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HomeMy WebLinkAbout2005-08-25 MinutesMayor Dan Coody City Attomey Kit Williams City Clerk Sondra Smith aye evi le AR KA N SA 5 City of Fayetteville Arkansas City Council Street Committee Meeting Minutes August 25, 2005 City Council Street Committee Minutes August 4, 2005 Page 1 of 11 Member Aldermen Ward 1 Position 1 - Robert Reynolds Ward 2 Position 2— Don Marr Ward 3 Position 2 — Robert Ferrell Ward 4 Position 2 - Lioneld Jordan A meeting of the Fayetteville City Council Street Committee was held on August 25, 2005 at 5:00 p.m. in Room 111 of the City Administration Building located at 113 West Mountain Street, Fayetteville, Arkansas. MEMBERS PRESENT: Alderman Lioneld Jordan (Chair), Alderman Robert Reynolds, Alderman Bobby Ferrell, Alderman Don Marr Other Council Members Present: Aldermen Kyle Cook, Shirley Lucas and Brenda Thiel Staff Present: Ron Petrie, Gary Dumas, Tim Conklin, Susan Thomas Chairman Lioneld Jordan brought the meeting to order. He mentioned that Alderman Marr had two additions to add to the agenda for discussion. 1. Proposed Street Improvements for 2006-2010 CIP Ron Petrie said with the postponement of the bond issue, the staff's dilemma is in preparing a street CIP program assuming no bond issue. Staff will prioritize all the capital improvement projects, not just streets. All projects will be rated through this prioritization process. If the bond issue is funded, we will revisit the CIP. Ron gave the members a list of projects that are not on the bond issue list but are proposed for the CIP. Everything that was phase 1 and phase 2 priority Bond Program will be placed on the CIP. On the list presented, the Hwy 265 project (as well as Township) is listed as part of agreements with AHTD. Alderman Jordan opened up discussion between Committee members. Alderman Ferrell asked who would do the rating on the priority of the projects. Ron Petrie said that staff would be rating the projects but he wasn't sure who would be a part of that group. Gary Dumas said the rating group would probably consist of department heads and maybe division heads. That group will make a recommendation to the mayor, who will make a recommendation to the full Council. 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Paget of 11 Alderman Ferrell said he wanted to point out to the raters that, other than things we are obligated to do (such as the cooperative projects with the Highway Dept.) he thinks Rupple Road needs to be moved up on this list. He cited the huge traffic increase in that area, already permitted & projected growth in the area, the wastewater treatment plant, etc. He thinks it is a safety factor and will also have a negative affect on future development if not improved. He asked that other members of the Street Committee and the Council carefully consider what can be done to expedite the project. Alderman Reynolds asked why item 2 — Sixth Street (Wood Ave. to North College) got onto the list since it wasn't on the previous list. Ron Petrie said it was a decision he made because it is the last unimproved segment of that project and in order to do the project right, the City would need to purchase the residence on the corner of 6th & College. This item would be for right-of-way acquisition. Alderman Reynolds asked if the City would buy the property and let the lady who lives there stay there until she passes away. He said she is about 94 and he would hate to see her have to move at her age. If the City buys the property, he would like to postpone the work for at least a year or two. Ron Petrie said if acceptable to everyone, the project can be pushed back to 2009 or 10. Alderman Reynolds said he would be happy if it was moved to 2007. Alderman Thiel said, with current market values, she would prefer the City try to acquire the property now. She agrees with Alderman Reynolds that the resident of the property should be allowed to live there as long as she needs to, but the value will continue to rise and once a decision is made about the Jefferson Elementary property, it could go up further. Buying the property now will save the City money in the long run. Alderman Marr said that rather than going through the list an item at a time now (unless an item needs to be pulled off the list entirely) he would like to see how these projects come out in terms of the entire CIP priority list before discussing details. As for process, he thinks the CIP plan as it relates to streets should come to the Street Committee before it goes to the full Council. Alderman Reynolds asked about items not on the list, such as the intersection of Happy Hollow and Huntsville Ave. and Howard Nickell Rd. which he feels are very important to moving traffic. He also mentioned 15th St. construction all the way to College. Ron Petrie said that Happy Hollow and Huntsville has already been funded. He explained that 15th St. is on the bond issue — phase 3. Alderman Ferrell said he feels it is important that the dollars coming from the federal highway bill come before the Street Committee as to what the intended allocations are going to be. He wondered if some of the money could be worked in to some of these high priority projects. Alderman Thiel asked for clarification regarding the priority list. She asked if the list before the Committee at this point will replace the original list with the