A committee in McKinney will recommend the city consider asking voters to approve about $350 million worth of bond projects this spring.
The recommendation comes from an executive committee made up of McKinney’s five bond committees that met to discuss the proposal Jan. 9. The recommendation will be presented to the city council on Jan. 15.
The proposed $350 million in bonds would be divided into five areas: $91 million for McKinney parks and recreation, $100 million for transportation, $75 million for public safety, $50 million for a new Municipal Community Complex and $34 million for a new public works facility.
The bond is needed to help the city grow in the most effective way possible, Mayor George Fuller said.
Initial discussions during a city budget work session in August had tallied about $450 million worth of projects. Those included the Apex Center’s need for expansion, a new McKinney Senior Center and a new Municipal Community Complex.
Fuller and mayor pro tem Tracy Rath, who are both on the executive bond committee, said the recommendation has been lowered because they believe the city could pursue other avenues of funding on some projects.
The committee’s recommendation is still subject to change, and examples of projects will likely be added to the bond committee’s presentation when it goes before the city council on Jan. 15, according to city staff.
Council must decide on a bond election no later than Feb. 15 for the proposal to be placed on the May 4 ballot.