Title
Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by Hester Eats, LLC (dba Hamm’s Meat Market) (RI 24-10) in an Amount up to Fifty Thousand and NO/100 Dollars ($50,000.00) for the Installation of a Fire Suppression System and Site Work at 307 W. Louisiana Street, McKinney, Texas.
Summary
COUNCIL GOAL: 1: Direction for Strategic and Economic Growth
1C: Continue to develop a retail strategy for key areas of the community to diversify revenue sources and expand entertainment, dining and shopping options and tourism.
MEETING DATE: September 26, 2024
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
• McKinney Community Development Corporation will conduct a public hearing on a project grant application submitted by Hester Eats, LLC for $50,000 to install a fire suppression system at Hamm’s Meat Market in Downtown McKinney.
• The improvements are necessary to keep the building up to date with code requirements.
BACKGROUND INFORMATION:
• Hamm’s Meat Market is a family-owned and locally-sourced butcher shop, market, and lunch destination.
• Hamm’s has been a staple in food service in McKinney since 1954.
• Known for their spiral hams, the market has expanded their offerings to include a lunch menu and small dining room.
• Future plans include patio seating and full scale lunch operations.
FINANCIAL SUMMARY:
• Funds allocated for MCDC Retail Development Infrastructure Grants total $300,000 for FY24.
• Maximum for any single award is $50,000.
• This is the first time Hester Eats, LLC has requested funding from MCDC.
• The request is eligible for MCDC consideration under Section 501.103 of the Texas Local Government Code.
SUPPORTING MATERIALS:
• Application Packet
• Presentation