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HomeMy WebLinkAbout122-15 RESOLUTIONRESOLUTION NO. 122-15 A RESOLUTION TO AUTHORIZE ACCEPTANCE OF A GENERAL IMPROVEMENT FUND GRANT THROUGH THE NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT, INC. IN THE AMOUNT OF $50,000.00 FOR THE PURCHASE OF SOCCER GOALS FOR THE REGIONAL PARK, AND TO APPROVE A BUDGET ADJUSTMENT 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 authorizes acceptance of a General Improvement Fund grant through the Northwest Arkansas Economic Development District, Inc. in the amount of $50,000.00 for the purchase of soccer goals for the Regional Park and expresses its sincere appreciation to Representative Charlie Collins for his assistance in securing the grant funds. 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. PASSED and APPROVED this 21St day of July, 2015. ATTEST: By: SONDRA E. SMITH, City Clerk Treasurer RK'/ .��. GITY0 •FAME TTEVIL L E 'tet= . Y ''��i �,i,i0 N t i►�`,`��, City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Text File File Number: 2015-0307 Agenda Date: 7/21/2015 Version: 1 Status: Agenda Ready In Control: City Council Meeting File Type: Resolution Agenda Number: A. 7 NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT, INC. GENERAL IMPROVEMENT FUND GRANT A RESOLUTION TO AUTHORIZE ACCEPTANCE OF A GENERAL IMPROVEMENT FUND GRANT THROUGH THE NORTHWEST ARKANSAS ECONOMIC DEVELOPMENT DISTRICT, INC. IN THE AMOUNT OF $50,000.00 FOR THE PURCHASE OF SOCCER GOALS FOR THE REGIONAL PARK, AND TO APPROVE A BUDGET ADJUSTMENT 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 authorizes acceptance of a General Improvement Fund grant through the Northwest Arkansas Economic Development District, Inc. in the amount of $50,000.00 for the purchase of soccer goals for the Regional Park and expresses its sincere appreciation to Representative Charlie Collins for his assistance in securing the grant funds. 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, Arkansas Page 1 Printed on 711712015 City of Fayetteville Staff Review Form 2015-0307 Legistar File ID 7/21/2015 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item Parks & Recreation / Byron Humphry 7/2/2015 Parks & Recreation Department Submitted By Submitted Date Division / Department Action Recommendation: Approval of a resolution to authorize the City to accept $50,000 from the Northwest Arkansas Economic Development District, Inc. General Improvement Fund (GIF) and approval of a budget adjustment to recognize the revenue for soccer goals for the Regional Park. 2250.9255.5210.00 Account Number 02002.1 Project Number Budgeted Item? No Budget Impact: Regional Park Development Fund Regional Park Development Project Title Current Budget Funds Obligated Current Balance Does item have a cost? Yes Item Cost Budget Adjustment Attached? Yes Budget Adjustment Remaining Budget Previous Ordinance or Resolution # Original Contract Number: Comments: $ 179,886.00 $ 179,355.00 — 531.00 $ 50,000.00 $ 50,000.00 $ 531.00 Approval Date: �} V20140710 CITY OF • aeevle ARKANSAS MEETING OF JULY 21, 2015 TO: Mayor and City Council CITY COUNCIL AGENDA MEMO THRU: Don Marr, Chief of Staff Connie Edmonston, Parks and Recreation Director FROM: Byron Humphry, Parks Maintenance Superintendent DATE: July 2, 2015 SUBJECT: Resolution to Accept the Northwest Arkansas Economic Development District, Inc. General Improvement Fund (GIF) Grant for Soccer Goals RECOMMENDATION: Parks and Recreation requests City Council approval of a resolution to authorize the City to accept $50,000 from the Northwest Arkansas Economic Development District, Inc. General Improvement Fund (GIF) Grant and approval of a budget adjustment to recognize the revenue for soccer goals for the Regional Park. BACKGROUND: The City of Fayetteville is currently constructing Phase I of the Regional Park including soccer fields for youth soccer. The City's existing soccer program is programmed on land leased from the University of Arkansas. This lease will expire in 2018 and will not be renewed. State Representative Charlie Collins, District 84, recommended the GIF grant application to the City for a $50,000 project to purchase soccer goals for the Regional Park soccer complex. The soccer goals would be used for league play as well as hosting tournaments that would bring in tourism money, which would assist state wide efforts in economic and community development. DISCUSSION: Phase I of the Regional Park originally included additional amenities including new soccer goals; however the goals and many other items were omitted through the value engineering process after bidding. As this park will draw regional tournaments, it is important to have the best quality facilities and equipment to offer participants. Without this grant, the City will be repurposing outdated existing goals at the new park until new goals can be funded through the Capital Improvement Plan. BUDGET/STAFF IMPACT: This grant award is for $50,000. There is no anticipated budget impact. The grant does not require matching funds. Attachments: NWAEED GIF Grant Agreement Budget Adjustment Mailing Address: 113 W. Mountain Street www.fayetteville-ar.gov Fayetteville, AR 72701