Title
Consider/Discuss/Act on a Resolution Approving a Chapter 380 Economic Development Agreement and Project Plan Implementation Agreement with Happymix Creperie for the Environmental Remediation, Interior/Exterior Demolition, Historic Façade Restoration Improvements, and Critical Maintenance at 113 S Tennessee Street
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
(5.2: Promote reinvestment activities and ordinance changes in McKinney’s historic downtown that balance preservation of historic character and current market needs)
MEETING DATE: October 20, 2026
DEPARTMENT: Development Services - Planning Department
CONTACT: Cassie Bumgarner, Planning Manager
Lucas Raley, AICP, CNU-A, CFM – Director of Planning
RECOMMENDED TIRZ BOARD ACTION:
? Staff recommends that the TIRZ 1 Board approve the requested Chapter 380 Economic Development Agreement and Project Plan Implementation Agreement by the applicant.
ITEM SUMMARY:
The applicant requests an economic development grant from TIRZ 1 in support of environmental remediation, historic façade restoration improvements, and critical maintenance project at 113 S Tennessee. The request is as follows:
The applicant is requesting $50,589.81 in TIRZ funding to offset the cost of the environmental remediation, historic façade restoration improvements, and critical maintenance project.
Asbestos abatement, interior demolition
3 new energy efficient windows
Plumbing, electrical repairs, flooring, and roofing
The applicant completed the work before submitting the request for funding, which is the reason for a lack of multiple bids. Additionally, the applicant acted as the primary contractor and is ready to discuss the cost of each part of the project.
The total cost of the full project was $88,118.43. The applicant is requesting the full amount of the environmental remediation and façade restoration expenses and a 50/50 match of the critical maintenance costs.
BACKGROUND INFORMATION:
Under Chapter...
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