Sep 15, 2026 McKinney Economic Development Corporation

AS YOU UNDERSTAND IT, WE'RE GONNA ROLL TABLE THE JUNE 16TH MINUTES, UH, FOR THE NEXT MEETING, PLEASE.

WE CAUGHT A COUPLE TYPOS IN HER THAT NEEDS TO CORRECT.

OKAY, SO WE ARE GOING TO, SO I NEED AN INDIVIDUAL VOTE ON 26 0 9 0 4 2 TABLE, UH, THE APPROVAL OF THOSE MINUTES.

I'LL MOVE SECOND.

I'LL, I'LL, I WAS GONNA SECOND, BUT SOMEBODY'S TRYING TO ADJOURN OUR MEETING DOWN THERE.

THESE GUYS JUST TRYING TO BE HELPFUL.

JULIE, YOU SEE, YOU JUST TRYING TO HELP BRIAN, WHO MADE THE MOTION? I DID.

I SECONDED.

WE HAVE A MOTION BY KURT, SECOND BY MARK.

OH, WHO'S ADJOURNING? WELL, I JUST KEEP HITTING THE MOTION BUTTON.

MOTION CARRY ON.

RAISE YOUR HAND.

WE'RE, WE'RE HAVING A TECHNICAL ISSUE HERE BECAUSE IT SAYS MOTION TO ADJOURN, AND I DON'T THINK WE'RE READY TO DO THAT YET.

BEFORE WE KICK OFF COMMERCIAL SERVICE.

IT'LL BE A QUICK MEETING.

NOW I NEED A MOTION ON 0 9, 0 5, 0 9 0 6 AND 0 9 0 7.

[26-0908 Board and Liaison Updates City of McKinney Community Development Corporation Visit McKinney MEDC Committee Updates Board Chairman]

OUR REPORTS, 26 0 9 0 8.

UH, YOU'RE UP SUBBING IN FOR MR. GRIMES, BRINGING IN THE BIG DOC.

THANK YOU MR. CHAIRMAN, MEMBERS OF THE BOARD, MR. PRESIDENT TREVOR MENARD, ASSISTANT CITY MANAGER.

I AM SUBBING IN FOR MR. GRIMES.

HE IS CURRENTLY KICKING OFF A THREE DAY, UH, TRAINING AND DEVELOPMENT SESSION FOR ABOUT 36 EMPLOYEES THAT ARE FAIRLY NEW TO THE ORGANIZATION, UH, RIGHT ACROSS THE BREEZEWAY.

SO, AS YOU FINISH UP YOUR MEETING, SWING BY SAY HI.

UH, JUST A COUPLE UPDATES.

ON THE 1ST OF SEPTEMBER, THE CITY COUNCIL ADOPTED THE 2027 BUDGET OF $880 MILLION FOR ALL FUNDS, 246 AND A HALF MILLION DOLLARS FOR THE GENERAL FUND.

THEY DID THAT WITH BY MAINTAINING THE CURRENT TAX RATE.

SO OUR TAX RATE DID NOT CHANGE.

IT IS RIGHT AT 41 CENTS.

UM, SO WE ARE OFF TO THE RACES STARTING ON OCTOBER ONE WITH THE 2027 BUDGET.

IN ADDITION, I JUST WANTED TO LET EVERYONE KNOW THE AIRPORT COMMERCIAL TERMINAL IS VERY, VERY MUCH CLOSE, UH, TO BEING COMPLETE.

UH, THEY WILL START SERVICE ON NOVEMBER 11TH ON VETERANS DAY.

SO, UH, MAKE SURE THAT AS YOU RECEIVE INVITATIONS FROM THE AIRPORT STAFF TO GO OUT AND CHECK THAT OUT, THAT YOU GO SEE RIGHT NOW.

UM, WE ANTICIPATE THAT THE SECURITY WILL BE TRANSITIONED OVER TO THE TSA HERE IN THE COMING WEEKS, AND ACCESS TO THE FACILITY WILL BE MUCH DIFFERENT.

UM, FINALLY TONIGHT, I JUST WANNA GIVE YOU A COUPLE OF UPDATES ON WHAT THE COUNCIL WILL BE CONSIDERING.

UM, AS IT RELATES TO THE AIRPORT.

THEY'RE GONNA HAVE THE PARKING FACILITY AGREEMENT GET APPROVED, UH, OR BE CONSIDERED BY THE COUNCIL, UH, TO GET THE PARKING VENDOR, UH, IN

[00:05:01]

THERE'S GONNA BE A PRETTY SIGNIFICANT DESIGN ITEM FOR APEX NORTH.

THIS IS THE SECOND APEX FACILITY THAT WAS APPROVED BY THE VOTERS IN THE 2024 BOND.

SO THAT DESIGN CONTRACT WILL GO THIS EVENING TO GET THAT UNDERWAY.

AND THEN WE WILL ALSO BE CONSIDERING, UM, OR OFFERING FOR CONSIDERATION A CHANGE TO THE DOWNTOWN ZONE, UH, REDEVELOPMENT PARK FEES, UH, TO HAVE A CAP FOR FOLKS THAT ARE REDEVELOPING OR BUILDING HOMES, SINGLE FAMILY HOMES IN THE DOWNTOWN AREA, SPECIFICALLY THE HISTORIC NEIGHBORHOOD IMPROVEMENT ZONE.

AND THEN FINALLY, I JUST WANNA PROVIDE A CONGRATULATIONS TO MR. WARNER.

AND, UM, HE'S GONNA BE JOINING YOUR TEAM AND HE'S, HE'S UNDER THAT VISIT MCKINNEY UMBRELLA, BUT HE IS VERY MUCH A MEMBER OF THE CITY STAFF AND, UH, WE HOLD HIM NEAR AND DEAR TO OUR HEART.

SO I JUST WANNA CONGRATULATE HIM.

AARON AND I HAVE WORKED TOGETHER, UH, KIND OF SIDE BY SIDE FOR A DECADE OR SO, AND YOU GUYS COULDN'T HAVE SELECTED A, A BETTER PROFESSIONAL TO HELP JOIN YOUR TEAM AND, UH, HELP SUPPORT KOWSKI AND THE REST OF THE STAFF.

SO, JUST WANNA CONGRATULATE HIM AND I'M HAPPY TO STAND FOR ANY QUESTIONS YOU MAY HAVE.

ANY QUESTIONS? NO QUESTIONS.

UH, CINDY, M-E-D-C-M-C-D-C, EXCUSE ME, COMMUNITY DEVELOPMENT CORPORATION.

GOOD MORNING, MR. CHAIRMAN, MEMBERS OF THE BOARD, MR. PRESIDENT, HAPPY TO BE HERE TODAY.

CINDY SCHNEIDER WITH MCDC.

A COUPLE OF UPDATES THAT I WANTED TO HIGHLIGHT FOR YOU.

IT'S, IT FEELS LIKE IT'S BEEN A WHILE SINCE I'VE BEEN HERE, AND WE'VE BEEN BUSY THIS SUMMER ON OUR, DURING OUR GRANT CYCLES.

UM, CDC AWARDED 16 PROMOTIONAL GRANTS FOR EVENTS THAT ARE TAKING PLACE THIS FALL.

AND THEN EARLY, UM, NEXT YEAR AT OUR LAST MEETING, WE APPROVED SEVERAL PROJECT GRANT LAST TWO MEETINGS, SEVERAL PROJECT GRANT REQUESTS, INCLUDING ONE FOR THE, UM, FOR MCKINNEY ROOTS, UH, THROUGH THE SEED PROJECT FOUNDATION FOR THE RELOCATION AND EXPANSION FROM THEIR CURRENT LOCATION UP ON 1461 TO, UH, GREAT BRANCH PARK INFRASTRUCTURE IMPROVEMENTS THERE APPROVED, UM, FUNDING FOR AN EXHIBIT AT HERD WILDLIFE MUSEUM.

AN INSECT EXHIBIT A BUG ABODE, WHICH WOULD BE INTERESTING TO SEE.

AND THEN ALSO COMMON GOOD MEDICAL IS, IS RELOCATING AND EXPANDING THEIR FREE CLINIC SERVICES.

WE, UH, PROVED A GRANT TO FUND INFRASTRUCTURE IMPROVEMENTS.

THEY'RE PLANNING TO KEEP THEIR PEDIATRIC SERVICES ON THE MART WHERE THEY ARE CURRENTLY, BUT THEN ARE, WE'LL HAVE AN EXPANDED PRESENCE ON VIRGINIA THAT WILL INCLUDE IMAGING, WHICH IS A NEW, UM, VENTURE FOR THEM.

