Loading...
HomeMy WebLinkAbout76-16 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 76-16 File Number: 2016-0149 WALTON FAMILY FOUNDATION AGREEMENT CATO SPRINGS TRAIL: A RESOLUTION TO EXPRESS THE CITY COUNCIL'S THANKS AND GRATITUDE TO THE WALTON ,FAMILY FOUNDATION FOR ITS GENEROUS $2,000,000.00 MATCHING GRANT FOR THE CONSTRUCTION OF THE CATO SPRINGS TRAIL FROM THE TOWN BRANCH TRAIL TO THE REGIONAL PARK, TO APPROVE THE GRANT AGREEMENT AND TO APPROVE A BUDGET ADJUSTMENT TO RECOGNIZE THIS $2,000,000.00 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 as offered a 50150 grant in the amount of $2,000,000.00 for the construction of the Cato Springs Trail which will connect the City's existing trail system to the new Regional Park and Mount Kessler. 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 than and expresses its gratitude to the Walton Family Foundation for its generous 2,000,000.00 matching grant for the construction of the Cato Springs Trail from the Town Branch Trail to the Regional Park, 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 approves the budget adjustment attached to this Resolution. Page 1 Printed on 416116 File Number: 2016-0149 Resolution: 76-16 PASSED and APPROVED on 4/5/2016 Attest: Page 2 Sondra E. Smith, City Cleric Treasureru.rE.rss =': FAYETfEVILLE: =z; ,. s v .� Printed on 416116 City of Fayetteville, Arkansas 113 West Mountain Street j Fayetteville, AR 72701 (479) 575-8323 Text File File Number: 2016-0149 Agenda Date: 4/5/2016 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: C. 2 WALTON FAMILY FOUNDATION AGREEMENT - CATO SPRINGS TRAIL: A RESOLUTION TO EXPRESS THE CITY COUNCIL'S THANKS AND GRATITUDE TO THE WALTON FAMILY FOUNDATION FOR ITS GENEROUS $2,000,000.00 MATCHING GRANT FOR THE CONSTRUCTION OF THE CATO SPRINGS TRAIL FROM THE TOWN BRANCH TRAIL TO THE REGIONAL PARK, TO APPROVE THE GRANT AGREEMENT AND TO APPROVE A BUDGET ADJUSTMENT TO RECOGNIZE THIS $2,000,000.00 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 $2,000,000.00 for the construction of the Cato Springs Trail which will connect the City's existing trail system to the new Regional Park and Mount Kessler. 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 $2,000,000.00 matching grant for the construction of the Cato Springs Trail from the Town Branch Trail to the Regional Park, 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 approves the budget adjustment attached to this Resolution. City of Fayetteville, Arkansas Page 1 Printed on 41612016 City of Fayetteville Staff Review Form 2015-0149 Legistar File ID 4/5/2016 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item Matt Mihalevich 3/17/2016 Engineering / Development Services Department Submitted By Submitted Date Division / Department Action Recommendation: Staff recommends approval of grant agreement #2015-1250 with the Walton Family Foundation in the amount of $2,000,000 and approval of a budget adjustment to recognize this revenue. The grant funds will be used for the construction of the Cato Springs Trail from the Town Branch Trail to the Regional Park. Budget Impact: 4470.9470.5814.05 Sales Tax Capital Improvements Account Number Fund Trail Development 02016.1405 Cato Springs Trail Project Number Project Title Budgeted Item? Yes Current Budget $ 3,694,698.00 Funds Obligated $ 900,844.97 Current Balance $ 2,793,853,03 Does item have a cost? No Item Cost Budget Adjustment Attached? Yes Budget Adjustment $ 2,000,000.00 Remaining Budget 4,1. �; u:3.03 V20140610 Previous Ordinance or Resolution # Original Contract Number: Approval Date: Comments: CITY OF 'ttv!1e ARKANSAS MEETING OF APRIL 5TH, 2016 TO: Mayor and City Council CITY COUNCIL AGENDA MEMO THRU: Don Marr, Chief of Staff Terry Gulley, Transportation Services Director Chris Brown, City Engineer FROM: Matt Mihalevich, Trails Coordinator DATE: March 18th, 2016 SUBJECT: 2016-0149 Walton Family Foundation Agreement - Cato Springs Trail RECOMMENDATION: Staff recommends approval of grant agreement #2015-1250 with the Walton Family Foundation in the amount of $2,000,000 and approval of a budget adjustment to recognize this revenue. The grant funds will be used for the construction of the Cato Springs Trail from the Town Branch Trail to the Regional Park. BACKGROUND: The proposed Cato Springs Trail will extend approximately 2.7 miles south from the Town Branch Trail starting Greathouse Park and continuing southwest along the Cato Springs Branch to the Fayetteville