WHEREAS, the City Council has determined that additional revenues can be obtained to finance critical capital
improvement needs by restructuring the City's existing indebtedness secured by sales and use tax receipts through the
refunding of the Prior Bonds; and
WHEREAS, if approved by the electors of the City, the City has determined to issue (i) its refunding bonds in
principal amount not to exceed $40,000,000 for the purpose of refunding the Prior Bonds, (ii) its capital improvement
bonds in principal amount not to exceed $150,500,000 for the purpose of financing all or a portion of the costs of
certain water system repairs and rehabilitation and certain wastewater treatment plant rehabilitation and upgrades, (iii)
its capital improvement bonds in principal amount not to exceed $25,500,000 for the purpose of financing all or a
portion of the costs of certain regional park and other parks system improvements, (iv) its capital improvement bonds
in principal amount not to exceed $18,100,000 for the purpose of financing all or a portion of the costs of an animal
services facility, (v) its capital improvement bonds in principal amount not to exceed $3,800,000 for the purpose of
financing all or a portion of the costs of certain trail system improvements, (vi) its capital improvement bonds in
principal amount not to exceed $56,000,000 for the purpose of financing all or a portion of the costs of certain street
and other transportation -related improvements, (vii) its capital improvement bonds in principal amount not to exceed
$1,050,000 for the purpose of financing all or a portion of the costs of a recycling drop-off facility and a household
hazardous waste facility, (viii) its capital improvement bonds in principal amount not to exceed $61,900,000 for the
purpose of financing all or a portion of the costs of a community aquatics/recreation center, and (ix) its capital
improvement bonds in principal amount not to exceed $18,650,000 for the purpose of financing all or a portion of the
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Ordinance: 6920
File Number: 2025-2030
costs of certain fire station and fire training facility construction and the acquisition of firefighting vehicles, equipment
and apparatus (collectively, the "Bonds"), which Bonds are to be secured by a pledge of and lien upon all of the
receipts of a one percent (1.00%) special citywide sales and use tax (the "Bond Tax"), which Bond Tax shall replace
the existing one percent (1.00%) special citywide sales and use tax (the "Prior Tax") securing the Prior Bonds, all as
authorized by Amendment 62 and the Local Government Bond Act; and
WHEREAS, the purpose of this Ordinance is to call a special election on the issuance of the Bonds by the City and for
related purposes.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,
ARKANSAS:
Section 1. That under the authority of Amendment 62 and the Local Government Bond Act and subject to approval by
the electors of Question One and at least one of the other questions set forth in Section 4 below, there are hereby levied
(i) a sales tax at the rate of one percent (1.00%) on the gross receipts from the sale at retail within the City of all items
and services which are subject to taxation under the Arkansas Gross Receipts Act of 1941, as amended (Arkansas Code
of 1987 Annotated §26-52-101 et seq.), and (ii) an excise (or use) tax at the rate of one percent (1.00%) on the storage,
use, distribution or other consumption within the City of tangible personal property or taxable services subject to
taxation under the Arkansas Compensating Tax Act of 1949, as amended (Arkansas Code of 1987 Annotated §26-53-
101 et seq.), on the sale price of the property or, in the case of leases or rentals, on the lease or rental price (collectively,
the "Bond Tax"). The Bond Tax shall be levied, and the net collections received after deduction of the administrative
charges of the State of Arkansas and required rebates shall be utilized only for the payment of debt service on those
Bonds approved by the voters. The Bond Tax shall be levied and collected only on the gross receipts, gross proceeds
or sales price in the maximum amount allowed from time to time under Arkansas law, subject to rebates and limitation
as required for certain "single transactions" as from time to time required under Arkansas law. The levy and collection
of the Bond Tax shall commence on and as of such date as provided by Arkansas law, and shall cease upon retirement
in full of those Bonds approved by the voters. Any collections of the Prior Tax received after the issuance of the
refunding bonds described in Question One (or any other excess collections of the Prior Tax) shall be used to provide
for the payment of debt service on those Bonds approved by the voters.
Section 2. That under the authority of Amendment 62 and the Local Government Bond Act and subject to approval by
the electors of the City of Question One and at least one of the other questions set forth in Section 4 below, there are
hereby authorized (1) the issuance of the City's refunding bonds in aggregate principal amount not to exceed
$40,000,000 for the purpose of redeeming the outstanding Prior Bonds, as described in Question One under Section 4
below, (2) the issuance of the City's capital improvement bonds in aggregate principal amount not to exceed
$150,500,000 for the purpose of financing all or a portion of the costs of certain water system repairs and rehabilitation
and certain wastewater treatment plant rehabilitation and upgrades, as described in Question Two under Section 4
below, (iii) the issuance of the City's capital improvement bonds in principal amount not to exceed $25,500,000 for the
purpose of financing all or a portion of the costs of certain regional park and other parks system improvements, as
described in Question Three under Section 4 below, (iv) the issuance of the City's capital improvement bonds in
principal amount not to exceed $18,100,000 for the purpose of financing all or a portion of the costs of an animal
services facility, as described in Question Four under Section 4 below, (v) the issuance of the City's capital
improvement bonds in principal amount not to exceed $3,800,000 for the purpose of financing all or a portion of the
costs of certain trail system improvements, as described in Question Five under Section 4 below, (vi) the issuance of
the City's capital improvement bonds in principal amount not to exceed $56,000,000 for the purpose of financing all or
a portion of the costs of certain street and other transportation -related improvements, as described in Question Six
under Section 4 below, (vii) the issuance of the City's capital improvement bonds in principal amount not to exceed
$1,050,000 for the purpose of financing all or a portion of the costs of a recycling drop-off facility and a household
hazardous waste facility, as described in Question Seven under Section 4 below, (viii) the issuance of the City's capital
improvement bonds in principal amount not to exceed $61,900,000 for the purpose of financing all or a portion of the
costs of a community aquatics/recreation center, as described in Question Eight under Section 4 below, and (ix) the
issuance of the City's capital improvement bonds in principal amount not to exceed $18,650,000 for the purpose of
financing all or a portion of the costs of certain fire station and fire training facility construction and the acquisition of
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Ordinance: 6920
File Number: 2025-2030
firefighting vehicles, equipment and apparatus, as described in Question Nine under Section 4 below. If approved by
the electors of the City, the aforementioned refunding bonds and capital improvement bonds (collectively, the "Bonds")
may be issued in one or more series from time to time in an aggregate principal amount not to exceed the respective
principal amounts approved by the City's electors. Any Bonds so issued shall be secured by a pledge of and a lien
upon all of the receipts of the Bond Tax, as authorized by the Local Government Bond Act.
