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The board unanimously approved a budget amendment to fund a Chapter 380 economic development agreement and project plan implementation agreement with UB33 McKinney LLC for a vacant or underused property at 308 W Virginia Street.
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The board approved spending for an economic development deal tied to a property at 308 W Virginia Street. The agreement is meant to support a vacant or underused site, which could move the project forward in McKinney’s tax reinvestment zone. The minutes do not say how much money was added to the budget or what the project will look like.
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