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McKinney Community Development Corporation

Regular Meeting

McKinney, TX · July 27, 2017

AgendaMinutes

Minutes

CITY OF McKINNEY, TEXAS Minutes - Final Thursday, July 27, 2017 8:00 AM John and Judy Gay Library 6861 Eldorado Parkway McKinney, Texas 75070 McKinney Community Development Corporation McKinney Community Development Minutes - Final July 27, 2017 Corporation PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.002, A QUORUM OF THE CITY COUNCIL MAY BE PRESENT. NO CITY COUNCIL ACTION WILL BE TAKEN. CALL TO ORDER REPORTS June Financial Report President’s Report Board and Liaison Updates Board Chairman City of McKinney Parks and Recreation Main Street/MPAC McKinney Convention and Visitors Bureau McKinney Economic Development Corporation REGULAR AGENDA Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Volunteer McKinney (P&C #17-08), in the Amount of $5,000 for the Marketing, Promotion and Advertising of the 2017 Santa on the Square Event A motion was made by Doak, seconded by Myers,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by North Collin County Habitat for Humanity (P&C #17-09), in the Amount of $4,000 for the Marketing, Promotion and Advertising of the 2017 Monster Mash Birthday Bash Event A motion was made , seconded by Glew,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by McKinney Rotary Club Foundation (P&C #17-10), in the Amount of $5,000 for the Marketing, Promotion and Advertising of the 2017 Rotary Parade of Lights Event A motion was made by Myers, seconded by Gamble,that this Agenda Item be Approved . The motion carried by the following vote. CITY OF McKINNEY, TEXAS Page 1 McKinney Community Development Minutes - Final July 27, 2017 Corporation Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by the Heritage Guild of Collin County (P&C #17-11), in the Amount of $10,000 for the Marketing, Promotion and Advertising of the 2017 Fall Season of the McKinney Farmer’s Market, 2017 Legends of McKinney Ghost Walk and 2017 Holiday Tour of Homes Events A motion was made by Doak, seconded by Brewer,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Arts and Music Guild (P&C #17-12), in the Amount of $7,000 for the Marketing, Promotion and Advertising of the 2017 McKinney Art Studio Tour Event A motion was made by Myers, seconded by Myers,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Collin County Master Gardeners Association (P&C #17-13), in the Amount of $10,000 for the Marketing, Promotion and Advertising of the 2018 Garden Show A motion was made by Myers, seconded by Glew,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by McKinney Main Street (P&C #17-14), in the Amount of $15,000 for the Marketing, Promotion and Advertising of the 2017 Oktoberfest Event A motion was made by Doak, seconded by Gamble,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Mission Regan (P&C #17-15), in the Amount of $5,000 for the Marketing, Promotion and Advertising of the 2017 Golf Tournament A motion was made by Myers, seconded by Brewer,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Embrace Texas (P&C #17-16), in the Amount of $2,500 for the Marketing, Promotion and Advertising of the 2017 Child to Family Event A motion was made by Glew, seconded by Gamble,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on the Promotional and Community Event Grant CITY OF McKINNEY, TEXAS Page 2 McKinney Community Development Minutes - Final July 27, 2017 Corporation Application Submitted by Crape Myrtle Trails of McKinney (P&C #17-17), in the Amount of $7,780 for the Marketing, Promotion and Advertising of the 2017 Crape Myrtle Run the Trails Event A motion was made by Doak, seconded by Glew,that this Agenda Item be Approved . The motion carried by the following vote. Consider/Discuss/Act on Project #17-04, Submitted by the City of McKinney for an MCDC Loan to Aimbridge Hospitality in the Amount of Five Million Dollars ($5,000,000) and an MCDC Grant to Aimbridge Hospitality in the Amount of Three Million Dollars ($3,000,000) for Partial Funding for the Construction of a Resort Hotel; Estimated Project Construction Cost is $98,500,000; the Amount Requested Represents 8.12% of the Total Estimated Construction Cost A motion was made by Glew, seconded by Gamble,that this Agenda Item be Tabled to Another Meeting . The motion carried by the following vote. Consider/Discuss/Act on a Request for Funding Project #17-05, Submitted by the City of McKinney Parks and Recreation Department in the Amount of Five Million, Five Hundred Thousand Dollars ($5,500,000) for Park