[CALL TO ORDER] [00:00:10] MCKINNEY ECONOMIC DEVELOPMENT CORPORATION MEETING. IT IS TUESDAY, JUNE 16TH, 2026. WE ARE IN THE COUNCIL CHAMBERS AT CITY HALL, 401 EAST VIRGINIA STREET IN MCKINNEY, TEXAS, PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551002, A QUORUM OF THE CITY COUNCIL OR BOARDS AND COMMISSIONS MAY BE PRESENT, ALTHOUGH NO CITY COUNCIL ACTION WILL BE TAKEN AT THIS TIME. THIS MEETING IS BROADCAST ON THE CITY'S WEBSITE, AND AT THIS TIME, I'LL CALL THE MEETING TO ORDER. THE FIRST ITEM IS PUBLIC COMMENTS ON ANY AGENDA ITEMS. IS THERE ANYBODY THAT WOULD LIKE TO ADDRESS THE BOARD? SEEING NONE, WE'LL GO ON TO CONSENT ITEMS. AND IT DOESN'T [26-0585 Board and Liaison Updates City of McKinney Chamber of Commerce Community Development Corporation Visit McKinney MEDC Committee Updates Board Chairman] LOOK LIKE WE HAVE ANY. SO WE WILL GO ON TO REPORTS. 260585 WE'LL START WITH CITY OF MCKINNEY. MR. GRIMES. GOOD MORNING. GOOD MORNING, MR. CHAIRMAN. MR. PRESIDENT, MEMBERS OF THE BOARD, PAUL GRIMES. SO A FEW ITEMS TO UPDATE YOU ON. I JUST YOU KNOW, THESE THESE IPADS ARE GREAT BECAUSE YOU CAN ENLARGE THE FONT. AND SO I HAVE TO HAVE MY READING GLASSES. I MAY STILL NEED THEM. FIRST THING I WANTED TO SHARE WITH YOU IS ABOUT A WEEK AND A HALF AGO, WE HAD THE PLEASURE OF REPRESENTATIVE LEACH JOIN US FOR A TOUR OF THE AIRPORT AND TO SORT OF KIND OF SEE THE PROGRESS ON THE COMMERCIAL PASSENGER SERVICE TERMINAL, AS WELL AS ON THE VENUE PROJECT, BOTH VERY IMPRESSIVE VENUE, WATCHING THEM SLING AROUND SOME OF THE GIRDERS IN THE VERY LARGE CRANES WAS VERY IMPRESSIVE, OF COURSE, AND IT WAS IT WAS GREAT. AND IT WAS IT WAS OUR HONOR, OF COURSE, TO GIVE OR HOST REPRESENTATIVE LEACH TO KIND OF SHOW HIM WHAT'S HAPPENING IN MCKINNEY. SO THAT WAS GOOD. WE ALSO HAVE WANTED TO POINT OUT LAST FRIDAY, THE NORTH TEXAS NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENT RECOGNIZED THE NORTH TEXAS MUNICIPAL WATER DISTRICT AND MEMBER CITIES FOR A REGIONAL COOPERATION AWARD. THIS IS MCKINNEY SECOND REGIONAL COOPERATION AWARD IN ABOUT THE LAST 7 OR 8 YEARS. THE FIRST ONE HAD TO DO WITH THE COLLIN COLLEGE MCKINNEY ALLEN JOINT TRAINING CENTER PUBLIC SAFETY TRAINING FACILITY. AND THIS WAS FOR RESOLUTION ON A CUSTOMER WATER RATE PROGRAM. SO IT WAS A. BONUS FOR MCKINNEY TO BE RECOGNIZED. ALSO, AVELLO AIRLINES HAS TOLD US OR ANNOUNCED THAT THEY INTEND TO COMMENCE THEIR MARKETING CAMPAIGN WITH ANNOUNCED ROUTES ON JUNE 30TH. SO AT THE END OF THIS MONTH, WE SHOULD START SEEING THEM MARKETING THEIR ROUTES, WHICH MEANS THEY START ANNOUNCING THEIR FARES AS WELL. SO WE'RE LOOKING FORWARD TO THAT. THE BETTER TOGETHER INITIATIVE, THIS IS THE DISCUSSION, THE COMMUNITY LISTENING SESSION, IF YOU WILL, ON THE ISSUE OF HOMELESSNESS AND HOUSING UNHOUSED, THE ISSUES THAT WE'RE DEALING WITH, AS WELL AS ALL COMMUNITIES ARE DEALING WITH. THEY HAD THEY'VE HAD A SERIES OF LISTENING SESSIONS, FOCUS GROUPS IN THE COMMUNITY, MOST RECENTLY YESTERDAY. AND THEN PRIOR TO THAT SATURDAY AT MILL HOUSE. EACH ONE OF THOSE IS KIND OF TARGETED TO A DIFFERENT GROUP OF FOLKS TO MAKE SURE WE TRY TO GET THEM THERE AND GET THEIR INPUT. THAT WILL CONTINUE FOR THE NEXT COUPLE OF WEEKS, AND THEN THEY WILL START MEETING SORT OF SYNTHESIZING THE INPUT THEY'VE BEEN GETTING, WORKING WITH STAFF AND OTHER MEMBERS OF THE COMMUNITY, INCLUDING MEMBERS OF THE STEERING COMMITTEE. REMEMBER, WE HAVE TWO MEMBERS OF THE CITY COUNCIL THAT ARE PART OF THE STEERING COMMITTEE. AS THAT PROGRESSES. WE ARE ANNUAL WATER QUALITY. BRACE YOURSELVES FOR THIS, BUT OUR ANNUAL WATER QUALITY REPORT IS OUT. WE HAVE TO PRODUCE IT EVERY YEAR, EVERY JULY. AND I'M COMPELLED TO TELL YOU EVERY YEAR IT'S VERY IMPORTANT INFORMATION. BASICALLY, IT'S THERE'S SEVERAL FEATURES OF OUR WATER QUALITY REPORT THAT THERE ARE GOALS OF IT, NUMBER ONE, TO ENSURE TRANSPARENCY, BUT ALSO TO PROTECT OUR PUBLIC HEALTH AND COMPLIANCE WITH OUR REGULATORY COMMITMENTS AND EDUCATING AND EMPOWERING OUR CONSUMERS AND PROMOTING ENVIRONMENTAL STEWARDSHIP. LAST FRIDAY, SPEAKING OF WATER, ONLY THE OTHER ON THE OTHER SIDE OF THE COIN, I GOT A CHANCE TO VISIT THE WASTEWATER FACILITY ON THE NORTH SIDE CALLED SISTER GROVES, ON THE NORTH SIDE OF NEW HOPE. I GOT A TOUR ALONG WITH A NUMBER OF BOARD MEMBERS OF THE NORTH TEXAS MUNICIPAL WATER DISTRICT. MASSIVE FACILITY PLANNED RIGHT NOW. THEY'RE GOING TO DO, I THINK, 16 MILLION GALLONS A DAY. THAT'LL GO TO 32. THEN THEY'LL DOUBLE THAT TO 64. ULTIMATELY, THAT FACILITY CAN BE BUILT OUT TO 128 MILLION GALLONS A DAY OF WASTEWATER TREATMENT. VERY IMPRESSIVE. THE TECHNOLOGY, OF COURSE, IS STATE OF THE ART TECHNOLOGY THAT GOES INTO NOBODY REALLY WANTS TO TALK ABOUT THE TECHNOLOGY AND [00:05:03] WASTEWATER TREATMENT, BUT THEY USE BIOLOGY, THEY USE CHEMICALS, AND THEY USE PHYSICAL. MECHANICAL TOOLS TO BE ABLE TO CLEAN THE WATER AND PUT IT BACK INTO THE WATER SYSTEM. AND SO IT IS A VERY IMPRESSIVE THING TO SEE. AND THAT'S SORT OF THE UNDERSIDE OF INFRASTRUCTURE THAT FOLKS OFTENTIMES DON'T HEAR ABOUT, BUT FASCINATING TO SEE ANYWAY, PARTICULARLY FOR MUNICIPAL PEOPLE LIKE ME. A COUPLE OF THINGS TONIGHT COMING UP, WE HAVE WORK SESSION AND TOURS AND OF COURSE, OUR REGULAR COUNCIL MEETING THIS EVENING. I WANTED TO TOUCH BASES WITH YOU ON A COUPLE OF HIGHLIGHTS. AT OUR WORK SESSION. WE WILL I'LL SKIP OVER THE MOSQUITO CONTROL PROGRAM. I'M SURE THAT'S NOT GOT YOU TOO RIVETED, BUT WE DO HAVE A CONTINUED DISCUSSION ON THE DOWNTOWN PARKING STRUCTURE, AND PARTICULARLY GETTING THE COUNCIL TO GET COMFORTABLE WHERE THEY WANT TO PLACE THAT PARKING STRUCTURE. THE NEXT OPPORTUNITY, OF COURSE, IS WITH IN THAT AREA, THE VICINITY OF THE OLD CITY HALL AND THE OLD DEVELOPMENT SERVICES BUILDING, WHICH WILL BE IMMINENTLY COMING DOWN IN THE VERY, VERY NEAR FUTURE. THEY'VE COMPLETED THE ABATEMENT, THE ASBESTOS ABATEMENT PROCESS, AND NOW THEY'RE IN THE ENVIRONMENTAL THINGS THEY HAVE TO DO. AND THEN THEY'RE GOING TO ABOUT THEY'RE ABOUT READY TO TEAR IT DOWN. SO STAND BY FOR THAT. THERE'S ALSO SOME DISCUSSION ABOUT VAPE SHOP REGULATIONS THAT'LL BE TALKED ABOUT TONIGHT AS WELL. AT THE TERS. TERS BOARD WILL BE CONSIDERING SOME POLICY GUIDELINES. BASICALLY HOW WE'RE GOING TO APPROACH VARIOUS POLICIES WITH RESPECT TO TERS AT THE COUNCIL MEETING TONIGHT. HOWEVER THEY WILL BE CONSIDERING ENLARGING TERS ONE TO INCORPORATE SOME MORE OF THE AREA AROUND THE COTTON MILL. SO THAT WILL BE ON THE COUNCIL AGENDA. THAT HAS TO BE AN ACTION OF THE COUNCIL FIRST. BUT TERS BOARD IS GOING TO BE DEALING WITH SOME POLICY ISSUES AT THEIR MEETING THIS EVENING. AND THEN FINALLY, JUST A COUPLE HIGHLIGHTS AT THE COUNCIL MEETING TONIGHT. WE HAVE, WELL, SOME AWARDING THE CONTRACT FOR IRWIN PARK CONSTRUCTION IS PROBABLY ONE OF THE KEY ITEMS THAT WE'RE GOING TO SEE, AS WELL AS SOME FEE CHANGES AND REGULATION CHANGES AT THE AIRPORT TO PREPARE IT FOR PART 139 PASSENGER SERVICE REQUIREMENTS THAT WE HAVE TO HAVE. WE HAVE TO MAKE SOME ADJUSTMENTS TO OUR FEE SCHEDULE, ETC. SO ALL OF THAT AND MORE AT TONIGHT'S MEETINGS. WITH ALL OF THAT, I WILL STAND FOR ANY QUESTIONS. THAT'S A LOT. ANY QUESTIONS? NO. OKAY. THANK YOU SIR. COMMUNITY DEVELOPMENT CORPORATION. CINDY. GOOD MORNING, MR. CHAIRMAN. MEMBERS OF THE BOARD. PRESIDENT KOSKI, THANK YOU FOR THE OPPORTUNITY TO BE HERE. CINDY SCHNABEL WITH MCDC. JUST A COUPLE OF THINGS TO HIGHLIGHT FROM THE REPORT THAT WAS ATTACHED TO YOUR AGENDA. WE'RE ACCEPTING APPLICATIONS THIS MONTH FOR OUR FINAL CYCLE OF PROJECT GRANTS. SO THAT WILL CONCLUDE ON. JUNE 30TH. AT OUR BOARD MEETING NEXT WEEK, THE BOARD WILL HEAR PRESENTATIONS FROM THE PROMOTIONAL GRANT APPLICANTS. THE APPLICATIONS THAT WE RECEIVED IN MAY OF THIS YEAR, WE RECEIVED 15 THAT WERE QUALIFIED TO GO TO THE BOARD, WHICH IS THE MOST THAT WE HAVE EVER SEEN DURING ONE GRANT PERIOD. SO IT WILL BE A LONG BOARD MEETING A WEEK FROM THURSDAY, BUT WE LOOK FORWARD TO THOSE PRESENTATIONS. HUG'S CAFÉ WILL OPEN THEIR NEW HEADQUARTERS AND CAFE AT THE LOCATION ADJACENT TO THE TUFTS CAMPUS ON JULY 2ND, SO WE'RE LOOKING FORWARD TO CELEBRATING THAT WITH THEM. AND ANOTHER GRAND OPENING COFFEE OVER AT TUFTS OPENED. WE HAD THE RIBBON CUTTING JUST A LITTLE OVER A WEEK AGO SATURDAY. SO FOR YOUR MORNING CAFFEINE FIX, GIVE COFFEE A TRY. THEY'VE GOT THE SILO OPEN IN. THEIR NEXT PHASE OF THEIR PROJECT WILL BE TO REFURBISH THE THE BRICK STRUCTURE THAT'S ON THE PROPERTY. AND THEN THE LAST THING FOR ME IS I JUST WANT TO I KNOW THAT YOU'VE GOT A STAFF MEMBER WHO IS GETTING READY TO DEPART, AND I JUST WANTED TO, ON BEHALF OF MC, DC, WISH MADISON GREAT SUCCESS IN HER NEW POSITION AND THANK HER FOR HER TIME WITH WITH EDC, BECAUSE I THINK MCKINNEY IS A BETTER PLACE THANKS TO HER CONTRIBUTIONS. SO THAT'S IT FOR ME. IF YOU HAVE ANY QUESTIONS, I'D BE HAPPY TO ADDRESS THEM. ANYBODY KNOW? THANK YOU, THANK YOU. AARON MCKINNEY. GOOD MORNING. GOOD MORNING, MR. CHAIR. MR. PRESIDENT, MEMBERS OF THE BOARD. AARON WERNER, EXECUTIVE DIRECTOR AT MCKINNEY. ALWAYS A GREAT WAY TO START A TUESDAY WITH YOU GUYS. IF YOU [00:10:02] HAVE BEEN PAYING ATTENTION TO THE NEWS LATELY, THERE'S A LITTLE SOCCER TOURNAMENT HAPPENING AROUND THE WORLD, INCLUDING DALLAS CALLED THE WORLD CUP. IT'S OFFICIALLY TAKEN OVER. AND SO FOR MCKINNEY AND OUR FOCUS, WE'VE PARTNERED WITH MEDC MC, DC, MAIN STREET, TUPS, THE CHUPACABRAS, AND WE'VE PUT TOGETHER A REALLY NEAT EXPERIENCE OVER AT TUFTS BREWERY FOR OUR RESIDENTS, OUR VISITORS TO TO GATHER FOR ANY OF THE 104 MATCHES THAT ARE HAPPENING THROUGHOUT THE WORLD CUP, NO MATTER WHAT TIME THE MATCH COMES ON, WHETHER IT'S EARLY IN THE DAY OR LATE IN THE EVENING, THEY'RE GOING TO STAY OPEN FOR THE FULL TIME DURING THE LARGER MATCHES. OF COURSE, THE USA, MEXICO, ARGENTINA AND SUCH. THEY'RE DOING EXPANDED KIND OF ENTERTAINMENT OPPORTUNITIES FOR EVERYBODY OUT THERE FAMILY ENTERTAINMENT, LIVE MUSIC, SPECIALTY FOOD, SPECIALTY DRINKS, AND THE CHUPACABRAS EVEN INSTALLED A MINI PITCH ON SITE AT THE ON THE ON THE CAMPUS OVER THERE FOR PEOPLE TO DO A LITTLE SOCCER GAMES FOR KIDS TO PLAY AROUND. SO REALLY NEAT EXPERIENCE. IF YOU DRIVE THROUGH, YOU'LL SEE BRANDING EVERYWHERE. THAT'S ALL THEMED, THE SUMMER OF SOCCER. AND, AND WE'RE EXCITED TO, TO HAVE THAT FOR OUR RESIDENTS AND VISITORS. THE PHOTOS SO FAR HAVE BEEN REALLY FUN OUT THERE. SO ENCOURAGE YOU TO SWING BY AND HANG OUT FOR A LITTLE BIT. ALSO. AMERICA 250. SO JULY 4TH IS GOING TO BE KIND OF MCKINNEY'S BIG SHOWCASE FOR AMERICA. 250 OF COURSE, OUR MAIN STREET PARTNERS WITH THE DOWNTOWN PARADE KIND OF HAVE EXPANDED THE DECOR IN DOWNTOWN AND THE PARADE OPPORTUNITIES, AS WELL AS OUR PARKS TEAM WITH THE FIREWORKS SHOW AND THE DRONE SHOW THAT EVENING, VISIT MCKINNEY IS COME IN WITH KIND, G CAMPAIGN WHERE WE'VE CREATED A AMERICA 250 CHALLENGE COIN. ONE SIDE IS THE AMERICA 250 BRANDING. THE OTHER SIDE IS ALL MCKINNEY THEMED LITTLE ICONS AND STUFF, AND WE HAVE ONLY CREATED 250 OF THESE. AND SO THIS WILL NOT BE SOMETHING THAT GOES TO EVERYBODY. WE'RE MAKING A KIND OF A FUN CAMPAIGN TO GET THE COMMUNITY AND THE RESIDENTS OUT TO EXPLORE SOME OF OUR HISTORY PARTNERS THROUGHOUT THE COMMUNITY, SOME OF OUR PARKS AND OTHER ACTIVITIES. SO IF YOU'VE EVER SEEN THE THE GUY ON SOCIAL MEDIA THAT KIND OF DROPS THE CASH AND HE POSTS LITTLE HINTS ABOUT WHERE HE PUT IT. THOSE ARE THE TYPES OF THINGS THAT WE'RE PLANNING TO DO WITH THESE COINS. SO IF YOU WANT ONE, STAY TUNED. CHUPACABRAS, BY THE WAY, ARE UNDEFEATED. I DON'T KNOW IF YOU'VE BEEN PAYING ATTENTION TO THE US ALL TWO RANKINGS, BUT THEY ARE FOUR AND ZERO RIGHT NOW IN MCKINNEY, WHICH IS PRETTY INCREDIBLE. AFTER THEIR FIRST SEASON LAST YEAR, VISIT MCKINNEY IS THE TRAVELING TEAM SPONSOR FOR THEM. AND SO IF ANY OF YOU OR YOUR FAMILIES WOULD EVER LIKE TO ATTEND, WE DO HAVE A HANDFUL OF TICKETS AND WE'D LOVE TO HOST YOU AT ONE OF THE CHUPACABRA MATCHES. AND, MR. CHAIRMAN, I HAVE ONE UPDATE FOR YOU. OVER THE LAST WEEK. I GOT AN UPDATE THAT THE MCKINNEY HISTORIC HALF IS COMING BACK FOR YEAR TWO. THE DATE IS SET. OUR WEBSITE'S BEEN UPDATED, SO I'LL SEE YOU OUT THERE. AND WITH THAT, I'LL STAND FOR ANY QUESTIONS. OKAY. I'M GOING TO TRAIN TO BEAT YOU. I'M GOING TO GET MY MONEY'S ON AARON. OKAY, NOW WE GOT A CHALLENGE. OKAY, HERE WE GO. THANK YOU GUYS. ALL RIGHT. COMMITTEE UPDATES, ANYTHING MARKETING, NOTHING TO REPORT. OKAY. REAL ESTATE. YES, SIR. WE MET LAST WEEK AND HAVE SEVERAL THINGS IN THE EXECUTIVE SESSION FOR YOU GUYS. OKAY. INNOVATION. WE MET TO REVIEW AN APPLICANT AND DISCUSS THAT WITH TROY. OKAY. FINANCE. WE HAVE THE BUDGET TODAY, SO I ASSUME THAT THAT'S FINANCE. GOVERNANCE DID NOT MEET. SO I THINK DID I LEAVE ANYBODY OUT. I THINK THAT'S EVERYBODY. RIGHT. ALL RIGHT. AND THEN LAST BUT NOT LEAST, OR MAYBE LEAST, I DON'T HAVE A LOT TO SAY OTHER THAN I, YOU KNOW, I KNOW WE'RE GOING TO BE HERE THIS AFTERNOON, BUT I WANT TO JUST PUBLICLY ACKNOWLEDGE MADISON AS WELL. AND, YOU KNOW, YOU STARTED TEN YEARS AGO, BACK WHEN WHEN I WAS MAYOR AND IN I AGREE WITH CINDY. I MEAN, CINDY MCKINNEY IS MUCH, MUCH BETTER OFF HAVING HAD YOU HERE FOR THE LAST TEN YEARS. AND ESPECIALLY, I THINK WHEN I THINK BACK ABOUT WHERE OUR PROGRAM WAS BACK AT THAT TIME VERSUS WHERE IT IS TODAY, IT'S JUST YOU'VE TAKEN IT TO A WHOLE NOTHER LEVEL. SO REALLY APPRECIATE THAT AND APPRECIATE EVERYTHING THAT YOU'VE DONE FOR MCKINNEY. AND AS I TOLD MICHAEL, I KIND OF FEEL LIKE HE'S KIND OF LIKE NICK SABAN IN THE COACHING TREE BECAUSE NOW ALL OF A SUDDEN, YOU KNOW, WE HAVE ALL THESE PEOPLE THAT ARE BECOMING THE HEAD OF EDC AT OTHER CITIES. BUT CONGRATULATIONS TO YOU AND MUCH SUCCESS TO YOU IN YOUR NEXT VENTURE, EXCEPT FOR WHEN YOU'RE COMPETING AGAINST MCKINNEY. BUT ANYWAY, BUT THANK YOU ALL. [00:15:01] THANK YOU VERY MUCH, MADISON, FOR EVERYTHING YOU'VE DONE FOR US, CHAIRMAN, IF I MAY. YOU KNOW, IT'S BEEN ONE OF THE GREAT HONORS OF MY CAREER TO WORK ALONGSIDE MADISON. AND TEN YEARS IS IMPORTANT BECAUSE UP HERE AT OUR SHOP AND BEHIND CLOSED DOORS, WE SPEAK QUITE OFTEN ABOUT LOOKING TEN YEARS IN THE FUTURE. AND MADISON CAN TRULY LOOK BACK AT DAY ONE, STARTING IN TODAY. HOW MUCH MCKINNEY HAS EVOLVED, HOW MUCH THE STAFF HAS EVOLVED AND ALLOWED WHAT YOU SEE AND EXPERIENCE MCKINNEY IS BECAUSE OF PEOPLE LIKE MADISON WORKING BEHIND THE SCENES, BUT ALSO FROM THE STAGE. IS THERE A BETTER PERSON WHO COULD WALK INTO A ROOM AND REPRESENT MCKINNEY THAN MADISON? NO. PROBABLY NOT. RIGHT. IT'S FANTASTIC. MADISON, WHAT YOU DO AND HOW YOU BUILD A NETWORK UP, I THINK YOU'LL SEE THAT TODAY. HER EVENT IS BETWEEN 4 AND 6 P.M. COME AND GO. ON THE OTHER SIDE, ON THE FIRST FLOOR OF CITY HALL FOR MORE COMMENTS AT 5 P.M. AND I WOULD WELCOME MADISON TO COME UP AND SAY A FEW WORDS AT THIS TIME. MADISON. THANK YOU, MR. CHAIRMAN. THANK YOU. MIKE. IT'S TRULY BEEN A PLEASURE TO SERVE MCKINNEY OVER THE PAST TEN YEARS. I WASN'T GOING TO CRY, BUT I DID MAKE A FEW NOTES BECAUSE IT'S REALLY IMPORTANT TO ME THAT YOU GUYS GET TO HEAR SOME OF MY HEART. SO MCKINNEY EDC HAS SUPPORTED ME BOTH PERSONALLY AND PROFESSIONALLY OVER THE YEARS AND TRULY HAS FOREVER MARKED MY TIME AND IS A CHAPTER THAT I WILL FOREVER REMEMBER. I'VE BROUGHT MY BABIES HOME TO MCKINNEY. THIS PLACE IS A VERY SPECIAL PLACE, AND MUCH OF THAT IS BECAUSE OF THE WORK THAT YOU GUYS DO AS VOLUNTEERS ON A DAY DAILY BASIS. I, I HAVE BEEN VERY FORTUNATE TO GROW ALONGSIDE THE MCKINNEY EDC AND BE A PART OF SOME OF THE, THE AMAZING PROJECTS THAT WE'VE WORKED ON MOST RECENTLY, OF COURSE, THE AIRPORT, SEEING SOME OF OUR OUR MAJOR CORPORATIONS HERE EXPAND AND CONTINUE TO INVEST AND GROW IN A COMMUNITY IS SOMETHING THAT COMMUNITIES ONLY DREAM OF. RIGHT. TO HAVE FORTUNE 500 COMPANIES HERE THAT CONTINUE TO INVEST AND PLANT THEIR ROOTS. AND SOMETHING I'M VERY PROUD OF IS THE ENTREPRENEURSHIP EFFORTS THAT WE'VE BEEN ABLE TO ESTABLISH HERE. AND NONE OF THAT HAPPENS WITHOUT BOARD SUPPORT. SO THANK YOU ALL FOR TAKING THE TAKING THE CHANCE ON THE TEAM. RIGHT? I MEAN, THE ECOSYSTEM OF ENTREPRENEURS IS, IS CHANGED BECAUSE OF YOUR TRUST THAT YOU'VE PLACED IN STAFF TO IMPLEMENT SOME OF THESE IDEAS. AND NOW WITH THE, THE ADDITIONAL SUITE OPENING UP AND HAVING MORE OPPORTUNITY, I'M JUST VERY EXCITED TO SEE HOW THAT CONTINUES TO FLOURISH AND BE. A BEACON FOR, FOR, FOR THE NORTH TEXAS AREA. I MEAN, IT'S HUGE. AND THEN LASTLY, I'VE, I'VE SEEN A LOT HERE IN MY DAYS AND I'VE SEEN. I'VE SEEN BOARDS AND COUNCIL HAVE MISALIGNMENT AND I'VE SEEN THE SHIP BEING RODE IN DIFFERENT DIRECTIONS. AND I AM I KNOW THAT WE'VE CHANGED BECAUSE OF PAUL GRIMES LEADERSHIP AND THANK YOU FOR TAKING YOUR YOUR FAMILY TO MCKINNEY OVER THE YEARS AND INVESTING HERE. SO. AND THEN TO MIKE. JOHN MAXWELL HAS FIVE LEVELS OF LEADERSHIP. AND IF YOU'RE NOT FAMILIAR WITH WHAT THAT LOOKS LIKE, THERE'S FIVE LEVELS. PEOPLE FOLLOW YOU BECAUSE OF YOUR TITLE, BECAUSE THEY WANT TO, BECAUSE THE RESULTS YOU PRODUCE, BECAUSE OF WHAT YOU'VE DONE FOR THEM PERSONALLY. OR LASTLY, AND WHAT IS CALLED THE PINNACLE IN LEADERSHIP IS BECAUSE OF THE LEGACY AND WHO YOU REPRESENT. THAT ONE IS REALLY DIFFICULT. AND I BELIEVE MIKE HAS ACHIEVED THAT, AND I HOPE TO ALSO BE AT THE PINNACLE LEVEL OF LEADERSHIP THAT MIKE IS AT. THANK YOU FOR BELIEVING IN ME AND INVESTING IN ME. AND MORE IMPORTANTLY, MCKINNEY'S BETTER BECAUSE OF ALL OF YOU AND WHAT YOU DO AGAIN, ON A DAILY BASIS TO INVEST HERE. SO I'M GRATEFUL AND I'M FOREVER ROOTING FOR MCKINNEY. AND I KNOW THAT IT'S A CHAPTER. IT'S NOT THE END OF THE BOOK, BUT I JUST WANTED TO DEEPLY THANK YOU AND APPRECIATE ALL THAT YOU DO. SO THANK YOU SO MUCH. THANK YOU. OKAY. MONTHLY REPORTS. WELL. WHO WANTS MOTION TO ADJOURN? WHAT? [26-0586 Consider/Discuss MEDC Monthly Reports] [00:20:03] HERE WE GO. SO NOW I THINK YOU'RE GETTING MAD AT SANDRA FOR VERY KIND WORDS. AGAIN, YOUR ENERGY, YOUR SPIRIT WILL ALWAYS BE HERE. SO WE APPRECIATE YOU. WE HAVE MORE ACCOLADES THIS AFTERNOON. AGAIN, FORMAL COMMENTS AT 5 P.M. IF YOU COULD JUST MAKE THAT. IF NOTHING ELSE, WE'D LOVE TO HAVE YOU HERE ACROSS THE HALL OVER HERE. I'M GOING TO GO AHEAD AND BRING UP MANAGER LUCA JERRY AT THIS POINT TO SPEAK ABOUT OUR MARKETING ENGAGEMENT. GOOD MORNING, MR. CHAIRMAN. MR. PRESIDENT, MEMBERS OF THE BOARD. LUKE MARKETING, SOCIAL MEDIA MANAGER FOR THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION. IN DECEMBER OF 2021, A STAFF MEMBER FROM THE EDC POSTED ON THEIR INSTAGRAM ACCOUNT THAT THERE WAS A MARKETING JOB OPENING BECAUSE THEY WERE BURNED OUT AND FRUSTRATED WITH MANAGING ALL THE SOCIAL MEDIA EFFORTS. AND THAT STAFF MEMBER WAS MADISON CLARK. AND BECAUSE OF THAT POST AND BECAUSE OF HER CHARACTER, I WAS ATTRACTED TO THE OPPORTUNITY HERE AT THE EDC. SO THANK YOU, MADISON. WE WILL MISS YOU AND WE VERY MUCH APPRECIATE YOU. WITH THAT, I WILL DIVE INTO A FEW HIGHLIGHTS OF OUR NUMBERS ON OUR MARKETING REPORT FOR THE MONTH OF MAY. AS ALWAYS, THE FULL REPORT IS ATTACHED TO YOUR AGENDA. IF YOU WANT TO DEEP DIVE INTO THE ANALYTICS AND THE METRICS THERE, YOU'LL NOTICE A SPIKE IN NUMBERS THERE ON THE BOTTOM LEFT, BOTH IN BRE VISITS, FAM TOURS, AND TRADE SHOWS AND MISSIONS. AND COMPARED TO PRIOR MONTHS, A LOT OF THAT IS DUE TO, AS YOU KNOW, OUR ACTIVITY AROUND THE BYRON NELSON WHERE WE AMPLIFY OUR OPPORTUNITIES TO GIVE TOURS, CONNECT WITH LOCAL BUSINESSES, PROVIDE RESOURCES FOR VISITORS, THOSE KINDS OF THINGS. AND THEN AS ALWAYS, OUR EMAIL NEWSLETTER, OPEN RATES AND WEBSITE VISITS REMAIN STRONG AND HIGH ABOVE INDUSTRY STANDARD. ON THE NEXT SLIDE HERE, I'LL JUST HIGHLIGHT A QUICK FEATURE BECAUSE OUR OWN BOARD MEMBER, MARK DENNISON, RECOMMENDED THAT WE DO A DRONE VIDEO OF THE VENUE AMPHITHEATER, AND WE DID THAT. AND THAT PIECE OF CONTENT HAS BEEN SEEN 228,000 TIMES, WHICH IS INTERESTING TO THINK ABOUT BECAUSE THAT'S LIKE FILLING THE AMPHITHEATER 12 TIMES, WHICH IS BANANAS TO THINK THAT MANY PEOPLE HAVE SEEN THE VIDEO WE POSTED ABOUT THE UPDATE. SO IT JUST PROVIDES AN OPPORTUNITY, SOME INSIGHT TO SEE HOW EXCITED THE COMMUNITY IS, THE ANTICIPATION AROUND THE PROJECT, AND THE OVERALL POSITIVE FEEDBACK REGARDING ITS CONSTRUCTION. WITH THAT, I WILL STAND FOR ANY QUESTIONS. QUESTIONS? THANK YOU ALL. THANK YOU. WHY DON'T YOU BECOME. [26-0587 Consider/Discuss/Act on the April 2026 Financials] THANK YOU MARK. ALL RIGHT. CHANCE. FINANCIALS. 26058 7TH APRIL 2026. FINANCIALS. ALL RIGHT. GOOD MORNING. CHANCE MILLER, ASSISTANT FINANCE DIRECTOR. TODAY WE ARE GOING OVER THE MONTH OF APRIL. IT'S A COUPLE MONTHS BACK. LET'S GO TO THE INCOME STATEMENT. IT WAS A PRETTY STANDARD MONTH FOR THE EDC. WE COLLECTED A LITTLE OVER $2 MILLION IN REVENUE. THE MAJORITY OF THAT CAME FROM SALES TAX REVENUE. IN REGARDS TO EXPENDITURES, WE HAD SLIGHTLY OVER $1 MILLION. THE MAJORITY OF THAT WAS ACTUALLY OUR MONTHLY TRANSFER TO COVER Y'ALL'S MEANS DEBT SERVICE PAYMENT. WE HAD OPERATIONAL COSTS THAT A LITTLE OVER 400 000 PROJECT EXPENSES WAS 36,000 FOR THE MONTH OF APRIL. ALL RIGHT. SALES TAX, IT'S PRETTY SMALL. OKAY. SO THIS THIS APPLIES TO THE MONTH OF FEBRUARY. WE COLLECTED IN APRIL. AND WE SAW 13% INCREASE, WHICH IS INCREDIBLY STRONG. HOW