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HomeMy WebLinkAbout061-26 RESOLUTIONPage 1 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 61-26 File Number: 2026-263 A RESOLUTION TO APPROVE A COST SHARE AGREEMENT IN THE AMOUNT OF $200,000.00 WITH OP III FAY S DUNCAN, LP FOR THE CONSTRUCTION OF A 12-INCH WATER MAIN ALONG SOUTH DUNCAN AVENUE, AND TO APPROVE A BUDGET ADJUSTMENT WHEREAS, OP III Fay S Duncan, LP has requested that the City share in the cost of constructing a 12-inch water main along South Duncan Avenue between West Treadwell Street and West Putman Street near the University of Arkansas; and WHEREAS, the newly constructed water main will replace and upsize an aged 6-inch diameter water main and will serve the two developments known as The Verve and Duncan Avenue Student Housing Development, as well as existing residential homes in the nearby area; and WHEREAS, upsizing this water main to 12-inch diameter as required during the City’s development review process will allow development of both properties, and will also ensure reliability for these new development’s water demands and fire protection requirements; and WHEREAS, an adjacent development known as The Verve previously agreed to a payment-in-lieu in the amount of $200,000.00 for its share of the necessary water main upgrade, which is currently held in an escrow account maintained by the City; and WHEREAS, the available funds in the amount of $200,000.00 currently held in an escrow account will be transferred to a City expense account to be used for its intended purpose of constructing the 12-inch water main along South Duncan Avenue. NOW, THEREFORE, 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 cost share agreement in the amount of $200,000.00 with OP III FAY S Duncan, LP for the construction of a 12-inch water main along South Duncan Avenue, utilizing the funds held in escrow for this purpose. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution. Resolution: 61-26 File Number: 2026-263 Page 2 Approved: _______________________________ Molly Rawn, Mayor Attest: _______________________________ Kara Paxton, City Clerk Treasurer PASSED and APPROVED on March 5, 2026 Mailing address: 113 W. Mountain Street Fayetteville, AR 72701 www.fayetteville-ar.gov CITY COUNCIL MEMO 2026-263 MEETING OF MARCH 5, 2026 TO: Mayor Rawn and City Council THROUGH: Keith Macedo, Chief of Staff FROM: Tim Nyander, Utilities Director SUBJECT: OP III FAY S Duncan, LP – Cost Share Agreement for 12-inch Water Main along Duncan Ave. RECOMMENDATION: Staff recommends approval of a cost share agreement with OP III FAY S Duncan, LP in the amount of $200,000.00 for the construction of a 12-inch water main along S. Duncan Avenue, and approval of a budget adjustment. BACKGROUND: Two multi-family residential projects are proposed fronting S. Duncan Avenue from approximately Treadwell Street to south of Putman Street near the University of Arkansas. The water main in this street is a smaller diameter 6-inch cast iron pipe that needs to be replaced and upsized in order to ensure reliability for these new development’s demands and fire protection needs. The first of these two developments known as The Verve is now under construction on the east side of Duncan Avenue, and formerly paid $200,000.00 into an escrow account with the City for their share of this necessary water main upgrade. Now the development on the west side of Duncan seeks a cost share with the City to access these funds and construct the necessary water main upgrade. DISCUSSION: No city funds are being utilized for this cost share. Rather, the city is entering into an agreement to release the $200,000 collected from the east development to the west developer in order to complete the required waterline