Land Acquisition, Parks Accessibility Improvements and for Design and Construction of Various Parks, Facilities and Trail Projects A motion was made by Doak, seconded by Glew,that this Agenda Item be Approved . The motion carried by the following vote. Conduct a Public Hearing and Consider/Discuss/Act on Project #17-06, Submitted by North Collin County Habitat for Humanity, in the Amount of Three Hundred Thirty One Thousand Seventy-Two Dollars ($331,072) for Land Acquisition and Lot Preparation for Construction of Low Income Housing ($160,850); Exterior Home Repairs for 15 Low Income Homes ($112,500); and Material Costs for Construction of a MISD/North Texas Job Corp Project Home ($57,722); Amount Requested Represents 36% of Total Project Cost A motion was made by Gamble, seconded by Brewer,that this Agenda Item be Approved Closing Public Hearing . The motion carried by the following vote. Conduct a Public Hearing and Consider/Discuss/Act on Project #17-07, Submitted by McKinney Housing Authority, in the Amount of Five Hundred Thousand Dollars ($500,000) for Rehabilitation and Reconstruction and Expansion of Merritt McGowan Manor, a Sixty-Two Year Old, Low-Income, Multi-family Project Located on 10.205 Acres in McKinney; Majority of Project Costs Will be Funded Through a Tax Credit Award and Equity Loan; Amount Requested Represents 50% of Estimated Gap in Funding Needed for the Project A motion was made by Doak, seconded by Gamble,that this Agenda Item be CITY OF McKINNEY, TEXAS Page 3 McKinney Community Development Minutes - Final July 27, 2017 Corporation Approved Closing Public Hearing . The motion carried by the following vote. Conduct a Public Hearing and Consider/Discuss/Act on Project #17-08, Submitted by Heritage Guild of Collin County, in the Amount of Sixty Five Thousand Dollars ($65,000) for Repairs to the Taylor Inn and the Campus-wide Irrigation System at Chestnut Square; Amount Requested Represents 100% of Estimated Project Cost A motion was made by Myers, seconded by Gamble,that this Agenda Item be Approved . The motion carried by the following vote. Conduct a Public Hearing and Consider/Discuss/Act on Project #17-09, Submitted by D&L Feeds, Inc. (DL Farm and Home), in the Amount of One Hundred Forty Thousand One Hundred Seventy-Seven Dollars ($140,177) for Infrastructure Improvements that Include Water, Storm Drainage, Sewer, Traffic Control at 1502 N. Church Street, the Location of an Expanded D&L Feed Store and Warehouse Location; Amount Requested Represents 50% of Estimated Project Cost A motion was made by Gamble, seconded by Brewer,that this Agenda Item be Approved Closing Public Hearing . The motion carried by the following vote. CITIZEN COMMENTS BOARD OR COMMISSIONER COMMENTS Board or Commission Comments relating to items of public interest: Announcements regarding local or regional civic and charitable events, staff recognition, commendation of citizens, upcoming meetings, informational update on projects, awards, acknowledgement of meeting attendees, birthdays, requests for items to be placed on upcoming agendas, and condolences. EXECUTIVE SESSION In Accordance with the Texas Government Code: A. Section 551.087. Deliberation Regarding Economic Development Matters • Project #17-04 • Project #17-05 • Project #17-06 • Project #17-07 • Project #17-08 • Project #17-09 • Apex Centre • Project A71 – Gateway ACTION ON EXECUTIVE SESSION CITY OF McKINNEY, TEXAS Page 4 McKinney Community Development Minutes - Final July 27, 2017 Corporation ADJOURN A motion was made by Doak, seconded by Myers,that this be Approved . The motion carried by the following vote. Posted in accordance with the Texas Government Code, Chapter 551, on the 21st day of July, 2017 at or before 5:00 p.m. ___________________________ CINDY SCHNEIBLE President In accordance with the Americans with Disabilities Act, it is the policy of the City of McKinney to offer its public programs, services, and meetings in a manner that is readily accessible to everyone, including individuals with disabilities. If you are a person with a disability and require information or materials in an appropriate alternative format; or if you require any other accommodation, please contact the ADA Coordinator at least 48 hours in advance of the event. Phone 972-547-2694 or email contact-adacompliance@mckinneytexas.org. Advance notification within this guideline will enable the City to make reasonable arrangements to ensure accessibility. ADA grievances may also be directed to the ADA Coordinator or filed online at http://www.mckinneytexas.org/ada. CITY OF McKINNEY, TEXAS Page 5

