Meeting
September 8 2026 - City Council Meeting
Body
City of Conway, Arkansas
Date
September 07, 2026
Jurisdiction
State & Local
The City Council of Conway, Arkansas, held a meeting on September 8, 2026, which included a detailed presentation on the 2026 actuarial valuation results for the city's non-uniform employees pension plan. The actuaries reported a positive financial outlook, noting a decrease in the unfunded actuarial liability to $29.3 million and an improved funded ratio of 43.4%, with projections indicating the unfunded liability could be paid off in about 25 years under current contribution policies. The council also approved several procurement-related items, including awarding a construction contract to Stephen Haye Construction for $2,589,771.50 for the Don Owens bathroom and concession stand project, with $2 million already appropriated and an additional appropriation approved. Emergency funding of $21,790.89 was approved for HVAC replacement at the district court building. Additionally, the council accepted reimbursement funds for the police department and grant proceeds for the fire department's bomb squad. Motions to amend ordinances and emergency clauses were passed unanimously, reflecting active fiscal and procurement management during the meeting.
Source
City of Conway, Arkansas