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MEDC approves two development agreements after executive session; board adopts minutes and three months of financials
Summary
At its May 20 meeting in the McKinney council chambers, the McKinney Economic Development Corporation approved two development agreements discussed in executive session and unanimously approved minutes and financial reports for February, March and April 2025.
The McKinney Economic Development Corporation voted May 20 to approve two development agreements discussed during an executive session and, earlier in the meeting, unanimously approved minutes and the financial reports for February, March and April 2025.
The actions followed the board's return from an executive session at about 9:23 a.m. "It is 09:23 here at the wonderful council chambers, and we're back from executive session. And we do have some action items that we need to, get motions on," the presiding officer said. The board then took separate motions to approve development agreements for Project Mirage and Project Mathes.
Why it matters: The approvals move two economic-development projects further along the implementation path; the agreements were discussed in closed session under the Texas…
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