Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Term Sheet with HC McKinney 3, LLC and McKinney Ridge, LLC, Governing the Use, Development, and Provision of Municipal Utilities to Approximately 575 Acres of Land in Unincorporated Collin County Generally Located North of F.M. 1461 and West of C.R. 166
Summary
COUNCIL GOAL: Operational Excellence
(2A: Balance available resources to accommodate growth and maintenance needs of the city.)
MEETING DATE: August 19, 2025
DEPARTMENT: Development Services
CONTACT: Michael Quint, Executive Director of Development Services
RECOMMENDED CITY COUNCIL ACTION:
* Approve the proposed resolution.
ITEM SUMMARY:
* Staff is recommending that the City Council approve a resolution authorizing the City Manager to execute a term sheet governing the use, development, and provision of municipal utilities to approximately 575 acres of land in unincorporated Collin County, generally located north of F.M. 1461 and west of C.R. 166.
* Staff was approached by the owners of the subject property, HC McKinney 3, LLC and McKinney Ridge, LLC, seeking to enter a partnership with the City to provide municipal utilities to the subject property.
* The subject property was previously located within the city's Extraterritorial Jurisdiction (ETJ), but the property owners have opted out of the ETJ; therefore, the subject property is now located in unincorporated Collin County. The property owners have also petitioned the Texas Commission on Environmental Quality (TCEQ) to create Municipal Utility District No. 11. The property owners also intervened in McKinney's petition to the Public Utility Commission (PUC) to decertify portions of its water and sewer Certificates of Convenience and Necessity (CCN).
* The proposed term sheet generally allows the subject property, including the addition of up to 144 additional acres, to be served with McKinney water and sewer services while limiting the development of ...
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