improvements. This water main upgrade will serve both developments, as well as existing residential properties along South Duncan Avenue. Staff recommends approval of this Cost Share Agreement to allow the funds formerly collected to be used for the intended purpose of constructing a new water main along South Duncan Avenue. BUDGET/STAFF IMPACT: The $200,000 collected from the previous development was transferred from the City's escrow account, and a budget adjustment is attached that will move funds into the Water & Sewer fund to allow payment to the developer for the construction of the water main. The budget adjustment amount includes interest collected while in escrow. ATTACHMENTS: 3. Staff Review Form, 4. Budget Adjustment, 5. Cost Share Agreement Mailing address: 113 W. Mountain Street Fayetteville, AR 72701 www.fayetteville-ar.gov Page 1 City of Fayetteville, Arkansas Legislation Text 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 File #: 2026-263 A RESOLUTION TO APPROVE A COST SHARE AGREEMENT IN THE AMOUNT OF $200,000.00 WITH OP III FAY S DUNCAN, LP FOR THE CONSTRUCTION OF A 12-INCH WATER MAIN ALONG SOUTH DUNCAN AVENUE, AND TO APPROVE A BUDGET ADJUSTMENT WHEREAS, OP III Fay S Duncan, LP has requested that the City share in the cost of constructing a 12- inch water main along South Duncan Avenue between West Treadwell Street and West Putman Street near the University of Arkansas; and WHEREAS, the newly constructed water main will replace and upsize an aged 6-inch diameter water main and will serve the two developments known as The Verve and Duncan Avenue Student Housing Development, as well as existing residential homes in the nearby area; and WHEREAS, upsizing this water main to 12-inch diameter as required during the City’s development review process will allow development of both properties, and will also ensure reliability for these new development’s water demands and fire protection requirements; and WHEREAS, an adjacent development known as The Verve previously agreed to a payment-in-lieu in the amount of $200,000.00 for its share of the necessary water main upgrade, which is currently held in an escrow account maintained by the City; and WHEREAS, the available funds in the amount of $200,000.00 currently held in an escrow account will be transferred to a City expense account to be used for its intended purpose of constructing the 12-inch water main along South Duncan Avenue. NOW, THEREFORE, 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 cost share agreement in the amount of $200,000.00 with OP III FAY S Duncan, LP for the construction of a 12- inch water main along South Duncan Avenue, utilizing the funds held in escrow for this purpose. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution. City of Fayetteville Staff Review Form 2026-263 Item ID 2/21/2026 City Council Meeting Date - Agenda Item Only N/A for Non-Agenda Item Tim Nyander 2/3/2026 WATER SEWER (720) Submitted By Submitted Date Division / Department Action Recommendation: Staff recommends approval of a cost share agreement with OP III FAY S Duncan, LP in the amount of $200,000.00 for the construction of a 12-inch water main on Duncan Ave., and approval of a budget adjustment. Budget Impact: 5400.720.5600-5808.00 Water and Sewer Account Number Fund 04039.2602 Water & Sewer Cost Sharing Project Number Project Title Budgeted Item?Yes Total Amended Budget $2,337,627.00 Expenses (Actual+Encum)$- Available Budget $2,337,627.00 Does item have a direct cost?Yes Item Cost $200,000.00 Is a Budget Adjustment attached?Yes Budget Adjustment $204,170.00 $190.00 Remaining Budget $2,341,797.00 V20221130 Purchase Order Number:Previous Ordinance or Resolution # Change Order Number:Approval Date: Original Contract Number: Comments: City of