Title
Consider/Discuss/Act on a Request for the Waiver of Roadway Impact Fees in Accordance with the Neighborhood Empowerment Zone Impact Fee Waiver Program for a Proposed Multi-Family Development (Remnant at Greenwood II) Located on the Northwest Corner of Drexel Street and Throckmorton Street and Southwest Corner of Drexel Street and Throckmorton Place
Summary
COUNCIL GOAL: Enhance the Quality of Life in Downtown McKinney
MEETING DATE: March 4, 2025
DEPARTMENT: Development Services - Planning Department
CONTACT: Jennifer Arnold, AICP, Director of Planning
Cassie Bumgarner, Planning Manager
RECOMMENDED CITY COUNCIL ACTION:
* Staff recommends approval of the roadway impact fee waiver request.
ITEM SUMMARY:
* Pursuant to Article III, Section 98-85 (Neighborhood Empowerment Zone, NEZ) of the city's Code of Ordinances, the requests roadway impact fee waivers for a proposed multi-family development (Remnant at Greenwood II) located on the northwest corner of Drexel Street and Throckmorton Street and southwest corner of Drexel Street and Throckmorton Place.
* Typically, NEZ Program impact fee waivers can be approved by Staff; however, requests that exceed $50,000 or those that include multi-family residential construction require City Council review and approval.
* The proposed multi-family development consists of 50 units the McKinney Housing Authority (MHA).
* Approval of the impact fee waiver will result in foregone roadway impact fee revenues of $129,250.
CRITERIA FOR ELIGIBILITY:
* For multi-family projects to receive NEZ Program impact fee waivers , the design and completion of the new construction must be generally compatible with the massing, size, scale, and architectural features of the surrounding neighborhood. Eligibility shall be determined, in part, by reviewing the project against the "Guidelines for New Construction in the NEZ" found in Appendix B of Section 98-85 (Neighborhood Empowerment Zone) of the Code of Ordinances.
* The H...
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