Title
Conduct a Public Hearing and Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by James West, Architect (RI21-02) in an Amount of Up to Nine Thousand Seventy-Seven and 80/100 Dollars ($9,077.80) for Reimbursement of Expenses Related Storm Drainage Improvements Including Asphalt, Concrete and Gutter Replacement to the Alleyway Located Behind the East Side of Tennessee and the West Side of the Dowell Building at 2018 East Louisiana and the Dowell Tin Shop at 208 Johnson Street, Between Louisiana and Cloyd Streets, McKinney, Texas.
Summary
COUNCIL GOAL: 1: Direction for Strategic and Economic Growth
(1B): Continue to develop a retail development strategy for key areas of the community to further diversify revenue sources and expand entertainment, dining and shopping options and tourism.
5: Enhance Quality of Life in McKinney
(5D): Promote reinvestment activities in McKinney’s historic downtown that balance preservation of historic character and current market needs.
MEETING DATE: February 25, 2021
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
• McKinney Community Development Corporation will conduct a public hearing on a retail development infrastructure grant application submitted by James West, Architect and CAE Properties for exterior infrastructure improvements to the alley behind the east side of Tennessee Street serving retail businesses between Louisiana Street and Cloyd Street; and the west side of 208 East Louisiana and 208 Johnson Streets.
• The request is for improvements to the storm drainage system to facilitate reliable deliveries to established retail buildings.
BACKGROUND INFORMATION:
• The area outlined currently is served by an antiquated storm drainage system.
• As a result, damage to neighboring historic structures has resulted.
• Proposal is to pave the rear service alley with hot mx asphalt on recontoured existing crushed stone base and to redirect storm drains.
• The proposed improvements would arrest further storm damage, improve drainage and improve the ability to make retail deliveries in the Historic Downtown Square.
FINANCIAL SUMMARY:
• Funds allocated for FY21 Retail Development Infrastructure Grants is $120,000.
• This is a matching grant program, with maximum grant funding limited to $25,000 per grant.
• The request is eligible for MCDC consideration under Section 501.103 of the Texas Local Government Code.
SUPPORTING MATERIALS:
Application Packet