UM, IF YOU, I DON'T KNOW IF YOU ALL GO TO THE MCKINNEY FARMER'S MARKET, BUT VOTING IS CURRENTLY UNDERWAY FOR BEST FARMER'S MARKET IN TEXAS.

SO IF YOU HAVE NOT VOTED, PLEASE DO SO.

IF YOU NEED A LINK TO THE VOTING, I'M HAPPY TO DO THAT.

I THINK THEY'VE WON THE PAST THREE YEARS FOR BEST IN TEXAS, SO WE WANT TO TRY TO MAINTAIN THAT RECORD.

AND THE LAST THING IS, UM, AS WE'RE COMING TO THE, OH, I WANT US TO MENTION WE HAVE A REVAMPED WEBSITE REDESIGNED THAT IS MORE INFORMATIVE AND EASIER TO NAVIGATE.

SO PLEASE CHECK THAT OUT MCKINNEY CDC.ORG.

AND AS WE'RE COMING TO THE END OF, UH, THE CURRENT FISCAL YEAR, JUST WANTED TO THANK YOU ALL FOR YOUR SERVICE ON EDC AND TO THE CITY AND FOR THE COLLABORATION WITH CDC.

I THINK WHEN COLLABORATION HAPPENS, GOOD THING HAS GOOD THINGS HAPPEN IN THE CITY.

AND I'LL ADD MY CONGRATS ON, UH, AARON'S HIRE.

LOOK FORWARD TO HAVING HIM JOIN THE OFFICE COMPLEX , THE DISTRICT 1 21 DOWN.

I'M HAPPY TO STAND FOR ANY QUESTIONS.

ANY QUESTIONS? SEND US THAT, UH, LINK, IF YOU DON'T MIND, TO HEARD FARMERS' MARKET.

ANYBODY ELSE? THANK YOU.

AARON VINCENT MCKINNEY FOR THE LAST TIME, LAST TIME.

GOOD MORNING, MR. CHAIRMAN.

MR. PRESIDENT, MEMBERS OF THE BOARD, AARON WERNER, EXECUTIVE DIRECTOR AT VISIT MCKINNEY FOR THE LAST TIME AT THE DAAS, UH, PRESENTING TO YOU GUYS.

UM, NO, YOU'LL BE PRESENTING AGAIN.

CHANNEL IN DFW PICKED IT UP MULTIPLE TIMES.

AS EXECUTIVE DIRECTOR OF VISIT MCKINNEY.

LET ME CLARIFY.

THANK YOU VERY MUCH.

UH, TODAY I'M GONNA TALK ABOUT SOMETHING I DON'T TALK ABOUT AT A DAIS VERY OFTEN, WHICH IS TURKEYS, UH, VISIT MCKINNEY LAST YEAR, WE, UH, WE EXPANDED ON THE, UH, INFLATABLE TURKEYS THAT ARE ALL AROUND DOWNTOWN MCKINNEY AND KIND OF HELP, UH, BRING THAT INTO THE LIGHT AND, UH, SHOWCASE THAT TO, UH, ALL OF OUR REGIONAL NEIGHBORS THAT MCKINNEY DOES THIS REALLY QUIRKY, FUN THING.

UH, WE HAD OVER 400 RESIDENTS SUBMIT TO THE VISIT MCKINNEY WEBSITE LAST YEAR, A PICTURE OF THEIR TURKEY IN THEIR FRONT YARD NAMING THEIR TURKEY, AND A STORY ABOUT THEIR TURKEY, UH, WHICH ALL WENT ON A MAP SO THAT PEOPLE COULD SEE HOW MANY INFLATABLE TURKEYS THERE WERE IN MCKINNEY, TEXAS.

UH, WE EVEN HAD PEOPLE IN ANNA AND MELISSA TRY TO SUBMIT TURKEYS, AND WE DENIED THEM AND TOLD THEM TO MOVE TO MCKINNEY IF THEY WANT TO BE ON OUR MAP.

AND SO, UH, THIS YEAR AFTER THAT WENT SO WELL.

AND EVERY NEWS

[00:10:01]

WE'RE GONNA GO EVEN BIGGER.

AND SO WE'RE INSTALLING A 20 FOOT INFLATABLE TURKEY IN MITCHELL PARK.

WHEN YOU DRIVE INTO DOWNTOWN MCKINNEY.

UH, THERE WILL BE A, A MONUMENT SIGN PLACED NEXT TO IT THAT'S REALLY COOL LOOKING.

IT SAYS, UH, MCKINNEY TEXAS, THE INFLATABLE TURKEY CAPITAL OF TEXAS .

UH, AND, UH, WE'RE GONNA REALLY PLAY THAT UP AGAIN THIS YEAR.

AND THE REASON I BRING IT UP NOW IS BECAUSE THE LINK TO, UH, TO GO OUT TO RESIDENTS TO START COLLECTING TURKEYS AND ADDRESSES IS ABOUT TO GO LIVE SO THAT WE CAN GET A HEAD START ON WHO IS GOING TO HAVE AN INFLATABLE TURKEY.

SO, STAY TUNED.

IF YOU WANT TO PARTICIPATE, WE'D LOVE TO HAVE YOU ON THE MAP.

UH, OUR OFFICE AS WELL OVER AT VISIT MCKINNEY IS UNDERGOING A RENOVATION.

WE HAD TO DO SOME MAINTENANCE.

WE'RE ALSO DOING SOME CHANGES TO THE LAYOUT OF THE OFFICES.

SO WE'RE GONNA HAVE, WE'RE JUST GONNA BE FLEXIBLE OVER THE NEXT MONTH AND A HALF ON HOW, WHAT HOURS WE CAN STAY OPEN WITH THE VISITOR CENTER.

WE'RE GONNA UTILIZE OUR WEBSITE AND SOCIAL MEDIA TO KEEP EVERYBODY UP TO DATE ON THAT.

UH, WE WANNA STAY OPEN AS MUCH AS POSSIBLE, BUT WE ALSO DON'T WANNA SLOW DOWN, UH, CONSTRUCTION AND GET OPEN FOR, UM, THE, THE CHRISTMAS SEASON.

SO, UH, IF YOU ARE EVER ENTERING THE VISIT MCKINNEY STORE FOR ANY REASON, MAYBE CHECK SOCIAL MEDIA FOR JUST A LITTLE WHILE, UM, AND MAKE SURE WE ARE OPEN.

THE LAST THING I'LL TOUCH ON TODAY, UH, REALLY FOR OUR MAIN STREET TEAM, 'CAUSE THEY'RE NOT IN THE ROOM, IS MCKINNEY OCTOBERFEST.

WE'RE JUST A COUPLE WEEKENDS AWAY FROM ONE OF MCKINNEY'S, UH, LARGEST EVENTS IN DOWNTOWN 70,000 PEOPLE, UH, COMING TO THE DOWNTOWN SQUARE TO SEE WHAT MCKINNEY'S ALL ABOUT.

AND, UH, WE'RE EXCITED FOR THEM.

THAT'S A TON OF WORK.

IT'S A HUGE LIFT ON THAT TEAM.

AND, UH, SO WE'RE ROOTING 'EM ON AND READY FOR A GREAT WEEKEND.

AND WITH THAT, I'LL STAND FOR ANY QUESTIONS.

SO, WHAT'S THE TURKEY'S NAME? THE, YOU KNOW, I DON'T KNOW THE TURKEY'S NAME.

I'M GONNA HAVE TO ASK THE MARKETING TEAM WHAT THE TURKEY'S NAME IS.

I'M SURE THEY HAVE A NAME.

YES.

ANY OTHER QUESTIONS? NO.

THANK YOU GUYS.

OUR, UH, MONTHLY REPORTS FROM MR. KOWSKI.

OUR NEXT COMMITTEE UPDATES, UH, MARKETING NOTHING TO REPORT REAL ESTATE.

YES, SIR.

WE MET LAST WEEK, UH, HAVE SEVERAL ITEMS TO DISCUSS, UH, TODAY IN THE EXECUTIVE SESSION FINANCE.

UH, NO SIR.

INNOVATION.

UH, YES.

WE MET, WENT THROUGH, UM, A PRETTY IMPRESSIVE PRESENTATION FROM TROY ON, UM, GETTING THE TOP VENTURE CAPITALISTS IN NORTH TEXAS INTO OUR BUILDING, WHICH WAS BRILLIANT.