Section 3. That there be, and there is hereby called, a special election to be held on Tuesday, March 3, 2026, at which
election there shall be submitted to the electors of the City the questions of the issuance of the Bonds.
Section 4. That the questions shall be placed on the ballot for the special election in substantially the following
forms:
SPECIAL ELECTION ON BOND ISSUANCE AND CITY SALES AND USE TAX LEVY
There is submitted to the qualified electors of the City of Fayetteville, Arkansas the questions of the issuance of the
bonds described in Questions 1-9 set forth below. Upon approval of Question One and at least one of the other
Questions set forth below, and upon the issuance of the Refunding Bonds (defined in Question One), the City's existing
levy of a one percent (1.00%) special sales and use tax (the "Prior Tax") securing the Prior Bonds (defined in Question
One) shall cease and such Prior Tax will be replaced by the levy of the one percent (1.00%) Bond Tax (defined in
Questions One) under the authority of Title 14, Chapter 164, Subchapter 3 of the Arkansas Code of 1987 Annotated.
Such Bond Tax shall commence on and as of such date as provided by Arkansas law and shall cease upon retirement
of all of the approved bonds. The bonds described below that are approved may be combined into a single issue or may
be issued in series from time to time and may be issued on a tax-exempt or taxable basis. The net collections of the
Bond Tax remaining after the State of Arkansas deducts its administrative charges will be used solely to retire those
bonds described below which are approved by the voters and obligations of the City with respect thereto. Unless
Question One and at least one of the other Questions set forth below are approved, none of the bonds described below
will be issued, the Bond Tax will not be levied, and the Prior Tax will remain in place until payment in full of the Prior
Bonds.
Question One (1) — Refunding Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
refunding bonds in principal amount not to exceed $40,000,000 (the "Refunding Bonds") pursuant to Title 14,
Chapter 164, Subchapter 3 of the Arkansas Code of 1987 Annotated (the "Local Government Bond Act") for the
purpose of refunding the City's outstanding (i) Sales and Use Tax Capital Improvement and Refunding Bonds,
Series 2019A, (ii) Sales and Use Tax Capital Improvement Bonds, Series 2022, and (iii) Sales and Use Tax
Capital Improvement Bonds, Series 2024 (collectively, the "Prior Bonds"). If the issuance of the Refunding
Bonds is approved, the Refunding Bonds shall be secured by a pledge of and lien upon all of the receipts of a
special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the Local Government
Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Refunding Bonds in principal amount not to exceed
$40,000,000................................................................................. ❑
AGAINST the issuance of Refunding Bonds in principal amount not to exceed
$40,000,000................................................................................. ❑
Question Two (2) — Water/Wastewater System Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
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Ordinance: 6920
File Number: 2025-2030
capital improvement bonds in principal amount not to exceed $150,500,000 (the "Water/Wastewater System
Bonds") pursuant to the Local Government Bond Act (as defined in Question One) for the purpose of financing
all or a portion of the costs of various repairs to and rehabilitation of the City's water system and all or a portion
of the costs of upgrades to and the rehabilitation of the Noland Wastewater Treatment Plant. If the issuance of
the Water System Bonds is approved, the Water System Bonds shall be secured by a pledge of and lien upon all
of the receipts of a special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the
Local Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Water/Wastewater System Bonds in principal amount not to exceed
$150,500,000....................................................................... ❑
AGAINST the issuance of Water/Wastewater System Bonds in principal amount not to exceed
$150,500,000............................................................. ❑
Question Three (3) — Parks System Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
capital improvement bonds in principal amount not to exceed $25,500,000 (the "Parks System Bonds") pursuant
to the Local Government Bond Act (as defined in Question One) for the purpose of financing all or a portion of
the costs of the design, construction and equipping of various park system improvements, including land
acquisition, the addition and/or renovation of athletic fields, concession facilities, restrooms and playgrounds,
and which may include other ancillary improvements such as street and utility extensions and improvements,
fencing, lighting, shade structures, landscaping and parking. If the issuance of the Parks System Bonds is
approved, the Parks System Bonds shall be secured by a pledge of and lien upon all of the receipts of a special
citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the Local Government Bond Act
(the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Parks System Bonds in principal
$25,500,000.................................................................................. ❑
AGAINST the issuance of Parks System Bonds in principal
$25,500,000.................................................................................. ❑
Question Four (4) — Animal Services Facility Bonds:
amount not to exceed
amount not to exceed
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
capital improvement bonds in principal amount not to exceed $18,100,000 (the "Animal Service Facility
Bonds") pursuant to the Local Government Bond Act (as defined in Question One) for the purpose of financing
all or a portion of the costs of the design, construction and equipping of an animal services facility, and which
may include land acquisition and other ancillary improvements such as community meeting rooms, recycling
facilities, street and utility extensions and improvements, landscaping and parking. If the issuance of the Animal
Services Facility Bonds is approved, the Animal Services Facility Bonds shall be secured by a pledge of and lien
upon all of the receipts of a special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant
to the Local Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Animal Services Facility Bonds in principal amount not to exceed
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Ordinance: 6920
File Number: 2025-2030
$18,100,000......................................................................... ❑
AGAINST the issuance of Animal Services Facility Bonds in principal amount not to exceed
$18,100,000...................................................................... ❑
Question Five (5) — Trail System Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
capital improvement bonds in principal amount not to exceed $3,800,000 (the "Trail System Bonds") pursuant
to the Local Government Bond Act (as defined in Question One) for the purpose of financing all or a portion of
the costs of design, construction, reconstruction, extension, resurfacing and equipping of certain City trail
system improvements, and which may include related pedestrian signal, lighting, landscaping, drainage and
safety improvements, right-of-way acquisition and utility extension and relocation. If the issuance of the Trail
System Bonds is approved, the Trail System Bonds shall be secured by a pledge of and lien upon all of the
receipts of a special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the Local
Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Trail System Bonds in principal amount not to exceed
$3,800,000.................................................................................. ❑
AGAINST the issuance of Trail System Bonds in principal amount not to exceed
$3,800,000.................................................................................. ❑
Question Six (6) — Transportation System Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
capital improvement bonds in principal amount not to exceed $56,000,000 (the "Transportation System Bonds")
pursuant to the Local Government Bond Act (as defined in Question One) for the purpose of financing all or a
