Title
Consider/Discuss/Act on Appointing Members to a Bond Committee related to a Potential Bond Election on May 6, 2023
Summary
COUNCIL GOAL: Financially Sound Government
Maximize the Development Potential of McKinney National Airport
MEETING DATE: September 27, 2022
DEPARTMENT: City Manager’s Office
CONTACT: Barry Shelton, Assistant City Manager
Trevor Minyard, Director of Strategic Services
RECOMMENDED CITY COUNCIL ACTION:
• Staff recommends approval of the item once discussed.
ITEM SUMMARY:
• This presentation and discussion will,
o Discuss Bond Committee Composition
o Discuss and Appoint Bond Subcommittee Assignments
o Review Timeline & Committee Meeting Schedule
o Receive Feedback & Next Steps
BACKGROUND INFORMATION:
• On September 3, 2022, staff gave a presentation to the City Council regarding the development of a 2023 Bond Committee. Various projects were discussed, while the McKinney National Airport was highlighted specifically. The Council directed staff to revise the presented timeline and begin to collect names/nominations for the committee.
• At the September 20, 2022, Work Session, staff updated the council on unfunded projects, primarily the McKinney National Airport, the revised committee timeline, and finalized a proposed subcommittee structure. The Council directed staff to move forward with continuing the collection of committee nominations and expressed interest in nominating committee members and subsequent subcommittee assignments at the September 27, 2022, Special Meeting.
FINANCIAL SUMMARY:
• N/A
BOARD OR COMMISSION RECOMMENDATION:
• N/A