Government
BY SHELBIE HAMILTON
Public input event set for downtown project McKinney city staff shared that 15 responses were received from a request for qualifications issued in June to redevelop four city-owned properties downtown, according to an Oct. 24 meeting. Get involved The top three respondents will present to City Council, as well as participate in a public engagement opportunity, at McKin- ney City Hall on Nov. 28.
McKinney’s tax rate The city can take on $711 million in debt over the next 10 years while maintaining the interest and sinking portion of the tax rate, McKinney Chief Financial Officer Mark Holloway said.
Maintenance and operations rate: $0.286688 Interest and sinking rate: $0.140825
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Bond committee considers $436 million in projects Over $400 million in unfunded city projects is being considered by a committee to potentially be included in a May municipal bond election. The gist
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transportation and infrastructure. The bond could include a number of unfunded projects related to those subcommittees, such as road projects and construction of city facilities. What’s next? Committee members are expected to present a recommendation to City Council members in December or January, city staff said. McKinney council OKs use of eminent domain McKinney City Council members approved a total of nine resolutions at meetings on Oct. 17 and Nov. 7 that allow for the use of eminent domain to acquire easements for a utility relocation project along SH 5. How we got here A reconstruction project along SH 5 is being led by the Texas Department of Transportation. The project, which is set to begin mid-2025, will expand portions of the roadway to six lanes. What’s happening? City officials are required to move city utilities, such as water mains and wastewater mains, out of the TxDOT right of way into city use easements prior to the beginning of the reconstruction project. City officials are working on property right acquisi- tion for both temporary and permanent easements.
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The bond committee, which has met three times in the past two months, consists of five subcommittees including finance, municipal facilities, parks and recreation, public safety, and
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Leaders share recap, insights on growth The McKinney State of the City event Nov. 2 featured remarks about commercial and municipal development, East McKinney and local education from city government and education leaders. The details The event included a panel discussion with McKinney Mayor George Fuller, City Manager Paul Grimes, McKinney ISD Superintendent Shawn Pratt and Collin College District
SH 5 reconstruction SH 5 is set to be rebuilt from Power House Street to Spur 399.
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President Neil Matkin. What they’re saying
Fuller spoke about upcoming commercial projects, including Whole Foods and Sprouts. “A lot of exciting things going on that provide ... tax base and convenience and entertainment for the city,” he said.
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MCKINNEY EDITION
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