Regional Park and Kessler Mountain. The trail has been designed as a 12 foot wide concrete shared -use paved trail with pedestrian lighting. This trail will also include a bridge across the Cato Springs Branch, a bridge over the Fulbright Expressway and a tunnel under Razorback Road. All aspects of the trail design and construction will meet the standards of the Razorback Regional Greenway. The Fayetteville Regional Park and Kessler Mountain will soon be a major recreational destination. As soon as the property acquisition took place, the community began requesting a safe alternative transportation route to the new park. The Walton Family Foundation also expressed interested in the trail connection. In June of 2014, the City was graciously awarded a matching grant from the Walton Family Foundation for the design and engineering of the Cato Springs Trail. Garver, LLC was selected to perform the design. To date, Garver is finalizing the 90% design drawings and are working to obtain the necessary permits. With design nearing completion, the City applied for an additional grant from the Walton Family Foundation for the construction phase of the Cato Springs Trail. On March 7th, 2016, the City was awarded the matching grant of 2,000,000 and the award letter is attached. The City in- house trail construction crew plans to start work soon on approximately 1.7 miles of the project and the remaining approximately 1 mile of trail including the bridges and tunnel is planned to be constructed by a private contractor. Bids will be solicited and submitted to the City Council for approval in estimated in mid -2016. Mailing Address: 113 W. Mountain Street www.tayetteville-ar.gov Fayetteville, AR 72701 The completion of the Cato Springs Trail will extend the Razorback Regional Greenway to the Fayetteville Regional Park and the Kessler Mountain and provide an active transportation route for all the residents of Northwest Arkansas to visit and enjoy the cultural and recreation amenities and beautiful natural areas in Fayetteville. DISCUSSION: The Walton Family Foundation continues to be very supportive of the City of Fayetteville trail system and they are pleased to work together on this extension of the Razorback Regional Greenway to the new Regional Park and Kessler Mountain. BUDGET/STAFF IMPACT: The Walton Family Foundation Grant is a 50:50 matching grant program. The City portion of the matching funds are available through the Trail Development Capital Improvement Program for 2016 and includes the labor cost for the in-house construction crew. Attachments: Clabber Creek Trail Map Walton Family Foundation Grant #2014-1250 agreement Budget Adjustment 4 Iwea Y k Gseef+ 11 `�+ {55C7raiit Raz°s ° (. u) GJ N H n ,6 Sti3 •y - • o O c i 1 ad} sr YIIl1. rr (.2 1j�ti1 B erl et�ri G)U) U N c — O O N t+J U7 •2 a o [„] N C 00 rF- rn N [!7 0) N O C U C O U 4i a Q c� [J x praao�s3�1 @ a e c9 ' r - °:; .c Craw• �n V IfY Yif;y.l r e— 0 I 1 l{ssan ry/� al ' prka aa 1 is . ri i_ r .. + rkas+a�s] r .•1.11114 • � y 410 Bptg �U11r�,f;1�Si -- _ . •- eqioe .fr m Pgjeoze�{ _ .. r r r a'., N 10 CyJ - C CU O O I lJ. 1. file .r. y rr.roh5ir7�aJ .. 1 U O 1 1 r. yL' 4 1 1 11GUEtly41 � r1■r.. iij1r111f1 -Oo' 1111 1111 r I.1r11t1j ' •1111.111 r �4F OL *4111 a f+ly r +• �Y i——-—_f-4. ..--————--:,. -11leLh �ksilssh 5+d� � .1 1 I ° , des I , 1 111.1 1 I � � rlrJ 1 qr�l r donj IJed es ` � `? IeUeJlfia� e I O I W O - - - •- r. r. , r T QJ YI ' w �7ki?is I 1 1 1 1 1 1 1. I I\ M "� I "1+t.4. "44 • i 1 �'y � 1 Is fs'3�� o O C) O r) C) C) C) N C) O O O O U) O DocuSign Envelope ID: 133F7DD7-085A-4F74-A484-BA91C949C0FD fhr \A/A LTC) N FA M I LY '_ E) Ii N I) A I 1 () March 7, 2016 Mayor Lioneld Jordan City of Fayetteville 113 W. Mountain Street Fayetteville, AR 72701 RE: Grant #2015-1250 Dear Mayor Jordan, P.O. Box 20.0 l erifonvilie, AR 72712-2030 4.79.464.1 770.0 phone 1 479.464.1580 tax www.waliorl<orl-iilyfouridctiori.org It is my pleasure to inform you that The Walton Family Foundation, Inc. ("Foundation") has approved a 17 -month grant of up to $2,000,000.00 to the City of Fayetteville ("Grantee"). The project term will be March 1, 2016 to July 1, 2017. This grant is subject to the following terms and conditions: 1. Purpose: The purpose of the grant is to be used for the construction of the "Cato Springs Trail" in the southwest part of Fayetteville. The proposed Cato Springs Trail will extend approximately 2.4 miles south from the Town Branch Trail to the Fayetteville Regional Park and Kessler Mountain. This trail has been designed as a 12 -foot -wide concrete multi -use trail with pedestrian lighting. This grant is more fully described in Grantee's proposal dated September 23, 2015. Grantee agrees to use all grant funds exclusively for the grant's purposes. Any changes in these purposes must be authorized in advance by the Foundation in writing. 