postponement of the bond issue 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page 3 of 11 Ron Petrie said that the items on this list will be in the same hopper with the original list. Realistically, if the bond issue doesn't pass, we will be spending the money we have on projects that we obviously have to spend money on such as Township and Crossover. The funded list of streets will be slim. Alderman Marr said what we are bringing forward tonight is an agenda item that says we're going to put Phase 1 and 2 of the original Bond list in with this list and create a consolidated list. Staff will then review that list and make recommendations as per priority. If we get a bond issue passed, we will know how many projects we can do. If not, we will still have the same priority list and the same project will be number 1. Gary Dumas said that we have to remember there are a limited number of dollars in the CIP. That's why we will be going through the rating system to evaluate all CIP requests, from Parks, Fire Dept., IT and any other division. These requests will be rated against a schedule already put together. Alderman Marr said he remembered a discussion in the past regarding the Hwy 265 project in which it was noted that the money for that project would pretty much be the entire budget at that time, and without a bond issue, nothing more could be done in 2006. He wondered if that is accurate. Gary Dumas said there is money in the existing CIP for right-of-way acquisition for Hwy 265 (almost $1.5 million). This should take care of the Highway Department needs in 2006. Although typically AHTD requires us to pay all our share before the bid is awarded, we will be talking with them about the possibility of paying throughout the construction period, which could expand the period from 2007 to 2009. If that works out, some other items in the CIP may be funded. Alderman Marr asked what the probability is of AHTD agreeing to this. Gary Dumas said we will negotiate with them next year. If they want all their money in 2007, we will bring it forward in the CIP process this time next year. Ron Petrie said AHTD has indicated they are willing to discuss it. That's the best answer we have to date. Alderman Reynolds asked what Federal money we will be getting. Gary Dumas said the money that has been earmarked for Fayetteville is for the Fayetteville Economic Development Corridor, which could be used for the fly -over or for anything along that corridor. The corridor is defined as running from the exit south of Johnson's Main St., on I540, along Fulbright Expressway up to Zion Rd. and College south to 6th St. on College. Our first two phases as defined in the request would have been the north end around the Mall. The flyover could be one of those projects. The other part of the allocation was Cato Springs/Razorback and that has to be spent on those streets. Alderman Reynolds asked if that allocation was for widening that street and putting in sidewalks and gutter. He said the people living out there don't want a three -lane or four -lane. 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page of 11 Gary Dumas said the City would have to work with the University since it was their request. He said he doesn't think there has been any design on any of the improvements as of this time. Alderman Lucas asked about number 4 (Longview St. & North College) on the list of street projects and why it is on the list. Ron Petrie said it was taken out of the bond issue. The streets on this list came from the BWR list and also from comments heard during all the meetings we have had. This list was created first with the assumption that the bond issue is going to pass. He said he was looking for very small, doable projects in this time frame, in addition to the bond issue streets. This item is on there because it is a small project that can be handled with existing CIP funds. After some further discussion Alderman Reynolds and Alderman Lucas agreed this item should be removed from this list. Alderman Thiel asked when Duncan/California/Harmon got onto the list and whether the University will be doing a cost share. Mike Johnson, UA said that is still an open issue. But there needs to be some amount on there for the City's part. Alderman Jordan asked for the wishes of the committee. Alderman Marr said he feels it is a useless exercise to sit here and discuss these issues before everything is on the list. He said the discussion at this point should simply be what should be on the list that isn't on it now or what needs to be removed from this list. The issue of where it fits on the priority list should be a discussion for a future meeting. He brought up the issue of traffic calming money as it goes into neighborhoods for street improvement programs. He wants to make sure this gets into the "hopper" along with the other items. He also agreed that Longview should be removed from this list. Alderman Ferrell said he doesn't mind Longview being pulled off the list as long as it gets consideration for sidewalks as any other street would. He said he understands Ron's reasoning in putting smaller items in there but feels that small amounts of money add up to large amounts and he thinks we should take care of the most important things. He feels that safety and moving the traffic are the big things. Alderman Jordan asked for clarification from the Committee as to