Fayetteville, Arkansas - Budget Adjustment (Agenda) Budget Year Division /Org2 WATER SEWER (720) Adjustment Number 2026 Requestor:Shea Fankhouser BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: Staff recommends approval of a cost share agreement with OP III FAY S Duncan, LP in the amount of $200,000.00 for the construction of a 12-inch water main on Duncan Ave. as part of the Verve and the Duncan Avenue Student Housing Project. COUNCIL DATE:3/3/2026 ITEM ID#:2026-263 Holly Black 2/4/2026 7:40 AM Budget Division Date TYPE:D - (City Council) JOURNAL #: GLDATE: RESOLUTION/ORDINANCE CHKD/POSTED:/ v.202615TOTAL204,170 204,170 Increase / (Decrease)Project.Sub# Account Number Expense Revenue Project Sub.Detl AT Account NameGLACCOUNTEXPENSEREVENUEPROJECTSUBATDESCRIPTION X 5400.720.5600-4420.00 -204,170 04039 2602 RE Payments by Property Owners - base 5400.720.5600-5808.00 204,170 -04039 2602 EX Improvements - Water Line -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 1 of 1 Page 1 of 2 CONTRACTUAL AGREEMENT FOR COST SHARE OF WATER MAIN INSTALLATION COSTS This Agreement, made and entered into on this _____ day of March, 2026, by and between the City of Fayetteville, Arkansas (“City”) and OP III Fay S Duncan, LP, witnesseth: WHEREAS, OP III Fay S Duncan, LP has requested that the City share in the cost of constructing a 12-inch water main along South Duncan Avenue between West Treadwell Street and West Putman Street near the University of Arkansas; and WHEREAS, the newly constructed water main will replace and upsize an aged 6-inch diameter water main and will serve the two developments known as The Verve and Duncan Avenue Student Housing Development, as well as existing residential homes in the nearby area; and WHEREAS, upsizing this water main to 12-inch diameter as required during the City’s development review process will allow development of both properties, and will also ensure reliability for these new development’s water demands and fire protection requirements; and WHEREAS, an adjacent development known as The Verve previously agreed to a payment-in-lieu in the amount of $200,000.00 for its share of the necessary water main upgrade, which is currently held in an escrow account maintained by the City; and WHEREAS, the available funds in the amount of $200,000.00 currently held in an escrow account will be transferred to a City expense account to be used for its intended purpose of constructing the 12-inch water main along South Duncan Avenue. NOW, THEREFORE, the City of Fayetteville, Arkansas and OP III Fay S Duncan, LP agree as follows: 1.The City of Fayetteville, Arkansas agrees to: A.Reimburse OP III Fay S Duncan, LP for the cost to install the water main in the area identified in Exhibit “A” the amount of $200,000.00, which represents a portion of the total cost of $367,377.06 as was estimated by the builder’s representative and shown on Exhibit “B”, attached. B.Payments due to OP III Fay S Duncan, LP shall be remitted within sixty (60) days after receipt of valid invoices. 5 -Treasurer "Verve" ProjectSouth Duncan Housing Project Proposed Waterline OP III Fay S Duncan, LP Exhibit A  (&2/2*,&$/'(6,*1*5283  :::(&2/2*,&$/'*&20  0(025$1'80   'DWH 3URMHFW'XQFDQ$YH6WXGHQW+RXVLQJ'HYHORSPHQW -XQLSHU  /RFDWLRQ)D\HWWHYLOOH$5 3UHSDUHG%\%UDKP'ULYHU²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x4 WVWV S                                                                                                                               25.0000 25.0000 W W W 25.0000                           S S TP SO U T H D U N C A N A V E N U E (5 0 ' P L A T T E D P U B L I C R I G H T O F W A Y - A S P H A L T ) (4 5 ' - 5 2 ' M . S . P . R / W - R E S I D E N T I A L L I N K ) (P L A T B O O K 4 , P A G E 1 9 2 ) 25.0000 55 . 