2. Amount: Up To Two Million Dollars ($2,000,000.00). Grant payments will be made as follows: 'Installment] Amount #1 ] Up to $1,000,000.00 #2 Up to $1000000.00 Date 12/1/2016 1/15/2017 3. Payable: The Foundation will make payments and match revenue collected by Grantee according to the conditions outlined below: Installment One (December 1, 2016): up to $1,000,000 shall be payable upon receipt of a copy of this letter acknowledging the terms and conditions set forth herein, evidence that all rights-of- way/easements have been secured, proof that a construction contract with a qualified and experienced contractor has been executed, a letter of commitment from the City stating they will maintain this section of the trail and proof that 100% of matching funds has been allocated for this project. Upon completion of the terms WFF will fund up to 50% of the project costs. DocuSign Envelope ID: 133F7DD7-085A-4F74-A484-BA91C949C0FD Installment Two (January 15, 2017): up to $1,000,000 shall be payable upon receipt of documentation showing that 50% of the project is complete and upon inspection and approval, WFF will fund the remaining costs of construction not to exceed the remaining grant amount. At each payment request, the City will submit a financial and narrative report outlining work completed and expenses paid to date related to the construction of the identified sections of trail. All terms must be met by no later than July 1, 2017 to be eligible for payment. 4. Accounting: (a) The Foundation encourages, whenever feasible, the deposit of grant funds in an interest -bearing account. For purposes of this letter, the term "grant funds" includes the grant and any income earned thereon. (b) Grantee will maintain records of receipts and expenditures made in connection with the grant funds and will keep these records during the period covered by the Grantee's reporting obligations specified in paragraph 5 and for at least four years thereafter ("Maintenance Period"). Grantee will make its books and records in connection with the grant funds available for inspection by the Foundation during normal business hours as the Foundation may request at any time during the Maintenance Period. 5. Reporting and Evaluation: Grantee will provide the Foundation with financial and narrative reports by the due dates listed in the report schedule below. Each report shall include an account of expenditures of grant funds, and a brief narrative of what was accomplished (including a description of progress made in fulfilling the purposes of the grant and a confirmation of Grantee's compliance with the terms of the grant). Report Date 12/15/2016 7/1/2017 Report Type Interim Financial and Narrative Final Financial and Narrative Success will be measured against the outputs and outcomes described in Appendix A. All reports will be sent electronically to HomeRegion@wffmail.com. Please reference Grant #2015- 1250 on all reports submitted. In addition to matching requirements, Grantee payments are always contingent upon the Foundation's approval of Grantee's operations based on the above reports and the Foundation's satisfaction with such information as it chooses to obtain from other sources. 6. Representations: Grantee represents and warrants to the Foundation that: (a) Grantee is an organization in good standing, is either an organization described in section 501(c) (3) of the Internal Revenue Code ("Code") or a governmental unit, and is not a "private foundation" described in section 509(a) of the Code. Grantee will promptly notify the Foundation of any change in Grantee's tax status under the Code. (b) In no event will Grantee use any grant funds: (i) to carry on propaganda, or otherwise to attempt, to influence legislation; 2 DocuSign Envelope ID: 133F7DD7-085A-4F74-A484-BA91C949C0FD (ii) to influence the outcome of any specific public election or to carry on, directly or indirectly, any voter registration drive; or (iii) to undertake any activity other than for a charitable, educational or other exempt purpose specified in section 170(c)(2)(B) of the Code. (c) Grantee will comply with all applicable laws and regulations. 