File #: 22-0688    Name: 4B 22-14 Main Street
Type: Agenda Item Status: Agenda Ready
In control: McKinney Community Development Corporation
On agenda: 7/28/2022 Final action:
Title: Conduct a Public Hearing and Consider/Discuss/Act on Project Grant Application Submitted by McKinney Main Street (#22-14) in the Amount of Thirty-Eight Thousand Two Hundred and No/100 Dollars ($38,200.00) for Downtown Lighting Improvements and Speaker Updates. Amount Requested Represents 89% of Total Project Cost.
Attachments: 1. Application Packet

Title

Conduct a Public Hearing and Consider/Discuss/Act on Project Grant Application Submitted by McKinney Main Street (#22-14) in the Amount of Thirty-Eight Thousand Two Hundred and No/100 Dollars ($38,200.00) for Downtown Lighting Improvements and Speaker Updates. Amount Requested Represents 89% of Total Project Cost.

 

 

Summary

 

COUNCIL GOAL:                     Enhance Quality of Life in McKinney

(5A): Create affordable recreational and cultural arts activities for all ages throughout the city

(5E): Develop sustainable quality of life improvements within the City of McKinney

 

MEETING DATE:                     July 28, 2022

 

 

DEPARTMENT:                      McKinney Community Development Corporation

                     

CONTACT:                       Cindy Schneible, President

                     

 

ITEM SUMMARY: 

•                     McKinney Main Street submitted an application for a grant, in the amount of $38,200, for improvements to the lighting and sound system around the square in the Historic Downtown Cultural District.

 

•                     The project includes plans to permanently up-light the McKinney Performing Arts Center, which will save about $5,000 annually in holiday lighting expenses.

 

•                     This project grant requests five speakers to be added to the wireless speaker network currently in place.

 

 

BACKGROUND INFORMATION: 

•                     The Historic Downtown Cultural District has been the heart of the community since 1848.

 

•                     The District attracts citizens and visitors for shopping, dining and arts through a variety of independently owned shops and restaurants; events like McKinney Oktoberfest, Arts in Bloom and the July 4th Hometown Parade; and through strong support and preservation of the historic features that influence economic vitality.

 

•                     The District is home to more than 120 independently owned businesses; a creative community that helps shape the look and feel of the area; and acclaimed chefs and restaurants that have created a food destination.

 

FINANCIAL SUMMARY: 

•                     Funds allocated for FY22 for discretionary Project Grants is $1,749,025, and $681,520.09 remain.

•                     The request is eligible for MCDC consideration under Section 505.152 of the Texas Local Government Code.

 

SUPPORTING MATERIALS:

•                     Application Packet