File #: 23-0683    Name: 4B23-14 Main Street
Type: Agenda Item Status: Agenda Ready
In control: McKinney Community Development Corporation
On agenda: 8/24/2023 Final action: 8/24/2023
Title: Consider/Discuss/Act on a Project Grant Application Submitted by McKinney Main Street (#23-14) in the Amount of One Hundred Three Thousand One Hundred Thirty-Three and 92/100 Dollars ($103,133.92) for the Purchase of a New Non-Electric, 14-Passenger, Climate-Controlled Downtown Trolley for the DASH Program. Amount Requested Represents 50% of Total Project Cost.
Attachments: 1. Application Packet, 2. Presentation

Title

Consider/Discuss/Act on a Project Grant Application Submitted by McKinney Main Street (#23-14) in the Amount of One Hundred Three Thousand One Hundred Thirty-Three and 92/100 Dollars ($103,133.92) for the Purchase of a New Non-Electric, 14-Passenger, Climate-Controlled Downtown Trolley for the DASH Program. Amount Requested Represents 50% of Total Project Cost.

 

 

Summary

 

COUNCIL GOAL:                     5: Enhance Quality of Life in McKinney

5F: Enhance connectivity to parks and civic facilities, schools/education centers, libraries, health care providers, commercial centers, etc.

 

MEETING DATE:                     August 24, 2023

 

 

DEPARTMENT:                      McKinney Community Development Corporation

                     

CONTACT:                       Cindy Schneible, President

                     

 

ITEM SUMMARY: 

•                     McKinney Main Street applied for a grant, in the amount of $103,133.92to purchase a new non-electric, 14-passenger, climate-controlled Downtown trolley for the DASH Program.

 

•                     The trolley will allow for increased accessibility and provide safe and reliable visitor transport throughout Downtown and businesses East of Highway 5.

 

 

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 MCDC discretionary Project Grants for FY23 total $2,177,223.00, and $74,885.50 in discretionary funds remain.

 

•                     Additional funds are available via budget transfer.

 

•                     The request is eligible for MCDC consideration under Section 505.152 of the Texas Local Government Code.

 

SUPPORTING MATERIALS:

•                     Application Packet

•                     Presentation