7. Repayment: Grantee agrees to repay to the Foundation any portion of the grant funds not used for the grant's purposes. In addition, the Foundation may discontinue any further payments to Grantee, and may direct Grantee to repay any unexpended grant funds to the Foundation, if any of the following events occurs: (a) Grantee ceases to maintain its tax-exempt status as described in paragraph 6(a) above; (b) Grantee fails to comply with the terms of this letter; or (c) There is a material change in Grantee's key personnel that in the sole opinion of the Foundation adversely affects Grantee's management of the grant. 8. Release and Indemnity: Unless prohibited by law, Grantee shall release, indemnify, defend and hold harmless the Foundation and its directors, officers, employees and agents from and against any and all claims, actions, suits, demands, damages, losses, expenses and liabilities, arising out of or related in any way to the actions or omissions of Grantee (or its directors, officers, employees, agents or contractors) in connection with the Grant and the project funded by the Grant, except to the extent caused by the Foundation's (or its directors', officers', employees' or agents') negligent actions or omissions. Grantee further agrees to carry insurance in such forms and amounts as are commercially reasonable and appropriate to cover Grantee's operations and to enable Grantee to indemnify and defend the Foundation as provided hereunder. 9. Grant Publicity: Grant publicity related to this grant consistent with Grantee's normal practice is permitted, subject to the following provisions. The Foundation expects any announcements and other publicity to focus on Grantee's work and the project or issue funded by the grant. Recognition of the Foundation's role in funding the project is permitted, provided that the timing, content and strategic focus of such publicity should be approved by the Foundation contact listed in paragraph 11. Publicizing the grant and the Foundation in Grantee's publications and communications in a manner consistent with similar grants obtained by Grantee is permitted. The Foundation may ask Grantee to provide illustrations, photographs, videos, recordings, information or other materials related to the grant (collectively "Grant Work Product") for use in Foundation communications including the Foundation's website, annual report, newsletters, board materials, presentations, communications and other publications. Grantee agrees to provide the Foundation with such items upon the Foundation's reasonable request and hereby grants to the Foundation and anyone acting under the authority of the Foundation a fully paid -up, world-wide, right and license to use, reproduce, display and distribute the Grant Work Product in connection with the Foundation's charitable operations and activities. In connection therewith, Grantee shall be responsible for obtaining all necessary rights and permissions from third parties for the Foundation to use the Grant Work Product for these purposes. By signing this Agreement, Grantee also acknowledges and agrees to use by the Foundation of historical, programmatic and other information relating to Grantee and the grant hereunder. 3 DocuSign Envelope ID: 133F7DD7-085A-4F74-A484-BA91C949C0FD 10. Gratuities: The Foundation desires that all of Grantee's resources be dedicated to accomplishing its philanthropic purposes. Therefore, Grantee agrees that it will not furnish the Foundation or its Board of Directors, officers, staff or affiliates with any type of benefit related to this grant including tickets, tables, memberships, commemorative items, recognition items, or any other benefit or gratuity of any kind. 11. Contact: For all communications regarding this grant, please contact the Foundation by email at HomeRegion@wffmail.com. Please reference Grant #2015-1250 in your communication. By electronically signing this letter the Grantee acknowledges and agrees to the terms and conditions herein. A copy of the completed document will be emailed to the Grantee through DocuSign. If the electronic signing of this letter is not completed by March 14, 2016 the Foundation will consider the Grantee to have declined the grant. On behalf of the Foundation, I extend every good wish for the success of your organization's endeavors. Sincerely, E DocuSigned by: 5B5647728CAF4FE... Buddy