File #: 23-0968    Name: Lower 5 Plaza Update
Type: Agenda Item Status: Agenda Ready
In control: City Council Work Session
On agenda: 12/5/2023 Final action:
Title: Lower 5 Plaza Update
Attachments: 1. Presentation
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Title
Lower 5 Plaza Update

Summary

COUNCIL GOAL: Operational Excellence
(2B: Balance available resources to accommodate the growth and maintenance needs of the city)

Enhance the Quality of Life in McKinney
(5E: Develop sustainable quality of life improvements within the City of McKinney)

MEETING DATE: December 05, 2023

DEPARTMENT: Development Services / Engineering

CONTACT: Kim Flom, Assistant City Manager
Gary Graham, Director of Engineering
Blake Sills, Engineering CIP Manager
Brook Retta, CIP Engineer

RECOMMENDED CITY COUNCIL ACTION:
* Receive presentation and discuss items related to ongoing development of the Lower 5 Plaza Project that provides enhanced pedestrian linkage and community stitching along State Highway 5 (SH 5) between Virginia Street and Louisiana Street.

ITEM SUMMARY:
* Discuss items related to ongoing development of the Lower 5 Plaza Project that provides enhanced pedestrian linkage and community stitching along SH 5 between Virginia Street and Louisiana Street.

BACKGROUND INFORMATION:
* The FY24 Capital Improvement Plan budget includes funding under CIP Project ST2234 and PK2234 for the preliminary bridge layout, drainage design, and conceptual park layout related to the Lower 5 Plaza located at SH 5 between Virginia Street and Louisiana Street.
* The North Texas Central Council of Governments (NCTCOG) has committed $30 million funding towards the project. This includes the engineering design and environmental documentation, ROW acquisition, and construction of the infrastructure needed for the crossing.
* The NCTCOG has committed $15 million of federal funding towards the project and has applied for $15 million from the FY23 Reconnecting Communities and Neighborhoods Grant Program. If selected, those funds would not be available until late 2024. An agreement between the City and TxDOT will be needed for the City to utilize a portion of the funding for the components it will be responsible to construct.
* On April 18, 2023,...

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