0 0 ' 56571358135135 8 1359 135 0 135 5 1351135 2 1353 135 4 135 6 13 5 7 1358 1359 1360 1361 1362 1350 1355 1351 135 21353 1354 1356 1357 1358 1355 1360 135 1 1352 1353 135 4 1356 1357 1358 1359 1361 1362 1363136 3 1350 134 8 1349 1351 135 5 135 11352135 3135 4 1356135 7 13551360 135 3 135 4 135613571358135 91361 1355136 0 13541356135713581359136 1 136 2 13 631364 1355 136 0 13541356 135 7 1358135913611362 1363 13551360 13541356135 7 135 8 135 913611362 136 3 1355 136 0 1354 1356135713 5 8 135 9 1361 136 2 136 313 6 4 1355 4 1360 1356135713581359136113621363 1364 1355 1360 35213531354135 6 13571358 135 913611362136 3 1355 1360 1365 1351 1352 1353 1354 1356 1357 1358 1359 1361 1362 1363 1364 1365 1364 1364 1365 1363136 4 T23 T30 T41 T54 25.0012 5.0000 N87°07'1 0' S02 ° 2 8 ' 0 5 " W 6 0 . 0 0 ' 7'15"W 195.00' S02 ° 2 8 ' 0 5 " W 6 5 . 0 0 ' 0' S0 2 ° 2 8 ' 0 5 " W 1 0 0 . 0 0 ' 7"E 215.20' S02°28'03"W 45.00' N87°17'27"W 199.93' S02 ° 3 6 ' 3 8 " W 8 6 . 1 7 ' S0 2 ° 36 ' 3 8 " W 7 0 . 0 0 ' 7°17'27"W 219.90' S02°52'45"W 25.00' S02 ° 2 7 ' 4 9 " W 5 5 . 0 0 ' 1' N87°07'15"W 66.00' 84.00' N0 2 ° 5 2 ' 4 5 " E 8 0 . 0 0 ' S02°52'45"W 25.00' 57"W 220.13' 4.88' 15.11' 45 . 0 0 ' 55 . 0 0 ' 15 . 0 0 ' 45 . 0 0 ' 10 . 0 0 ' 55 . 0 0 ' S02°28'05"W 40.00' PARCEL #765-04825-000 PART OF LOT 6, BLOCK 7 I. W. DUNCANS ADDITION PLAT BOOK 4, PAGE 192 10,350 SQ. FEET ± 0.24 ACRES ± PARCEL #765-14437-000 FAYETTEVILLE SCHOOL DISTRICT #1 PO BOX 849 FAYETTEVILLE, AR 72702 ZONED: P-1 S0 2 ° 3 6 ' 3 8 " W 70 5 . 0 0 ' NO T T O S C A L E DU N C A N A V E . DU N C A N A V E . SS 0+ 0 0 1+00 2+00 3+00 4+00 5+00 6+00 6+ 3 5 0+ 0 0 1+00 2+00 3+00 4+00 5+00 6+00 6+18 19 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 44 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " 4 5 D E G R E E B E N D ST A . 0 + 1 9 . 0 5 22 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " 4 5 D E G R E E B E N D ST A . 0 + 6 4 . 4 8 22 1 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " 1 1 . 2 5 D E G R E E B E N D ST A . 3 + 8 9 . 6 3 1355 1360 1365 13 6 5 13 6 5 1351 1352 1353 1354 1356 1357 1358 1359 1361 1362 1363 1364 1 3 6 4 1364 1366 21 L F O F 6" C 9 0 0 D R - 1 4 P C 3 0 5 P V C 12 " G A T E V A L V E 12 " G A T E V A L V E 1 2 " X 6 " T E E ST A . 6 + 1 4 . 0 9 76 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " 1 1 . 2 5 D E G R E E B E N D ST A . 0 + 8 7 . 0 8 3 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " X 8 " T E E ST A . 1 + 6 4 . 7 4 21 9 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " X 8 " T E E ST A . 1 + 6 9 . 7 6 DU N C A N A V E P U B L I C W A T E R M A I N P R O F I L E 13 4 5 13 5 0 13 5 5 13 6 0 13 6 5 13 7 0 13 7 5 13 4 5 13 5 0 13 5 5 13 6 0 13 6 5 13 7 0 13 7 5 44 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 22 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " 1 1 . 2 5 D E G R E E B E N D ST A . 3 + 8 9 . 6 3 0+ 0 0 EG 1365.32 FG 1365.38 1+ 0 0 EG 1363.47 FG 2+ 0 0 EG 1364.44 FG 3+ 0 0 EG 1365.01 FG 4+ 0 0 EG 1364.83 FG 5+ 0 0 EG 1359.69 FG 6+ 0 0 EG 1351.54 FG 6+ 5 0 EG FG EX I S T I N G G R A D E FI N I S H G R A D E 19 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " 4 5 D E G R E E B E N D ST A . 0 + 6 4 . 4 8 22 1 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 1 2 " 4 5 D E G R E E B E N D ST A . 0 + 1 9 . 0 5 FU L L D E P T H C L A S S 7 B A C K F I L L UN D E R P A V E M E N T ( T Y P . ) 1 2 " X 8 " T E E ST A . 1 + 6 4 . 7 4 1 2 " X 8 " T E E ST A . 1 + 6 9 . 7 6 12 " G A T E V A L V E 1 2 " X 6 " T E E ST A . 6 + 1 4 . 0 9 12 " G A T E V A L V E 1 2 " 1 1 . 2 5 D E G R E E B E N D ST A . 0 + 8 7 . 0 8 76 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 21 9 L F O F 12 " C 9 0 0 D R - 1 2 P C 3 0 5 C2 . 