UM, WE'RE ALSO WORKING THROUGH, UH, THE SPECIFICS ON A POSSIBLE EXTENSION WITH PLUG AND PLAY.

OKAY, GREAT.

AND GOVERNANCE DID MEET AND, UH, DISCUSS SEVERAL THINGS, AND WE WILL BE GOING OVER THE, UH, PRESIDENT'S REVIEW, UH, IN EXECUTIVE SESSION.

SO THAT'S THAT.

SO, BOARD CHAIRMAN, UH, NOT A LOT TO, I, I'LL RESERVE A LOT OF MY COMMENTS FOR THE, UH, AGENDA ITEM ON, ON OUR ESTEEMED MEMBERS WHO ARE NO LONGER GOING TO BE WITH US.

BUT, UH, A COUPLE THINGS I DID WANNA MENTION KIND OF LEADING INTO THAT AS WE GET TO THAT ITEM IS, UH, YOU, YOU KNOW, A LOT OF WHAT THE MEDC DOES, UH, UH, SOMEWHAT GOES UNNOTICED.

UH, I MEAN, EVERY ONCE IN A WHILE YOU SEE A STORY OUT THERE, BUT IT SOMEWHAT GOES UNNOTICED.

AND A LOT OF THE PROJECTS THAT WE DO, UH, THERE ARE THE, THE CORPORATE PROJECTS THAT YOU DO SEE, LIKE, UH, GLOBE LIFE AND ALL THAT ALONG THE HIGHWAY.

THERE'S A LOT THAT'S HAPPENING OUT, UH, EAST, UH, ON THE EAST SIDE OF MCKINNEY AS IT RELATES TO DEVELOPMENT, ESPECIALLY IN THE, UH, UH, UH, LIGHT INDUSTRIAL TECHNOLOGY SECTORS.

BUT I WANTED TO POINT OUT THAT, UH, YOU KNOW, JUST WITH REGARD TO THIS BOARD, UH, THAT'S SITTING TODAY, AND WE HAVE TWO MEMBERS THAT ARE LEAVING THAT OVER THE LAST SEVERAL YEARS THAT THIS BOARD'S BEEN IN PLACE, UH, THE MEDC HAS APPROVED, AND WE'VE SEEN, UH, APPROXIMATELY $1.5 BILLION IN COMMERCIAL DEVELOPMENT HAPPENED IN MCKINNEY, TEXAS BECAUSE OF THE WORK OF OUR CITY COUNCIL AND OUR, OUR BOARDS, THE MEDC, THE MCDC THAT ALL PARTICIPATE IN THESE PROJECTS.

AND THEN JUST, UH, JUMPING ON, UH, TREVOR'S COMMENTS ABOUT THE TAX RATE.

UH, YOU KNOW, THAD, YOU MAY REMEMBER THIS BACK WHEN WE FIRST STARTED ON COUNCIL BACK IN, IN FACT, YOU WERE BEFORE ME, BUT THE LATE NINETIES 2000, 2001, THE TAX RATE IN CITY OF MCKINNEY WAS ABOUT 61 CENTS PER HUNDRED.

AND, UH, LITERALLY EVERY YEAR FROM 2002 THROUGH, NOW, THAT TAX RATE HAS BEEN COMING DOWN, UH, EVEN THROUGH RECESSIONARY TIMES.

SO WHEN YOU SEE A TAX RATE OF 41 CENTS PER HUNDRED, I THINK THAT IT'S, IT'S IMPORTANT TO POINT OUT THAT, THAT A LOT OF THAT HAS HAPPENED BECAUSE OF, OF THE COMMERCIAL DEVELOPMENT.

OBVIOUSLY RESIDENTIAL DEVELOPMENTS ALSO HAPPENED IN THE CITY, BUT, UH, UH, THE CITY HAS CONSISTENTLY REDUCED THEIR TAX RATE, UH, OVER THAT PERIOD OF TIME SIGNIFICANTLY.

SO I WANNA CONGRATULATE THE CITY COUNCIL ON THEIR EFFORTS TO KEEP, UH, UP WITH THAT POLICY OF, OF TRYING TO MAINTAIN A LOW TAX RATE IN THE CITY OF MCKINNEY WHILE ADVANCING OUR GROWTH IN ECONOMIC DEVELOPMENT AND PROSPERITY THAT THIS CITY IS KNOWN FOR THROUGHOUT THE

[00:15:01]

COUNTRY.

AND WITH THAT, UH, WE WILL GO ON TO

[26-0909 Consider/Discuss MEDC Monthly Reports]

THANK YOU, MR. CHAIRMAN.

I'M GONNA SPRINGBOARD OFF YOUR COMMENT ABOUT PROJECTS SINCE WE LAST MET.

WE HAD A FANTASTIC CEREMONIAL GROUNDBREAKING FOR LIGHT ON, THAT'S OUR, OUR TAIWANESE PARTNER LOCATED INTO MCKINNEY WHO'VE COMMITTED $919 MILLION, UH, AND 600 PERMANENT JOBS IN OUR GREAT CITY.

UH, THAT CEREMONY WAS A FANTASTIC LEADERSHIP FROM THE COMPANY WAS THERE ALONG WITH STATE LEADERSHIP.

UM, AND OF COURSE, UH, THE MAYOR SPOKE AND CHAIRMAN LAME SPOKE AS WELL.

YOU KNOW, THOSE THINGS KIND OF RISE INTO THE MEDIA PRESENCE FOR A WEEK AND WEEK AND A HALF AND GET THEIR DUE SHARE OF CELEBRATION.

AND TO ECHO YOUR THOUGHTS, WE NEED TO MAKE SURE WE GET THAT FRONT AND CENTER.

SUCH AN IMPORTANT PROJECT FOR THE CITY AND WHAT IT'S DONE FOR US FROM A STAFF LEVEL.

NOW WE'RE GETTING MORE AND MORE CALLS IN THE SAME TYPE OF, UM, TECHNOLOGY SECTOR.

WE'RE LOOKING TO COME TO MCKINNEY, YOU KNOW, ONCE ONE, THE LEADERS CHOOSES A CITY THAT SIGNALS TO THE GLOBAL MARKET SPACE THAT MCKINNEY IS A GREAT PLACE TO DO BUSINESS AND WE GET THINGS DONE.

SO, UH, JUST WANNA MAKE SURE WE SPOTLIGHT THAT EVENT.

UH, AND WITH THAT, I'LL LET ASK OUR, UM, MARKETING AND SOCIAL MEDIA MANAGER, LUKE KARI, TO SPEAK ABOUT, UH, HIS METRICS FOR THE MONTH.

GOOD MORNING, MR. PRESIDENT, CHAIRMAN, MEMBERS OF THE BOARD, UM, LUKE GAJA, SOCIAL MEDIA MARKETING MANAGER FOR THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION.

HERE TO PRESENT JUST A FEW METRICS.

AS ALWAYS, THE FULL REPORT OF ALL THE CONTENT MEDIA ADVERTISING IS IN YOUR, UH, AGENDA.

YOU CAN VIEW THAT FOR MORE.

I WILL JUST POINT OUT ON OUR EMAIL NEWSLETTER OPEN RATE.

SOMETHING SURPRISING THIS MONTH IS THAT WE PIVOTED IN APRIL TO A MONTHLY CADENCE OF NEWSLETTERS RATHER THAN QUARTERLY.

AND OUR OPEN RATE AND CLICK THROUGH RATE HAS ACTUALLY GONE UP.

SO THE MORE EMAILS WE SEND, THE MORE PEOPLE ARE OPENING THEM, WHICH IS INTERESTING TO THINK ABOUT.

AGAIN, JUST A REFLECTION ON THE WORK OF THIS BOARD AND OUR TEAM TO AMPLIFY THIS MCKINNEY STORY.

UM, YOU CAN ALSO SEE WE'VE BEEN PRETTY ACTIVE WITH COMMUNITY AND INDUSTRY PRESENTATIONS, AS WELL AS OUR BRE PROGRAM, MAINTAINING A LOT OF STRENGTH THANKS TO THE EFFORTS OF MIRANDA ESTRADA.

UH, I'LL ALSO JUST ADD TO THIS SLIDE THAT'S NOT IN YOUR PACKET.

UH, THE FACT THAT WE HAVE DONE A PRETTY THOROUGH AUDIT THANKS TO SHANNON ROBERTS OF OUR SPONSORSHIPS AND PARTNERSHIPS THAT WE INVEST IN MAKING SURE THAT WE'RE STEWARDING THE DOLLARS THE BEST WE CAN TO PRODUCE AN ROI ON VARIOUS EVENTS, SPONSORSHIPS, GOLF TOURNAMENTS, THINGS LIKE THAT.

