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MCDC approves extension of Venezia Sapori loan agreement to Dec. 31, 2025

McKinney Community Development Corporation · October 23, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board approved a request from the Venezia Sapori project at 1820 El Dorado Parkway to extend the loan agreement term to Dec. 31, 2025, citing contractor and contractual issues that delayed completion. Applicant representatives said landscaping and site work should finish by November.

The McKinney Community Development Corporation approved an extension of the term for the loan agreement tied to Project R124-07, Venezia Sapori, a new restaurant at 1820 El Dorado Parkway. The extension moves the loan agreement maturity to Dec. 31, 2025.

An applicant representative told the board the project…

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