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File #: 25-3456    Name: MEDC/MCDC CIP Sales Tax Update Presentation
Type: Agenda Item Status: Agenda Ready
In control: City Council Work Session
On agenda: 12/16/2025 Final action:
Title: Discuss Capital Improvement Projects Eligible for Funding under the Transportation Infrastructure Initiative and Economic Development Program by McKinney Economic Development Corporation and McKinney Community Development Corporation Sales Tax Revenues for FY 2025-2026
Attachments: 1. Resolution 2022-06-088 R, 2. Presentation
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Discuss Capital Improvement Projects Eligible for Funding under the Transportation Infrastructure Initiative and Economic Development Program by McKinney Economic Development Corporation and McKinney Community Development Corporation Sales Tax Revenues for FY 2025-2026

 

Summary

 

COUNCIL GOAL:                     Direction for Strategic and Economic Growth

                     (2B: Balance available resources to accommodate the growth and maintenance of the City)

 

MEETING DATE:                     December 16, 2025

 

DEPARTMENT:                     Development Services / Engineering

 

CONTACT:                     Tracy Lund, PE, Assistant Director of Engineering

                     Gary Graham, PE, Director of Engineering

                                                               

 

RECOMMENDED CITY COUNCIL ACTION:

                     Receive presentation and discuss issues related to the proposed Transportation Infrastructure Initiative.

 

ITEM SUMMARY:

                     This item proposes a list of projects eligible for funding by sales tax revenue from the MEDC and MCDC pursuant to Section 11 of Resolution No. 2022-06-088 (R), the Transportation Infrastructure Initiative and Economic Development Program, adopted June 21, 2022.

 

BACKGROUND INFORMATION:

                     The Resolution establishing this Program was adopted by the City Council at the June 21, 2022, City Council Meeting.

                     The MEDC and MCDC Boards amended their respective bylaws accordingly and approved the Program as a “Project” at subsequent Board meetings.

 

FINANCIAL SUMMARY: N/A

 

BOARD OR COMMISSION RECOMMENDATION: N/A

 

ATTACHMENTS:

                     Resolution 2022-06-088 (R)

                     Presentation