Title
Consider/Discuss/Act on Retail Development infrastructure Grant Application (RI 21-03) Submitted by CPJK, LLC (dba Gather) in the Amount of Nine Thousand and No/100 Dollars ($9,000.00) for Infrastructure Work Needed for the Replacement of a Grease Trap Including Excavation, Installation of New Piping, Rerouting of a Vent, Installation of a New Outlet with Two-way Clean-outs, and Water Testing on Piping and Interceptor at the Property Located at 207 East Virginia Street, McKinney.
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: September 23, 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 CPJK, LLC (dba Gather) for exterior infrastructure improvements at Gather, 207 East Virginia, McKinney
• The scope of work to replace the grease trap includes excavation, installation of new piping, rerouting of a vent, installation of a new outlet, and water testing on piping and interceptor.
BACKGROUND INFORMATION:
• Gather is a small venue in Historic Downtown McKinney. Established in 2011. The venue hosts weddings, receptions, parties and business gatherings.
• In May 2021, the venue’s grease trap started overflowing. Last inspection had been conducted in April 2021.
• To be fully functioning and able to host events with food/beverage, the property requires a new grease trap.
FINANCIAL SUMMARY:
• Funds allocated for FY21 Retail Development Infrastructure Grants is $120,000. Remaining budget balance is $70,000.
• 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