McKinney Community Development Corporation

McKinney Community Development Corporation Agenda Thursday, February 22, 2024 8:00 AM Council Chambers 222 N. Tennessee Street McKinney, TX 75069 PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.002, A QUORUM OF THE CITY COUNCIL MAY BE PRESENT. NO CITY COUNCIL ACTION WILL BE TAKEN. WATCH THE BROADCAST LIVE This meeting will be broadcast live on cable television and through the City's website. Members of the public who wish to watch this meeting may watch the live broadcast on: Spectrum Channel 16; AT&T U-Verse Channel 99; and online at http://mckinney.legistar.com. CALL TO ORDER INVOCATION PLEDGE OF ALLEGIANCE PUBLIC COMMENTS ON AGENDA ITEMS (For Non-Public Hearing Items) If you wish to address the Board on a posted item on this agenda, please fill out a "Request to Speak" card and present it to the Clerk before the meeting. Pursuant to Section 551.007 of the Texas Government Code, any person wishing to address the Board for items listed as public hearings will be recognized when the public hearing is opened. Speakers wishing to address the Board regarding any non-public hearing item on this agenda shall have a time limit of three (3) minutes per speaker, per agenda item. The Board Chair may reduce the speaker time limit uniformly to accommodate the number of speakers or improve meeting efficiency. CONSENT ITEMS This portion of the agenda consists of non-controversial or housekeeping items required by law. Items may be considered individually by the Board or Commission member making such request prior to a motion and vote on the Consent Items. McKinney Community Development Corporation Page 1 Printed on 2/16/2024 McKinney Community Development Agenda February 22, 2024 Corporation 24-1243 Minutes of the McKinney Community Development Corporation Meeting of January 25, 2024. Attachments: Minutes 24-1244 Minutes of the McKinney Community Development Corporation Promotional and Community Events Grant Subcommittee Meeting of January 22, 2024. Attachments: Minutes 24-1245 Minutes of the McKinney Community Development Corporation Potential Projects Subcommittee Meeting of January 22, 2024. Attachments: Minutes REPORTS 24-1246 Financial Report Attachments: January Financial Statement January Transmittal Letter January Checks Issued 24-1247 Board and Liaison Reports Board Chair City of McKinney Visit McKinney McKinney Economic Development Corporation McKinney Main Street/MPAC McKinney Parks and Recreation Attachments: Visit McKinney Report MEDC Report 24-1248 President’s Report McKinney Community Development Corporation Page 2 Printed on 2/16/2024 McKinney Community Development Agenda February 22, 2024 Corporation Attachments: Grants Awarded FY 24 TUPPS Update (January) Final Report -- 4B 23-02 Flour Mill Sign.pdf Final Report -- PC 23-18 Rotary Parade of Lights Progress Update -- Flour Mill Garden Cafe January '24 Marketing Report REGULAR AGENDA ITEMS 24-1249 Consider/Discuss/Act on a Project Grant Application Submitted by ManeGait Therapeutic Horsemanship (4B 24-01) in the Amount of Five Hundred Thousand and NO/100 Dollars ($500,000.00) for Funding Site Work and Construction of a Community Event Plaza and Walking Trail. Amount Requested Represents 5% of Total Project Cost. Attachments: Application Packet Presentation 24-1250 Conduct a Public Hearing and Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by Waterboy RE, LLC (RI 24-01) in the Amount of Twenty-Four Thousand Three Hundred Sixty-Four and 20/100 Dollars ($24,364.20) for the Installation of a Fire Alarm System at Harvest at the Masonic Located at 215 N. Kentucky, McKinney. Attachments: Application Packet 24-1251 Conduct a Public Hearing and Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by Cleo Meredith (RI 24-02) in an Amount up to Fifty Thousand and NO/100 Dollars ($50,000.00) for the Installation of a Fire Alarm System at the Hope Hardware Building Located at E. Louisiana Street, McKinney, Texas. Attachments: Application Packet Presentation 24-1252 Conduct a Public Hearing and Consider/Discuss/Act on a McKinney Community Development Corporation Page 3 Printed on 2/16/2024 McKinney Community Development Agenda February 22, 2024 Corporation Retail Development Infrastructure Grant Application Submitted by Sugar Rush Holdings, LLC (dba Cami Cakes) (RI 24-03) in an Amount of Thirty-Three Thousand One Hundred Twenty-Seven and 25/100 Dollars ($33,127.25) for Exterior Electrical Work and the Installation of a Grease Trap at the Site of a New Bakery Located at 2950 Craig Drive, Suite 302, McKinney, Texas. Attachments: Application Packet Presentation 24-1253 Conduct a Public Hearing and Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by Haddington Fund, LP (RI 24-04) in an Amount of Sixteen Thousand Eight Hundred Eighty-Six and 25/100 Dollars ($16,886.25) for Construction of a Retaining Wall, Walkway, Stairs and Brick Paver Reset at The Flour Mill Located at 407 E. Louisiana Street, McKinney, Texas. Attachments: Application Packet Presentation 24-1254 Conduct a Public Hearing and Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by Kelly’s Art Shack (RI 24-05) in an Amount of Up to Fifty Thousand and NO/100 Dollars ($50,000.00) for Exterior Site Expansion and Improvements Including Installation of Gutters and Downspouts, Gates, and Masonry Fencing at the Property Located at 312 E. Cloyd Street, McKinney, Texas. Attachments: Application Packet Presentation 24-1255 Conduct a Public Hearing and Consider/Discuss/Act on a Retail Development Infrastructure Grant Application (RI 24-06) Submitted by The Cotton Mill in the Amount of Thirty-Nine Thousand NO/100 Dollars ($39,000.00) for Construction of a Sidewalk and Walkway to Provide Access to an Existing Crushed Gravel Parking Lot at The Cotton Mill McKinney Community Development Corporation Page 4 Printed on 2/16/2024 McKinney Community Development Agenda February 22, 2024 Corporation on the Property Located at 610 Elm Street, McKinney, Texas. Attachments: Application Packet Presentation 24-1256 Conduct a Public Hearing and Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by Venezia Sapori (RI 24-07) in an Amount of Up to Fifty Thousand and NO/100 Dollars ($50,000.00) for Exterior Site Work to Include Parking Lot Repairs, Sidewalk Repairs, Replacement of Retaining Wall, and Replacement of Landscaping at the New Restaurant Site Located at 1820 Eldorado Parkway in McKinney, Texas. Attachments: Application Packet Presentation 24-1257 Conduct a Public Hearing and Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by ACM Virginia Holdings LLC (RI 24-08) in an Amount of Forty Thousand Two Hundred Fifty and NO/100 Dollars ($40,250.00) to Install a New Sewer Connection, Replace the Parking Lot, and Replace the Main Electrical Panel at the Antique Company Mall Located at 213 E. Virginia Street in McKinney, Texas. Attachments: Application Packet Presentation PUBLIC COMMENTS Regarding Matters not on the Agenda BOARD COMMENTS EXECUTIVE SESSION McKinney Community Development Corporation Page 5 Printed on 2/16/2024 McKinney Community Development Agenda February 22, 2024 Corporation In accordance with the Texas Government Code: Section 551.087. Deliberation Regarding Economic Development Matters Project 4B 24-01 ManeGait Beacon Project RI 24-01 Wells Group RI 24-02 Meredith RI 24-03 Sugar Rush RI 24-04 Haddington Fund RI 24-05 Kelly's Art Shack RI 24-06 Cotton Mill RI 24-07 Venezia Sapori RI 24-08 ACM Virginia Holdings Project 20-09 TUPPS Brewery & Entertainment Destination Project 17-04 Craig Ranch Resort Hotel Project Vibes Project Hemispheres ACTION ON EXECUTIVE SESSION ADJOURN Posted in accordance with the Texas Government Code, Chapter 551, at least seventy-two (72) hours prior the start of the meeting, on or before the 16th day of January, 2024, 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. 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 2/16/2024