SO THAT'S SOMETHING YOU'LL SEE IN THE COMING MONTHS AS WE BE CONTINUE TO AUDIT THOSE PROCESSES AND PROVIDE IMPACTFUL ROI DATA BEHIND THOSE DECISIONS.

UM, WITH THAT, I WILL STAND FOR ANY QUESTIONS.

QUESTIONS FOR LUKE.

THANKS, SIR.

THANK YOU ALL VERY MUCH.

SO NEXT WE

[26-0910 2026 Business Retention & Expansion Program Update]

HAVE 26 0 9 1 0 20 26, BUSINESS RETENTION AND EXPANSION PROGRAM UPDATE.

UH, THANK YOU MR. CHAIRMAN.

WE LOVE TO SPOTLIGHT WHAT WE'RE DOING, UH, FRONT AND CENTER AND BEHIND THE SCENES.

AND IN BETWEEN MY COLLEAGUES GONNA COME UP HERE AND GET, UH, GET SITUATED WHILE I MAKE AN INTRODUCTION.

IT'S IMPORTANT TO UNDERSTAND THAT WHILE ATTRACTION DOES MOVE THE NEEDLE FOR US, IT'S THE RETENTION AND EXPANSION OF CURRENT BUSINESSES THAT REALLY IS ART AND SOUL OF WHAT WE DO EVERY SINGLE DAY IN OUR ORGANIZATION.

MY COLLEAGUE'S GONNA SPEAK ABOUT THAT AND WALK US THROUGH WHAT'S HAPPENING THIS, UH, THIS PAST YEAR AND MAYBE A SNEAK PEEK OF SOME ACTIVITIES GOING FORWARD.

SO PLEASE.

WELL, GOOD MORNING, MR. CHAIRMAN, MEMBERS OF THE BOARD, I, MR. PRESIDENT, I'M SO EXCITED TO BE HERE THIS MORNING TO SHARE AN UPDATE ON OUR BUSINESS RETENTION AND EXPANSION.

OUR BRE PROGRAM, GROWING BUSINESSES ARE GROWING RIGHT HERE IN MCKINNEY.

OVER THE LAST FIVE YEARS, B-R-E-E-D-C FUNDED PROJECTS HAVE ADDED $541 MILLION IN VERIFIED CAPITAL AND INFRASTRUCTURE INVESTMENT IN OUR COMMUNITY.

ADDITIONALLY, THESE PROJECTS HAVE CREATED 1800 NEW JOBS, PROVIDING OPPORTUNITIES NOT ONLY FOR MCKINNEY, BUT ALSO COL COUNTY AND THE NORTH TEXAS REGION.

IN THE LAST 10 YEARS, EDC FUNDED PROJECTS REPRESENTED $1.3 BILLION OF THE CITY'S COMMERCIAL VALUE INCREASE.

34% OF THAT CAME FROM COMPANIES ALREADY HERE IN MCKINNEY, CHOOSING TO FURTHER INVEST IN OUR CITY.

I'M MIRANDA ESTRADA, ECONOMIC DEVELOPMENT SPECIALIST, AND I HAVE THE PRIVILEGE OF WORKING WITH OUR EXISTING BUSINESSES TO HELP THEM STAY, GROW AND INVEST IN MCKINNEY.

AND WE SEE THAT WORK ACROSS A VARIETY OF BUSINESSES.

WE SEE IT IN CORPORATE HEADQUARTERS LIKE GLOBAL LIFE, CHOOSING TO STAY IN MCKINNEY, CREATING NEW JOBS AND RETAINING OVER 600 JOBS.

WE SEE IT IN NEWER ENTREPRENEUR LED FAST GROWING COMPANIES LIKE INNOVATIVE LIFE SCIENCES, CHOOSING TO FURTHER INVEST IN THEIR MCKINNEY OPERATIONS.

AND WE ALSO SEE IT IN COMPANIES THAT HAVE GROWN ALONGSIDE THE CITY LIKE ENCORE WIRE, A SIAN BRAND, AND ITS RECENT $500 MILLION INVESTMENT IN ITS MCKINNEY OPERATIONS.

OUR GOAL AS A COMMUNITY IS TO CREATE RELATIONSHIPS

[00:20:01]

AND BE BUILT ON THOSE.

AND THAT'S AT THE CORE OF WHAT OUR BRE WORK DOES.

WE WORK TO BUILD RELATIONSHIPS WITH OUR EXISTING MCKINNEY BUSINESSES, AND THAT'S NOT DONE IN A VACUUM.

UH, THESE DOCUMENTS WILL LOOK FAMILIAR TO YOU.

THERE ARE FY 26 STRATEGIC GOALS ADOPTED BY COUNCIL, AND THEN OUR AGILE STRATEGY PLAN ADOPTED BY YOU ALL.

THE PRIMARY WAY THAT WE WORK TO BUILD THOSE, UH, RELATIONSHIPS IS THROUGH OUR BRE VISITS.

THE COUNCIL GOAL FOR FY 26, WE'RE 80 VISITS WITH 20 OF THOSE BEING NEW COMPANIES WE'VE NEVER VISITED BEFORE.

AS OF AUGUST 31ST, OUR TEAM HAS COMPLETED 114 TOTAL VISITS WITH A YEAR LEFT IN THE FISCAL.

AND SO HOW DO WE DO THAT? RIGHT? WHAT DOES THAT LOOK LIKE? AND THE TRUTH IS, BRE VISITS CAN LOOK VERY DIFFERENT.

SO IN THE LAST YEAR, WE'VE WORKED TO ADOPT A CLASSIFICATION SYSTEM THAT REALLY CATEGORIZES THE DIFFERENT TYPES OF VISITS WE GO ON.

WHAT DOES THAT LOOK LIKE? SO IMAGINE YOU'RE AT INNOVATION UNWIND COMING UP IN THE NEXT FEW WEEKS, UM, AND YOU'RE HAVING A CONVERSATION WITH THE MCKINNEY COMPANY.

MAYBE THIS IS THE FIRST TIME THEY'VE INTERACTED WITH THE EDC BEFORE, MAYBE THEY KNOW A LITTLE BIT ABOUT IT.

SO YOU TAKE THE TIME TO EXPLAIN WHAT THE EDC IS, THE RESOURCES THAT WE OFFER YOU.

MAYBE TAKE THEM OVER TO TROY AND INTRODUCE THEM.

AND SO YOU CAN TELL THEM MORE ABOUT OUR INNOVATION FUND.

THAT'S AN INFORMAL ENGAGEMENT THAT LOOKS VERY DIFFERENT FROM, SAY, A FORMAL BUSINESS VISIT WHERE WE HAVE THE OPPORTUNITY TO GO TO A MCKINNEY LOCAL EMPLOYER, USUALLY DO A TOUR OF THEIR OPERATIONS, MEET WITH THEIR LEADERSHIP AND C-SUITE TEAM, AND HAVE CONVERSATIONS.

THEY SHARE BUSINESS UPDATES.

WE SHARE UPDATES ABOUT OUR COMMUNITY THAT'D BE CLASSIFIED UNDER A FORMAL VISIT.

BOTH ARE VERY DIFFERENT, RIGHT? BUT BOTH ARE INCREDIBLY VALUABLE.

ON THE RIGHT HAND SIDE, YOU'LL SEE OUR MONTH TO MONTH ACTIVITY, YOU'LL NOTICE A LARGE INCREASE IN MAY.

OF COURSE.

NOW WITH THE CLASSIFICATION SYSTEM, WE WERE ABLE TO BETTER TRACK OUR CONVERSATIONS AROUND THE BYRON NELSON, WHERE WE HAVE VARIOUS BUSINESS INTERACTIONS THROUGHOUT THE WEEK.

AND SO THROUGHOUT THESE VISITS, UM, OUR BIGGEST GOAL IS TO GET INFORMATION RIGHT AND LISTEN AND LEARN AND SUPPORT OUR COMPANIES.

AND REALLY, WE TOOK THE INSIGHT THIS YEAR AND TURNED IT INTO SOMETHING ACTIONABLE.

WE LAUNCHED OUR MCKINNEY LOCAL BUSINESS RESOURCE GUIDE, AND IT'S AN EVOLVING BUSINESS GUIDE THAT HAS ALL OF THE COMMON KEY CONNECTIONS AND RESOURCES THAT WE POINT PEOPLE TO IN ONE SPECIFIC PLACE.

THE GREAT THING IS THAT IT'S A LIVING RESOURCE, SO WE'RE ABLE TO UPDATE IT AS RESOURCES AND INFORMATION AND CONTACTS CHANGE.

IT'S REALLY IMPORTANT TO NOTE THAT BRE WORK DIDN'T START IN 2025.

TRULY, BRE WORK HAS BEEN A PART OF THIS ORGANIZATION SINCE ED C'S INCEPTION.

HOWEVER, IN 2025, WE LOOKED TO KIND OF JUST BUILD ON THAT FOUNDATION.

WE LAUNCHED BRE ACTIVATIONS, WHICH ALLOW US TO GO AND TARGET A SPECIFIC AREA OF THE CITY, MAYBE A SPECIFIC SECTOR OF EMPLOYMENT, AND REALLY DO TARGETED OUTREACH TO THOSE COMPANIES.

IN 2026, WE JUST LOOKED TO CONTINUE BUILDING ON THAT.

WE LAUNCHED THE EDC BUSINESS RESOURCE GUIDE AS A WAY TO CONNECT WITH LOCAL EMPLOYERS AND GIVE THEM THE INFORMATION THEY NEED.

AND THEN IN 2026 FOR Q4, WE'LL JUST LOOK TO STRENGTHEN THAT DATA.

WE'LL LOOK AT OUR CRM, MAKE SURE IT HAS THE COMPLETE BUSINESS INFORMATION, AND WE'LL JUST CONTINUING ON OUR BUSINESS ON MEETING WITH COMPANIES.

AND THEN 2027, IT'S JUST BUILDING ON THAT MOMENTUM, RIGHT? WE'LL DO A FOLLOW UP TO THE BRE STUDY.

WE'LL ALSO LOOK AT OPPORTUNITIES TO JUST FURTHER SUPPORT THE BUSINESS COMMUNITY.

AND AS THEY CONTINUE TO EVOLVE, OUR GOAL IS TO KEEP OUR PROGRAM EVOLVING AS WELL.

I WANTED TO TAKE A MOMENT JUST TO SAY THANK YOU FOR ALL THAT YOU DO.

RIGHT? NONE OF THIS WOULD HAPPEN WITHOUT THE SUPPORT OF OUR BOARD AND ALL THAT YOU DO TO SUPPORT EXISTING BUS THE BUSINESS COMMUNITY.

AND WITH THAT, I WILL STAND FOR QUESTIONS AND WELCOME FEEDBACK.

SO, MIRANDA, WHEN I, WHEN I FIRST JOINED THE BOARD, THERE WAS, IT WAS A STRUGGLE SOMETIMES TO GET COMPANIES TO MEET WITH US.

UM, CLEARLY YOU ALL HAVE DONE SUCH A GREAT JOB WITH THE PROGRAMMING.

THAT'S, THAT'S GOTTEN A LOT BETTER.

BUT I AM CURIOUS, ARE YOU STILL, DO YOU STILL STRUGGLE WITH THAT? DO COMPANIES, ARE THEY OPEN TO ARMED TO SIT DOWN WITH US? FOR THE MOST PART, THEY REALLY ARE.

AND I THINK IT'S BECAUSE, UM, MADISON CLARK AND SO MANY OTHER, OTHER TEAM MEMBERS ARE OUT IN THE COMMUNITY AND MYSELF INCLUDED, RIGHT? AND SO IT'S BEEN MAINLY TOO ABOUT TRYING TO FIND OTHER CONNECTIONS IN THE, IN THE COMPANIES AS WELL.

SO WE MAY NOT ALWAYS GET A MEETING WITH THE CEO, BUT THERE ARE A LOT OF OTHER BIG PLAYERS THAT ARE INVOLVED THROUGH LEADERSHIP MCKINNEY OR THE CHAMBER THAT WE'RE ABLE TO MEET WITH.

SO I, I WENT, I DON'T MAKE EVERY OPPORTUNITY TO VISIT A BUSINESS WITH YOU ALL, BUT A COUPLE STAND OUT.

I WENT, UH, ON A VISIT TO, UH, TO BAYLOR AND WE HAD THE CEO OF THE HOSPITAL SPEND LIKE THREE HOURS WITH US.

I WENT TO A VISIT AT RAYTHEON AND THE INDIVIDUAL THAT RUNS ALL OF MANUFACTURING FOR THAT DIVISION WALKED US THROUGH.

AND THEN THE GUY THAT RUNS ALL NEW TECHNOLOGY EXPLAINED IN TREMENDOUS DETAIL, ALL THE SENSORS AND ALL THE COOL STUFF THEY DO, I MEAN, IT'S REALLY FUN.

BUT MY POINT IS,

[00:25:01]

YOU DON'T GET THAT LEVEL OF ATTENTION UNLESS YOU'VE BUILT A RELATIONSHIP WITH THOSE COMPANIES.

AND I THINK IT'S, IT'S REALLY GOOD.

IT'S, IT'S OUTSTANDING WORK.

YOU KNOW, SINCE, UH, DIRECTOR MADISON CLARK, UH, MOVED ON TO, UH, A DIFFERENT POSITION IN NEIGHBORING CITY, UH, WE HAVE NOT LOST A BEAT.

HAVEN'T SKIPPED A BEAT, HAVEN'T, YOU KNOW, LOST ANY MOMENTUM.

SO I WANTED TO PUBLICLY THANK MIRANDA FOR ALL SHE DOES TO KEEP IT GOING.

SO THANK YOU MIRANDA.

AWESOME.

[26-0911 Consider/Discuss/Act on a Resolution Recommending Approval of a Certain Budget Amendment to the Fiscal Year 2025-2026 Annual Budget Related to the Cannon Beach Development Agreement]

ALRIGHT.

26 0 9 1 1.

CONSIDER, DISCUSS, ACT ON RESOLUTION, RECOMMENDING APPROVAL OF A CERTAIN BUDGET AMENDMENT TO FISCAL YEAR 20 25, 26 ANNUAL BUDGET RELATED TO THE CANON BEACH DEVELOPMENT AGREEMENT.

MR. CHAIRMAN, I'LL KICK IT OFF.

I'LL BE A FEW COMMENTS HERE.

UM, IT'S ALWAYS NICE TO SEE MCKINNEY IN A NEWSPAPER.

IT'S ALWAYS NICE TO SEE CANON BEACH PROMOTED.

UH, HOWEVER, UH, SOME OF THE FACTS BEING PRESENTED MAY NOT BE PERFECTLY CLEAR.

THIS IS NOT A NEW INCENTIVE AGREEMENT, THIS IS NOT A NEW DEAL POINT.

THIS IS NOT A RESTRUCTURING OF THE CURRENT AGREEMENT AS WE KNOW UP HERE.

UH, CHANCELLOR, WALK US THROUGH THIS BUDGET APPROPRIATION AND WE'LL GO FROM THERE.

SO I'LL BE, UM, BRIEF AND MAINLY BE HERE TO ANSWER ANY QUESTIONS YOU HAVE ON IT.

BUT AGREE, THIS IS NOT A NEW INCENTIVE.

THIS IS FOR THE AGREEMENTS THAT YOU ALL SIGNED OVER THE PAST YEAR.

AND THIS GIVES OUR ACCOUNTING TEAM THE ABILITY TO ACCOUNT FOR THOSE TRANSACTIONS.

SO, UMM NOT SHOULD GO THROUGH THE FINANCIALS, I CAN BETTER SHOW THAT, BUT WE SOLD THE LAND TO CANON BEACH, WHICH WAS AROUND $23 MILLION.

UM, AND HALF OF THAT, ON HALF OF IT, WE GOT $8 MILLION AS A DOWN PAYMENT.

AND THE OTHER 16 MILLION WAS AS A NOTE, UM, DUE TO US OR DUE TO THE EDC.

THIS GIVES THE, UH, MY STAFF THE ABILITY OVER THE NEXT FEW YEARS TO WRITE OFF THAT NOTE AS CANON BEACH MAKES PROGRESS ON THE LAND AND DEVELOPMENT AS, AS, UH, WRITTEN IN THE AGREEMENT, THE INCENTIVES, UM, ON THAT LAND AS THIS IS WHAT, UM, THE BUDGET MOVEMENTS WERE.

YEAH, YEAH.

JUST A A, A COMMENT, 'CAUSE THERE WAS A STORY ON THE NEWS LAST NIGHT THAT IT LOOKED LIKE IT WAS AN NEW INCENTIVE BEING APPROVED.

