Title
Conduct a Public Hearing and Consider/Discuss/Act on Retail Development Infrastructure Grant Application Submitted by Waterboy RE (RI 23-02) in the Amount of Up to Fifty Thousand and NO/100 Dollars ($50,000.00) for Infrastructure Improvements Including Fire Protection Equipment and Furrdowns at the New Location of Harvest Seasonal Kitchen Located at 215 N. Kentucky, McKinney.
Summary
COUNCIL GOAL: 5: Enhance the Quality of Life in McKinney
5C: Promote reinvestment activities and ordinance changes in Historic Downtown McKinney that balance preservation of historic character and current market needs.
MEETING DATE: February 23, 2023
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 Waterboy RE for the new location of Harvest Seasonal Restaurant.
• Project elements include fire protection and furrdowns.
BACKGROUND INFORMATION:
• Harvest opened in 2014 to serve great food while making a long-term impact on the community by supporting local farmers, ranchers and artisans. The restaurant sources most of its food from a 150-mile radius.
• Harvest is renovating and locating to the old Masonic Temple in McKinney’s Downtown Historic District.
• Design will preserve the façade while restoring design and adding innovations.
FINANCIAL SUMMARY:
• Funds allocated for FY23 Retail Development Infrastructure Grants is $200,000.
• This grant requires a 25% match, and the maximum grant funding limited to $50,000 per grant.
• The request is eligible for MCDC consideration under Section 501.103 of the Texas Local Government Code.
SUPPORTING MATERIALS:
• Application Packet