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HomeMy WebLinkAbout190-15 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 190-15 File Number: 2015-0476 WALTON FAMILY FOUNDATION: A RESOLUTION TO EXPRESS THE CITY COUNCIL'S THANKS AND GRATITUDE TO THE WALTON FAMILY FOUNDATION FOR ITS GENEROUS $390,000.00 MATCHING GRANT FOR THE CONSTRUCTION OF THE CLABBER CREEK TRAIL, TO APPROVE THE GRANT AGREEMENT AND TO APPROVE A BUDGET ADJUSTMENT TO RECOGNIZE THIS $390,000.00 GRANT WHEREAS, the Walton Family Foundation has proven to be a strong supporter of Fayetteville's trail systems including the Mount Kessler acquisition; and WHEREAS, the Walton Family Foundation has offered a 50/50 grant in the amount of $390,000.00 for the construction of the Clabber Creek Trail which will connect the existing trail on Rupple Road to Holcomb Elementary School; and WHEREAS, this portion of the Clabber Creek Trail will include a 600 foot long boardwalk to cross over designated wetland areas between Rupple Road and Salem Road and a trail bridge along Salem Road for which the City has been awarded an $81,248.00 grant by the Safe Routes To Schools Program. 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 thanks and expresses its gratitude to the Walton Family Foundation for its generous $390,000.00 matching grant for the construction of the Clabber Creek Trail, approves the attached Grant Agreement, authorizes Mayor Jordan to sign this Grant Agreement and agrees to match the grant using the Trail Development Capital Improvement Program. Section 2. That the City Council of the City of Fayetteville, Arkansas hereby thanks the Safe Routes to Schools Programs for its $81,248.00 grant and approves the attached budget adjustment. Page 1 Printed on 10123115 PASSED and APPROVED on 10/20/2015 Attest: _.J Resolution Number: 190-15 Sondra E. Smith, City Clerk Treasurer NXIIII I I r I itIII I'�,. °G\1 Y .�� CD. FAYETTEVILLE • -� :SZ' v �' • off SP . � ,�, fi TO Page 2 Printed on 10/23/15 City of Fayetteville, Arkansas 113 West Mountain Street Fayetteville, AR 72701 AL (479) 575-8323 t Text File File Number: 2015-0476 Agenda Date: 10/20/2015 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: C. 2 WALTON FAMILY FOUNDATION: A RESOLUTION TO EXPRESS THE CITY COUNCIL'S THANKS AND GRATITUDE TO THE WALTON FAMILY FOUNDATION FOR ITS GENEROUS $390,000.00 MATCHING GRANT FOR THE CONSTRUCTION OF THE CLABBER CREEK TRAIL, TO APPROVE THE GRANT AGREEMENT AND TO APPROVE A BUDGET ADJUSTMENT TO, RECOGNIZE THIS $390,000.00 GRANT WHEREAS, the Walton Family Foundation has proven to be a strong supporter of Fayetteville's trail systems including the Mount Kessler acquisition; and WHEREAS, the Walton Family Foundation has offered a 50150 grant in the amount of $390,000.00 for the construction of the Clabber Creek Trail which will connect the existing trail on Rupple Road to Holcomb Elementary School; and WHEREAS, this portion of the Clabber Creek Trail will include a 600 foot long boardwalk to cross over designated wetland areas between Rupple Road and Salem Road and a trail bridge along Salem Road for which the City has been awarded an $81,248.00 grant by the Safe Routes To Schools Program. 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 thanks and expresses its gratitude to the Walton Family Foundation for its generous $390,000.00 matching grant for the construction of the Clabber Creek Trail, approves the attached Grant Agreement, authorizes Mayor Jordan to sign this Grant Agreement and agrees to match the grant using the Trail Development Capital Improvement Program. Section 2. That the City Council of the City of Fayetteville, Arkansas hereby thanks the Safe Routes To Schools Programs for its $81,248.00 grant and approves the attached budget adjustment. City of Fayetteville, Arkansas Page 1 Printed on 10/2312015 City of Fayetteville Staff Review Form 2015-0476 Legistar File ID 10/20/2015 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item Matt Mihalevich 9/30/2015 Engineering / Development Services Department Submitted By Submitted Date Division / Department Action Recommendation: Staff recommends approval of grant agreement #2015-225 with the Walton Family Foundation in the amount of $390,000 and approval of a budget adjustment to recognize this revenue. The grant funds will be used for the construction of the Clabber Creek Trail from Rupple Road to Holcomb Elementary School. Budget Impact: 4470.9470.5814.05 Sales Tax Capital Improvements Account Number 02016.1402 Fund Trail Development Clabber Creek Trail (Rupple to Holcomb) Project Number Project Title Budgeted Item? Yes Current Budget $ 390,200.00 Funds Obligated $ 20,265.59 Current Balance �$ 369,934.41 Does item have a cost? No Item Cost $ - Budget Adjustment Attached? Yes Budget Adjustment $ 390,000.00 Remaining Budget $ 759,934.41 V20140610 Previous Ordinance or Resolution # Original Contract Number: Comments: