January 2026 Report

The McKinney Community Development Corporation approved item #32 (File 26-0067), a First Amendment to Project Grant #17-04 for Craig Ranch Luxury Hotel SPE Owner LP amending the original June 26, 2025 award of a $10,250,000 MCDC loan and $25,000,000 MCDC grant for construction of the JW Marriott Resort Hotel, on a motion by Richardson-Woods and second by Bradford. [4]McKinney Community Development Corporation — Jan 22 The board approved item #39 (File 26-0073) following a public hearing, on a motion by Booth and second by Micheletto, reappropriating $3,809,419.25 to PK1827 (Wilson Creek Trail) and $3,651,069.11 to PK4393 (Towne Lake) for the Parks and Recreation Department, totaling $7,460,488.36 in previously awarded funds. [4]McKinney Community Development Corporation — Jan 22 The board approved item #35 (File 26-0069), a $2,500,000 grant to Palladium McKinney Ranch, LTD., LTD/Palladium USA (4B26-01) for infrastructure related to McKinney Ranch Senior Living, a 109-unit development with 72 units for low-income seniors at 60% AMI or below at 5353 McKinney Ranch Parkway, on a motion by Richardson-Woods and second by Booth. [4]McKinney Community Development Corporation — Jan 22

The McKinney Community Development Corporation approved the First Amendment to Project Grant #17-04 (File 26-0067), originally awarded June 26, 2025 to Craig Ranch Luxury Hotel SPE Owner LP, which adds an MCDC Loan of $10,250,000 and an MCDC Grant of $25,000,000 for partial funding of construction of a JW Marriott Resort Hotel. [4]McKinney Community Development Corporation — Jan 22 Palladium McKinney Ranch, LTD., LTD, a development of Palladium USA (4B26-01), applied for $2,500,000 in infrastructure improvement funding under File 26-0069 for McKinney Ranch Senior Living, a 109-unit independent senior living development with 72 units dedicated to low-income seniors at 60% AMI or below at 5353 McKinney Ranch Parkway. [4]McKinney Community Development Corporation — Jan 22 A resolution (File 26-0038) authorizing a contract with Fast-Trak Construction, Inc. for the McKinney National Airport Corporate Hangar 3 Fire Protection Systems Project (AI2471) passed by consent roll call. [5]City Council Regular Meeting — Jan 20

Fast-Trak Construction, Inc. was awarded a contract for the McKinney National Airport Corporate Hangar 3 Fire Protection Systems Project (AI2471), File 26-0038, approved by consent roll call at the January 20, 2026 City Council Regular Meeting. [5]City Council Regular Meeting — Jan 20 The McKinney Community Development Corporation approved File 26-0067, the First Amendment to Project Grant #17-04 originally awarded to Craig Ranch Luxury Hotel SPE Owner LP on June 26, 2025 as a $10,250,000 MCDC loan and $25,000,000 MCDC grant for the JW Marriott Resort Hotel, on a motion from Richardson-Woods, seconded by Bradford. [4]McKinney Community Development Corporation — Jan 22 At the January 6, 2026 City Council Regular Meeting, File 25-3532, the Fourth Amendment to the Chapter 380 Grant and Development Agreement among the City of McKinney, McKinney Economic Development Corporation, McKinney Community Development Corporation, and VENU Holding Corporation (successor-by-name-change to Notes Live, Inc.), was approved on a motion by Council member Franklin, seconded by Council member Lynch. [9]City Council Regular Meeting — Jan 6

At its January 22, 2026 meeting, the McKinney Community Development Corporation board approved reappropriating $3,809,419.25 to PK1827 (Wilson Creek Trail) and $3,651,069.11 to PK4393 (Towne Lake), File 26-0073, following a public hearing requested by the City of McKinney Parks and Recreation Department. [4]McKinney Community Development Corporation — Jan 22 Presidium Group, LLC requested $13,634,638.49 (4B26-04, File 26-0071) for infrastructure improvements related to The Cotton Mill District at 610 Elm Street, representing 71.3% of the project's infrastructure cost, and no action status was recorded for this item in the agenda. [4]McKinney Community Development Corporation — Jan 22 City Council Item 33 approved by consent roll call a resolution (File 26-0037) authorizing the City Manager to execute a Purchase and Sale Agreement and an Interlocal Agreement with McKinney Independent School District for acquisition of approximately 110.42 acres out of the Cunis Tarlton Survey, Abstract A0211, Tracts 10 and 22, for current and future public uses. [5]City Council Regular Meeting — Jan 20