their wishes. He asked if they want to go back to the bond issue list and try to prioritize that as a committee. Alderman Marr said what he heard was that the staff would bring to the Committee the Phase 1 and Phase 2 list, (the bond list), with these items on it. Then there will be a forced ranking done by somebody that puts them all in an order based on safety, cost, etc. Gary Dumas said the staff will put together all CIP requests from all departments into the hopper and filter them through the screening process that has been created. They will bring back to the Committee the final list of streets that made it through that process. It is his opinion that safety and economic development are going to rate very high in this evaluation system. But even given that, there are still limited funds. The reason we have a bond issue is that the CIP is not 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page 5 of 11 adequate to fix, for example, Rupple Road. That would take all the CIP funds for the next five years. Alderman Jordan said that process is fine with him if that is what the Committee wants to do. Alderman Ferrell said he agrees but said that sooner or later we'll have to get down to, whether we get the bond money or not, picking out about five projects that are the most important for the City. Alderman Jordan agreed though he doesn't think that can be done at this meeting. We can schedule a meeting in the future to have that discussion. Alderman Marr said that those five projects would have to fit within the $7 million pot. Alderman Ferrell said he doesn't necessarily agree with that — the five would have to be ranked in an order of importance. Alderman Marr said his point is that if the most important road (for example Rupple Road) costs $20 million, and the CIP budget is somewhere between $5 and $7 million, then we have just allocated our CIP budget for four years on that project. So the bond issue is very important, we can't do these projects on the CIP budget. Gary Dumas, going back to Alderman Marr's concerns about the traffic calming issue, said that the plan is to begin putting in asphalt platforms (not the same as was used on Fieldstone, which was expensive). Installation of those platforms would be in the Street division budget as normal operation expenses. If the work is done internally, it is a fairly insignificant expense. 2. Status Report Garland Avenue Bridge Replacement Project over Town Branch Creek currently under design by the Arkansas Highway & Transportation Department as a part of the Federal -aid Bridge Replacement Program. Ron Petrie said that back in 2002 the City Council agreed to put the Garland Avenue bridge over Town Branch into this bridge replacement program. This is a program where we are sharing federal aid dollars (they pay 80% and we pay 20%). They have a cap of $1 million. Since then the highway depallment has provided preliminary plans and given us a preliminary cost for this project. Staff was somewhat surprised with the plans they got and wanted to bring it to the Committee to determine if we want to proceed or ask AHTD to look at something else. What is being proposed is an 8-barrell, 12 x 10 reinforced concrete box culvert. This bridge is 15' wide with some steel girders but mostly native stone. It is a fairly small, insignificant structure. What they are proposing will require the removal of two residences (one is a duplex on the west side of the street and one is what appears to be a single-family residence on the east side). It will require the relocation of three 24 -inch sewer lines so it has become a pretty big project. In response to a question from Alderman Jordan, Ron explained that the bridge is located just north of Cato Springs Rd. Alderman Reynolds, in response to a question from Alderman Marr, said that after the last big storm, the bridge was damaged and closed because it was deemed to be unsafe. He wondered if it would be possible to get the County to build the bridge. 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page of 11 Alderman Marr asked how we could get out of this project if we want to get out of it. Ron Petrie said we could simply present a letter from the mayor (and it might need to be approved by the City Council) stating that though we want to keep these plans on the shelf, we have a higher priority project. We've paid $35,000 so far for this. If we give the State another bridge project, he is told they will do that bridge. Tim Conklin said that with the bridge replacement program, we put one bridge in the program, we complete that bridge then pick another bridge. It is an on-going process. Alderman Marr asked if we have a different bridge that would not be as costly that would qualify for this. Ron Petrie said they haven't done cost estimates but stated that this is not the bridge staff recommended to be replaced. Staff recommended that Dead Horse Mountain Bridge for replacement. Alderman Reynolds said that with all the development south of Dead Horse Mountain Bridge, though he was against the original suggestion, he now thinks it might pay to do that bridge — possibly with financial input from the developers to pay our share. Gary Dumas said he thinks that bridge would be even more expensive than this one and he is not sure you could get enough help from the developers to offset that additional expense. Alderman Jordan asked if it is the