Council approves term sheet for Tucker Hill amendment, subject to final signature

The McKinney City Council voted on June 3 to approve a term sheet for the first amendment to the 2008 agreement for the Tucker Hill addition, with approval conditioned on one remaining party signing the document by the end of the day.

The approval followed an executive session cited under Texas Government Code sections 551.071 (consultation with attorney) and 551.087 (economic development). The item listed in open session identified the parties as the Billingsley parties and SLC McKinney; the council's approval required Carl Williams to agree to and sign the same before the end of June 3, 2025.

In open session, a councilmember moved "to approve the term sheet for the first amendment to the 2008 agreement for the Tucker Hill addition, which has been signed by the Billingsley parties and SLC McKinney, subject to Carl Williams agreeing to and signing the same before the end of this day, 06/03/2025." The motion was seconded, and the presiding officer asked, "All in favor?" The record shows vocal assent: "Aye." The council then returned to adjournment.

The motion language and the conditional signature deadline were entered on the record; no further details about the amendment's substantive terms were provided in the audio transcript available in the public meeting record. The vote as recorded on the audio indicates unanimous assent among members present; the meeting record also indicates four members were present at the executive-session roll call.

Authorities and procedural citation recorded in the meeting: Texas Government Code §551.071 (consultation with attorney) and §551.087 (deliberation regarding economic development). The agenda item referenced the Craig Ranch luxury hotel SPE, owner LP in connection with economic-development deliberations.

Speakers and procedural notes in the meeting record are summarized below.