1 0 PU B L I C W A T E R M A I N P L A N AN D P R O F I L E 1 SC A L E : 1 " = 2 0 ' - 0 " NO R T H 40 ' 0' 20 ' 80 ' DU N C A N A V E . P U B L I C W A T E R M A I N P L A N 2 HO R I Z O N T A L S C A L E : 1 " = 2 0 ' - 0 " VE R T I C A L S C A L E : 1 " = 5 ' - 0 " DU N C A N A V E . P U B L I C W A T E R M A I N P R O F I L E ST A 0 + 0 0 T O S T A 6 + 3 4 . 6 1 ST A 0 + 0 0 T O S T A 6 + 3 4 . 6 1 WA T E R Q U A N T I T I E S 12 " C 9 0 0 D R - 1 2 P C 3 0 5 P I P E 6 3 5 L F 23 . 3 2 20 2 5 . 1 1 . 2 5 CD I F R + I F P Duncan Student Housing S Duncan Ave. Fayetteville, AR 72701 1 A 2 3 4 5 6 B C D E co n t e n t s . de s i g n . da t e . pr o j e c t . is s u e f o r r e v i e w : is s u e f o r p r i c i n g : re v i s i o n s : is s u e f o r c o n s t r u c t i o n : F 7 PL E A S E R E F E R T O C O N T R A C T O R P R O V I D E D TR A D E P A C K A G E S ( D I V I S I O N 0 0 ) F O R A L L CO N T R A C T O R P R O J E C T R E Q U I R E M E N T S . WI T H O U T E X C E P T I O N , AL L S U B C O N T R A C T O R S AR E R E S P O N S I B L E F O R R E V I E W I N G A L L CO N T R A C T D O C U M E N T S ( I N C L U D I N G S H E E T S , DR A W I N G S , G E N E R A L N O T E S , S P E C I F I C A T I O N S , ET C . ) A S P R O V I D E D B Y T H E A R C H I T E C T O R A N Y OT H E R C O N S U L T A N T . RE F E R T O S H E E T S G 0 . 0 0 - G 0 . 0 3 F O R A L L GE N E R A L N O T E S R E L A T I V E T O T H E S C O P E O F WO R K A N D T Y P E S O F D R A W I N G S , E L E M E N T S , AN D I N S T R U C T I O N S F O U N D O N T H I S S H E E T . To:Contact:FaverGray Andrew Habernick Duncan Student HousingProject Name:Bid Number:1 Fax:Jacksonville Beach, FL 32250 Address:415 Pablo Avenue Suite 200 Phone:(904) 208-2004 Project Location:Duncan And Treadwell, Fayetteville, AR Bid Date: Total PriceUnit PriceUnitItem Description Estimated Quantity Municiple Utilities, Fireline, And FDC Line $285,381.06$464.79614.00 LFPvc 12 In Waterline $3,200.00$3,200.001.00 LSConnect To Existing $288,581.06Total Price for above Municiple Utilities, Fireline, And FDC Line Items: Asphalt Paving $35,760.40$5.296,760.00 SFMill Asphalt 2 In Depth $2,366.00$0.356,760.00 SFInstall SS1 Oil (tack) $40,669.60$4.648,765.00 SFAsphalt 3 In $78,796.00Total Price for above Asphalt Paving Items: $367,377.06Total Bid Price: Notes: •Arch. Concrete NOT Included •CIP Walls NOT Included •Excavate and Haul Off Additional Unsuitable Soils $31 per CY •Additional Import, Fill, and Compact $33 per CY •Mass Rock $525 per CY •Trench Rock $650 per CY •River Rock NOT Included •All work performed under scope is per Civil plans, and deviation from plan may incur additional charges. •Roof Drain Connections NOT Included. Inadequit Details. •Staking for ARCO operations only if included in contract. •Execution of work will only begin after a signed proposal has been received. •Any hold up in work will be paid by remobilization if demobilization is necessary OR by equipment sitting fee incurred daily. •This proposal is based on work being done during normal working hours, night work and sundays not included. •This proposal does not include price for any permits or fees associated with. •This proposal does not include repair of any unmarked underground utilities. • This proposal may be withdrawn if not accepted within 30 days. • This proposal is all inclusive, any alteration will affect pricing. •Due to the unforseen cost in fuel prices, quote will be updated with current fuel cost at any time up to executuion of contract/proposal. Page 1 of 211/18/2025 8:52:00 AM ACCEPTED: The above prices, specifications and conditions are satisfactory and hereby accepted. Buyer: Signature: Date of Acceptance: CONFIRMED: Arco Authorized Signature: Estimator:Tony White (479) 866-3811 Tony@arcoexc.com Page 2 of 211/18/2025 8:52:00 AM