portion of the costs of right-of-way acquisition, planning, design, construction, reconstruction, repair,
resurfacing, straightening and width modification of certain City streets, and which may include related program
management services, utility extension and relocation, bridges, bicycle lanes, traffic signal and control, lighting,
curbing, guttering, landscaping, drainage and safety improvements and curbside pedestrian infrastructure such
as sidewalks, bus pickup structures and concrete waiting pads. If the issuance of the Transportation System
Bonds is approved, the Transportation System Bonds shall be secured by a pledge of and lien upon all of the
receipts of a special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the Local
Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Transportation System Bonds in principal amount not to exceed
$56,000,000......................................................................... ❑
AGAINST the issuance of Transportation System Bonds in principal amount not to exceed
$56,000,000......................................................................... ❑
Question Seven (7) — Sustainability Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
capital improvement bonds in principal amount not to exceed $1,050,000 (the "Sustainability Bonds") pursuant
to the Local Government Bond Act (as defined in Question One) for the purpose of financing all or a portion of
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Ordinance: 6920
File Number: 2025-2030
the costs of land acquisition, design, construction and equipping of a Recycling Drop -Off Facility and a
Household Hazardous Waste Facility, and which may include other ancillary improvements such as street and
utility extensions and improvements, landscaping and parking. If the issuance of the Sustainability Bonds is
approved, the Sustainability Bonds shall be secured by a pledge of and lien upon all of the receipts of a special
citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the Local Government Bond Act
(the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Sustainability Bonds in principal amount not to exceed
$1,050,000................................................................................... ❑
AGAINST the issuance of Sustainability Bonds in principal amount not to exceed
$1,050,000.................................................................................... ❑
Question Eight (8) — Aquatics/Recreation Center Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
capital improvement bonds in principal amount not to exceed $61,900,000 (the "Aquatics/Recreation Center
Bonds") pursuant to the Local Government Bond Act (as defined in Question One) for the purpose of financing
all or a portion of the costs of land acquisition, design, construction and equipping of an Aquatics/Recreation
Center, which may include aquatic features such as indoor and/or outdoor pools and other auxiliary water
features, recreational and sports facilities, multi -purpose rooms and offices, and which may also include other
ancillary improvements such as street and utility extensions and improvements, landscaping and parking. If the
issuance of the Aquatics/Recreation Center Bonds is approved, the Aquatics/Recreation Center Bonds shall be
secured by a pledge of and lien upon all of the receipts of a special citywide sales and use tax at the rate of one
percent (1.00%) levied pursuant to the Local Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Aquatics/Recreation Center Bonds in principal amount not to exceed
$61,900,000......................................................................... ❑
AGAINST the issuance of Aquatics/Recreation Center Bonds in principal amount not to exceed
$61,900,000.................................................................. ❑
Question Nine (9) — Fire Department Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of the issuance of
capital improvement bonds in principal amount not to exceed $18,650,000 (the "Fire Department Bonds")
pursuant to the Local Government Bond Act (as defined in Question One) for the purpose of financing all or a
portion of the costs of the design, construction and equipping of a Fire Training Facility to be located on City -
owned land at 2515 E. Borick Drive, land acquisition, design, construction and equipping of a Fire Station, and
acquisition of firefighting vehicles, equipment and apparatus, and which may include other ancillary
improvements such as street and utility extensions and improvements, landscaping and parking. If the issuance
of the Fire Department Bonds is approved, the Fire Department Bonds shall be secured by a pledge of and lien
upon all of the receipts of a special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant
to the Local Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or against:
FOR the issuance of Fire Department Bonds in principal amount not to exceed
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Ordinance: 6920
File Number: 2025-2030
$18,650,000.................................................................................. ❑
AGAINST the issuance of Fire Department Bonds in principal amount not to exceed
$18,650,000......................................................................... ❑
Section 5. That the election shall be held and conducted and the vote canvassed and the results declared under the law
and in the manner now provided for Arkansas municipal elections unless otherwise provided in the Local Government
Bond Act, and only qualified voters of the City shall have the right to vote at the election. The City Clerk is hereby
directed to give notice of the special election by one advertisement in a newspaper of general circulation within the
City, the publication to be not less than ten (10) days prior to the date of the election.
Section 6. That a copy of this Ordinance shall be given to the Washington County Clerk and to the Washington
County Board of Election Commissioners at least seventy (70) days prior to the date of the special election so that the
necessary election officials and supplies may be provided. A certified copy of this Ordinance shall also be provided to
the Director of the Department of Finance and Administration and to the Treasurer of the State of Arkansas as soon as
practical.
Section 7. That the results of the special election shall be proclaimed by the Mayor, and her proclamation shall be
published one time in a newspaper of general circulation within the City. The proclamation shall advise that the results
as proclaimed shall be conclusive unless attacked in the Circuit Court of Washington County within thirty (30) days
after the date of publication of the proclamation.
Section 8. That the Mayor and the City Clerk, for and on behalf of the City, be, and they hereby are authorized and
directed to do any and all things necessary to call and hold the special election as herein provided and, if the issuance of
the Refunding Bonds and any of the capital improvement bonds described herein are approved by the electors, to cause
the Bond Tax to be collected in accordance with the Local Government Bond Act, and to perform all acts of whatever
nature necessary to carry out the authority conferred by this Ordinance.
Section 9. That the City considers this Ordinance to be its declaration of official intent to issue the Bonds and to
make reimbursement to the City with a portion of the proceeds thereof for all original expenditures incurred by the City
in acquiring, constructing or equipping any of the projects described herein between the date that is sixty (60) days
prior to the date of this Ordinance and the date a series of Bonds is issued, plus a de minimis amount and preliminary
expenditures, as such terms are defined in Section 1.150-2(f) of the Federal Income Tax Regulations.
Section 10. That Kutak Rock LLP is hereby engaged as Bond Counsel and Stephens Inc. is hereby engaged as
Underwriter with respect to the issuance of the Bonds. The fees and expenses of Bond Counsel and the Underwriter
shall be a cost of issuance of the Bonds to be paid with Bond proceeds.
Section 11. That the provisions of this Ordinance are hereby declared to be separable and if any provision shall for any
reason be held illegal or invalid, such holding shall not affect the validity of the remainder of this Ordinance.