D. Philpot Executive Director 4 DocuSign Envelope ID: 133F7DD7-085A-4F74-A484-BA91C949C0FD Appendix A: City of Fayetteville Cato Springs Trail Measured or Who will do what and how much? By when? evaluated by? Outputs The City of Fayetteville will acquire all rights -of -way or Signed easement easements and permits needed to complete the Cato Springs 12/31/2016 documents and Trail. approved permits The City of Fayetteville will construct approximately 8,976 linear feet, or 1.7 miles of 12 -foot -wide concrete shared use paved trail, meeting the uniform design and construction standards per design guidelines outlined in the "Trails Design Resource Notebook" developed by ALTA Planning and utilized for the Razorback Regional Greenway, as evidenced by inspection of Walton Family Foundation consultant. The City of Fayetteville will oversee the completion of a minimum of 5,280 linear feet, or 1 mile of trail, including a bridge over the Fulbright Expressway, a tunnel under Razorback Road and a bridge over the Cato Springs Branch (work to be completed by a qualified and experienced contractor). Trail and all built structures will meet the uniform design and construction standards per design guidelines outlined in the "Trails Design Resource Notebook" developed by ALTA Planning and utilized for the Razorback Regional Greenway, as evidenced by inspection of Walton Family Foundation consultant. OutComf'S The completed trail will be measured by 06/01/2017 the length of shared use paved trail installed. The completed trail will be measured by 06/01/2017 the length of shared use paved trail installed. The City of Fayetteville will commit to manage and maintain this A signed letter by section of the Cato Springs Trail to the same standards as the 03/31/2016 the Mayor. Razorback Regional Greenway. The City of Fayetteville will commit match funding in the amount I 3/31/2016 A signed letter by of up to $2 million for this project. the Mayor. DocuSign Envelope ID: 133F7DD7-085A-4F74-A484-BA91C949COFD Authorization for Direct Deposit via ACH (ACH Credits) City of Fayetteville 113 W. Mountain Street Fayetteville, AR 72701 I hereby authorize The Walton Family Foundation ("WFF") to electronically credit grant payments to the following account and if necessary, to electronically debit the account to correct erroneous credits. The account is located at the depository financial institution named below: Financial Institution Name 5 a G'ee r pcwrnenfi l nor Jl On Account Number Name on Account Routing Numbe WFF will provide transaction notification electronically at the email address provided below. Contact name email address I understand that this authorization will remain in full force and effect until either party cancels this authorization. I/we will notify WFF in writing by mail to P.O. Box 2030, Bentonville, AR 72712-2030 if I/we wish to revoke this authorization. I/We understand that WFF requires at least 1 week prior notice in order to cancel this authorization. Nam Sign itle: Mayor Date G� it le ARKANSAS PAYMENT INFORMATION: To insure payments are applied promptly and accurately: ACH/Wire Information: Routing number: 082900872 Bank Account number: 4841984406 Bank Name: Arvest Bank Bank Address: 75 North East Avenue, Fayetteville, AR 72701 Beneficiary Account: CITY OF FAYETTEVILLE Prior to ALL Wire/ACH's, an email or fax must be sent to Email: sturberville(a),fayetteville-ar.gov and/or kcavette(a,fayetteville-ar.gov Fax number: 479-575-8273 Contact number: 479-575-8281 DocuSign Envelope ID: D3F29CA4-C968-4D6F-B76D-7E51ED55D39C I !, c. \VA\LI ON FAMILY I O 1: N II :\ I I O N April 8, 2016 Mayor Lioneld Jordan City of Fayetteville 113 W. Mountain Street Fayetteville, AR 72701 RE: Grant #2015-1250 Dear Mayor Jordan, l3,_:x 21_C)(I I Bentc.,riviIle-, AR 72112-20 iC) 479 4f,4 1 510 ph - ri? 1 479,464.1 581) fax www.waItonfamiIyfcOundation.or(I It is my pleasure to inform you that The Walton Family Foundation, Inc. ("Foundation") has approved a 17 -month grant of up to $2,000,000.00 to the City of Fayetteville ("Grantee"). The project term will be March 1, 2016 to July 1, 2017. This grant is subject to the following terms and conditions: 1. Purpose: The purpose of the grant is to be used for the construction of the "Cato Springs Trail" in the southwest part of Fayetteville. The proposed Cato Springs Trail will extend approximately 2.4 miles south from the Town Branch Trail to the Fayetteville Regional Park and Kessler Mountain. This trail has been designed as a 12 -foot -wide concrete multi -use trail with pedestrian lighting. This grant is more fully described in Grantee's proposal dated September 23, 2015. Grantee agrees to use all grant funds exclusively for the grant's purposes. Any changes in these purposes must be authorized in advance by the Foundation in writing. 