What happened?
McKinney City Council members approved a purchase and sale agreement and an interlocal agreement for the purchase during a Jan. 20 meeting. McKinney ISD’s board of trustees also approved the land sale during a meeting held the same night.
Assistant City Manager Trevor Minyard said the land will be used to develop a fifth take point for pulling water from the North Texas Municipal Water District. NTMWD provides water for 13 member cities across North Texas, including McKinney.
“That fifth take point has been identified as a need in our water system for some time now,” he said.
City officials have been trying to locate land in this part of McKinney for some time now in order to develop that take point, Minyard said. Under terms of the agreement approved by city and district officials, the city will pay $7.5 million in cash and grant the district rights to swim lanes at one of the Apex Centre’s pools and a future aquatic facility that will likely be located on the land the city is purchasing, according to officials.
These rights are valued at $11.5 million, bringing the total value of the purchase and sale agreement to $19 million, according to the agreement.
More details
The $7.5 million will be appropriated from the city’s water and wastewater fund balance after council members approved a budget amendment, according to a city document. The interlocal agreement dictates that the city will develop a “multi-generational recreation center” with "world-class" amenities, including:
- Indoor heated competition swimming pool
- Indoor and outdoor leisure pool
- Play areas
- Party rooms
- Multifloor fitness hub
- Gymnasium
- Basketball courts
- Indoor track
Also of note
Dennis Womack, assistant superintendent of Business Operations, said McKinney ISD did not plan to utilize the 110 acres for school facilities. District officials are recommending the sale of the land to McKinney, he said during the Jan. 20 board meeting.
The interlocal agreement with the city includes rights for the district to use up to 10 swimming pool lanes at the new facility for 10 hours per week over 50 years. The agreement also allows the district to use up to seven swimming pool lanes within the existing Apex Centre pool for 10 hours a week over 52 years.
