HomeMy WebLinkAbout17153 1 RESOLUTION NO. 17,153
2
3 A RESOLUTION TO SET OCTOBER 20, 2026, AS THE DATE FOR A
4 PUBLIC HEARING TO CONSIDER THE ISSUANCE OF A WATER
5 RECLAMATION SYSTEM REVENUE BOND FOR THE PURPOSE OF
6 FINANCING BETTERMENTS AND IMPROVEMENTS TO THE CITY'S
7 WATER RECLAMATION SYSTEM; AND FOR OTHER PURPOSES.
8
9 WHEREAS,the City of Little Rock,Arkansas owns a water reclamation system(the"System"),which
10 is operated by the Little Rock Water Reclamation Authority, for and on behalf of the Little Rock Water
11 Reclamation Commission(the "Commission");and
12 WHEREAS, the Commission has determined that the acquisition, construction and equipping of
13 betterments and improvements to the System are necessary(See Exhibit A).
14 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
15 OF LITTLE ROCK,ARKANSAS:
16 Section 1. A public hearing to consider the issuance of a Water Reclamation System Revenue Bond,
17 Series 2026B(the "Series 2026B Bond")in the maximum principal amount of$4,096,464.50 shall be held
18 by the Board of Directors on Tuesday,October 20,2026,at 6:00 p.m.,or as soon thereafter as the matter
19 comes on the call of the agenda. The hearing shall be held in the Board Chambers on the 2nd floor of City
20 Hall,located at 500 West Markham Street,Little Rock,Arkansas. All interested persons shall have an
21 opportunity to be heard concerning the proposed issuance of the Series 2026B Bond.
22 Section 2. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
23 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
24 adjudication shall not affect the remaining portions of this resolution which shall remain in full force and
25 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally part of this
26 resolution.
27 Section 3. Repealer. All laws, ordinances, resolutions, or parts of the same which are inconsistent
28 with the provisions of this resolution are hereby repealed to the extent of such inconsistency.
29 ADOPTED: September 15,2026
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1 ATTEST: APPROVED:
2
3 A9AVI-
4 Allison Segars,Ci Cle T F nk Scott,Jr.,Mayor
5 APPROVED AS TO LEGAL FORM:
6
7 M . 64 et.,
8 Thomas M. Carpenter,City Atto
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EXHIBIT A
1 The purpose of the project is to expand Little Rock Water Reclamation Authority's
2 (LRWRA)wastewater infrastructure within the Port of Little Rock and to provide additional
3 treatment capacity for our existing Fourche Creek Water Reclamation Facility (FCWRF) for
4 the next 3-5 years while continuing to meet the required regulatory permit limits. This will
5 create industrial growth opportunities, jobs, and tax revenues within and surrounding the
6 Port of Little Rock and Central Arkansas. This project consists of 3 construction projects;the
7 Thibault Pump Station and Force Main project, 440/Springer Diversion Structure project,
8 and the Little Rock Port Pump Station Improvements project.
9 The Thibault Pump Station and Force Main project consists of a new pump station
10 and force main to support industrial growth opportunities in the Port of Little Rock.The new
11 pump station will include a wet well with two (2) submersible pumps with the readiness to
12 be expanded to four (4) pumps, a valve vault for associated appurtenances, meter vault,
13 interceptor manhole, access drive, secured fencing, and electrical capacity to support the
14 station.The force main will connect to LRWRA's existing sewer main.
15 Additionally, this project will include a new diversion structure to allow for flow
16 diversion from one reclamation facility to another. The 440/Springer Diversion Structure
17 project is anticipated to include a flow meter,valve,and electrical appurtenances.
18 Also, this project will include upgrades to the existing port pump station. The Little
19 Rock Port Pump Station was constructed in 1970, has two (2) pumps,and serves numerous
20 commercial and industrial customers in the Little Rock Port. The electrical controls are
21 outdated and unreliable, the pumps are nearing the end of their useful life, and the building
22 and roof are deteriorating and in need of repair.The pump station and components upgrade
23 will return reliability to this area of Little Rock. Improvements to the pump station may also
24 include the replacement of vertical line shaft pumps with dry pit submersible pumps
25 including valves and appurtenances,waste stream monitoring improvements,electrical and
26 controls improvements,building modifications including a new roof,and site improvements.
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