2. Amount: Up To Two Million Dollars ($2,000,000.00). Grant payments will be made as follows: Installment ` Amount Date #1 U to $1,000,000.00 12/1/2016 #2 U to $1,000,000.00 1/15/2017 3. Payable: The Foundation will make payments and match revenue collected by Grantee according to the conditions outlined below: Installment One (December 1, 2016): up to $1,000,000 shall be initiated upon receipt of this completed letter and payment authorization form from Grantee acknowledging the terms and conditions set forth herein, evidence that all rights-of-way/easements have been secured, proof that a construction contract with a qualified and experienced contractor has been executed, a letter of commitment from the City stating they will maintain this section of the trail and proof that 100% of matching funds has been allocated for this project. Upon completion of the terms WFF will fund up to 50% of the project costs. DocuSign Envelope ID: D3F29CA4-C968-4D6F-B76D-7E51ED55D39C Installment Two (January 15, 2017): up to $1,000,000 shall be payable upon receipt of documentation showing that 50% of the project is complete and upon inspection and approval, WFF will fund the remaining costs of construction not to exceed the remaining grant amount. At each payment request, the City will submit a financial and narrative report outlining work completed and expenses paid to date related to the construction of the identified sections of trail. All terms must be met by no later than July 1, 2017 to be eligible for payment. 4. Accounting: (a) The Foundation encourages, whenever feasible, the deposit of grant funds in an interest -bearing account. For purposes of this letter, the term "grant funds" includes the grant and any income earned thereon. (b) Grantee will maintain records of receipts and expenditures made in connection with the grant funds and will keep these records during the period covered by the Grantee's reporting obligations specified in paragraph 5 and for at least four years thereafter ("Maintenance Period"). Grantee will make its books and records in connection with the grant funds available for inspection by the Foundation during normal business hours as the Foundation may request at any time during the Maintenance Period. 5. Reporting and Evaluation: Grantee will provide the Foundation with financial and narrative reports by the due dates listed in the report schedule below. Each report shall include an account of expenditures of grant funds, and a brief narrative of what was accomplished (including a description of progress made in fulfilling the purposes of the grant and a confirmation of Grantee's compliance with the terms of the grant). Report Date Report Type 12/15/2016 I Interim Financial and Narrative 7/1/2017 Final Financial and Narrative Success will be measured against the outputs and outcomes described in Appendix A. All reports will be sent electronically to HomeRegion@wffmail.com. Please reference Grant #2015- 1250 on all reports submitted. In addition to matching requirements, Grantee payments are always contingent upon the Foundation's approval of Grantee's operations based on the above reports and the Foundation's satisfaction with such information as it chooses to obtain from other sources. 6. Representations: Grantee represents and warrants to the Foundation that: (a) Grantee is an organization in good standing, is either an organization described in section 501(c) (3) of the Internal Revenue Code ("Code") or a governmental unit, and is not a "private foundation" described in section 509(a) of the Code. Grantee will promptly notify the Foundation of any change in Grantee's tax status under the Code. (b) In no event will Grantee use any grant funds: (i) to carry on propaganda, or otherwise to attempt, to influence legislation; 2 DocuSign Envelope ID: D3F29CA4-C968-4D6F-B76D-7E51 ED55D39C (ii) to influence the outcome of any specific public election or to carry on, directly or indirectly, any voter registration drive; or (iii) to undertake any activity other than for a charitable, educational or other exempt purpose specified in section 170(c)(2)(B) of the Code. (c) Grantee will comply with all applicable laws and regulations. 