The McKinney City Council approved a proposed bond package worth $160.3 million in May and on Nov. 3, McKinney voters will have the chance to vote on the largest bond package in the city’s history.
Prop. 1: $64,095,920 for street projects
The city is asking for more than $64 million for street projects that officials say will help increase economic activity, improve safety and revamp the city’s aging infrastructure.
Prop. 2: $50 million for airport improvements
The city is seeking $50 million for land acquisition and hangar construction at McKinney National Airport.
The city took over operation of the airport in November 2013 from a private developer.
Prop. 3: $22.5 million for public safety facilities
The city is asking for $19.5 million for two new fire stations, one to be built near the intersection of Hardin Boulevard and Virginia Parkway as well as a Craig Ranch location.
Expansion and improvements at the city’s Public Safety Building, which houses both the police and fire departments, would cost $3 million to add 50,000 square feet to the building as well as an indoor gun range.
Prop. 4: $11.7 million for municipal building improvements
The city is requesting $9.5 million for the 18,000-square-foot expansion of the John and Judy Gay Public Library.
Accessibility improvements to city facilities will account for an additional $1.2 million. This includes removal of architectural barriers to allow for accessibility as required by the Americans with Disabilities Act.
The city is asking for another$1 million for facility design and construction of a new facility to maintain the city vehicle fleet.
Prop. 5: $10 million for a downtown parking structure
The city is asking for $10 million for the project that, if approved, will be built between Louisiana and Virginia streets along Church Street. Officials said the project will provide more than 400 new parking spaces.
Prop. 6: $2 million for flood protection
A request for $2 million for dam rehabilitation north of US 380 between Hardin Boulevard and Lake Forest Drive.
Prop. 7: revoke $13 million park bond capacity
In 2010, voters approved $13 million in bond funds for parks projects, but the issue will be going back before voters for revocation. The city has found a new way to fund park projects by using revenue from the Community Development Corp. Since the city will draw $5.5 million per year for these projects, it no longer needs bond funding.
A “Yes” vote on this proposition will give the city permission to cancel the issuance of the bonds.