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 c...
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