Section 12. That all ordinances and parts thereof in conflict herewith are hereby repealed to the extent of such conflict.
PASSED and APPROVED on October 21, 2025
Approved:
.
Molly Rawn, Mayor
111///AI,
Attest: YrRF�s��ii
FAYETTEVILLE',m70=
Kara Paxton, City Clerk Treasurer P
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11IO /1����`
This publication was paid for by the City Clerk -Treasurer of the City of Fayetteville, Arkansas.
Amount Paid: $3,154.13
Page 7
CITY OF
mi'.P
FAYETTEVILLE
ARKANSAS
MEETING OF OCTOBER 21, 2025
CITY COUNCIL MEMO
2025-2030
TO: Mayor Rawn and City Council
THRU: Molly Rawn, Mayor
FROM: Steven Dotson, Chief Financial Officer
SUBJECT: Special Election for the City to issue Sales and Use Tax Capital Improvement Bonds
RECOMMENDATION:
Recommend City Council pass an ordinance calling and setting a date for a special election on the questions
of the issuance by the City of Sales and Use Tax Capital Improvement Bonds for various specified purposes;
levying a local sales and use tax at the rate of one percent (1.00%) for the purpose of retiring such bonds and
prescribing other matters pertaining thereto.
BACKGROUND:
Amendment 62 to the Constitution of the State of Arkansas ("Amendment 62") and Title 14, Chapter 164,
Subchapter 3 of the Arkansas Code of 1987 Annotated (the "Local Government Bond Act") authorize the
issuance of capital improvement bonds by municipalities, which bonds may be secured by the pledge of all of
the receipts of the special citywide sales and use tax described in the Local Government Bond Act.
DISCUSSION:
The City has prior bonds that are secured by and payable from the receipts of a 1 % special citywide sales and
use tax that was previously levied under the authority of the Local Government Bond Act. The City has
identified new critical capital improvement needs at this time. Additional revenues to finance these capital
improvement needs can be obtained by restructuring the City's existing indebtedness secured by sales and
use tax receipts through the refunding of the prior bonds, and through the issuance of new sales and use tax
bonds.
BUDGET/STAFF IMPACT:
The City will use receipts from the continuation of a combined 1 % citywide sales and use tax. This tax will be
rededicated to refunding and payment of bond indebtedness.
ATTACHMENTS: 3. Staff Review Form, 4. Additional Information - Special Election for the City to Issue Sales
and Use Tax Capital Improvement Bonds - Final
Mailing address:
113 W. Mountain Street www.fayetteville-ar.gov
Fayetteville, AR 72701
Steve Dotson
Submitted By
City of Fayetteville Staff Review Form
2025-2030
Item ID
10/21/2025
City Council Meeting Date - Agenda Item Only
N/A for Non -Agenda Item
10/6/2025 CHIEF FINANCIAL OFFICER (110)
Submitted Date Division / Department
Action Recommendation:
Recommend City Council pass an ordinance calling and setting a date for a special election on the questions of the
issuance by the City of Sales and Use Tax Capital Improvement Bonds for various specified purposes; levying a local
sales and use tax at the rate of one percent (1.00%) for the purpose of retiring such bonds and prescribing other
matters pertaining thereto.
Account Number
Project Number
Budgeted Item? No
Does item have a direct cost? No
Is a Budget Adjustment attached? No
Budget Impact:
Total Amended Budget
Expenses (Actual+Encum)
Available Budget
Item Cost
Budget Adjustment
Remaining Budget
Fund
Project Title
V20221130
Purchase Order Number: Previous Ordinance or Resolution #
Change Order Number: Approval Date:
Original Contract Number:
Comments:
-- City of Fayetteville, Arkansas 113 West Mountain Street
Fayetteville, AR 72701
Legislation Text (479) 575-8323
File #: 2025-2030
AN ORDINANCE CALLING AND SETTING A DATE FOR A SPECIAL ELECTION ON THE
QUESTIONS OF THE ISSUANCE BY THE CITY OF SALES AND USE TAX CAPITAL
IMPROVEMENT BONDS FOR VARIOUS SPECIFIED PURPOSES; LEVYING A LOCAL
SALES AND USE TAX AT THE RATE OF ONE PERCENT (1.00%) FOR THE PURPOSE OF
RETIRING SUCH BONDS; AND PRESCRIBING OTHER MATTERS PERTAINING
THERETO
WHEREAS, Amendment 62 to the Constitution of the State of Arkansas ("Amendment 62") and Title
14, Chapter 164, Subchapter 3 of the Arkansas Code of 1987 Annotated (the "Local Government Bond
Act") authorize the issuance of capital improvement bonds by municipalities, which bonds may be
secured by the pledge of all of the receipts of the special citywide sales and use tax described in the
Local Government Bond Act; and
WHEREAS, pursuant to Amendment 62 and the Local Government Bond Act, the City of Fayetteville,
Arkansas (the "City") has previously issued and there will be outstanding, as of November 1, 2025, (i)
its Sales and Use Tax Capital Improvement Bonds, Series 2022, in the aggregate principal amount of
$42,660,000 (the "Series 2022 Bonds"), and (ii) its Sales and Use Tax Capital Improvement Bonds,
Series 2024, in the aggregate principal amount of $15,000,000 (the "Series 2024 Bonds") (collectively,
the "Prior Bonds"); and
WHEREAS, the Prior Bonds are secured by and payable from the receipts of a one percent (1.00%)
special citywide sale and use tax previously levied under the authority of the Local Government Bond
Act (the "Prior Tax"); and
WHEREAS, the City Council has determined that additional revenues can be obtained to finance
critical capital improvement needs by restructuring the City's existing indebtedness secured by sales and
use tax receipts through the refunding of the Prior Bonds; and
WHEREAS, if approved by the electors of the City, the City has determined to issue (i) its refunding
bonds in principal amount not to exceed $40,000,000 for the purpose of refunding the Prior Bonds, (ii)
its capital improvement bonds in principal amount not to exceed $150,500,000 for the purpose of
financing all or a portion of the costs of certain water system repairs and rehabilitation and certain
wastewater treatment plant rehabilitation and upgrades, (iii) its capital improvement bonds in principal
amount not to exceed $25,500,000 for the purpose of financing all or a portion of the costs of certain
regional park and other parks system improvements, (iv) its capital improvement bonds in principal
amount not to exceed $18,100,000 for the purpose of financing all or a portion of the costs of an animal
services facility, (v) its capital improvement bonds in principal amount not to exceed $3,800,000 for the
purpose of financing all or a portion of the costs of certain trail system improvements, (vi) its capital
Page 1
Ordinance: 6920
File Number: 2025-2030
improvement bonds in principal amount not to exceed $56,000,000 for the purpose of financing all or a
portion of the costs of certain street and other transportation -related improvements, (vii) its capital
