Title
Consider/Discuss/Act on a Request to Extend the Term on Project 4B25-13, Awarded to McKinney Main Street in an Amount of $80,000 for to Fabrication and Installation a Fifty-Foot Neon Monument Sign to September 30, 2027.
Summary
COUNCIL GOAL: 1: Direction for Strategic and Economic Growth
1.2: 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.
5: Enhance Quality of Life in McKinney
5.1: Create affordable recreational and cultural arts activities
for all ages throughout the city
MEETING DATE: August 27, 2026
DEPARTMENT: McKinney Community Development Corporation
CONTACT: Cindy Schneible, President
ITEM SUMMARY:
• On August 28, 2025, MCDC awarded a total of $80,000 for Project 4B 25-13 submitted by McKinney Main Street for a Neon Monument Sign to be located at the intersection Highway 75 and Virginia Street.
• Due to various project delays, McKinney Main Street is requesting a term extension on the grant term September 30, 2027.
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 the arts through a variety of independently owned shops and restaurants; events like McKinney Oktoberfest, Arts in Bloom, Home for the Holidays 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:
• In FY 2025, MCDC awarded $80,000 to Main Street for this project.
SUPPORTING MATERIALS:
• Letter of Request