Agenda

McKinney Community Development Corporation Agenda Thursday, July 27, 2017 8:00 AM John and Judy Gay Library 6861 Eldorado Parkway McKinney, Texas 75070 PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.002, A QUORUM OF THE CITY COUNCIL MAY BE PRESENT. NO CITY COUNCIL ACTION WILL BE TAKEN. CALL TO ORDER REPORTS 17-745 June Financial Report Attachments: Transmittal Letter June Financials June Checks 17-746 President’s Report Attachments: Prospective Projects Grants Awarded Promotional and Community Grant Apps 17-747 Board and Liaison Updates Board Chairman City of McKinney Parks and Recreation Main Street/MPAC McKinney Convention and Visitors Bureau McKinney Economic Development Corporation Attachments: MCVB Report REGULAR AGENDA 17-752 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Volunteer McKinney McKinney Community Development Corporation Page 1 Printed on 7/21/2017 McKinney Community Development Agenda July 27, 2017 Corporation (P&C #17-08), in the Amount of $5,000 for the Marketing, Promotion and Advertising of the 2017 Santa on the Square Event Attachments: Application 17-753 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by North Collin County Habitat for Humanity (P&C #17-09), in the Amount of $4,000 for the Marketing, Promotion and Advertising of the 2017 Monster Mash Birthday Bash Event Attachments: Application 17-754 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by McKinney Rotary Club Foundation (P&C #17-10), in the Amount of $5,000 for the Marketing, Promotion and Advertising of the 2017 Rotary Parade of Lights Event Attachments: Application 17-755 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by the Heritage Guild of Collin County (P&C #17-11), in the Amount of $10,000 for the Marketing, Promotion and Advertising of the 2017 Fall Season of the McKinney Farmer’s Market, 2017 Legends of McKinney Ghost Walk and 2017 Holiday Tour of Homes Events Attachments: Application 17-756 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Arts and Music Guild (P&C #17-12), in the Amount of $7,000 for the Marketing, Promotion and Advertising of the 2017 McKinney Art Studio Tour Event Attachments: Application 17-757 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Collin County Master Gardeners Association (P&C #17-13), in the Amount of $10,000 for the Marketing, Promotion and Advertising of the McKinney Community Development Corporation Page 2 Printed on 7/21/2017 McKinney Community Development Agenda July 27, 2017 Corporation 2018 Garden Show Attachments: Application 17-758 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by McKinney Main Street (P&C #17-14), in the Amount of $15,000 for the Marketing, Promotion and Advertising of the 2017 Oktoberfest Event Attachments: Application 17-759 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Mission Regan (P&C #17-15), in the Amount of $5,000 for the Marketing, Promotion and Advertising of the 2017 Golf Tournament Attachments: Application 17-760 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Embrace Texas (P&C #17-16), in the Amount of $2,500 for the Marketing, Promotion and Advertising of the 2017 Child to Family Event Attachments: Application 17-761 Consider/Discuss/Act on the Promotional and Community Event Grant Application Submitted by Crape Myrtle Trails of McKinney (P&C #17-17), in the Amount of $7,780 for the Marketing, Promotion and Advertising of the 2017 Crape Myrtle Run the Trails Event Attachments: Application 17-542 Consider/Discuss/Act on Project #17-04, Submitted by the City of McKinney for an MCDC Loan to Aimbridge Hospitality in the Amount of Five Million Dollars ($5,000,000) and an MCDC Grant to Aimbridge Hospitality in the Amount of Three Million Dollars ($3,000,000) for Partial Funding for the Construction of a Resort Hotel; Estimated Project Construction Cost is $98,500,000; the Amount Requested Represents 8.12% of the Total Estimated Construction Cost (ITEM TO BE TABLED TO AUGUST MEETING) McKinney Community Development Corporation Page 3 Printed on 7/21/2017 McKinney Community Development Agenda July 27, 2017 Corporation 17-748 Consider/Discuss/Act on a Request for Funding Project #17-05, Submitted by the City of McKinney Parks and Recreation Department in