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McKinney CDC closes public hearing on $30M airport infrastructure request; item tabled to March 18 joint session
Summary
The McKinney CDC closed a public hearing on a $30 million request for airport infrastructure and passenger terminal elements at McKinney National Airport and voted to table action until a March 18 joint work session with council and MEDC when more financial detail will be available.
The McKinney Community Development Corporation closed a public hearing on a $30,000,000 project grant application submitted for airport infrastructure and passenger terminal elements at McKinney National Airport and voted to table the item until a March 18 joint work session with the city council and the McKinney Economic Development Corporation.
Staff noted the public hearing had generated emailed comments after the prior meeting; city staff said those emails (8 opposed, 21 in favor) were shared with the board and council liaisons but clarified that formal public hearing comments should be made at the meeting to be part of the official public record. Barry Shelton, assistant city manager, told the board the item will return at a March 18 joint work session where the financial adviser will present bond and debt-service details so the board can review the annual debt-service implications before taking action.
The board voted to close the public hearing and then voted to move the agenda item to the March 18 joint meeting; no action to approve funding was taken at the Feb. 27 meeting. Staff emphasized no immediate action was requested, and that further information — including the finance advisor’s analysis — will be provided at the joint session.
Ending: The item is tabled to a March 18 joint meeting with council and MEDC for additional financial and bond detail; the public hearing record was closed at the Feb. 27 meeting.
