HomeMy WebLinkAbout046-26 RESOLUTIONPage 1
113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
Resolution: 46-26
File Number: 2026-160
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $46,474.00 TO
TRANSFER A TREE ESCROW BALANCE FOR THE PLANTING OF MITIGATION TREES IN VARIOUS
LOCATIONS THROUGHOUT THE CITY OF FAYETTEVILLE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS:
Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of
which is attached to this resolution, in the total amount of $46,474.00 to transfer a balance of funds held in the tree
escrow account for the planting of mitigation trees in various locations throughout the city of Fayetteville.
PASSED and APPROVED on February 17, 2026
Approved:
_______________________________
Molly Rawn, Mayor
Attest:
_______________________________
Kara Paxton, City Clerk Treasurer
Page 1
City of Fayetteville, Arkansas
Legislation Text
113 West Mountain Street
Fayetteville, AR 72701
(479) 575-8323
File #: 2026-160
A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT IN THE AMOUNT OF $46,474.00
TO TRANSFER A TREE ESCROW BALANCE FOR THE PLANTING OF MITIGATION
TREES IN VARIOUS LOCATIONS THROUGHOUT THE CITY OF FAYETTEVILLE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,
ARKANSAS:
Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget
adjustment, a copy of which is attached to this resolution, in the total amount of $46,474.00 to transfer a
balance of funds held in the tree escrow account for the planting of mitigation trees in various locations
throughout the city of Fayetteville.
City of Fayetteville Staff Review Form
2026-160
Item ID
2/17/2026
City Council Meeting Date - Agenda Item Only
N/A for Non-Agenda Item
John Scott 1/22/2026 PARKS & RECREATION (520)
Submitted By Submitted Date Division / Department
Action Recommendation:
Urban Forestry recommends approval of the related budget adjustment and approval of the recognition of $46,474
in tree escrow payments and interest received in the Escrow - Tree Ordinance GL Account since February 2023.
Budget Impact:
4470.520.8520-5220.00 Sales Tax Cap Impr
Account Number Fund
08001.1 Tree Escrow
Project Number Project Title
Budgeted Item?Yes Total Amended Budget $40,415.00
Expenses (Actual+Encum)$-
Available Budget $40,415.00
Does item have a direct cost?No Item Cost $-
Is a Budget Adjustment attached?Yes Budget Adjustment $46,474.00
$51.00 Remaining Budget $86,889.00
V20221130
Purchase Order Number:Previous Ordinance or Resolution #
Change Order Number:Approval Date:
Original Contract Number:
Comments:
2/17/2026
Mailing address:
113 W. Mountain Street
Fayetteville, AR 72701
www.fayetteville-ar.gov
CITY COUNCIL MEMO
2026-160
MEETING OF FEBRUARY 17, 2026
TO: Mayor Rawn and City Council
THROUGH: Alison Jumper, Director of Parks, Natural Resources and Cultural Affairs
Ted Jack, Park Planning Superintendent
Jonathan Curth, Development Services Director
Jessica Masters, Planning Director
FROM: John Scott, Urban Forester
SUBJECT: Tree Escrow Funds Recognition
RECOMMENDATION:
Urban Forestry recommends approval of the related budget adjustment and approval of the recognition of
$46,474 in tree escrow payments and interest received in the Escrow - Tree Ordinance GL Account since
February 2023.
BACKGROUND:
Our urban development code chapter 167.04 J4 allows developers to pay into a tree escrow account as a last
option for planting trees. From February 2023 to November 2025, staff received $46,474 in funds and interest
from the residential projects that were unable to plant trees on site.
DISCUSSION:
Funds collected in the tree escrow account represent payments made by developers to meet tree planting
requirements. These funds will support Urban Forestry in planting trees in the park quadrants that the funds
originated. All escrow payments must be utilized within seven years of receipt.
The projects that contributed to the funds are:
Airport Hanger for $1,350 - SE Park Quadrant
Marinoni Drive Extension - $16,875 SW Park Quadrant
St. Aquinas Church - $5,400 - SW Park Quadrant
The Verve, $16,200 - SW Park Quadrant.
The remaining amount was accrued interest.
BUDGET/STAFF IMPACT:
$46,474 to be recognized and available in the escrow account.
ATTACHMENTS: 3. Staff Review Form, 4. Budget Adjustment
City of Fayetteville, Arkansas - Budget Adjustment (Agenda)
Budget Year Division
/Org2 PARKS & RECREATION (520)
Adjustment Number
2026 Requestor:Alan Bearden
BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION:
Budget adjustment to recognize and allocate payments & interest received into the Escrow - Tree Ordinance GL Account
(4470-2535.00) which is to be used for tree planting projects at various locations throughout the City of Fayetteville. The
project spending activity related to the Escrow - Tree Ordinance is tracked in the Tree Escrow project (08001.1).
COUNCIL DATE:2/17/2026
ITEM ID#:2026-160
Holly Black
1/29/2026 2:06 PM
Budget Division Date
TYPE:D - (City Council)
JOURNAL #:
GLDATE:
RESOLUTION/ORDINANCE CHKD/POSTED:/
v.202615TOTAL46,474 46,474
Increase / (Decrease)Project.Sub#
Account Number Expense Revenue Project Sub.Detl AT Account NameGLACCOUNTEXPENSEREVENUEPROJECTSUBATDESCRIPTION X
4470.520.8520-4409.04 -46,474 08001 1 RE Planning Fees - Tree Ordinance
4470.520.8520-5220.00 46,474 -08001 1 EX Landscape Materials
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