The Plano City Council at a Nov. 23 regular meeting approved a request by KHYI 95.3 to hold its 20th annual Texas Music Revolution Festival at Oak Point Park and Nature Preserve on March 25-26.

The radio station had previously hosted the festival at Southfork Ranch and was looking for a new, larger location, according to city staff reports. KHYI will receive a five-year agreement with the city with an option to renew.

The city also agreed to provide the radio station a cash advance of $100,000 annually under this agreement to cover costs, along with in-kind city services to include police security worth up to $85,000.

The city will pay for this through its Convention and Tourism Fund, according to Amy Fortenberry, Plano Parks and Recreation director.

The last music festival held at Oak Point Park was Suburbia, a two-day event held in May 2014. The event did not take place this year because festival organizer Live Nation opted out of its contract with the city, according to city documents. Plano invested $500,000 into the Suburbia music festival.