WE STARTED OFF THE YEAR WAS NOT YOU KNOW, WE'RE COMPARING OURSELVES TO ALLEN THIS WHOLE YEAR, BUT THIS MONTH WE SAW 13% INCREASE. THIS WAS A TRUE INCREASE. THERE WAS NO TRUE AUDIT COLLECTIONS OR ANYTHING THAT HURT US. THAT BRINGS OUR YEAR TO DATE UP TO 4.5%. ALLEN HAD AN 11.1% INCREASE. FRISCO HAD AN 8.9% INCREASE IN PLANO HAD A 7% INCREASE. I DID WANT TO TOUCH ON THE SALES TAX BY INDUSTRY PAGE. SO WHEN WE HAVE A STRONG MONTH LIKE THAT, WE DO LIKE TO LOOK AND SEE WHAT ACTUALLY CAUSED IT AND SEE IF IT WAS A CERTAIN INDUSTRY, IF IT WAS AUDIT COLLECTIONS OR ANYTHING LIKE THAT. IT IS NICE TO SEE THAT I WAS ACTUALLY A COMBINATION OF ALL OUR INDUSTRIES. WE ONLY HAD ONE INDUSTRY THAT HAD A DOWN MONTH, AND THAT WAS THE INFORMATION SECTOR, WHICH IS ONE OF OUR SMALLEST ONES, BUT RETAIL TRADE, ACCOMMODATION AND FOOD SERVICES AND OR NOT NOT INFORMATION. INFORMATION. HAD A GOOD MONTH. MANUFACTURING WAS DOWN A LITTLE BIT THIS MONTH. SO INFORMATION COULD BE COMPANIES KIND OF LIKE YOUR TELECOMMUNICATION COMPANIES, STREAMING SERVICES, STUFF LIKE THAT. ACTUALLY HAD A VERY STRONG MONTH THIS MONTH. AND IT WASN'T JUST ONE BUSINESS THAT CAUSED A LOT OF THESE THINGS. IT LOOKS LIKE THAT WAS CONTINUED GROWTH ACROSS ALL THE BUSINESSES IN MCKINNEY, WHICH IS BETTER TO SEE FROM OUR STANDPOINT, THAT IS MORE SUSTAINABLE THAN ONE COMPANY, YOU KNOW, REMITTING A LARGER TAX PAYMENT OR ANYTHING LIKE THAT. SO IT WAS REFRESHING TO SEE THAT. AND LOOKING FORWARD, WE HAVE A COUPLE MORE GOOD MONTHS COMING UP, WHICH IS GREAT, ESPECIALLY WITH US HEADING INTO BUDGET SEASON AND EVERYTHING. SAYING THAT I'LL BE HAPPY TO ANSWER ANY QUESTIONS OVER THE SALES TAX OR FINANCIALS. I DO HAVE A QUESTION. WHERE DOES AI [00:25:02] SOFTWARE TYPE? DOES THAT FALL UNDER SERVICES OR INFORMATION? I WOULD SAY INFORMATION. I WOULD SAY IT'S IMPORTANT TO KNOW THAT SALES TAX IS SELF-REPORTED. SO THESE COMPANIES SELF-REPORT WHAT INDUSTRY THEY FALL IN 90% OF TIME. YOU DON'T HAVE ANY ISSUES WITH THAT. BUT YOU KNOW, THERE COULD BE TIMES THAT SOMEONE PUTS THEMSELVES IN MANUFACTURING AND ALL THAT STUFF. BUT IF I HAD TO GUESS, I WOULD SAY INFORMATION WOULD BE THE BEST THERE. THERE'S ALSO OTHER SOFTWARE COMPANIES THAT FALL INTO INFORMATION, SO THAT WOULD BE THE MOST, THE MORE LIKELY PLACE FOR THAT. OKAY. ANY OTHER QUESTIONS? ENTERTAIN A MOTION ON THE APRIL FINANCIALS. I'LL MAKE A MOTION. OH, MARK IS SO FAST. I'LL SECOND THE MOTION MOTION BY MARK DENNISON, SECOND BY JULIE WILLIAMS. CAST YOUR VOTES. MOTION PASSES. NEXT, WE HAVE PUBLIC COMMENTS REGARDING ANY MATTERS NOT ON THE AGENDA. MR. CHAIRMAN. WE HAVE TO APPROVE THE ACTUAL BUDGET. OH, WE DO, DON'T WE? I SKIPPED THAT, SORRY. MINOR DETAIL. MINOR DETAIL? YEAH. SORRY. WE HAVE NO MORE MEETINGS BECAUSE WE SKIPPED THE [26-0588 Consider/Discuss/Act on Approving the FY26 27 MEDC Budget] BUDGET. OKAY. 260588 CONSIDER DISCUSS ACT ON APPROVING THE FY 2627 BUDGET. THANK YOU, MR. CHAIRMAN. BEFORE I SAY ANOTHER WORD, I WANT TO THANK DINA AND GLYNIS AND THE WHOLE TEAM FOR HELPING PUT THIS TOGETHER. MYSELF AND CHANCE AND THE TEAM ARE HERE TO ANSWER ANY SPECIFIC QUESTIONS THERE. THE BUDGET IS ATTACHED TO THE AGENDA ITEM ALSO PRINTED OUT IN FRONT OF YOU. WE HAD WE HAD MEETINGS WITH THE FINANCE COMMITTEE AND GOVERNANCE COMMITTEE TO GO OVER THE NUANCES TO POINT OUT A COUPLE OF THINGS THAT ARE CRITICAL. WE'RE ANTICIPATING A 2.5% INCREASE IN SALES TAX NEXT YEAR. I THINK CHANCE CAN CONFIRM THAT NUMBER COULD CHANGE TO A DIFFERENT NUMBER BETWEEN NOW AND WHEN