AND, AND, UH, FOR ANYBODY THAT'S FOR THE, I DON'T KNOW, FIVE OR SIX PEOPLE THAT WATCH THIS MEETING MM-HMM .

AT EIGHT O'CLOCK IN THE MORNING ON THEIR TV.

UH, IF YOU DRIVE OUT TO THE PROJECT SITE THAT, THAT THERE'S A BIG HOLE OUT THERE WHERE THEY'VE ALREADY STARTED CONSTRUCTION AND THAT PROJECT IS ONGOING.

AND, UH, YOU KNOW, THIS, THIS HAS BEEN SOMETHING THAT'S BEEN, UH, GOING ON NOW FOR QUITE SOME TIME AND IT'S, IT'S, THE CONSTRUCTION'S GONNA TAKE A LONG TIME.

BUT, UH MM-HMM .

UH, THANK YOU FOR THAT EXPLANATION BECAUSE UH, YEP.

I THINK THAT CLEAR CLARIFIES WHERE WE'RE AT ON THE BUDGET AMENDMENT SHOWS THE REVENUE OF 23 MILLION THAT WE'LL BE BUDGETING, AND THEN THE, UM, POSSIBLE EXPENSE UP TO 20 MILLION.

SO THE DELTA IS $3 MILLION THAT WOULD BE GOING TO Y'ALL'S FUND BALANCE, BUT THOSE TRANSACTIONS HAVE ALREADY HAPPENED.

THIS IS JUST THE BUDGET SIDE OF IT.

CONSIDER DISCUSS, ACT ON THE JUNE, 2026 FINANCIALS MORNING.

ANY OTHER COMMENTS, QUESTIONS? IF NOT, I'LL TAKE A MOTION.

I MOVE TO MO MOVE TO APPROVE AS, AS PRESENTED TO JUST DO AN ACCOUNTING SECOND MOTION BY KURT.

SECOND.

BY WHO? WHO IS, IS THAT MATT? SCOTT.

SO CAST YOUR VOTES, THAT MOTION PASSES 26 0 9 1 2.

[26-0912 Consider/Discuss/Act on the June 2026 Financials]

AGAIN, I'LL START WITH THE JUNE ONE.

LEMME GO AHEAD AND ANNOUNCE 26 0 9 3,

[26-0913 Consider/Discuss/Act on the July 2026 Financials]

WHICH IS JULY FINANCIALS, AND THEN YOU CAN COVER BOTH OF 'EM AND WE CAN VOTE AFTER THAT.

NEGATIVE 18%, WHICH WAS AN AUDIT COLLECTION THAT WE'VE TALKED ABOUT A FEW TIMES THIS YEAR.

LET'S GET TO THE INCOME STATEMENT.

ALL RIGHT.

CHANCE MILLER, ASSISTANT DIRECTOR OF FINANCE, WE'RE GOING OVER THE, WE GOT TWO MONTHS OF FINANCIALS TO GO OVER TODAY.

UH, THE FIRST ONE IS JUNE.

AND YOU SEE IT WAS A PRETTY ACTIVE MONTH FOR THE EDC.

WE COLLECTED A LITTLE UNDER $2.3 MILLION IN REVENUE.

THE MAJORITY OF THAT CAME FROM SALES TAX REVENUE.

THEN WE HAD EXPENDITURES OF CLOSE TO $4.4 MILLION.

THE MAJORITY OF THAT, UH, COMING FROM PROJECTS, THAT INCENTIVES CAME DUE IN THE MONTH OF JUNE.

AND LOOKING AT SALES TAX IS QUITE SMALL.

UM, BUT THIS GOES BACK TO APRIL.

SO THIS IS APRIL SALES AND WE HAD AN 8.6% INCREASE, WHICH IS REALLY STRONG FOR THE CITY OF MCKINNEY.

ALLEN HAD A 28.7% INCREASE.

FRISCO HAD 6.8% AND THEN PLANO HAD 9.4%.

I WILL SAY THAT, UH, PLANO HAD POSITIVE AUDIT COLLECTIONS, THAT THE TRUE PERIOD TO PERIOD, THE INCREASE FOR PLANO WAS 3%.

UM, AND THAT BRINGS OUR MCKINNEY'S YEAR TO DATE THOUGH TO 5.5%.

YOU STILL DUNNO WHAT'S GOING ON ON THE SCREEN, BUT THE, UM, THE SALES TAX BY INDUSTRY I MENTIONED LAST MONTH, BUT NOW THAT WE'RE SO FAR IN THE YEAR THAT IT'LL TAKE SOMETHING DRASTIC TO REALLY CHANGE THESE PERCENTAGES AS THEY'RE YEAR TO DATE VARIANCE PERCENTAGES.

AND SO THESE LOOK VERY SIMILAR TO LAST MONTH.

RETAIL TRADE IS STILL AT 5% AND FOOD SERVICES AT 9%.

THE ONLY OUTLIER IS THAT

[00:30:01]

CAN WE GO TO JULY? OOPS, SOMETHING WENT WRONG.

REFRESH.

JUST KEEP IT THERE.

RIGHT THERE.

YOU CAN LEAVE IT LIKE THAT.

JUST SCROLL DOWN.

YEAH, YEAH, THIS IS FINE.

IF YOU DON'T MIND SCROLLING DOWN TO THE INCOME STATEMENT.

PERFECT.

UH, SO THIS IS FOR THE MONTH OF JULY.

IT WAS A LITTLE LESS ACTIVITY, UM, FOR JULY, BUT THE EDC COLLECTED ALMOST $2.3 MILLION.

AGAIN, THE MAJORITY OF THAT IS SALES TAX REVENUE.

REGARDING EXPENDITURES, WE WERE AT ALMOST 1.5 MILLION WITH THE MAJORITY OF THAT COMING FROM PROJECT AND OPERATIONAL EXPENSES.

UM, AND THEN WE HAD OUR, UH, INS TRANSFER THAT WILL COVER OUR DEBT PAYMENTS THAT WE MAKE, UM, TWICE A YEAR.

UH, LET'S GO TO SALES TAX.

SO NOW WE'RE, THIS APPLIES TO THE MONTH OF MAY AND I CAN'T, ARE YOU ABLE TO CENTER THAT UP? THAT PAGE THAT SKIPS ME PAST IT.

PERFECT.

UH, KIND OF SMALL, BUT WE HAD A 5.5% INCREASE AS WELL.

AND UM, IN JULY THAT APPLIED TO MAY.

AND YOU SAID ALAN HAD A 9.8% INCREASE.

FRISCO HAD AN 18.6% INCREASE, AND THEN PLANO HAD A DECREASE, WHICH WAS THE FIRST TIME I'VE SEEN A DECREASE LIKE THAT IN A FEW, UH, MONTHS NOW.

BUT, UH, MCKINNEY THAT'S KEEPS OUR YEAR TO DATE PERCENTAGE AT 5.5%, WHICH MEANS WE'VE BEEN PRETTY CONSISTENT FOR ABOUT FOUR TO FIVE MONTHS NOW IN THAT RANGE, WHICH, UM, CONTRIBUTED TO US AND THE NUMBER WE PRESENTED TO CITY COUNCIL FOR THE SALES TAX, UM, INCREASE FOR NEXT YEAR.

AND, UM, ALSO FOR US, WHAT WE PROJECT TO ENDING THIS YEAR AT.

SO THE SALES TAX BY INDUSTRY WILL LOOK BASICALLY THE EXACT SAME AS THE ONE I JUST SHOWED YOU.

AND, UM, I'LL BE HAPPY TO ANSWER ANY QUESTIONS.

QUESTIONS.

WE STILL DON'T KNOW WHAT ALAN'S DOING THAT'S CAUSING THEIRS TO JUST SKYROCKET.

UH, I KNOW A LITTLE BIT MORE NOW.

UM, I, I HAD MENTIONED DATA CENTERS IN THE PAST THAT THAT'S WHAT THEY CLAIMED IT LOOKS LIKE THE COMBINATION OF THE DATA CENTER THEY BUILT AND THE UM, UH, COSTCO PLAYS THE BIGGEST ROLE IN THAT.

WHAT I DON'T KNOW IS THE INCENTIVES THEY COULD HAVE GAVE TO THAT DATA CENTER.

A LOT OF THOSE GET, UM, SOME TAX EXEMPTIONS FROM, IT'S EITHER THE STATE OR THEY'RE GETTING JUST REIMBURSEMENTS BACK FROM THAT SALES TAX.