consensus of the committee not to do this project. Alderman Reynolds said the bridge needs to be rebuilt because of the trucks using it. Alderman Thiel said that if it is a choice between the two bridges, the safety issue and the number of people utilizing the bridge, she would prefer to do the Dead Horse Mountain bridge. Alderman Ferrell said if we go forward with this bridge, he figured City share to be about $900,000. Ron Petrie clarified that that is unfunded money at this point. It would be a high priority item in the hopper. He said he really needs some direction regarding whether the Committee wants him to move forward with this project. He said staff can bring forward other options if the Committee doesn't want to go forward with this project. But if we want to move forward, the Highway Department is just waiting for an answer. Alderman Reynolds said the bridge needs to be done. The bridge is being used by many concrete trucks and campers going to the RV park as well as trucks and trailers going in and out of the U -Haul facility. Gary Dumas stated that if the bridge is not replaced, it will eventually have to be closed. Alderman Thiel asked if the only option is to do the bridge the way the State has designed it. 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page 7 of 11 Ron Petrie said he is not in a position to go back and tell the State to redesign the bridge a different way because we don't like the design. Alderman Ferrell said, that given the fact that this is an unsafe bridge and the State is giving money toward replacing it, he moves that the Committee vote to go forward with it. Alderman Reynolds seconded the motion. The motion passed with a vote of 3 to 1, with Alderman Marr voting no. 3. Status Report of the Rupple Road Cost -Share with the Developers of the Clabber Creek Subdivision, Phases 3, 4 & 5. Ron Petrie gave some background on this item. On March 10 staff presented a possible cost - share to the Street Committee to widen Rupple to a minor arterial which is four lanes. Soon after that committee meeting, on March 31, the Street Committee made a decision to make Rupple Road a boulevard. Since that time developers have been designing the plans. Ron distributed to the Committee what had been given to staff. The plan has a 6' sidewalk on the west side, a 10' greenspace, two lanes each side of a boulevard section. If it is the Committee's wish to proceed with this design, this will be taken to the contractors to get firm prices which will be presented to the Committee. The cost presented previously was for a four lane street, not a boulevard, so the Committee should anticipate that the cost will be higher. Alderman Marr asked if there is room for a sidewalk on the east side in the future. Ron Petrie said there is current right-of-way for that but there is a private alley that is built partially within that right-of-way so that alley would have to be moved. In response to a question about bike lanes, Ron said there will be wide outer lanes (one 11' lane and one 14' lane leaving room for bikes). Alderman Jordan opened the floor for discussion from the audience. Rob Scott, whose residence backs right up against the private alley adjacent to the proposed Rupple Road extension, stated that he and other neighbors in the area are very concerned about the extension. The fundamental problem is that it is too close to the houses. He thinks it is closer than the Planning Commission realized when they approved the subdivision and closer than the Street Committee has been made aware of. His first concern is safety. The curb for Rupple Road will be only 8 or 10 feet from the alley behind his home. The second concern is the impact of traffic and noise on these residential streets, affecting the quality of life of the residents. He said that work has already begun on the road although it has not yet been approved. Trees have been removed, digging and grading has begun not only on developer's property but on current city right-of-way. He shared some photographs of the area. He asked the Street Committee to consider modifying the Rupple Road plans to account for the concerns he has raised. He emphasized again that his chief concern is safety. He also asked the Street Committee to ask the developers to cease construction of Rupple Road until such time as it approved by the City Council. He said the number one item that would make that section of road safe would be installation of a fence. The second thing to make it safe would be to put in a sidewalk. The third thing would be to make sure it is planted with good, large trees at a reasonable density. If this section of Rupple Road is done right, before the bond issue, the City would be able to point to it as an example of a positive improvement to Fayetteville. 