PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.002, A QUORUM OF THE CITY COUNCIL AND/OR CITY BOARDS & COMMISSIONS MAY BE PRESENT. NO CITY COUNCIL, BOARD OR COMMISSION ACTION WILL BE TAKEN.
WATCH THE BROADCAST LIVE
This meeting will be streamed live on through the City’s website. Members of the public who wish to watch this meeting may watch the live stream online at:
https://mckinneytx.new.swagit.com/views/130
CALL TO ORDER
PLEDGE OF ALLEGIANCE
INFORMATION SHARING
30 Years of MCDC: Community Partner Spotlight - Hugs Café
PUBLIC COMMENTS ON AGENDA ITEMS (For Non-Public Hearing Items)
If you wish to address the Board on a posted item on this agenda, please fill out a "Request to Speak" card and present it to the Clerk before the meeting. Pursuant to Section 551.007 of the Texas Government Code, any person wishing to address the Board for items listed as public hearings will be recognized when the public hearing is opened.
Speakers wishing to address the Board regarding any non-public hearing item on this agenda shall have a time limit of three (3) minutes per speaker, per agenda item. The Board Chair may reduce the speaker time limit uniformly to accommodate the number of speakers or improve meeting efficiency.
CONSENT ITEMS
This portion of the agenda consists of non-controversial or housekeeping items required by law. Items may be considered individually by the Board or Commission member making such request prior to a motion and vote on the Consent Items.
Minutes of the McKinney Community Development Corporation Meeting of January 22, 2026
Minutes of the McKinney Community Development Corporation Potential Projects Subcommittee Meeting of December 18, 2025
Minutes of the McKinney Community Development Corporation Promotional and Community Event Grant Subcommittee of January 12, 2026
REPORTS
Financial Report
Board and Liaison Reports
Board Chair
City of McKinney
Visit McKinney
McKinney Economic Development Corporation
McKinney Main Street/MPAC
McKinney Parks and Recreation
President’s Report
REGULAR AGENDA ITEMS
Consider/Discuss/Act on a Project Grant Application Submitted by Palladium McKinney Ranch, LTD, a Development of Palladium USA, (4B26-01) in an Amount of Two Million Five Hundred Thousand and No/100 Dollars ($2,500,000.00) for Infrastructure Improvements Related to the Construction of McKinney Ranch Senior Living, a New Independent Senior Living Multi-Family Development with 109 Units, 72 Dedicated to Low-Income Seniors at 60% AMI or Below, Located at 5353 McKinney Ranch Parkway in McKinney, Texas. Amount Requested Represents 7.5% of Total Project Cost.
Consider/Discuss/Act on a Project Grant Application Submitted by Heritage Guild of Collin County (4B26-02) in the Amount of One Hundred Forty-Eight Thousand Five Hundred and No/100 Dollars ($148,500.00) for Site Improvements to Construct Restroom Facilities at Chestnut Square Heritage Village, Located at 315 S. Chestnut in McKinney. Amount Requested Represents 85% of Total Project Cost.
Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by Presidium Group, LLC, (4B26-04) in an Amount of Thirteen Million Six Hundred Thirty-Four Thousand Six Hundred Thirty-Eight Dollars and 49/100 Dollars ($13,634,638.49) for Infrastructure Improvements Related to Development of The Cotton Mill District, Located at 610 Elm Street in McKinney, Texas. Amount Requested Represents 71.3% of Infrastructure Cost for the Project.
Consider/Discuss/Act on a Project Grant Application Submitted by the Collin County History Museum (4B26-05) in the Amount of Thirteen Thousand Three Hundred and N0/100 Dollars ($13,300.00) for Building and Archive Preservation Projects Including Window Tinting and Interior Repairs and Painting at the Museum Located at 300 East Virginia Street in McKinney. Amount Represents 100% of Total Project Cost.
PUBLIC COMMENTS Regarding Matters not on the Agenda
BOARD COMMENTS
EXECUTIVE SESSION
In accordance with the Texas Government Code:
Section 551.087. Deliberation Regarding Economic Development Matters
Project 20-09 TUPPS Brewery & Entertainment Destination
Project Hemispheres
Venu/Notes Live
4B 26-01 Palladium
4B 26-02 Heritage Guild of Collin County
4B 26-04 Presidium
4B 26-05 Collin County History Museum
ACTION ON EXECUTIVE SESSION
ADJOURN
Posted in accordance with the Texas Government Code, Chapter 551, at least seventy-two (72) hours prior the start of the meeting, on or before the 20th of February 2026, 5:00 p.m.
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Cindy Schneible, President
In accordance with the Americans with Disabilities Act, it is the policy of the City of McKinney to offer its public programs, services, and meetings in a manner that is readily accessible to everyone, including individuals with disabilities. If you are a person with a disability and require information or materials in an appropriate alternative format; or if you require any other accommodation, please contact the ADA Coordinator at least 48 hours in advance of the event. Email contact-adacompliance@mckinneytexas.org. Advance notification within this guideline will enable the City to make reasonable arrangements to ensure accessibility. ADA grievances may also be directed to the ADA Coordinator or filed online at http://www.mckinneytexas.org/ada.
Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by Presidium Group, LLC, (4B26-04) in an Amount of Thirteen Million Six Hundred Thirty-Four Thousand Six Hundred Thirty-Eight Dollars and 49/100 Dollars ($13,634,638.49) for Infrastructure Improvements Related to Development of The Cotton Mill District, Located at 610 Elm Street in McKinney, Texas. Amount Requested Represents 71.3% of Infrastructure Cost for the Project.