the Amount of Five Million, Five Hundred Thousand Dollars ($5,500,000) for Park Land Acquisition, Parks Accessibility Improvements and for Design and Construction of Various Parks, Facilities and Trail Projects Attachments: Application Presentation 17-749 Conduct a Public Hearing and Consider/Discuss/Act on Project #17-06, Submitted by North Collin County Habitat for Humanity, in the Amount of Three Hundred Thirty One Thousand Seventy-Two Dollars ($331,072) for Land Acquisition and Lot Preparation for Construction of Low Income Housing ($160,850); Exterior Home Repairs for 15 Low Income Homes ($112,500); and Material Costs for Construction of a MISD/North Texas Job Corp Project Home ($57,722); Amount Requested Represents 36% of Total Project Cost Attachments: Application Presentation 17-750 Conduct a Public Hearing and Consider/Discuss/Act on Project #17-07, Submitted by McKinney Housing Authority, in the Amount of Five Hundred Thousand Dollars ($500,000) for Rehabilitation and Reconstruction and Expansion of Merritt McGowan Manor, a Sixty-Two Year Old, Low-Income, Multi-family Project Located on 10.205 Acres in McKinney; Majority of Project Costs Will be Funded Through a Tax Credit Award and Equity Loan; Amount Requested Represents 50% of Estimated Gap in Funding Needed for the Project Attachments: Application Presentation 17-751 Conduct a Public Hearing and Consider/Discuss/Act on Project #17-08, Submitted by Heritage Guild of Collin County, in the Amount of Sixty Five Thousand Dollars McKinney Community Development Corporation Page 4 Printed on 7/21/2017 McKinney Community Development Agenda July 27, 2017 Corporation ($65,000) for Repairs to the Taylor Inn and the Campus-wide Irrigation System at Chestnut Square; Amount Requested Represents 100% of Estimated Project Cost Attachments: Application Presentation 17-764 Conduct a Public Hearing and Consider/Discuss/Act on Project #17-09, Submitted by D&L Feeds, Inc. (DL Farm and Home), in the Amount of One Hundred Forty Thousand One Hundred Seventy-Seven Dollars ($140,177) for Infrastructure Improvements that Include Water, Storm Drainage, Sewer, Traffic Control at 1502 N. Church Street, the Location of an Expanded D&L Feed Store and Warehouse Location; Amount Requested Represents 50% of Estimated Project Cost Attachments: Application CITIZEN COMMENTS BOARD OR COMMISSIONER COMMENTS Board or Commission Comments relating to items of public interest: Announcements regarding local or regional civic and charitable events, staff recognition, commendation of citizens, upcoming meetings, informational update on projects, awards, acknowledgement of meeting attendees, birthdays, requests for items to be placed on upcoming agendas, and condolences. EXECUTIVE SESSION In Accordance with the Texas Government Code: A. Section 551.087. Deliberation Regarding Economic Development Matters • Project #17-04 • Project #17-05 • Project #17-06 • Project #17-07 • Project #17-08 • Project #17-09 • Apex Centre • Project A71 – Gateway ACTION ON EXECUTIVE SESSION McKinney Community Development Corporation Page 5 Printed on 7/21/2017 McKinney Community Development Agenda July 27, 2017 Corporation ADJOURN Posted in accordance with the Texas Government Code, Chapter 551, on the 21st day of July, 2017 at or before 5:00 p.m. ___________________________ CINDY SCHNEIBLE President In accordance with the Americans with Disabilities Act, it is the policy of the City of McKinney to offer its public programs, services, and meetings in a manner that is readily accessible to everyone, including individuals with disabilities. If you are a person with a disability and require information or materials in an appropriate alternative format; or if you require any other accommodation, please contact the ADA Coordinator at least 48 hours in advance of the event. Phone 972-547-2694 or email contact-adacompliance@mckinneytexas.org. Advance notification within this guideline will enable the City to make reasonable arrangements to ensure accessibility. ADA grievances may also be directed to the ADA Coordinator or filed online at http://www.mckinneytexas.org/ada. McKinney Community Development Corporation Page 6 Printed on 7/21/2017

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