THAT'S THE PART I DON'T KNOW.

AND ALAN'S NOT BEING VERY CLEAR WITH ME ON THAT FRONT, BUT THERE'S A COMBINATION OF THOSE TWO.

SHARING ITEMS 26 0 9 1 4.

IT LOOKS LIKE THAT'S THE ROLE ON YOU, SO.

SURE.

OTHER QUESTIONS? OKAY, WELL THEN WE NEED A MOTION ON BOTH 26 0 9 1 2 AND 0 9 1 3, MOVE TO APPROVE.

SECOND WE HAVE A MOTION BY MARK, A SECOND BY MATT CAST, CAST YOUR VOTES.

MOTION PASSES.

ALRIGHT, WE'RE DOWN TO INFORMATION

[26-0914 Recognition of Outgoing MEDC Board Members]

RECOGNITION OF OUTGOING MEDC BOARD MEMBERS.

I'LL TRY NOT TO CHOKE UP .

SO WE DO HAVE TWO OUTGOING BOARD MEMBERS, UH, KURT AND MATT.

AND, UH, YOU KNOW, WE'VE SERVED WITH, ESPECIALLY WITH KURT WITH FOR A LONG TIME HERE.

AND, AND CERTAINLY APPRECIATE YOUR SERVICE NOT ON THIS BOARD, BUT, UM, YOU BOTH HAVE SERVED ON OTHER BOARDS AND COMMISSIONS WITHIN THE CITY OF MCKINNEY AND, UH, FOR A NUMBER OF YEARS.

AND I THINK THAT THAT'S JUST AN ONGOING TRUE TESTAMENT TO THE PEOPLE THAT LIVE HERE THAT NOT ONLY LIVE HERE, BUT WANT TO CONTRIBUTE AND GIVE BACK TO MCKINNEY TO MAKE MCKINNEY STRONG.

SO THANK YOU SO MUCH FOR YOUR SERVICE AND UH, WE'RE GONNA MISS YOU AND WE GET, BUT UH, WE GET SOME GOOD PEOPLE COMING ON BOARD AND, AND, UH, AND SO, UM, THANK YOU VERY MUCH.

ANYBODY ELSE WOULD LIKE TO COMMENT? NOW'S THE TIME TO DO SO.

UM, I'D JUST LIKE TO SAY THAT UM, IT'S BEEN A PLEASURE WORKING WITH EACH OF YOU.

YOU HAVE VASTLY DIFFERENT SKILL SETS AND STYLES, WHICH I THINK IS TERRIFIC, RIGHT? , KURT BRINGS, UH, TREMENDOUS ATTENTION TO DETAIL AND FOCUS ON FISCAL RESPONSIBILITY.

AND MATT BRINGS A KNOWLEDGE OF WHAT'S REALLY GOING ON IN THE CITY OF MCKINNEY AND WHAT IT'S REALLY LIKE TO RUN BUSINESSES IN MCKINNEY AND IS WELL CONNECTED WITH A WIDE VARIETY OF PEOPLE AND AN INCREDIBLY WIDE VARIETY OF PEOPLE.

AND BOTH THOSE SKILLS HAVE BEEN A REAL VALUE TO THIS BOARD, WHICH I APPRECIATE.

PARK AND RECREATION AND, AND, UH, YOU MADE THAT DEPARTMENT BETTER AS WELL.

ANYBODY ELSE? KOSKI? YEAH, OBVIOUSLY IF YOU WERE, UH, YOU KNOW, MATT AND KURT, YOU GUYS HAVE MADE THE MEDC TEAM, THE STAFF LEVEL BETTER WITH YOUR GOOD QUESTIONS AND YOUR OBSERVATIONS.

REALLY APPRECIATE IT.

AND WITH KURT, YOU AND I GO BACK TO MC DC DAYS WHERE I HAD THE PLEASURE OF PRESENTING IN FRONT OF YOU AS THE DIRECTOR OF

[00:35:01]

UH, SO YOUR LEGACIES ARE CERTAINLY IMPRINTED ON MCKINNEY.

WE LOOK FORWARD TO WORKING WITH YOU IN DIFFERENT CAPACITIES IN THE FUTURE.

SO ON BEHALF OF STAFF, THANK YOU SO MUCH FOR ALL YOUR SERVICE.

AND THEN I'LL TURN IT OVER TO YOU GUYS.

SO KURT, IF YOU WANT, YOU WANNA GO FIRST? MATT? NO, YOU GO FIRST.

HEY, I'M, UH, I'LL JUST SAY I'M GRATEFUL AND HUMBLED TO HAVE SERVED THE PAST SIX YEARS ON THE EDC BOARD.

UM, 12 IF YOU INCLUDE THE C, DC WITH GREAT BOARD MEMBERS, UM, THE EDC STAFF, CITY STAFF, UM, AND WE'VE DONE SOME REALLY GREAT THINGS AS IT'S BEEN SAID OVER AND OVER AND OVER TODAY.

UM, EXPANSION OF LOCAL BUSINESSES, RAYTHEON, PAT CARR, ENCORE, GLOBE LIFE, UM, SOUTH SIDE BANK, UM, JUST THOSE THINGS THAT MAKE OUR CORRIDOR WHAT THEY ARE TODAY.

UM, AND WE WERE ABLE TO BRING THE FIRST HIGH RISE, UM, TO MCKINNEY, WHICH WE'RE IN, UM, WORLD CLASS, UM, AMPHITHEATER, COMMERCIAL AIRLINES AND S**T.

WE'RE EVEN SURFING IN IN MCKINNEY HERE SOON.

UM, I'VE ALWAYS MADE IT MY MISSION TO KEEP THE CITIZENS IN MIND, UM, AND FISCALLY RESPONSIBLE OF HOW WE'RE SPENDING MONEY AND WHAT WE'RE DOING.

AND ALSO FOR, UM, INCLUDING MY DISTRICT ONE, EVEN THOUGH SOMETIMES I'M NOT RECOGNIZED AS BEING DISTRICT ONE.

UM, THANKS AGAIN FOR THE COUNCIL FOR THE OPPORTUNITY.

WHO KNOWS, UM, WHAT IT BRINGS, WHAT IT MEANS TO HAVE CITIZENS ON THESE BOARDS TO HELP PUSH FORWARD THE COMMUNITY.

AND, UH, WHO KNOWS? I MIGHT NEED TO BREAK UP MY CAMPAIGN SIGNS SOON HERE.

ALRIGHT, .

WELL, IT HAS DEFINITELY BEEN AN HONOR TO SERVE ON THIS BOARD.

AND I'VE, I'VE BEEN A PART OF MANY BOARDS.

I'M ON, I'M ON SOME TWO OTHER BOARDS CURRENTLY.

AND, UH, THE QUALITY AND DEPTH OF THIS BOARD IS SECOND TO NONE.

I, I DON'T THINK CITY COUNCIL COULD HAVE CRAFTED A BETTER BOARD AND I DON'T KNOW WHY THEY LET ME BE A PART OF IT.

UM, MS. KURT HAS ALLUDED TO THE PAST.

I WANNA ALLUDE TO THE FUTURE BECAUSE I WENT THROUGH A TOQUE OKLAHOMA THIS WEEKEND AND I WANT TO TELL YOU A SMALL STORY ABOUT WHAT THE BURDEN IS UPON THOSE OF YOU THAT SERVE YOUR COMMUNITY AND GUIDE TO THE FUTURE.

AND THE REASON I WENT THROUGH AT TO OKLAHOMA, I DID NOT GO AROUND TO TOKA, OKLAHOMA.

IT WAS 'CAUSE OF ONE MAN UNITED STATES REPRESENTATIVE IN THE LATE SIXTIES AND EARLY SEVENTIES NAMED CHARLES BONNER SENIOR.

AND AS THE UNITED STATES FEDERAL GOVERNMENT STARTED TO CRAFT A PLAN TO TAKE HIGHWAY 75 OFF OF THE SQUARE OF MCKINNEY AND OFF OF HIGHWAY FIVE AND MAKE AN INTERSTATE HIGHWAY.

ONE MAN SAID, NOT, NOT MY TOWNS, YOU'RE NOT GONNA GO AROUND MY TOWNS.

AND HE, HE FOUGHT.

AND THAT'S WHY TODAY YOU TRAVEL ON INTERSTATE HIGHWAY UNTIL YOU GET TO PETO, OKLAHOMA AND YOU GO THROUGH A LITTLE TOWN AND YOU GO THROUGH THREE STOPLIGHTS.

