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The board unanimously approved $1.6 million in Tax Increment Reinvestment Zone Number Two funding for McKinney National Airport air service marketing and incentives, including $1.0 million for the new Air Service Incentive Program, $300,000 for general airport marketing, and a $300,000 SCASDP match if the grant is awarded.
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The board approved money to help market McKinney National Airport and attract or support commercial air service. The plan sets up incentives for new nonstop routes and puts limits on how much each airline can receive. The funding package also includes a one-time match for a federal air service grant, but that money would only be used if the grant is awarded.
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