improvement bonds in principal amount not to exceed $1,050,000 for the purpose of financing all or a
portion of the costs of a recycling drop-off facility and a household hazardous waste facility, (viii) its
capital improvement bonds in principal amount not to exceed $61,900,000 for the purpose of financing
all or a portion of the costs of a community aquatics/recreation center, and (ix) its capital improvement
bonds in principal amount not to exceed $18,650,000 for the purpose of financing all or a portion of the
costs of certain fire station and fire training facility construction and the acquisition of firefighting
vehicles, equipment and apparatus (collectively, the "Bonds"), which Bonds are to be secured by a
pledge of and lien upon all of the receipts of a one percent (1.00%) special citywide sales and use tax
(the "Bond Tax"), which Bond Tax shall replace the existing one percent (1.00%) special citywide sales
and use tax (the "Prior Tax") securing the Prior Bonds, all as authorized by Amendment 62 and the
Local Government Bond Act; and
WHEREAS, the purpose of this Ordinance is to call a special election on the issuance of the Bonds by
the City and for related purposes.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That under the authority of Amendment 62 and the Local Government Bond Act and subject
to approval by the electors of Question One and at least one of the other questions set forth in Section 4
below, there are hereby levied (i) a sales tax at the rate of one percent (1.00%) on the gross receipts from
the sale at retail within the City of all items and services which are subject to taxation under the
Arkansas Gross Receipts Act of 1941, as amended (Arkansas Code of 1987 Annotated §26-52-101 et
seq.), and (ii) an excise (or use) tax at the rate of one percent (1.00%) on the storage, use, distribution or
other consumption within the City of tangible personal property or taxable services subject to taxation
under the Arkansas Compensating Tax Act of 1949, as amended (Arkansas Code of 1987 Annotated
§26-53-101 et seq.), on the sale price of the property or, in the case of leases or rentals, on the lease or
rental price (collectively, the "Bond Tax"). The Bond Tax shall be levied, and the net collections
received after deduction of the administrative charges of the State of Arkansas and required rebates shall
be utilized only for the payment of debt service on those Bonds approved by the voters. The Bond Tax
shall be levied and collected only on the gross receipts, gross proceeds or sales price in the maximum
amount allowed from time to time under Arkansas law, subject to rebates and limitation as required for
certain "single transactions" as from time to time required under Arkansas law. The levy and collection
of the Bond Tax shall commence on and as of such date as provided by Arkansas law, and shall cease
upon retirement in full of those Bonds approved by the voters. Any collections of the Prior Tax received
after the issuance of the refunding bonds described in Question One (or any other excess collections of
the Prior Tax) shall be used to provide for the payment of debt service on those Bonds approved by the
voters.
Section 2. That under the authority of Amendment 62 and the Local Government Bond Act and subject
to approval by the electors of the City of Question One and at least one of the other questions set forth in
Section 4 below, there are hereby authorized (1) the issuance of the City's refunding bonds in aggregate
principal amount not to exceed $40,000,000 for the purpose of redeeming the outstanding Prior Bonds,
as described in Question One under Section 4 below, (2) the issuance of the City's capital improvement
Page 2
Ordinance: 6920
File Number: 2025-2030
bonds in aggregate principal amount not to exceed $150,500,000 for the purpose of financing all or a
portion of the costs of certain water system repairs and rehabilitation and certain wastewater treatment
plant rehabilitation and upgrades, as described in Question Two under Section 4 below, (iii) the issuance
of the City's capital improvement bonds in principal amount not to exceed $25,500,000 for the purpose
of financing all or a portion of the costs of certain regional park and other parks system improvements,
as described in Question Three under Section 4 below, (iv) the issuance of the City's capital
improvement bonds in principal amount not to exceed $18,100,000 for the purpose of financing all or a
portion of the costs of an animal services facility, as described in Question Four under Section 4 below,
(v) the issuance of the City's capital improvement bonds in principal amount not to exceed $3,800,000
for the purpose of financing all or a portion of the costs of certain trail system improvements, as
described in Question Five under Section 4 below, (vi) the issuance of the City's capital improvement
bonds in principal amount not to exceed $56,000,000 for the purpose of financing all or a portion of the
costs of certain street and other transportation -related improvements, as described in Question Six under
Section 4 below, (vii) the issuance of the City's capital improvement bonds in principal amount not to
exceed $1,050,000 for the purpose of financing all or a portion of the costs of a recycling drop-off
facility and a household hazardous waste facility, as described in Question Seven under Section 4 below,
(viii) the issuance of the City's capital improvement bonds in principal amount not to exceed
$61,900,000 for the purpose of financing all or a portion of the costs of a community aquatics/recreation
center, as described in Question Eight under Section 4 below, and (ix) the issuance of the City's capital
improvement bonds in principal amount not to exceed $18,650,000 for the purpose of financing all or a
portion of the costs of certain fire station and fire training facility construction and the acquisition of
firefighting vehicles, equipment and apparatus, as described in Question Nine under Section 4 below. If
approved by the electors of the City, the aforementioned refunding bonds and capital improvement
bonds (collectively, the "Bonds") may be issued in one or more series from time to time in an aggregate
principal amount not to exceed the respective principal amounts approved by the City's electors. Any
Bonds so issued shall be secured by a pledge of and a lien upon all of the receipts of the Bond Tax, as
authorized by the Local Government Bond Act.
Section 3. That there be, and there is hereby called, a special election to be held on Tuesday, March 3,
2026, at which election there shall be submitted to the electors of the City the questions of the issuance
of the Bonds.