7. Repayment: Grantee agrees to repay to the Foundation any portion of the grant funds not used for the grant's purposes. In addition, the Foundation may discontinue any further payments to Grantee, and may direct Grantee to repay any unexpended grant funds to the Foundation, if any of the following events occurs: (a) Grantee ceases to maintain its tax-exempt status as described in paragraph 6(a) above; (b) Grantee fails to comply with the terms of this letter; or (c) There is a material change in Grantee's key personnel that in the sole opinion of the Foundation adversely affects Grantee's management of the grant. 8. Release and Indemnity: Unless prohibited by law, Grantee shall release, indemnify, defend and hold harmless the Foundation and its directors, officers, employees and agents from and against any and all claims, actions, suits, demands, damages, losses, expenses and liabilities, arising out of or related in any way to the actions or omissions of Grantee (or its directors, officers, employees, agents or contractors) in connection with the Grant and the project funded by the Grant, except to the extent caused by the Foundation's (or its directors', officers', employees' or agents') negligent actions or omissions. Grantee further agrees to carry insurance in such forms and amounts as are commercially reasonable and appropriate to cover Grantee's operations and to enable Grantee to indemnify and defend the Foundation as provided hereunder. 9. Grant Publicity: Grant publicity related to this grant consistent with Grantee's normal practice is permitted, subject to the following provisions. The Foundation expects any announcements and other publicity to focus on Grantee's work and the project or issue funded by the grant. Recognition of the Foundation's role in funding the project is permitted, provided that the timing, content and strategic focus of such publicity should be approved by the Foundation contact listed in paragraph 11. Publicizing the grant and the Foundation in Grantee's publications and communications in a manner consistent with similar grants obtained by Grantee is permitted. The Foundation may ask Grantee to provide illustrations, photographs, videos, recordings, information or other materials related to the grant (collectively "Grant Work Product") for use in Foundation communications including the Foundation's website, annual report, newsletters, board materials, presentations, communications and other publications. Grantee agrees to provide the Foundation with such items upon the Foundation's reasonable request and hereby grants to the Foundation and anyone acting under the authority of the Foundation a fully paid -up, world-wide, right and license to use, reproduce, display and distribute the Grant Work Product in connection with the Foundation's charitable operations and activities. In connection therewith, Grantee shall be responsible for obtaining all necessary rights and permissions from third parties for the Foundation to use the Grant Work Product for these purposes. By signing this Agreement, Grantee also acknowledges and agrees to use by the Foundation of historical, programmatic and other information relating to Grantee and the grant hereunder. 3 DocuSign Envelope ID: D3F29CA4-C968-4D6F-B76D-7E51 ED55D39C 10. Gratuities: The Foundation desires that all of Grantee's resources be dedicated to accomplishing its philanthropic purposes. Therefore, Grantee agrees that it will not furnish the Foundation or its Board of Directors, officers, staff or affiliates with any type of benefit related to this grant including tickets, tables, memberships, commemorative items, recognition items, or any other benefit or gratuity of any kind. 11. Contact: For all communications regarding this grant, please contact the Foundation by email at HomeRegion@wffmail.com. Please reference Grant #2015-1250 in your communication. We have enclosed the grant letter and a payment authorization form. By electronically signing these items the Grantee acknowledges and agrees to the terms and conditions herein. A copy of the completed documents will be emailed to the Grantee through DocuSign. If the electronic signing of this letter is not completed by April 18, 2016 the Foundation will consider the Grantee to have declined the grant. On behalf of the Foundation, I extend every good wish for the success of your organization's