'CAUSE MR. BONNER HAD A HOTEL ON ONE SIDE OF HIGHWAY 75 AND A TRUCK STOP ON THE OTHER.

AND HE WAS TOUTED BY HIS CONSTITUENTS AS BEING A HERO TO THE PEOPLE, NOT OUR TOWN.

OUR TOWN'S NOT GONNA GET BYPASSED.

AND HE LISTENED TO SMALL-MINDED, NARROW-MINDED, SHORT VISION PEOPLE.

HE WAS THEIR HERO, BUT THEY DIDN'T HAVE A LONG VISION.

AND THAT TOWN HAS STRUGGLED AND YOU HAVE STRUGGLED TO GET THROUGH THAT TOWN.

AND YOU QUESTION WHAT IS WRONG WITH PEOPLE IN OKLAHOMA , IT WAS 'CAUSE ONE MAN WHO WAS IN A POWER POSITION HAD INFLUENCE AND HE BEAT DOWN THE NTA AND THEY SAID, FINE, WE'LL GO THROUGH YOUR LITTLE TOWN.

AND 50 YEARS LATER THEY'RE FINALLY BUILDING A BYPASS.

SO AS YOU HEAR THE RHETORIC OF THE CITIZENS, DON'T BE A CHARLIE BONNER, LOOK TO THE FUTURE AND DON'T, DON'T DO THINGS WE HAVE TO FIX IN 50 YEARS.

SO THAT'S ALWAYS, I'VE TOLD MR. KOWSKI THAT STORY I ALWAYS SAID, I ALWAYS WANNA THINK THROUGH THINGS NOT AS THE OWNER OF A LOCAL YOEL, NOT AS AS SOMEONE WHO SEES TODAY, BUT 50 YEARS FROM NOW.

BUT WE MAKE GOOD DECISIONS AND THAT'S WHAT THIS BOARD HAS DONE WELL.

SO THANK Y'ALL FOR LETTING ME BE A PARK YOU, MR. CHAIRMAN, IF I MAY, WE DO HAVE SOME GIFTS FOR MATT AND KURT.

WE'LL GET A PHOTO OUT FRONT OF THE ENTIRE BOARD AND I PASS THESE OUT SO SHANNON AND LUKE WILL ASSIST WITH THAT.

SO PLEASE STORM ME DOWN HERE.

WE'LL GET A NICE PHOTO ALL OVER.

YES.

SO, UH, WE FOLKS, BEAUTIFUL PROJECTS, UH, YOU FOLKS TOUCHED ON.

SO PRESENT THOSE TO YOU.

[00:40:11]

ALRIGHT, RIGHT HERE.

THREE, TWO, I EVERYBODY TAKE A HALF STEP THAT DIRECTION.

3, 2, 1.

THANK YOU FOR YOUR SERVICE.

SNUCK IN OVER THERE, CELEBRATING INDIANA AGAIN.

THEY MADE A STATE .

DID THEY BEAT ST.

MARY'S HIGH SCHOOL? ? NO.

YEAH, THAT WAS GOOD.

THAT WAS GOOD.

COMMENTS? YOU GOT ONE? I HAVE ONE.

YOU KNOW, AND YOU DIDN'T SAY THE FIGHTING ALIGNMENT.

I, WELL I DO HAVE TO SAY, I GUESS WE'RE KIND OF DOWN TO PUBLIC COMMENTS REGARDING MATTERS.

NOT ON AGENDA.

I'LL TAKE THAT FIRST.

ANYBODY, ANY BOARD

[BOARD COMMENTS]

YOU KNOW, GOD BLESS YOUR TEXAS BECAUSE WE HAVE THIS OHIO STATE GUY UP HERE KNOW IT'S COMING AND HE'S BEEN SO QUIET, AND I DON'T KNOW WHY.

I MEAN, YOU KNOW, JUST TALK ABOUT A COLLAPSE, .

WOW.

MASSIVE PROPORTIONS.

IT WAS TERRIBLE.

BUT AS I TELL ALL THE TEXAS FANS, IT'S NOT THE PLAYOFFS YET.

SO HERE WE GO.

YEAH, AND THEY, YOU KNOW, AND OF COURSE YOU KNOW, MICHIGAN BARELY GOT BY WESTERN MICHIGAN AND THEN PLAYED GREAT.

NO, THEY LOST.

THEY LOST.

AND, AND YET THEY'LL PROBABLY BEAT OHIO STATE TOO.

IS, DON'T WORRY, WE'RE GONNA BEAT INDIANA.

SAID YEAR FOR OHIO STATE IN INDIANA.

ANYWAY, HERE WE GO.

YEAH, WE TO GO LONGHORNS.

ALL RIGHT.

UH, AND WITH

[EXECUTIVE SESSION]

THAT WE WILL GO INTO EXECUTIVE SESSION.

I DIDN'T EVEN GO TO YOUTUBE, I JUST ENJOY ANYTIME OHIO STATE .

BUT, UM, OKAY.

EXECUTIVE SESSION IN ACCORDANCE WITH SECTION 5 5 1 0 7 1 SUBPARAGRAPH TWO, CONSULTATION WITH ATTORNEY ON ANY WORK SESSION, SPECIAL OR REGULAR SESSION AGENDA ITEM REQUIRING CONFIDENTIAL ATTORNEY-CLIENT ADVICE ASSOCIATED BY DELIBERATION OR DISCUSSION SET OF ITEMS, IF ANY.

SECTION 5 5 1 0 7 2 DELIBERATION IS ABOUT REAL PROPERTY.

5 5 1 0 7 4 PERSONNEL MA MATTERS PERIODIC REVIEW OF THE RESIDENT'S EMPLOYMENT AGREEMENT.

5 5 1 0 8 7 DELIBERATIONS ON ECONOMIC DEVELOPMENT MATTERS AS STATED IN THE AGENDA.

PUBLIC PLUG AND PLAY, CANON BEACH VENUE PROJECT MARTY, PROJECT BLOOMING AND PROJECT FIZZY.

WE WILL ADJOURN INTO EXECUTIVE SESSION AT 8:46 AM AND WE WILL COME BACK IN THE EVENT THAT THERE IS ANY ACTION TO BE TAKEN.

UH, BEFORE WE ADJOURN.

WE'RE OUT OF EXECUTIVE SESSION AT 10:29 AM

[ACTION ON EXECUTIVE SESSION]

AND I WILL ENTERTAIN A MOTION ON, I BELIEVE, BELIEVE WE NEED A MOTION ON PLUG AND PLAY.

YES.

UM, I'LL MAKE A MOTION THAT WE AFFORD STAFF THE ABILITY TO NEGOTIATE THE NEW CONTRACT WITH PLUG AND PLAY WITHIN THE PARAMETERS AS DISCUSSED IN EXECUTIVE SESSION.

I'LL SECOND.

CAN WE HAVE A MOTION BY THA AND A SECOND BY JULIE CAST YOUR VOTES.

HE APPROVED IT.

, WE NEED HIS VOTE.

SOMEBODY TOUCH HIS SCREEN.

WE, WE HAVE A QUORUM.

ALL THAT MOTION PASSES.

AND THEN WE NEED A, A MOTION ON PROJECT FIZZY, RIGHT? YEAH.

I MAKE A MOTION THAT WE APPROVE PROJECT FIZZY AS DISCUSSED IN EXECUTIVE SESSION SECOND.

AND WE HAVE A MOTION BY THAT AND A SECOND BY MATT SCOTT.

I DUNNO WHY I'M HEARING FROM ONE SIDE OR THE OTHER.

FOR THAT FOR ME, PLEASE? I'LL MAKE A MOTION SO I CAN MOTION BY JULIE.

SECONDED BY SCOTT.

CATCH YOUR VOTES.

IT'S NICE DURING YOUR APPROVALS HERE AND THAT THAT MOTION PASSES.

WE DON'T, THE OTHER PROJECTS WE DO NOT.

RIGHT? MM-HMM.

NO.

ALRIGHT THEN, UH, THE LAST THING WE NEED IS, UH, WE WOULD LIKE A MOTION, UH, BY SOMEBODY TO, UM, AUTHORIZE THE CITY ATTORNEY TO DRAFT A, UH, AGREEMENT FOR NEXT YEAR'S, UH, AGREEMENT WITH THE, UH, PRESIDENT OF THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION.

CAN SOMEBODY MAKE A MOTION

[00:45:01]

SECOND.

BY MARK.

CASHIER VOTES I ABSTAINING.