Title
Conduct a Public Hearing and Consider/Discuss/Act on a Request for Funding, Submitted by McKinney Main Street (#19-11), in an Amount Not to Exceed $60,000 for Three Neon Signs to Help Identify the Historic Downtown McKinney Cultural District and Highlight Parking. Amount Requested is 60% of Total Estimated Project Cost.
 
Summary
 
COUNCIL GOAL:                     Enhance Quality of Life in McKinney
                                                               Direction for Strategic and Economic Growth
 
MEETING DATE:                     July 25, 2019
 
DEPARTMENT:                      McKinney Community Development Corporation
                     
CONTACT:                       Cindy Schneible, President
                     
 
ITEM SUMMARY:  
•                     McKinney Main Street is requesting a grant, in an amount not to exceed $60,000 for the three neon signs to help identify the Historic Downtown McKinney Cultural District and highlight public parking.
•                     The proposed signs will take inspiration from original signs hanging in the district in the 1940’s and 1950’s.
•                     McKinney’s Cultural District neon signs will reinforce the district as a destination with vibrant night life, help establish sense of place, and provide a unique attraction for visitors.
 
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 arts through a variety of independently-owned shops and restaurants; events like McKinney Oktoberfest, Arts in Bloom 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:  
•                     Total project cost is estimated at $100,000. If approved, the MCDC funds will provide a match to a grant from Texas Commission on the Arts.