endeavors. Sincerely, DocuSigned by: SB564772BCAF4FE... Buddy D. Philpot Executive Director ACKNOWLEDGED AND AGREED Dace Signed by' .. �1ou�bi^ Ubka jbr'I. ,t, 4/11/2016 I 2:36:27 PM CT By: E2e3{i;i91₹Pfr43 Lioneld Jordan (Date) City of Fayetteville 4 DocuSign Envelope ID: D3F29CA4-C968-4D6F-B76D-7E51ED55D39C Appendix A: City of Fayetteville Cato Springs Trail Who will do what and how much? By when? Measured or evaluated by? Outputs The City of Fayetteville will acquire all rights -of -way or Signed easement easements and permits needed to complete the Cato Springs 12/31/2016 documents and Trail. approved permits The City of Fayetteville will construct approximately 8,976 linear feet, or 1.7 miles of 12 -foot -wide concrete shared use paved trail, The completed trail meeting the uniform design and construction standards per will be measured by design guidelines outlined in the "Trails Design Resource 06/01/2017 the length of shared Notebook" developed by ALTA Planning and utilized for the use paved trail Razorback Regional Greenway, as evidenced by inspection of installed. Walton Family Foundation consultant. The City of Fayetteville will oversee the completion of a minimum of 5,280 linear feet, or 1 mile of trail, including a bridge over the Fulbright Expressway, a tunnel under Razorback Road and a The completed trail bridge over the Cato Springs Branch (work to be completed by a will be measured by qualified and experienced contractor). Trail and all built 06/01/2017 the length of shared structures will meet the uniform design and construction "Trails use paved trail standards per design guidelines outlined in the Design installed. Resource Notebook" developed by ALTA Planning and utilized for the Razorback Regional Greenway, as evidenced by inspection of Walton Family Foundation consultant. Outcomes The City of Fayetteville will commit to manage and maintain this A signed letter by section of the Cato Springs Trail to the same standards as the 03/31/2016 the Mayor. Razorback Regional Greenway. The City of Fayetteville will commit match funding in the amount 3/31/2016 A signed letter by of up to $2 million for this project. the Mayor. DocuSign Envelope ID: D3F29CA4-C968-4D6F-B76D-7E51ED55D39C Authorization for Direct Deposit via ACH (ACH Credits) City of Fayetteville 113 W. Mountain Street Fayetteville, AR 72701 I hereby authorize The Walton Family Foundation ("WFF") to electronically credit grant payments to the following account and if necessary, to electronically debit the account to correct erroneous credits. The account is located at the depository financial institution named below: Arvest Bank Financial Institution Name 4841984406 Account Number Routing Number 082900872 City of Fayetteville General Fund Name on Account WFF will provide transaction notification electronically at the email address provided below. Contact name Shelly Turbervi l l e sturberville@fayetteville-ar.gov email address I understand that this authorization will remain in full force and effect until either party cancels this authorization. I/we will notify WFF in writing by mail to P.O. Box 2030, Bentonville, AR 72712-2030 if I/we wish to revoke this authorization. I/We understand that WFF requires at least 1 week prior notice in order to cancel this authorization. Name: Lioneld Jordan Title: Mayor t]ncu5lgnad by: bV' ('A0W JOr 4/11/2016 1 2:36:27 PM CT Signature _�,�� Date City of Fayetteville, Arkansas - Budget Adjustment Form (Legistar) Budget Year Division: Transportation Services Adjustment Number 201 6 Dept.: Transportation Services Requestor: John Nelson BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: The Walton Family Foundation approved the City's application for a grant (2015-1250) in the amount of $2,000,000 for the construction of the Cato Springs Trail from the Town Branch Trail to the Regional Park. This grant requires a 50:50 match and the City's portion has been budgeted in the Trail Development capital project. RESOLUTION/ORDINANCE COUNCIL DATE: LEGISTAR FILE ID#: 4/5/2016 2016-0149 'B cv-v 4''Gv 72U' 3/18/2016 2:01 PM Budget Director TYPE: DESCRIPTION: GLDATE: POSTED: Date TOTAL 2,000,000 2,000,000 v.20160302 Increase / (Decrease) Project.Sub# Account Number Expense Revenue Project Sub AT Account Name 4470.9470.5814.05 2,000,000 - 02016 1405 EX Trails 4470.0947.4305.00 - 2,000,000 02016 1405 RE Commercial Grants C:\Users\Ismith\AppData\Roaming\L5\Temp\04468734-a070-406c-84ee-97995c6I a27a I of 1