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page 8 of 11 Another member of the audience asked that the Committee address the issue of smoke from the burning trees. He said one ember could set fire to the entire neighborhood. Other neighbors expressed concern about how close the street will be their homes and the issue of safety. They requested that a fence of some sort be considered and/or that the road be moved over a little bit. Alderman Marr asked if the City has the ability to shift the road west at all. Ron Petrie said the City would need to purchase all the lots on that side of the street, or reduce the amount of greenspace in the sidewalk. When that subdivision came through, they dedicated 20' for this street. The other subdivision dedicated 70' of right of way to meet our Master Street Plan. That has been approved and that is the only thing we can require of them. If we want to move it over more, we have to purchase those lots. Gary Dumas, after confirming the number with Ron Petrie, said there is 20 feet between the edge of the subdivision to the curb. There is an 18 foot private alley beyond that. The curb is therefore 38 feet from the back of the lots. Ron Petrie said there is also a 15 foot utility easement as well. Rob Scott clarified that the City right-of-way begins in the middle of where the alley currently is. The end of the city right-of-way starts right where the tree line was. That line of trees is about where the curb will be according to what he has been told. Lioneld Jordan made the suggestion that the item be tabled until he and Alderman Lucas have a chance to talk to members of this neighborhood. After some further discussion, it was agreed that a time will be set up for aldermen to look further into the situation, visit the area and talk to neighbors. The neighborhood will set up a POA meeting and invite aldermen to attend. 4. Amendment to the Master Street Plan to reclassify Rupple Road from a Minor Arterial Street (90 feet of right-of-way) to a Principal Arterial Street (110 feet of right-of-way). Due to the connection of this item with the previous item, it was tabled also. 5. Amendment to the Master Street Plan to reclassify Shiloh Drive from a Collector Street (70 feet of right-of-way) to a Local Street (50 feet of right-of-way) Tim Conklin said this item was on a previous City Council agenda and was tabled until we had an opportunity to discuss this portion of Shiloh Drive. This is a small portion of Shiloh Drive where Red Lobster, Dixie Cafe, Fire Mountain Restaurant, etc. are located. In the mid -90's a decision was made to not connect this section of Shiloh to the other streets in the area. It was decided to make Mall Ave. that connection because turning left off Shiloh Drive onto Joyce is impossible. When Nelson Crossing, a large scale development was recently brought through the Planning Commission process, staff supported bringing forward a Master Street Plan amendment for them not to have to dedicate additional right-of-way at that site since it just dead ends into Mud Creek and there is no plan to ever connect that road across. The difference is a 70 -foot right-of-way versus a 50 -foot right-of-way. It is adjacent to College Ave. and there are no plans 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page of 11 to add any turn lanes in that location. With less right-of-way dedication, Nelson Crossing will be able to use more of their property for parking and redevelopment. Staff is in support of this amendment. Alderman Ferrell moved and Alderman Reynolds seconded the motion to approve this amendment. The motion carried unanimously. 6. Amendment to the Master Street Plan and General Plan 2020 to reclassify streets within the downtown area based on the recommended cross sections in the Downtown Master Plan Tim Conklin said one of the outcomes of the Downtown Master Plan was a recognition that the Master Street Plan street rights-of-way that we utilized in the rest of the City do not work within the downtown. On downtown streets, historically, many of the buildings are close to the street rights-of-way. Our current Master Street Plan requires that set -backs be measured from the future right-of-way. For example College Avenue will require 110 feet of right-of-way, with a 50 -foot setback beyond that. Of course, the Courthouse, the old jail, etc. are not set back. There's a 60 foot right of -way in those areas. The main benefit of implementing this part of the Downtown Master Plan is that it will match the existing rights-of-way downtown with the type of streets we have. Therefore if a developer comes in with a project, his building set -backs could match the historic set -backs in the existing developed areas. Trying to make this part of College Ave. wider, with 10 feet of greenspace, 6 foot sidewalks, etc. like College Ave. north of North Street would be very expensive and result in the loss of many historic structures. Dover Kohl evaluated each street and the existing rights-of-way. Mr. Conklin had a map showing the different street cross sections, many of them including on -street parking, street trees, etc. The smallest street is a lane on the east side of the Three Sisters Building. The largest street is Archibald Yell with a 100 -foot right-of-way. With regard to the actual street cross sections and how they look, those are decisions that will have to made in the future as each street is modified. The overall idea is to recognize that this is the downtown area and the streets are context - sensitive to this area. Mr. Conklin pointed out one change. The Downtown Master Plan did go up to Maple Street. Staff has included the section of College up to North Street. In recent months there has been a lot of redevelopment of some of these older buildings along College. We have had to continue to grant variances in order for those projects to happen. This amendment would help avoid the additional red tape, recognizing that building up against the street is something we desire in downtown Fayetteville. Alderman Ferrell asked if there is any down side staff can see with this amendment. Tim Conklin said during the meetings held while developing the Downtown Master Plan there was some discussion with regard to pedestrians and automobiles. As a community we have to have a different mindset for downtown. We don't want to encourage high speeds in automobile traffic but instead want to encourage more pedestrian activities. For those who want to move through downtown as fast as possible, there may be a downside. For those who want to come downtown, park, and walk, shop and eat it will make our streets safer and provide a more pedestrian friendly environment. Alderman Reynolds pointed out that the Downtown Master Street plan pretty much follows the TIF district. 