Meeting Name: McKinney Community Development Corporation Agenda status: Final
Meeting date/time: 8/24/2017 8:00 AM Minutes status: Final  
Meeting location: John and Judy Gay Library 6861 Eldorado Parkway McKinney, Texas 75070
Published agenda: Agenda Agenda Published minutes: Minutes Minutes Meeting Extra1: Not available  
Meeting video:  
Attachments: 082417 MCDC Meeting Agenda Packet
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
17-840 1 062917MinutesMinutes of the McKinney Community Development Corporation Meeting of June 29, 2017Approved and Referred  Action details Video Video
17-841 1 072717 MCDC MinutesMinutesMinutes of the McKinney Community Development Corporation Meeting of July 27, 2017Approved and Referred  Action details Not available
17-842 1 063017 Grant Comm MinutesMinutesMinutes of the McKinney Community Development Corporation Promotional and Event Grant Committee Meeting of June 30, 2017Approved and Referred  Action details Not available
17-843 1 July Financial ReportAgenda ItemJuly Financial Report   Action details Video Video
17-844 1 Board and Liaison UpdatesAgenda ItemBoard and Liaison Updates Board Chairman City of McKinney Parks and Recreation McKinney Economic Development Corporation Main Street/MPAC McKinney Convention and Visitors Bureau   Action details Video Video
17-845 1 President’s ReportAgenda ItemPresident’s Report   Action details Video Video
17-542 2 Project #17-04Agenda ItemConsider/Discuss/Act on Project #17-04, Submitted by the City of McKinney for an MCDC Loan to Aimbridge Hospitality in the Amount of Five Million Dollars ($5,000,000) and an MCDC Grant to Aimbridge Hospitality in the Amount of Three Million Dollars ($3,000,000) for Partial Funding for the Construction of a Resort Hotel; Estimated Project Construction Cost is $98,500,000; the Amount Requested Represents 8.12% of the Total Estimated Construction CostTabled to Another MeetingPass Action details Video Video
17-846 1 Project #17-06Agenda ItemConsider/Discuss/Act on Project #17-06, Submitted by North Collin County Habitat for Humanity, in the Amount of Three Hundred Thirty One Thousand Seventy-Two Dollars ($331,072) for Land Acquisition and Lot Preparation for Construction of Low Income Housing ($160,850); Exterior Home Repairs for 15 Low Income Homes ($112,500); and Material Costs for Construction of a MISD/North Texas Job Corp Project Home ($57,722); Amount Requested Represents 36% of Total Project CostApprovedPass Action details Video Video
17-847 1 Project #17-07Agenda ItemConsider/Discuss/Act on Project #17-07, Submitted by McKinney Housing Authority, in the Amount of Five Hundred Thousand Dollars ($500,000) for Rehabilitation and Reconstruction and Expansion of Merritt McGowan Manor, a Sixty-Two Year Old, Low-Income, Multi-family Project Located on 10.205 Acres in McKinney; Majority of Project Costs Will be Funded Through a Tax Credit Award and Equity Loan; Amount Requested Represents 50% of Estimated Gap in Funding Needed for the ProjectApprovedPass Action details Video Video
17-848 1 Project #17-08Agenda ItemConsider/Discuss/Act on Project #17-08, Submitted by Heritage Guild of Collin County, in the Amount of Sixty Five Thousand Dollars ($65,000) for Repairs to the Taylor Inn and the Campus-wide Irrigation System at Chestnut Square; Amount Requested Represents 100% of Estimated Project CostApprovedPass Action details Video Video
17-849 1 Project #17-09Agenda ItemConsider/Discuss/Act on Project #17-09, Submitted by D&L Feeds, Inc. (DL Farm and Home), in the Amount of One Hundred Forty Thousand One Hundred Seventy-Seven Dollars ($140,177) for Infrastructure Improvements that Include Water, Storm Drainage, Sewer, Traffic Control at 1502 N. Church Street, the Location of an Expanded D&L Feed Store and Warehouse Location; Amount Requested Represents 50% of Estimated Project CostApproved DenialPass Action details Video Video
17-850 1 Project Grant #17-10Agenda ItemConduct a Public Hearing and Consider/Discuss/Act on Project Grant #17-10, Submitted by the City of McKinney/McKinney Air Center in the Amount of Four Million Dollars ($4,000,000) for Construction of a New Fixed Base Operator Terminal, Expanded Parking, Upgraded U.S. Customs Facility, 40,000 Square Foot Common Hangar. Amount Requested Represents 25% of Total Estimated Project Cost.Approved Closing Public HearingPass Action details Video Video
17-851 1 FY18 BudgetAgenda ItemConsider/Discuss/Act on Final FY18 Budget for Submission to City Council for ApprovalApprovedPass Action details Video Video