Section 4. That the questions shall be placed on the ballot for the special election in substantially the
following forms:
SPECIAL ELECTION ON BOND ISSUANCE AND CITY SALES AND USE TAX LEVY
There is submitted to the qualified electors of the City of Fayetteville, Arkansas the questions of the
issuance of the bonds described in Questions 1-9 set forth below. Upon approval of Question One and
at least one of the other Questions set forth below, and upon the issuance of the Refunding Bonds
(defined in Question One), the City's existing levy of a one percent (1.00%) special sales and use tax
(the "Prior Tax") securing the Prior Bonds (defined in Question One) shall cease and such Prior Tax will
be replaced by the levy of the one percent (1.00%) Bond Tax (defined in Questions One) under the
authority of Title 14, Chapter 164, Subchapter 3 of the Arkansas Code of 1987 Annotated. Such Bond
Tax shall commence on and as of such date as provided by Arkansas law and shall cease upon
retirement of all of the approved bonds. The bonds described below that are approved may be combined
Page 3
Ordinance: 6920
File Number: 2025-2030
into a single issue or may be issued in series from time to time and may be issued on a tax-exempt or
taxable basis. The net collections of the Bond Tax remaining after the State of Arkansas deducts its
administrative charges will be used solely to retire those bonds described below which are approved by
the voters and obligations of the City with respect thereto. Unless Question One and at least one of the
other Questions set forth below are approved, none of the bonds described below will be issued, the
Bond Tax will not be levied, and the Prior Tax will remain in place until payment in full of the Prior
Bonds.
Question One (1) — Refunding Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of refunding bonds in principal amount not to exceed $40,000,000 (the "Refunding
Bonds") pursuant to Title 14, Chapter 164, Subchapter 3 of the Arkansas Code of 1987 Annotated
(the "Local Government Bond Act") for the purpose of refunding the City's outstanding (i) Sales
and Use Tax Capital Improvement and Refunding Bonds, Series 2019A, (ii) Sales and Use Tax
Capital Improvement Bonds, Series 2022, and (iii) Sales and Use Tax Capital Improvement
Bonds, Series 2024 (collectively, the "Prior Bonds"). If the issuance of the Refunding Bonds is
approved, the Refunding Bonds shall be secured by a pledge of and lien upon all of the receipts of
a special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the Local
Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
FOR the issuance of Refunding Bonds in principal amount not to exceed
$40,000,000................................................................................. ❑
AGAINST the issuance of Refunding Bonds in principal amount not to exceed
$40,000,000................................................................................. ❑
Question Two (2) — Water/Wastewater System Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of capital improvement bonds in principal amount not to exceed $150,500,000 (the
"Water/Wastewater System Bonds") pursuant to the Local Government Bond Act (as defined in
Question One) for the purpose of financing all or a portion of the costs of various repairs to and
rehabilitation of the City's water system and all or a portion of the costs of upgrades to and the
rehabilitation of the Noland Wastewater Treatment Plant. If the issuance of the Water System
Bonds is approved, the Water System Bonds shall be secured by a pledge of and lien upon all of
the receipts of a special citywide sales and use tax at the rate of one percent (1.00%) levied
pursuant to the Local Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
Page 4
Ordinance: 6920
File Number: 2025-2030
FOR the issuance of Water/Wastewater System Bonds in principal amount not to exceed
$150,500,000....................................................................... ❑
AGAINST the issuance of Water/Wastewater System Bonds in principal amount not to exceed
$150,500,000............................................................. ❑
Question Three (3) — Parks System Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of capital improvement bonds in principal amount not to exceed $25,500,000 (the
"Parks System Bonds") pursuant to the Local Government Bond Act (as defined in Question One)
for the purpose of financing all or a portion of the costs of the design, construction and equipping
of various park system improvements, including land acquisition, the addition and/or renovation
of athletic fields, concession facilities, restrooms and playgrounds, and which may include other
ancillary improvements such as street and utility extensions and improvements, fencing, lighting,
shade structures, landscaping and parking. If the issuance of the Parks System Bonds is approved,
the Parks System Bonds shall be secured by a pledge of and lien upon all of the receipts of a
special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the Local
Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
FOR the issuance of Parks System Bonds in principal amount not to exceed
$25,500,000.................................................................................. ❑
AGAINST the issuance of Parks System Bonds in principal amount not to exceed
$25,500,000.................................................................................. ❑
stion Four (4) — Animal Services Facilitv Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of capital improvement bonds in principal amount not to exceed $18,100,000 (the
"Animal Service Facility Bonds") pursuant to the Local Government Bond Act (as defined in
Question One) for the purpose of financing all or a portion of the costs of the design, construction
and equipping of an animal services facility, and which may include land acquisition and other
ancillary improvements such as community meeting rooms, recycling facilities, street and utility
extensions and improvements, landscaping and parking. If the issuance of the Animal Services
Facility Bonds is approved, the Animal Services Facility Bonds shall be secured by a pledge of
and lien upon all of the receipts of a special citywide sales and use tax at the rate of one percent
(1.00%) levied pursuant to the Local Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
FOR the issuance of Animal Services Facility Bonds in principal amount not to exceed
Page 5
Ordinance: 6920
File Number: 2025-2030
$18,100,000......................................................................... ❑
AGAINST the issuance of Animal Services Facility Bonds in principal amount not to exceed
$18,100,000...................................................................... ❑
Question Five (5) — Trail System Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of capital improvement bonds in principal amount not to exceed $3,800,000 (the
"Trail System Bonds") pursuant to the Local Government Bond Act (as defined in Question One)
for the purpose of financing all or a portion of the costs of design, construction, reconstruction,
extension, resurfacing and equipping of certain City trail system improvements, and which may
include related pedestrian signal, lighting, landscaping, drainage and safety improvements, right-
of-way acquisition and utility extension and relocation. If the issuance of the Trail System Bonds
is approved, the Trail System Bonds shall be secured by a pledge of and lien upon all of the
receipts of a special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant
to the Local Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
FOR the issuance of Trail System Bonds in principal amount not to exceed
$3,800,000.................................................................................. ❑
AGAINST the issuance of Trail System Bonds in principal amount not to exceed
$3,800,000.................................................................................. ❑
Question Six (6) — Transportation System Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of capital improvement bonds in principal amount not to exceed $56,000,000 (the
"Transportation System Bonds") pursuant to the Local Government Bond Act (as defined in
Question One) for the purpose of financing all or a portion of the costs of right-of-way
acquisition, planning, design, construction, reconstruction, repair, resurfacing, straightening and