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page l0 of 11 Alderman Ferrell moved to approve the amendment. Alderman Reynolds seconded the motion and it carried unanimously. Alderman Marr asked if this would change any current one-way streets. Tim Conklin said this adopts some cross sections that set out a future right-of-way that will be used to issue building permits. But any one -ways or street designs will always come back to the Street Committee and full Council. 7. Traffic Calming & Ridge Hill Apartments Alderman Marr wanted to add two items to the agenda. The first item is traffic calming. He said he has had a lot of people calling him about the traffic calming policy of the City and asking the Street Committee to formally look at that policy to ascertain whether it accomplishes what it is designed to accomplish. The policy is confusing to people and you can only look at traffic calming one street at a time as opposed to looking at it from a neighborhood perspective. You have to get signatures of 75% of the homeowners on one particular street to look at traffic calming measures. So you might deal with the traffic issues on that street but move the problem to another street. Then you have to go to that street and get 75% of the homeowners on that street to sign. He wants to add this to the Street Committee agenda and allow citizens to come forward with their traffic calming issues, their concerns about how the policy works and then actually move forward with implementing the policy and see how it works. The second item was an issue that was on the Planning Commission agenda on Monday night — Ridge Hill Apartments. This property is on Gregg Ave. between Lawson and Holly St. and is being brought forward by Brandon Barber's group. This development is sitting in the middle of the intersection where Gregg Street would be going south according to a recently approved Street Committee agenda item. His concern is that we need to address this piece of property and decide whether or not we are going to purchase it and continue discussion on the design of Gregg Street. Once the property is developed the cost is going to go much higher. He asked the Barber Group to table the issue temporarily in order for this Committee to look at the cost of purchasing the property for the street design. They did this. If we continue to make progress toward a decision on this, they will leave it on the table. If not, because of their financial investment, they will have to continue with development plans for the property. The big issue with the Gregg Street project is right-of-way acquisition cost and the more we wait and let things like this develop, the more the cost will go up. This property was purchased this time for $300,000. Going back through the County records shows that the last time it sold was for $90,000. When you put an apartment complex on it, the price will be even higher. He wanted to make the Committee aware of the situation and if the Committee meets again quickly before things go through, he thinks the group will wait until the Committee can discuss it and decide whether it should go on to the Council. Alderman Reynolds said the City is going to have to think about what we are going to spend for each project to get the most for the money we have. The Gregg Ave. project will cost something like $12 million. How many cars will you move through there for that kind of money? How many intersections can you widen or put turn lanes in for that amount of money? 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org City Council Street Committee Minutes August 4, 2005 Page 11 of 11 Alderman Marr asked if the Committee wants to just let the development get built on the property. Alderman Reynolds said he thinks we have to sit down and look at the whole picture but we're not ready to do that yet. He said he thinks Alderman Marr did the right thing by getting it put on hold, but he feels the Water/Sewer issue needs to get worked through first. Alderman Jordan suggested that we put the item up as a matter of discussion at the next Street Committee meeting. Alderman Marr said he would bring forward for discussion the resolution he will take to the Council to purchase the property. Alderman Ferrell said he doesn't see purchasing the property as a losing situation. If we acquire the property, it gets the developers off high center and the value of the property won't go down. The next Street Committee meeting was scheduled for Thursday, September 8 at 5:00 p.m. 113 West Mountain 72701 (479) 521-7700 (479) 575-8257 (Fax) accessfayetteville.org