THE CITY COUNCIL ADOPTS IT, BUT THAT'S WHAT WE'RE USING AS OUR BASELINE. WE ARE REQUESTING ANOTHER NEW POSITION, A PROJECT MANAGER. THIS POSITION WILL WORK AT THE SAME LEVEL THAT MISS PAULA DATE CURRENTLY WORKS AT FOR TRACTION. I THINK WHAT WE'RE SEEING NOW IS WE HAVE MORE NEED TO HAVE MORE FOCUS ON THE INTERNATIONAL SCENE AND WHAT THAT LOOKS LIKE. SO THAT POSITION WILL ASSIST WITH THAT. SO WE'RE HAPPY TO ANSWER ANY QUESTIONS YOU MAY HAVE. OTHERWISE, STAFF RECOMMENDS THE BUDGET AS PRESENTED. I ALSO SAY SOMETHING ELSE. WE USUALLY DO THIS IN JULY. SO KUDOS TO MY TEAM AS WELL FOR GETTING THIS ADVANCE TO JUNE WHERE WE HAD SOME TIME TO GET IT DONE. SO, MR. CHAIRMAN, THANK YOU. ANY QUESTIONS? OKAY. WE'LL ENTERTAIN A MOTION. I'LL MAKE A MOTION TO APPROVE THE BUDGET AS PRESENTED. MOTION BY LEE. DO WE HAVE A SECOND? SECOND. NO. SECOND REQUIRED. SECOND. NO SECOND REQUIRED. WHY WOULD WE HAVE NO SECOND REQUIRED? SHE PUT TWO CARDS FOR THE SECOND. SECOND. I'LL JUST DO MARK JENSEN, ROBERT'S RULES OF ORDER. I MEAN. OKAY, SO OUR SECOND IS MARK JENSEN. CAST YOUR VOTES. AND THAT PASSES AS WELL. NOW WE [BOARD COMMENTS] HAVE ANY PUBLIC COMMENTS, ANY BOARD COMMENTS. MR. CHAIRMAN, I DO. JUST GOING BACK TO MADISON AND I WOULD HAVE SPOKEN WHEN YOU WERE UP THERE, BUT I HAD TO COMPOSE MYSELF AS WELL. I JUST WANTED TO SAY I FIRST MET MADISON IN 2019. WE WERE IN LEADERSHIP. MCKINNEY TOGETHER, BEST CLASS EVER. AND MY FIRST THOUGHT WHEN I MET HER WAS, WOW, WHAT AN IMPRESSIVE YOUNG LADY. AND NO DOUBT I WAS RIGHT. AND WHEN I JOINED THIS BOARD, SHE WAS SO HELPFUL IN GETTING ME ACCLIMATED AND UP TO SPEED. AND I APPRECIATE THAT. AND I'M SO PROUD OF YOU. AND THANK YOU FOR EVERYTHING YOU'VE DONE. THANK YOU. SECOND, ALL THAT. I SECOND ALL THAT. THANK YOU. ANYBODY [EXECUTIVE SESSION] ELSE? OKAY. WE WILL GO INTO EXECUTIVE SESSION AT 8:29 A.M. IN ACCORDANCE WITH TEXAS GOVERNMENT CODE, SECTION 551071, SUBPARAGRAPH TWO CONSULTATION WITH ATTORNEY ON ANY WORK SESSION. SPECIAL SESSION, REGULAR SESSION AGENDA ITEM NECESSITATING ATTORNEY CLIENT ADVICE OR DISCUSSION OF SAID ITEMS AND LEGAL CONSULTATION ON ANY ITEMS AS POSTED 551072 DELIBERATIONS ON REAL PROPERTY. 551087 DELIBERATIONS REGARDING ECONOMIC DEVELOPMENT MATTERS. ALL OF THOSE MATTERS ARE POSTED IN THE AGENDA AND AT THIS TIME, WE WILL RECESS AND WE WILL BE BACK IN THE EVENT THAT WE NEED TO VOTE ON ANY ITEMS OR TO VOTE TO ARE OUT OF EXECUTIVE SESSION. ARE WE READY? I'M SORRY. READY? READY, READY. SCOTT'S HERE. WE'RE READY. I [00:30:03] KNOW, BUT OUR CRACK STAFF OVER HERE HAS TO BE READY TO. THEY'RE ALWAYS READY. I KNOW. DOING GREAT TODAY, BY THE WAY. YEAH. THE IBM SELECTRIC WAS WORKING REALLY FAST. OKAY, SO [ACTION ON EXECUTIVE SESSION] AT THIS TIME, WE ARE OUT OF EXECUTIVE SESSION. AT 928927, SOMEWHERE IN THERE, BASED ON WHATEVER I SIGNED, AND I'LL ENTERTAIN A MOTION ON ITEM B ON OUR EXECUTIVE SESSION HAVING TO DO WITH DELIBERATIONS ON REAL PROPERTY. I MAKE A MOTION THAT WE AUTHORIZE OUR PRESIDENT TO ENTER INTO A LEASE FOR OUR DISCUSSIONS IN EXECUTIVE SESSION. ALL RIGHT. WE HAVE A MOTION BY LEE. DO WE HAVE A SECOND? SECOND. SERVED A PURPOSE. YOU GOTTA HIT THE BUTTON. THAT HE DID. OKAY. SECOND BY SCOTT WOODRUFF. CAST YOUR VOTES. MOTION PASSES. DOES ANYONE WANT TO MAKE A MOTION TO ADJOURN? MOTION TO ADJOURN. SECOND MOTION BY ROBERT. ROBERT. ROBERT. BOB, AKA MATT. FOR YOU. OH, NO. SECOND BY MARK. WE ARE ADJOURNED. SEE YOU THIS AFTERNOON. * This transcript was compiled from uncorrected Closed Captioning.