Council member Cloutier moved, seconded by Council member Jones, to table indefinitely the ordinance for File 25-3524, which covered two properties totaling approximately 163 acres generally located south and east of the intersection of F.M. 1827 and C.R. 409, and the motion carried. [9]City Council Regular Meeting — Jan 6 A motion by Council member Feltus, seconded by Council member Franklin, to deny the ordinance for File 25-0005SUP4, concerning a drive-through restaurant (McDonald's) at 3300 Virginia Parkway, failed 3 to 4, with Council members Cox, Beller, Cloutier, and Lynch voting against denial. [9]City Council Regular Meeting — Jan 6 Council member Cloutier then moved, seconded by Council member Beller, to approve the ordinance for File 25-0005SUP4, and the motion carried. [9]City Council Regular Meeting — Jan 6

The McKinney Community Development Corporation approved the Fourth Amendment to the Chapter 380 Development Agreement (File 26-0068) among the City of McKinney, MEDC, MCDC, and VENU Holding Corporation on a motion by Richardson-Woods, seconded by Riche. [4]McKinney Community Development Corporation — Jan 22 At the January 20, 2026 City Council Regular Meeting, Item 32 approved a resolution (File 26-0036) adopting a Sustainability Roadmap for the City of McKinney. [5]City Council Regular Meeting — Jan 20 The McKinney Arts Commission passed File 26-0020, the minutes from the December 16, 2025 meeting, on a motion by Commissioner Kagal, seconded by Commissioner Douzart, carrying unanimously. [6]McKinney Arts Commission — Jan 15

On January 20, 2026, the City Council approved by consent roll call a budget amendment to the Fiscal Year 2025-2026 Annual Budget and 2026-2030 Capital Improvements Program to provide funding for a Modular Vehicle Barrier System (FI2631), file 26-0032. [5]City Council Regular Meeting — Jan 20 The City Council approved by consent roll call file 26-0038, a resolution authorizing the City Manager to execute a contract with Fast-Trak Construction, Inc. for the McKinney National Airport Corporate Hangar 3 Fire Protection Systems Project (AI2471). [5]City Council Regular Meeting — Jan 20

The McKinney Community Development Corporation board closed the public hearing and approved a $2,500,000 project grant (4B26-01, File 26-0069) requested by Palladium McKinney Ranch, LTD., LTD for infrastructure improvements supporting McKinney Ranch Senior Living at 5353 McKinney Ranch Parkway, on a motion by Richardson-Woods, seconded by Booth. [4]McKinney Community Development Corporation — Jan 22 The 109-unit development dedicates 72 units to low-income seniors at 60% AMI or below. [4]McKinney Community Development Corporation — Jan 22 File 25-3533, the public hearing on the CDBG/HOME Consolidated Annual Performance Evaluation Report (CAPER) for Program Year 2024-2025, was approved on a motion by Council member Feltus, seconded by Council member Franklin. [9]City Council Regular Meeting — Jan 6

A resolution to adopt a Sustainability Roadmap for the City of McKinney, file 26-0036, was approved by consent roll call at the January 20, 2026 City Council Regular Meeting. [5]City Council Regular Meeting — Jan 20

A motion by Council member Cloutier, seconded by Council member Feltus, approved the accompanying ordinance(s) for Case No. 25-0002A (annexation petition) and Case No. 25-0036Z (request to zone "R5" - Residential District), filed jointly as 25-0002A/25-0036Z3 for land north of County Road 124 and approximately 2,850 feet west of County Road 161, and it carried unanimously among voting members. [5]City Council Regular Meeting — Jan 20 Council member Rick Franklin recused himself due to a conflict of interest on the joint 25-0002A/25-0036Z3 item covering land north of County Road 124 and approximately 2,850 feet west of County Road 161. [5]City Council Regular Meeting — Jan 20 At the January 13, 2026 Planning & Zoning Commission meeting, the Design Exception to a Site Plan for office, retail, and restaurant uses at Urban Garages (File 25-0064SP), at the northwest corner of US Highway 380 (West University Drive) and Lakefront Road (County Road 856), was listed as a request to be tabled. [8]Planning & Zoning Commission — Jan 13

The McKinney Community Development Corporation approved the Heritage Guild of Collin County's application (4B26-02, File 26-0070) for $148,500 for site improvements to construct restroom facilities at Chestnut Square Heritage Village, closing the public hearing. [4]McKinney Community Development Corporation — Jan 22 The McKinney Community Development Corporation approved the Collin County History Museum's application (4B26-05, File 26-0072) for $13,300 for building and archive preservation projects, including window tinting and interior repairs and painting, at 300 East Virginia Street in McKinney, closing the public hearing. [4]McKinney Community Development Corporation — Jan 22 The City Council approved by consent roll call the minutes from the Historic Preservation Advisory Board Regular Meeting of February 6, 2025 (File 25-2506) and the Regular Meeting of September 4, 2025 (File 25-3341). [5]City Council Regular Meeting — Jan 20