Title
Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2024-2025 Annual Budget and Amending the 2025-2029 Capital Improvements Program to Provide Funds for the Gabe Nesbitt Practice Field and Apex Centre Open Area (PK2554) Project
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
(5A: Create affordable recreational and cultural arts activities for all ages throughout the city)
(5B: Develop Parks strategy to preserve green space for future park land)
(5C: Continue to market and highlight McKinney as a unique destination for residents and visitors alike)
(5E: Develop sustainable quality of life improvements within the City of McKinney)
MEETING DATE: May 20, 2025
DEPARTMENT: Parks and Recreation
CONTACT: Amy Kinkade, Director of Parks and Recreation
RECOMMENDED CITY COUNCIL ACTION:
• Approval of the ordinance
ITEM SUMMARY:
• This is a budget amendment for the Gabe Nesbitt Practice Field and Apex Centre Open Area to allow for additional resources to construct the project as designed.
BACKGROUND INFORMATION:
• An accompanying resolution for a construction contract is also on this agenda for City Council approval.
FINANCIAL SUMMARY:
• This Ordinance amends the Fiscal Year 2024-2025 Annual Budget and the 2025-2029 Capital Improvements Program by appropriating $1,000,000 from the Parks Construction Fund balance to the Gabe Nesbitt Practice Field and Apex Centre Open Area Project PK2554.
• With this amendment, the total project budget will increase from $200,000 to $1,200,000.
BOARD OR COMMISSION RECOMMENDATION: N/A