width modification of certain City streets, and which may include related program management
services, utility extension and relocation, bridges, bicycle lanes, traffic signal and control, lighting,
curbing, guttering, landscaping, drainage and safety improvements and curbside pedestrian
infrastructure such as sidewalks, bus pickup structures and concrete waiting pads. If the issuance
of the Transportation System Bonds is approved, the Transportation System Bonds shall be
secured by a pledge of and lien upon all of the receipts of a special citywide sales and use tax at
the rate of one percent (1.00%) levied pursuant to the Local Government Bond Act (the "Bond
Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
Page 6
Ordinance: 6920
File Number: 2025-2030
FOR the issuance of Transportation System Bonds in principal amount not to exceed
$56,000,000......................................................................... ❑
AGAINST the issuance of Transportation System Bonds in principal amount not to exceed
$56,000,000......................................................................... ❑
Question Seven (7) — Sustainability Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of capital improvement bonds in principal amount not to exceed $1,050,000 (the
"Sustainability Bonds") pursuant to the Local Government Bond Act (as defined in Question One)
for the purpose of financing all or a portion of the costs of land acquisition, design, construction
and equipping of a Recycling Drop -Off Facility and a Household Hazardous Waste Facility, and
which may include other ancillary improvements such as street and utility extensions and
improvements, landscaping and parking. If the issuance of the Sustainability Bonds is approved,
the Sustainability Bonds shall be secured by a pledge of and lien upon all of the receipts of a
special citywide sales and use tax at the rate of one percent (1.00%) levied pursuant to the Local
Government Bond Act (the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
FOR the issuance of Sustainability Bonds in principal amount not to exceed
$1, 05 0, 000................................................................................... ❑
AGAINST the issuance of Sustainability Bonds in principal amount not to exceed
$1,050,000.................................................................................... ❑
Question Eight (8) — Aquatics/Recreation Center Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of capital improvement bonds in principal amount not to exceed $61,900,000 (the
"Aquatics/Recreation Center Bonds") pursuant to the Local Government Bond Act (as defined in
Question One) for the purpose of financing all or a portion of the costs of land acquisition, design,
construction and equipping of an Aquatics/Recreation Center, which may include aquatic features
such as indoor and/or outdoor pools and other auxiliary water features, recreational and sports
facilities, multi -purpose rooms and offices, and which may also include other ancillary
improvements such as street and utility extensions and improvements, landscaping and parking. If
the issuance of the Aquatics/Recreation Center Bonds is approved, the Aquatics/Recreation Center
Bonds shall be secured by a pledge of and lien upon all of the receipts of a special citywide sales
and use tax at the rate of one percent (1.00%) levied pursuant to the Local Government Bond Act
(the "Bond Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
Page 7
Ordinance: 6920
File Number: 2025-2030
FOR the issuance of Aquatics/Recreation Center Bonds in principal amount not to exceed
$61,900,000......................................................................... ❑
AGAINST the issuance of Aquatics/Recreation Center Bonds in principal amount not to exceed
$61,900,000.................................................................. ❑
Question Nine (9) — Fire Department Bonds:
There is submitted to the qualified electors of the City of Fayetteville, Arkansas, the question of
the issuance of capital improvement bonds in principal amount not to exceed $18,650,000 (the
"Fire Department Bonds") pursuant to the Local Government Bond Act (as defined in Question
One) for the purpose of financing all or a portion of the costs of the design, construction and
equipping of a Fire Training Facility to be located on City -owned land at 2515 E. Borick Drive,
land acquisition, design, construction and equipping of a Fire Station, and acquisition of
firefighting vehicles, equipment and apparatus, and which may include other ancillary
improvements such as street and utility extensions and improvements, landscaping and parking. If
the issuance of the Fire Department Bonds is approved, the Fire Department Bonds shall be
secured by a pledge of and lien upon all of the receipts of a special citywide sales and use tax at
the rate of one percent (1.00%) levied pursuant to the Local Government Bond Act (the "Bond
Tax").
Vote on the question by placing an "X" in one of the squares following the question, either for or
against:
FOR the issuance of Fire Department Bonds in principal amount not to exceed
$18,650,000.................................................................................. ❑
AGAINST the issuance of Fire Department Bonds in principal amount not to exceed
$18,650,000......................................................................... ❑
Section 5. That the election shall be held and conducted and the vote canvassed and the results
declared under the law and in the manner now provided for Arkansas municipal elections unless
otherwise provided in the Local Government Bond Act, and only qualified voters of the City shall have
the right to vote at the election. The City Clerk is hereby directed to give notice of the special election
by one advertisement in a newspaper of general circulation within the City, the publication to be not less
than ten (10) days prior to the date of the election.
Section 6. That a copy of this Ordinance shall be given to the Washington County Clerk and to the
Washington County Board of Election Commissioners at least seventy (70) days prior to the date of the
special election so that the necessary election officials and supplies may be provided. A certified copy
of this Ordinance shall also be provided to the Director of the Department of Finance and
Administration and to the Treasurer of the State of Arkansas as soon as practical.
Section 7. That the results of the special election shall be proclaimed by the Mayor, and her
proclamation shall be published one time in a newspaper of general circulation within the City. The
proclamation shall advise that the results as proclaimed shall be conclusive unless attacked in the Circuit
Page 8
Ordinance: 6920
File Number: 2025-2030
Court of Washington County within thirty (30) days after the date of publication of the proclamation.
Section 8. That the Mayor and the City Clerk, for and on behalf of the City, be, and they hereby are
authorized and directed to do any and all things necessary to call and hold the special election as herein
provided and, if the issuance of the Refunding Bonds and any of the capital improvement bonds
described herein are approved by the electors, to cause the Bond Tax to be collected in accordance with
the Local Government Bond Act, and to perform all acts of whatever nature necessary to carry out the
authority conferred by this Ordinance.
Section 9. That the City considers this Ordinance to be its declaration of official intent to issue the
Bonds and to make reimbursement to the City with a portion of the proceeds thereof for all original
expenditures incurred by the City in acquiring, constructing or equipping any of the projects described
herein between the date that is sixty (60) days prior to the date of this Ordinance and the date a series of
Bonds is issued, plus a de minimis amount and preliminary expenditures, as such terms are defined in
Section 1.150-2(f) of the Federal Income Tax Regulations.
Section 10. That Kutak Rock LLP is hereby engaged as Bond Counsel and Stephens Inc. is hereby
engaged as Underwriter with respect to the issuance of the Bonds. The fees and expenses of Bond
Counsel and the Underwriter shall be a cost of issuance of the Bonds to be paid with Bond proceeds.
Section 11. That the provisions of this Ordinance are hereby declared to be separable and if any
provision shall for any reason be held illegal or invalid, such holding shall not affect the validity of the
remainder of this Ordinance.
