Title
Consider/Discuss/Act on a Retail Development Infrastructure Grant Application Submitted by Samaritan Inn, Inc. (RI 25-03) in an Amount of Ten Thousand Eight Hundred and NO/100 Dollars ($10,800.00) for Installation of Wrought Iron Security Fencing Surrounding The Inn Style Retail Store, Located at 103 East University Drive, McKinney, Texas. Amount Represents 75% of the Total Project Cost.
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: March 27, 2025
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 Samaritan Inn, Inc. in the amount of $10,800 for the installation of wrought iron security fencing surrounding their retail location.
• Inn Style Resale Store is a vital source of revenue for the Samaritan Inn.
• The addition of fencing would enhance security for shoppers, staff and volunteers; deter illegal dumping, theft, vandalism, and littering; reduce loitering, criminal activities, and burden on local law enforcement; improve appearance of the site; and boost revenues.
BACKGROUND INFORMATION:
• For over 40 years, The Samaritan Inn has delivered hope and meaningful support to people experiencing homelessness.
• Their mission is to serve as a comprehensive housing program that supports individuals in realizing dignity and gaining independence.
• In 2024, The Samaritan Inn served over 1,000 people, 503 of whom participated in one of their core housing programs.
• The Inn Style Retail Store was established in 2005 as a revenue source for The Samaritan Inn. While revenue from the store supports the Inn, the store benefits the community by providing quality, gently used items at a low price.
FINANCIAL SUMMARY:
• Funds allocated for MCDC Retail Development Infrastructure Grants total $300,000 ($150,000 for each of 2 cycles).
• The request is eligible for MCDC consideration under Section 501.103 of the Texas Local Government Code - definition of “project.”
SUPPORTING MATERIALS:
• Application Packet
• Presentation