The McKinney Community Development Corporation convened on March 27, 2025, to discuss several key infrastructure grant applications and community initiatives. The meeting highlighted the board's commitment to supporting local businesses and enhancing community infrastructure.
One of the primary discussions centered around the Retail Development Infrastructure Grant applications. The board reviewed a request from Sugar Rush Holdings, LLC, for $25,332 to relocate a grease trap at their bakery. However, the subcommittee recommended denying this request due to previous concerns regarding the business's performance. The motion to deny funding was passed unanimously.
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Subscribe for Free In contrast, the board approved a grant of $23,745 for the Cotton Mill to construct a sidewalk connecting two parking lots, enhancing access to retail shops. This funding represents 75% of the total project cost and was supported by the subcommittee's positive assessment of the project's viability.
Another application from the Samaritan Inn for $10,800 to install wrought iron security fencing was also discussed. The subcommittee recommended a reduced funding amount of $9,450 based on eligible expenses, which the board approved.
During the meeting, board members expressed appreciation for the efforts of the subcommittee in reviewing the applications and ensuring that funding decisions were based on thorough analysis. Additionally, members acknowledged community events, including a gala hosted by the Boys and Girls Club of Collin County, which showcased local artisans.
The meeting concluded with a motion to approve amendments to the Craig Ranch Resort Hotel term sheet, discussed in an executive session, which was also passed. The board's actions reflect a proactive approach to fostering economic development and community engagement in McKinney.