Section 12. That all ordinances and parts thereof in conflict herewith are hereby repealed to the extent
of such conflict.
Page 9
Additional Information Received
Date Received:
10/14/2025
M M/D D/YYYY
Time:
00.00 (AM/PM)
5.30 PM
From:
Name & Title
Chief of Staff Keith Macedo
To:
Name & Title
City Council
Council
Agenda Meeting Date:
10/14/2025
M M/D D/YYYY
Civic Clerk Number:
2025-2030
Ex. 2025-994
Forwarded to City
Attorneys Office and
City Attorney received a copy during the
Agenda Session
Department Head
FAYErrEVIARKANSAS BOND2026 a�KA�s�E�«E
INVESTING IN OUR FUTURE - WITHOUT RAISING TAXES
Fayetteville is growing fast. Our infrastructure needs to keep pace. Many of the
systems we rely on every day need significant maintenance and repair. The 2026
Bond allows the City to catch up on essential improvements and prepare for the
future using the existing one -cent sales tax, with no increase to residents.
1IAX_` l I y:1:-V =kFATA= .0�
Essential upgrades to keep our systems reliable, protect clean water, and support current and future housing
and business development.
• Increase capacity at the Noland Wastewater Treatment Plant with critical Phase 1 and 2 upgrades that
replace aging systems and maintain service reliability during construction.
• Repair the original 36-inch Beaver Water District transmission line to prevent future catastrophic
failures and safeguard the city's primary water supply.
• Rehabilitate major water storage tanks to maintain safe capacity and ensure system resiliency through
the next decade.
Upgrades and expansions that improve public spaces, strengthen neighborhood amenities, and support
recreation, tourism, and local economies.
• Reinvest in community parks citywide with modern playgrounds, athletic fields, & accessible design.
• Preserve green space through strategic land acquisition for future parks & environmental resilience.
• Enhance quality of life by providing safe, inclusive places for play, connection, and cultural expression.
ANIMAL SERVICES FACILITY
A modern, energy -efficient shelter that provides better adoption experiences and veterinary services.
• Replace the city's 50-year-old facility with a humane, healthy environment for animals and a welcoming
space for adopters and volunteers.
• Expand outreach programs to help families in need keep their pets and access veterinary care.
• Reflect Fayetteville's values of compassion, responsibility, and pride through a facility worthy of the
people and animals it serves.
Side paths, trail reconstructions, and safe routes connect neighborhoods, schools, and parks for a more
walkable, livable city.
• Build new sidepaths & replace aging trail surfaces with durable concrete to maintain long-term quality.
• Connect schools, parks, & commercial areas to neighborhoods for safe, non -motorized travel.
• Leverage grant opportunities to expand Fayetteville's nationally recognized trail network.
ROADS & TRANSPORTATION
Safer streets, smoother commutes, & better connections across Fayetteville make it easier to get to work,
school, and local businesses.
• Improve intersections, turn lanes, corridors, & bridges to reduce congestion & improve safety citywide.
• Complete key projects from the 2019 bond & invests in downtown lighting, sidewalks, & accessibility
improvements.
• Leverage grant funding & maintains a contingency fund to extend resources & respond quickly to
growth -driven needs.
SUSTAINABILRY& RECYCLJNG
A west -side recycling site that reinforces Fayetteville's Climate Action goals & commitment to green initiatives.
• Build anew recycling drop-off facility to serve residents and businesses west of 1-49 and reduce overflow
at the Marion Orton site.
• Add a permanent household hazardous -waste center for safe disposal of paints, fertilizers, sharps, and
electronics.
• Advance the City's Waste -Reduction strategies and expands equitable access to sustainable services.
A year-round facility that adds new opportunities for families, adults, & youth, attracts regional events, &
generates local economic activity.
• Provide indoor & outdoor swimming, water safety instruction, & fitness programming for all ages.
• Respond to public demand identified in the year -long feasibility study, where more than 2,800 residents
called for expanded aquatic access.
• Strengthen community ties & wellness through inclusive recreation, competition, & therapeutic spaces.
FIRE FACILITIES & EQUIPMENT
New stations, equipment, and a modern training facility ensure rapid emergency response city-wide and
protect homes and workplaces as Fayetteville grows.
• Build anew west -side fire station & modern training facility to support the projected 46% pop. growth.
• Replace aging apparatus and equipment to improve firefighter safety and reliability.
• Expand coverage and readiness as personnel increase to meet long-term service demands.
Action based on the vision
V/ of City Plan 2040.
Feasibility & Rate Study -driven
project selection to avoid costly
rate hikes for all residents.
✓Community engagement and
conversation supported priorities for
improved quality of life in Fayetteville.
THE INVESTMENT FAYETTEVILLE NEEDS NOW
This bond funds essential upgrades that protect health, safety,
and quality of life while supporting housing, jobs, and
sustainable growth - all with no tax increase.
1
itiNediAa
Account #: N WCL5004205
Company: CITY OF FAYETTEVILLE-CLERKS OFFI
113 W MOUNTAIN
FAYETTEVILLE, AR 72701
Ad number #: 549586
PO #:
Matter of: ORD 6920
AFFIDAVIT • STATE OF ARKANSAS
Form v1 M
RECEIVED
OCT 2 8 2025
CITY CP FAVE'TEVII I.-E
CITY CLERKS OrPCE
I. Maria Hernandez -Lopez , do solemnly swear that I am the Legal Clerk of the NWA Democrat Gazette, a daily
nea spaper printed and published in WASHINGTON/BENTON county, State of ARKANSAS; that I was so related to
this publication at and during the publication of the annexed legal advertisement in the matter of
ORD 6920
Pending in the court, in said County, and at the dates of the several publications of said advertisement stated below, and
that during said periods and at said dates, said newspaper was printed and had a bona fide circulation in said County,
that said newspaper had been regularly printed and published in said county, and had a bona fide circulation therein for
the period of one month before the date of the first publication of said advertisement; and that said advertisement was
published in the regular daily issues of said newspaper as stated below.
And that there is due or has been paid the NWA Democrat Gazette for publication the sum of $3,154.13.
(Includes $0.00 Affidavit Charge).
NWA Democrat Gazette 10126125
Legal Cler
State of ARKANSAS, County of Sebastian ,
Subscribed and sworn to before me on this 27th day of October, 2025
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