Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Facilities Agreement between the City of McKinney and the McKinney Independent School District, Regarding the Construction of a Portion of the Required Infrastructure Serving the McKinney I.S.D. Stadium and Community Event Center, Generally Located on the East Side of Hardin Boulevard and on the North and South Sides of Future Collin McKinney Parkway
Summary
COUNCIL GOAL: Direction for Strategic and Economic Growth
MEETING DATE: September 5, 2017
DEPARTMENT: Development Services
CONTACT: Michael Quint, Executive Director of Development Services
Gary Graham, PE, Director of Engineering
Brandon Opiela, Development Manager
RECOMMENDED CITY COUNCIL ACTION:
* Approval of the Resolution
ITEM SUMMARY:
* This item authorizes the City Manager to enter into a Facilities Agreement with the McKinney Independent School District for the construction of a portion of the required infrastructure serving the McKinney I.S.D. Stadium and Community Event Center property (approximately 64.391 acres).
* In conjunction with the City's Hardin Boulevard improvement project, the proposed agreement states that McKinney I.S.D. will reimburse the City in the amount of $239,234.64 for the District's share in costs associated with the turn lanes required for the Stadium and Event Center (more fully depicted in the attached Turn Lane Exhibit and Exhibit B of the proposed agreement).
* Additionally, the McKinney I.S.D. will make a onetime payment in the amount of $696,891 as the District's share of the costs associated with the design and construction of the City's master planned sanitary sewer line extending southward from the development and heading west along State Highway 121 frontage (more fully depicted in the attached Sewer Exhibit and Exhibit C of the proposed agreement).
* The City plans to construct said sanitary sewer improvements in two sections or phases. Phase 1 is proposed to in...
Click here for full text