McKinney City Council discusses Gabe Nesbitt Park, low-income housing, downtown parking at Tuesday's meeting

The master plan for Gabe Nesbitt Park was approved in 2015.

The master plan for Gabe Nesbitt Park was approved in 2015.

McKinney City Council discussed a variety of topics, including a downtown parking garage and funding for improvements to Gabe Nesbitt Park, during Tuesday night's meeting.



Gabe Nesbitt Park improvements
The council approved the transfer of $750,000 from the Hike and Bike Trail Construction Project and $500,000 from the land acquisition to an improvements project at Gabe Nesbitt Park.

The transferred funding will be used to create a second access connection to the John and Judy Gay Library and offer additional parking at the park near the baseball fields.






9 percent low-income housing tax credit
The council passed a resolution of support regarding the application of Cross F Ranch senior living and lofts, located in the Honeycreek development, to the Texas Department of Housing and Community Affairs for a 9 percent low-income tax credit.

Approval of support for the tax credit does not mean approval for development.

These developments and need for support were brought to the council during a Jan. 2 meeting, but no action was taken during that meeting.





Downtown parking garage
During the meeting, the council also approved an updated lease agreement on an approximately $7.6 million parking garage located at the northeast corner of Chestnut and Virginia streets. The new agreement allows a completion date of Dec. 1 and indicates the city will pay for the relocation of the Oncor power pole.

The Sanchez Group, who is developing the parking garage, said a ground breaking will take place in mid-March.




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